Mr. Ravinggo commenced trading as a wholesale stationer on 1^st Dec 2021 with a capital of RM6 000 with which he opened a bank account for his business. Transactions for the month of December 2021 are given as following:-

2021

Dec 1 Bought shop fittings and fixtures by cheque for RM2000.

2 Purchased goods on credit from Shawn for RM650; Kee RM76; Mei Lin RM27; and Indra RM56.

5. Sold goods on credit to Chan for RM700.
6. Cash sales RM 87
7. Purchased goods on credit from Gan for RM300.
8. Paid wages in cash RM 14

9. Sold goods on credit to Heng for RM580; Hilly RM 35; Jack RM 42; Clinton RM 72.
10. Cash sales paid intact into bank RM200.
11. Bought goods for cash RM 46
12. Received cheque from Chan in settlement of his account.
13. Bought goods on credit from: Mei Lin RM 57; Indra RM 98; Kay RM800.
14. Paid wages in cash RM
15. Sold goods on credit to : Jack RM32; Clinton RM23
16. 16 Bought furniture from Stella Design on account RM 50.
17. 17 Paid Mei Lin RM 84 by cheque

18. Sold goods on credit to Ning RM360.
19. Goods returned to Indra RM 20 and Kee RM 24
20. Sent cheque to Shawn in settlement of his account.
21. Paid rent by cheque RM200.
22. Paid delivery expenses by cheque RM50.
23. Paid Stella Design a cheque for RM 50
24. Received from Heng RM200 by cheque.
25. Clinton paid us his account by cheque RM 95.
26. Josephine lent Mr. Ravinggo RM 60 by cash.
27. Bought a motor van paying by cheque RM 400.
28.  Drew cheques for personal expenses RM200 and assistant’s wages RM320.
29.  Settled the account of Gan.

Required:

1. Prepare a Prime Book Entry for the above transactions

2. Record the transactions in Ledgers and Balance-off the ledgers.

3. Extract a trial balance.