FINANCIAL ACCOUNTING Ug & Sons commenced business on January 14 and decided to close off their books and ascertain the profits or loss made at the end of the month January 1. Started business with GH45,000 cash. 15 Bought goods from Adama Itd. Worth GH15,000 17 Cash sales amounting to GH20,000 21 Sold goods on credit to Duah for GH16,000 25 Paid wages totalling GH6,000 25 Paid Adama Ltd GH5,000 as part-payment of their debt by cheque 28 Goods worth GH600 was taken out by the proprietor for personal use 29 Bought motor car on credit costing GH12,000 29 Duah made part-payment amounting to GHe10,000 by cheque 30 Paid the following expenses by cash: Fuel GH0450; Water GHe 400 Required Enter the transaction in the accounts, Close each accounts at the end of the month and