DATE	DESCRIPTION
Jan 1, 2016	Started business with bank balance 40,000, Building 90,000 and Furniture 5,000
Jan 2, 2016	Purchased goods costing 20,00 on credit from AA Ltd.
Jan 3, 2016	Sold goods for 5,000 on cash
Jan 4, 2016	Purchased Office Stationery for cash 2,00
Jan 4, 2016	Deposited 3,000 cash in the business bank account
Jan 5, 2016	Sold goods on credit to A & K Ltd. and B & V Ltd. for 4,000 and 1,000 respectively
Jan 10, 2016	Purchased goods with list price 1,600 on credit from Z & A Ltd. and get a trade discount 5%
Jan 15, 2016	Donated goods costing 2,000 as a charity
Jan 16, 2016	A & K Ltd. and B & V Ltd. in full through cheque which was immediately deposited in the bank account
Jan 20, 2016	Purchased office supplies for 500
Jan 22, 2016	Paid AA Ltd. in full through cheque
Jan 25, 2016	Paid 5,000 for salaries and wages through bank
Jan 30, 2016	Paid insurance 500 through cheque
Jan 31, 2016	Paid Office rent 1,000 through cheque

Required:

1. Journal Entries for the above business transactions.
2. Ledger Accounts
3. Trial Balances for the month of Jan 2016