I The following are the balances of accounts appearing in the books of Sam Mensah, Iron and Steel Merchant, on 31st Dec. 2011: Debit Balances: Stock in Warehouse GHC21,000; Fixtures and fittings GH6,300: Motor Vehicle GH435,000; Hawa GH9,600 James GHC 3,200, Sowah GH48.900; Cash ar bank GHC 17,300. Credit Balances: Sarah GH4 17,900: Gyan GH9,900. Enter the above and the following transactions into appropriate books of prime entry, GH Jan L Sold to Sowah. 3 tonnes of steel angles @GH45,000 per tonne 15,000 Man 2 Paid Sarah by cheque on account 10,000 Jan 3 Received cheque from James in settlement of his account owing on 31st December 2012 less 5% discount Jan 5 Bought from Gyan 5 tonnes of J.C. Tubes 15,000 Jan 6 Allowed discount to Sowah on 3 tonnes angles invoiced on 1st January. These having been cut to wrong lengths 600 Jan 8 Sundry cash sales 16,000 an 11 Drew and cashed cheque for office purposes 2,000 Jan 12 Paid cash for carrying charges 250 Jan 14 Sold to James 5 tonnes steel rounds 10,000 Jan 16 Received cheque on account from Sowah 8,500 Jan 16 Paid Gyan his account by cheque less discount of 450 Jan 18 Received from Hawa cheque on account 8,000 Jan 19 Bought from Sarah 6 tonnes steel frames 12,000 Jan 20 Sent debit note to James for under charge on 5 tonnes Bar supplied to him on 14th January 500 Jan 21 Sold to Efua 4 tonnes J.C Tubes 8,000 Jan 22 Paid rent by cheque 2,500 2,150 Jan 22 Paid wages in cash Jan 23 Received information that Hawa had wound up the business and gone abroad. Write off balances of her a/c as bad debt. Jan 25 Paid Sarah by cheque less 2% Jan 26 Paid cash for cleaning warehouse windows Jan 29 Sam Mensah withdrew cash for his own use 70 2,500 The Outline the purposes of those books of prime entry referred to as day books. b Describe the contents, and state which documents are used to write up each of the following: The sales day book: (ii) The purchases day book: (iii) The sales returns day book: (iv) The purchases returns day book. Books of Prime E m