construct the double-entry accounts for the following transactions of N James a sole trader and balance off each account at the end of the month

2016

1 Jan Business is started woth opening up of a bank account with private money totalling $3000

3 Jan Fixtures bought on credit from K Wesson for $870

5 Jan Goods purchased on credit from S Johnson for $96

9 Jan Goods purchased on credit from P Jones for $45

13 Jan Money transferred to the cash till from the bank totalling $600

14 Jan Jones paid in full in cash

16 Jan Insurance paid by cheque $33

19 Jan Advertising paid by cash $45

20 Jan Sales on credit of $205 to S Welsh

22 Jan Rent received of $70 cash

26 Jan Welsh returned $60 of goods

28 Jan Cheque recieved from Welsh for $100