QT. Lamboi started business on 1st January 2008. On 1st January 2009, his assets and liabilities were as follows Land and Building 4,000 Furniture and fittings 3,200 Debtors -- T May 400 L. Quec 800 Stock 1600 Cash 200 Bank Overdraft 1,200 Creditors- T. Lamina 500 S. Foday 300 The following transactions took place during the month of January 2009. Jan. 1 Received cheque from L. Quec 700 2 Sold goods on credit to M. Bougay 1,200 5 Paid rent by cheque 40 7 Bougay paid his account in full by cheque 1,150 8 Bought goods for cash 100 9 Banked cash 300 Sold goods for cash 500 Bought goods from T. Lamina on credit 400 Paid salaries by cheque 50 Paid T. Lamina by cheque balance due to him 1st June, Less 5% cash discount Sold goods on credit to M. Bougay 200 Paid S. Foday by cash in full, less 15% discount Cash sales paid direct into banked 400 Bought goods on credit from T. Lamina 500 Paid rates by cash 20 Required a) Prepare the opening journal to obtaind your opening Capital b) Enter the above transactions in the books of prime entries c) Post to the ledger d) Extract a Trial Balance 9 15 20 24 25 26 27 29 30