Enter the above transactions in various ledger accounts and prepare a trial balance.

Here are the solutions to your questions: 3. (b) Enter the above transactions in various ledger accounts and prepare a trial balance. Ledger Accounts Cash Account |l|l|r|l|l|r| Date & Particulars & Amount (Ksh) & Date & Particulars & Amount (Ksh) \\ Feb 1 & Capital & 160,000 & Feb 2 & Bank & 100,000 \\ Feb 4 & Loan & 30,000 & Feb 3 & Building & 70,000 \\ & & & Feb 28 & Balance c/d & 20,000 \\ & Total & 190,000 & & Total & 190,000 \\ Mar 1 & Balance b/d & 20,000 & & & \\ Bank Account |l|l|r|l|l|r| Date & Particulars & Amount (Ksh) & Date & Particulars & Amount (Ksh) \\ Feb 2 & Cash & 100,000 & Feb 5 & Purchases & 7,000 \\ & & & Feb 6 & Loan & 20,000 \\ & & & Feb 28 & Balance c/d & 73,000 \\ & Total & 100,000 & & Total & 100,000 \\ Mar 1 & Balance b/d & 73,000 & & & \\ Capital Account |l|l|r|l|l|r| Date & Particulars & Amount (Ksh) & Date & Particulars & Amount (Ksh) \\ Feb 28 & Balance c/d & 160,000 & Feb 1 & Cash & 160,000 \\ & Total & 160,000 & & Total & 160,000 \\ & & & Mar 1 & Balance b/d & 160,000 \\ Building Account |l|l|r|l|l|r| Date & Particulars & Amount (Ksh) & Date & Particulars & Amount (Ksh) \\ Feb 3 & Cash & 70,000 & Feb 28 & Balance c/d & 70,000 \\ & Total & 70,000 & & Total & 70,000 \\ Mar 1 & Balance b/d & 70,000 & & & \\ Loan Account |l|l|r|l|l|r| Date & Particulars & Amount (Ksh) & Date & Particulars & Amount (Ksh) \\ Feb 6 & Bank & 20,000 & Feb 4 & Cash & 30,000 \\ Feb 28 & Balance c/d & 10,000 & & & \\ & Total & 30,000 & & Total & 30,000 \\ & & & Mar 1 & Balance b/d & 10,000 \\ Purchases Account |l|l|r|l|l|r| Date & Particulars & Amount (Ksh) & Date & Particulars & Amount (Ksh) \\ Feb 5 & Bank & 7,000 & Feb 28 & Balance c/d & 7,000 \\ & Total & 7,000 & & Total & 7,000 \\ Mar 1 & Balance b/d & 7,000 & & & \\ Debtors Account (Accounts Receivable) |l|l|r|l|l|r| Date & Particulars & Amount (Ksh) & Date & Particulars & Amount (Ksh) \\ Feb 6 & Sales & 1,500 & Feb 28 & Balance c/d & 1,500 \\ & Total & 1,500 & & Total & 1,500 \\ Mar 1 & Balance b/d & 1,500 & & & \\ Sales Account |l|l|r|l|l|r| Date & Particulars & Amount (Ksh) & Date & Particulars & Amount (Ksh) \\ Feb 28 & Balance c/d & 1,500 & Feb 6 & Debtors & 1,500 \\ & Total & 1,500 & & Total & 1,500 \\ & & & Mar 1 & Balance b/d & 1,500 \\ Trial Balance as at February 28, 2022 |l|r|r| Account Name & Debit (Ksh) & Credit (Ksh) \\ Cash & 20,000 & \\ Bank & 73,000 & \\ Capital & & 160,000 \\ Building & 70,000 & \\ Loan & & 10,000 \\ Purchases & 7,000 & \\ Debtors & 1,500 & \\ Sales & & 1,500 \\ Total & 171,500 & 171,500 \\ 4. (a) Explain five current trends in product promotion. • Digital Marketing: This involves using online channels such as social media, search engines, email, and websites to promote products and reach target audiences. • Influencer Marketing: Businesses collaborate with individuals who have a significant following and credibility in a specific niche to endorse or promote their products. • Content Marketing: This trend focuses on creating and distributing valuable, relevant, and consistent content (like blogs, videos, or infographics) to attract and retain a clearly defined audience. • Personalization: Promotional messages and offers are tailored to individual customers based on their data, preferences, and past behavior, making promotions more relevant. • Experiential Marketing: This involves creating immersive and interactive brand experiences, such as pop-up shops, events, or virtual reality experiences, to engage customers directly. 4. (b) Explain five features of money as a medium of exchange. • Acceptability: Money must be generally accepted by everyone in an economy as a means of payment for goods and services. • Divisibility: Money should be easily divisible into smaller units without losing its value, allowing for transactions of varying amounts. • Portability: Money should be easy to carry and transport, making it convenient for people to use in daily transactions. • Durability: Money must be able to withstand wear and tear from frequent handling and last for a reasonable period without deteriorating. • Scarcity: Money must be limited in supply to maintain its value and prevent inflation, ensuring it remains a reliable store of value. 3 done, 2 left today. You're making progress.