Prepare journal entries, trial balance and nancial statements Opening balances: Cash $10, 000; Capital $10, 000 A Bought a machine on credit from A, cost $8,000 B Bought goods on credit from B, cost $500 C Sold goods on credit to C, value $1,200 D Paid A (a credit supplier) $3,000 E Collected $180 from C, a credit customer F Paid wages $4,000 G Received rent bill of $700 from landlord G H Paid rent of $700 to landlord G I Paid insurance premium $90