Assume that you began a small business in May 2019. The name of your business is Four Seasons Trading Company. Following are the transactions for the first month:

(1) You invested $10,000 in business from your own resources.

(2) Borrowed $30,000 from a bank.

(3) You purchased equipment for $25,000 cash.

(4) Purchased merchandise for $12,000 using cash.

(5) During the first month of operations, your company sold merchandise for $27,000 in cash.

(6) You repaid $300 of the amount borrowed from the bank.

(7) You withdrew $800 from the business for personal use.

(8) The business was started in a rented building with monthly rent of $500; the rent for the month was paid on May 31.

(9) Paid salaries of $1,200 to the office assistant.

(10) You paid $35 interest to the bank.

Required:

Prepare General Journal, T-accounts/Ledger accounts, and Trial Balance using proper formats.