1. 1. Jennie has started as a sole trader on 1 March 2020. The following transactions and events of trading for her first month are as follows: Date Transaction She starts the business by depositing a cheque for $160,000 into the business bank account. 2 She purchases machinery worth $44,000 by cheque. 8 She purchases inventory on credit for $92,000. 10 She sells good for $20,000 in cash. 12 She pays $60,000 to the supplier of the goods purchased on 8th March. This is the part of payment of the total amount due. 15 She sells goods on credit for $34,000. 24 She writes a cheque to withdraw $6,000 from the business. 25 She receives a business loan of $200,000. Required: 1. Post the transactions directly to the appropriate nominal ledger accounts. 2- Prepare the trial balance as at March 31, 2020 (10 marks)