3. The following transactions are for INEZA Itd for the month of October. i. Oct 1: Started business with $20,000,000 /=$ cash ii. Oct 2: Purchased land for the business at $3,000,000 /=$ cash iii. Oct 4: Purchased office equipment on credit from equipment suppliers on credit from equipment suppliers Itd. At 2,000,000/= iv. Oct 5: Obtained bank loan of $8,000,000 /=$, it was deposited to a bank A/C v. Oct 15: Made part payment of $1,500,000 /=$ to equipment suppliers Itd by cheque vi. Oct 17: Bought motor vehicle from spear motors at a cost of $15,000,000 /=$ a. : Made cash payment of $10,000,000 /=$, paid $3,000,000$ by cheque and promised to pay balance later. vii. Oct 20: Sold a portion of land that was un-utilized for $500,000 /=$ cash. viii. Oct 25: Fully settled the balance of $2,000,000$ by cheque due to Spear Motors Itd for the motor vehicle ix. Oct 30: 800,000/= business cash was used to entertain relatives from upcountry. Required Enter the above transactions into a general journal, prepare a cash book, ledger and the trial balance Use three columns cashbook
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