plumllama301

Philosophy 

Reflection Question: What do you value?

I value vacations and playing video games. I put forward the idea these are valuable things to me. However, playing video games is only an instrumental value. In other words, young students play video games because they receive joy and satisfaction from playing video games. Do you agree?

Question 1: Is traveling the world (vacations abroad) desirable because it is instrumentally valuable, i.e., only valuable because it will help you achieve or acquire other things you desire? Is this because you think it is bad (unpleasant) in itself or just neutral (neither desirable nor undesirable)? Or is traveling the world also intrinsically valuable, i.e. valuable for its own sake? If so, why?

Question 2: Is playing video games (Xbox, Playstation, Nintendo Switch) desirable because it is instrumentally valuable, i.e., only valuable because it will help you achieve or acquire other things you desire? Is this because you think it is bad (unpleasant) in itself or just neutral (neither desirable nor undesirable)? Or is playing video games also intrinsically valuable, i.e. valuable for its own sake? If so, why?

The following transactions relate to Kwaabota Enterprise for the month of March 2021.
March:
1 commenced business with GHc 18,000 at the bank
2 purchased office computers GHc 3,000
3 bought goods worth GHc 8,000
4 cash sales GHc 12,000
5 cash deposited at bank GHc 7,000
6 paid commission for salesmen GHc 500
7 sold goods to Asare on credit GHc 1,500
8 bought goods on credit from Adwoa Ayongo GHc 20,000
9 received GHc 800 from Asare
10 paid for utilities GHc 200
11 paid by cheque an amount of GHc16,000 to Adwoa Ayongo
12 cash sales immediately deposited at bank Ghc 4,000
13 paid salaries by cheque Ghc 1,100
14 injected additional Ghc22,000 into the business
15 withdrew Ghc1,500 from the bank for office use.
Required:
a) Makethejournalentriesfortheabovetransactions b) Post the journal entries to their respective ledgers c) Prepare the trial balance