The following transactions relate to a dairy, converting milk to cheese, for the month of May.

Prepare ledger accounts which record the transactions.

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1 May 1 May 2 May 3 May 4 May 14 May 14 May 16 May 28 May 28 May 31 May 31 May 31 May Bought 600 drums of milk from supplier on credit, invoiced price being 90,000 Bought cartons, cost 6,000 paid in cash Returned to supplier one drum damaged in transit, 150 500 drums of milk issued to cheesemaking department, cost 75,000 Issued two-thirds of cartons to cheesemaking department, 4,000 Paid cheesemakers' wages 3,000 Paid wages for cleaning and hygiene 600 Paid rent, rates and electricity in respect of printing, 8,000, in cash Paid cheesemakers' wages 3,000 Paid wages for cleaning and hygiene 600 Transferred all production of cheese in cartons to finished goods inventory. No work-in-progress at end of month. Finished goods stock value at 6,000