Omar established Special Craft Trading, a small traditional craft business in year 2019. The following are her transactions for the first month of operation. 

August 

1. Deposited RM190,000 in the business's bank account to commence operations. 

2 Bought motor vehicles for RM80,000; paying deposit of RM20,000 (from business's bank account) with the balance payable in two years with a loan from Standard Chartered. 

3. Bought supplies on credit from T Zone Trading, RM5,500 

4. Paid rent for the month, RM 700 by cheque. 

6. Cash sales to PR Global, RM1,500. 

7 Bought office furniture RM4,000. Paid by cheque. 

8. Transfer money from bank account RM20,000 into business cash account. 

9. Credit sales to Alpha Sdn. Bhd. RM 980. 

11. Sent debit note to T Zone Trading, RM 500. 

13 Purchased two computers on account from HB Tech, RM2,400 

15 Credit sales to MUN, RM1,020. 

17 Received cheque from MUN, RM1,020. 

18 Paid cash RM 5,000 on credit purchase made on 31 August. 

20 Bought goods for cash RM9,000. 

28 Omar withdrew cash RM1,000 for his personal use. 26 

29 Sold goods for cash RM 850. 29 

Paid utilities bills, RM 370 by cash. 

Paid worker's salary, RM 3,500 by cheque.

You are required to: 

1. Record the above transactions in the respective journal entries. Narrations in the general journal are also required. 

2. Post to the appropriate ledgers. (You are also required to close all the ledger accounts (i.e provide closing balance and opening balance). 

3. Prepare the trial balance.