10. Record the following transactions for the month of August for Ali, a small retailer, balance off all the accounts, and then extract a trial balance as at 31 August 2019: 2019 $ August 1 Started business with cash 40,000 2 Bought Office Building for cash 5,000 4 Bought goods on credit 520 7 Purchased stationery for cash 70 10 Bought goods paying by cash 7,500 15 Sold goods for cash 4,200 17 Paid Electricity bill by cheque 500 20 Paid David, a credit supplier, by cheque 100 21 Paid wages by cheque 1,000 23 Bought furniture for cash 3,800 24 Withdrew cash for personal use 700 25 Postage paid 50 26 Cash paid for insurance 180 27 Sold goods on credit 6,000 28 Received rent by cheque 500 29 Returned faulty goods to David 45 30 Loan from Bank 2,000 31 Collected from Lee, a credit customer 1,000