John started a business on 1 August 2022. Her first months transactions are as follows: 1 Aug John started the business with 15,000 in cash. She paid 14,400 of this amount into the business bank account. The first months rent for her business premises was paid in cash, amounting to 400. 3 Aug John bought equipment costing 4,200, paying by cheque. Inventory costing 9680 was bought on credit from Avas Plc. 7 Aug 8 Aug 14 Aug 17 Aug 20 Aug 23 Aug 25 Aug 28 Aug 30 Aug Required: Inventory was sold for 4050. The customer paid by bank transfer. Inventory costing 310 was returned to Avas Plc. Inventory was sold on credit to B. Ismail for 4,500 and C. Thompson for 370. A sum of 42 was paid in cash for electricity. B. Ismail returned inventory originally sold to him for 250. The amount owing to Avas Plc was paid by cheque. Inventory costing 7,100 was bought on credit from K. Martins. The amount owed by B. Ismail was received by cheque. 1,540 was paid by cheque for insurance. A salary of 380 was paid by bank transfer to a temporary employee who resumed on the 12 August. Record these transactions in Johns ledger accounts, balance these off and draw up a trial balance as at 30 Aug 2022. 40 Marks