3.19X a Record the following transactions in the ledgers of A Chiu's business and then balance off all ** the accounts at the end of May 2022. May 1 " 3 " 6 " " 8 12 Started business with $12,000 cash and a van worth $6,000. Bought machinery for $16,000 on credit from Ultra Machines. Received a $50,000 bank loan, which was credited to the business bank account. Bought goods for $25,000 on credit from Global Ltd. Returned goods costing $700 to Global Ltd. ASS (20.5 " 15 "16 "17 "19 " 20 Paid Ultra Machines $10,000 by cheque. Sold goods for $6,000 on credit to J Lam. Bought goods for $4,000 in cash. Settled the outstanding balance with Global Ltd by cheque. Paid Ultra Machines $6,000 in cash. " 25 "27 Took $5,000 out of the bank and put it in the cash box of the business. Sold goods for $6,000 in cash. "29 The owner took $1,800 in cash for personal use. "30 J Lam paid the business $3,000 by cheque. b State which accounts had a debit balance, a credit balance or a zero balance as at 31 May 2022. the first mo