Nicola Burt started her own business on 1 August. The following is a list of her transactions in that month:

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(a) Enter the transactions in T-accounts and balance-off your accounts as at 31 August.

(b) Prepare a trial balance as at 31 August.

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Aug 1 Started business with 3,850 of her own cash. 2 4 5 7 10 11 12 19 22 24 29 30 31 Paid 3,500 of this opening cash into a business bank account. Bought goods for resale on time, 414 from D. Bellini. Bought machinery, paying by bank transfer 2,500. Bought goods for resale, paying cash 323. Sold goods on time, 595 to J. Adams. N. Burt took goods from inventory for her own use, cost 98. Returned goods (to the value of 70) to D. Bellini. Sold goods for cash, 328. Bought computer equipment on time from TVC Ltd, 1,450. Received loan from G. Plover, 2,000 cheque, repayable in 10 years. Made a payment to D. Bellini, 180 cheque. Paid wages 530 to employee by bank transfer. Paid TVC Ltd in full by cheque 1,450.