Question 1 On 1st September 2020 William's cash book shows a cash balance of 170 and a debit bank balance of 2,250. . . . . During the week ended 7th September the following transactions took place: Sept 1: Sold 240 of goods on credit to A Anderson Sept 2: Purchased goods on credit from B Black for 400, less 10% trade credit Sept 3: Withdrew 150 cash from bank for business use Sept 4: Settled a 160 account with C Charles, paying by bank and taking advantage of 5% early settlement discount Sept 5: Sale of goods for100. Payment made by cheque and paid directly into bank Sept 5: Sold 250 of goods to D Dexter on credit, offering 4% discount for early settlement (10 days) which you do not expect Dexter to take up. Sept 5: Paid office rent 400, through the bank. Sept 5: Purchased 660 goods on credit from E Edwards Sept 6: Settled account with B Black Sept 6: Sold 410 of goods on credit to F Fitch Sept 7: Dexter settles does her account within the required period Sept 7 Purchased 340 of goods from G Gordon, paying through the bank . (a) Enter the relevant transactions into the sales and purchases day books. [4] (b) [ 2 ] Post the above balances (i.e. from the sales and purchases day books in (a)) to the relevant accounts in the nominal ledger. (c) [3] Complete the relevant double entries for the C Charles and D Dexter transactions. Show as journal entries. (d) [3] Enter the relevant details for all bank transactions in the cash book for week ending Sept 7th