Question 2 Mr Ong started a business dealing in electrical goods on 1 January 2020. The following events occurred during the first month of operation. January: 1 Mr Ong started a business by investing RM50,000 cash in the business, Quickpower Trading. 2 Quickpower Trading deposits RM45,000 cash into a bank account. 3 The business borrows RM30,000 from the bank, the loan to be repaid in 3 years. 6 Quickpower Trading purchased RM10,000 worth of furniture by cheque. 9 Stock of electrical goods worth RM18,000 were purchased on credit from Azri. 12 Return damaged goods worth RM500 to Azri. 14 The business paid a cheque for RM9,000 to Azri. 17 Quickpower Trading sold electrical goods for RM4,000 to customers on credit. 19 Customer return some of the goods worth RM200 to business. 31 Quickpower Trading paid RM 300 for electricity by cheque. You are required to: c) Record the transactions in the ledger. d) Prepare Trial Balance as at 31 January 2020