Jim decides to start a small business that he runs himself as a sole trader.

The following then occurs:
1.Capital of K20, 000 was introduced by the Jim.
2. Goods were purchased for K3000 for resale.
3. Sales of K4000 were made of goods that had cost K2500.
4. Rent was paid at a cost of K700.
5. A non-current asset was purchased for K10, 000
6. Jim took K500 of drawings from the business.
7. A customer returns goods to Jim that were purchased for K50.
8. Jim returns unwanted purchases for which he had paid K80.
9. Jim makes sales with advertised price of K100 at a discount of 10%.
10.Jim Purchases goods worth K500 on credit.
11.Jim pays for the K500 of goods and gets a 5% discount for early payment.

Show the ledger transactions and the trial balance for the above information