Jane began trading as Gamesmakers on 1 December 2019 with capital of RM90,000, with which she opened a bank account of RM80,000 and held cash totalling RM10,000. Her trade is selling equipment used to measure the aerobic performance of athletes in training. During December 2019 the following transactions took place:

2nd	Paid RM50,000 by cheque to buy a warehouse and workshop
3rd	Purchased for RM27,000 a selection of high quality testing equipment from Commonwealth Ltd to be sold on to customers, paying by cheque.
4th	Sold for cash some of the equipment, for RM4,000.
5th	Bought another RM12,000 of testing equipment on credit from TDF Gear.
6th	Paid in cash RM4,000 of the amount owed to TDF Gear
7th	Gamesmakers took out a 10-year bank loan of RM6,000 to buy shelving for the warehouse. The money was paid into the business bank account immediately, but no payment to the suppliers has been made yet.
8th	Sold equipment totalling RM28,000 to Carnegie Training for RM7,000 Immediate payment by cheque with the outstanding amount payable in 60 days.
9th	Sold equipment totalling RM12,000 to GB Football Ltd on 60 days credit.
10th	Carnegie Training returned RM3,000 of the equipment they had purchased because it was more than they had ordered.
11th	Returned RM1,000 of faulty equipment to TDF Gear.
13th	The shelving arrived at the warehouse from Sweden, and Jane accepted the delivery. The supplier, a firm called Andersshelve, have offered Jane 21 days credit, which she has taken.

Required

1. Record the above transactions in General Journal and prepare T ledger accounts
2. Balance off the ledger accounts and extract a trial balance at 31 December 2019.