Assume that a relatively new company you and you group members are involved wilth has presented you with the following transactions for 2021 from the books of the business. This company operates one bank account to reflect all cash and cheque transactions. You are now required to read these transactions carefully then prepare the relevant documents and bocks as cutlined in the requirements below. 1 Aug g Started business with $150, 000 in the bank 3 Aug Bought supplies on credit from Right Way Manufacturers 24 Boxes Air Filtar 96 Botties fuel injector cleaner 48 Boxes Spark Plug 36 Boxes Brake Shoe 24 Boxns Disc Pads $720.00 per box $200.00 per bottle $300.00 per box $580.00 per box $400.00 per box 5 Aug Provided services for cash less 10% discount 12 small motorbike engines 6 large motorbikn engines (full service) 8 medium size motorbike engines (full service) $350.00 per engine $950.00 per engine sa00.00 per engine 7 Aug Paid Rent by cheque $5,000.00 10 Aug Paid Wages by cheque $8,000.00 Bought Fixtures from CT Limited paying by cash 10 Aug $3,500.00 11 Aug Provided services on credit to Auto Care. 24 small motorbike engines 8 large motor bike engines (partial service) 12 medium size motorbike engine (partial service) $350.00 per engine $650.00 per engine $550.00 per engine 12 Aug Bought Fixtures on oredit from CT Lid $8,000.00 13 Aug Received a loan from NBC cash $25,000.00 14 Aug Provided services on credit to P&S Auto 18 Large motortbike engines (full service) 12 medium size motor bike engines 24 medium size motorbike engines 20 small motortbike engines $950.00 per engine $650.00 per engine $650.00 per engine $350.00 per engine 21 Aug Paid CT Lid by cheque $3,000.00 22 Aug Paid wages cash $3,000.00 Paid Right Way Manufacturer the amount owing to them by cheque, they allowed us a 15% discount 23 Aug 27 Aug P&S Auto paid the amount owing by them in Cash less 10 % discountig 27 Aug Electricity paid by cash $1,500.00 28 Aug The owner took $5000 out of the bank for his personal use. 28 Aug Provided services for cash 12 small motorbike engines 6 medium size motorbike engines 4 medium size motor bike engines $350.00 per engine $550.00 per engine sa00.00 per engine Bought supplies on credit from big J Manufacturers 4 Bottles Fuel Injector Cleaner 9 Boxes Air Filters a Boxes Sparks Plugs 29 Aug $200.00 per bottle 3720 00 per box $300.00 per box 30 Aug Provided service for cash 8 smal motorbike engines 7 Large motorbike engines 8 Medium matortbike engines $350.00 per engine $950.00 per engine $550.00 per engine 31 Aug Supplies on hand 5 Boxes Air Filter 6 Botties fuel injector cleaner 12 Boxes Spark Plug 13 Boxes Brake Shoe 9 Boxes Disc Pads $720.00 per box $200 00 per botte $300.00 per box $580.00 per box $400.00 per box To avoid dupication of account names and the use of improper account names, the company has provided the folowing list of accounts used to record its transactions as extracted from its chart of accounts: Capital Cash Supplies Right Way Manutacturers J Manufacturers P&S Auto CT Lid Service Revenue Discount Alownd Rent Expense Wages Expense Supplies Expense Fixhurns Auto Care Loan NBC Discount Received Electricity Expense Drawings