Record the following for the month of January, balance off all the accounts, and then extract a trial balance as at 31 January 19X4:

19X4 Jan 1 Started business with £3,500 cash.

„ 2 Put £2,800 of the cash into a bank account.

,, 3 Bought goods for cash £150.

„ 4 Bought goods on credit from L Coke £360; M Burton £490; T Hill £110; C Small

£340.

„ 5 Bought stationery on credit from Swift Ltd £170.

„ 6 Sold goods on credit to: S Walters £90; T Binns £150; C Howard £190; P Peart

£160.

„ 8 Paid rent by cheque £55.

„ 10 Bought fixtures on credit from Matalon Ltd £480.

„ 11 Paid salaries in cash £120.

,, 14 Returned goods to M Burton £40; T Hill £60.

„ 15 Bought motor van by cheque £700.

„ 16 Received loan from J Henry by cheque £600.

„ 18 Goods returned to us by: S Walters £20; C Howard £40.

„ 21 Cash sales £90.

„ 24 Sold goods on credit to: T Binns £100; P Peart £340; J Smart £115.

„ 26 We paid the following by cheque: M Burton £450; T Hill £50.

„ 29 Received cheques from: J Smart £115; T Binns £250.

„ 30 Received a further loan from J He