1. On 1 November, Charlotte Taylor started a new business. During November she carried out the following transactions:

1 November: Deposited $28,000 in a newly-opened business bank account.

2 November: Bought office supplies for $6,500 cash and inventories $8,000 on credit.

3 November: Borrowed $5,500 from a friend and deposited it in the bank.

4 November: Bought a car for $11,500 cash and withdrew $450 in cash for her own use.

5 November: Bought additional office supplies costing $12,500. The car bought on 4 November was given in part exchange at a value of $8,000. The balance of the purchase price for the new supplies was paid in cash.

6 November: Taylor received $4,000 from a client and paid the amount into the business bank account. She also repaid $2,500 of the borrowings.

Required:

Draw up a detailed ledger for the business at the end of November.