2020

Dec 1 Credit purchases from L. Larry $400; R. Ring $200: J. Jenny $500

2 Credit sales to S. Sing $250; T. Teng $550; P. Penny $600

3 Bought machinery on credit from Daddy Ltd $1,500

4 Returned goods to us by M. Mustang $220

5 We returned goods to E. Eleanor $420

6 Paid electricity by cash $150

7 Bought equipment on credit from Wrangler Ltd $680

8 Sold goods on credit to C. Cinky $350

9 Purchased furniture on credit from N. Neddy $750

10 Rent received by cash $690

Required: Post the above transactions in the relevant journals. (20 marks)