N. Moss commenced business on 1 May 205 with a capital of 77,500 of which 15,500 was in cash and 62,000 was in a bank current/cheque account. Her transactions during May were as follows: 1 May Borrowed 16,500 from Birmingham Bank Ltd in the form of a cheque. 2 May Paid rent of 8,000 by cheque. 5 May Paid wages of 990 in cash. 8 May Purchased goods for 34,700 by cheque. 10 May Sold goods for 6,450 cash. 12 May withdrew 1,650 in cash for personal use. 15 May Bought goods on credit for 17,350 from S. Oak. 18 May Sold goods on credit for 30,250 to k. Heath. 20 May Bought shop fittings of 21,100 by cheque. 23 May Paid water rates of 3,950 in cash. 25 May Paid gas bill of 1,980 by cheque. 27 May Returned goods costing 6,405 to S. Oak. 28 May K. Heath returned goods with an invoice value of 13,500. 29 May N. Moss introduced further capital by cheque: 3,000. 30 May Bought stationery of 660 in cash. 31 May Sent S. Oak a cheque for 6,100. 31 May Received a cheque for 15,000 from k. Heath. Required: Prepare T-accounts and a trial balance for the above transactions