PLEASE CREATE T ACCOUNTS FOR THE FOLLOWING

The following transactions relate to a small pastry shop, Wallace Foods, which sell baked products located in the May Pen area for the month of June 2019. Wallace Foods June 01 Started the business with $160 000 in a bank account and $40 000 cash. June 03 Bought equipment on credit from Raymar James for $16 000 June 05 Purchased goods on credit from L. Wong for $50 000. June 08 Sent an invoice to Carl Samuels for $60 000, less 10% trade discount June 09 Cash sale $10 000 June 12 Sold goods on credit to J. Davis, $24 000 June 14 Returned goods worth $3 000 to L. Wong. June 15 Prepared a credit note for Carl Samuels in relation to damaged goods, $10 000. June 17 Received an invoice from Captains for goods valued at $28 000, less 25% trade discount. June 20 Paid L. Wong the amount owing on his account with a cheque. June 21 Paid rent $24 000 cash June 24 Received a cash loan from J. Murray for $20 000 June 27 Owner withdrew $12 000 cash for personal use June 29 Purchased $40 000 goods on credit from L. Wong June 30 Electricity $25 000, salary $56 000 and telephone $13 600 were paid by cheque. o Closing Stock was valued at $100 000 III o