Complete the appropriate ledgers in 'T' Form format. Sana set up a business on 1 January 2010 toprovide transport services. His businesstransactions for the first ten clays are givenbelow:January1Contributed K50 000 as initial capitaland deposited this into the businessbank account.Purchased a truck for cash, K20 000.Paid fuel expenses, K 300.Purchased office supplies for K 200.Bought fuel on credit from GorokaService Centre K150.Produced transport services for cashK3 000.Provided transport services to BorokoTrading for K 1 500 on credit.Paid cash for office rent K. 100.Received a part payment: of K600from Boroko Trading.Vallue of office supplies used duringthe period is KLOO34678910AssignineTeacher:Signature

The T-accounts are prepared to post the balances to specific accounts of the business.

1 Contributed K50 000 as initial capital and deposited this into the business bank account. 2 Purchased a truck for cash, K20 000. Paid fuel expenses, K 300. 3 4 6 Purchased office supplies for K 200. Bought fuel on credit from Goroka Service Centre K150. 7 Produced transport services for cash K3 000. Provided transport services to Boroko Trading fc r K 1 500 on credit. 8