Mr. Abdullah has started business as a trader on 1^st February 2020. The following transactions and events of trading for his first month are as follows:

Date Transaction

1^st February He sets up a business as a sole trader by introducing 400,000 into a business bank account.

2^nd February He purchases a delivery van for 14,000, paid in cash.

3^rd February He pays rent for a shop, 2,400 in cash.

4^th February He purchases goods for resale costing 80,000 on credit from supplier Nasser (N00123).

5^th February He sells goods for 50,000 on credit to customer Kasim (SL0897).

6^th February He pays energy bill, 320 in cash.

7^th February He sends out credit note to customer Kasim for goods returned for 1,600 (CN0122).

8^th February He purchases goods costing 60,000 on credit from supplier Jaffar (JR3347).

9^th February He sells goods for 110,000 on credit to customer Ahmed (SL0898).

10^th February He receives payment of 48,400 from customer Kasim. (SL0897).

11^th February He pays supplier Nasser 78,000, making use of the cash discount for swift payment.

12^th February He sells goods for 4,000 in cash.

Required:

1. Enter the following transactions into the cash book and other appropriate day books
2. Post the transactions directly to the appropriate nominal ledger accounts.
3. Prepare the trial balance as of February 29, 2020.