Question 3 During the first month of trading. Natalia recorded the following transactions for his business Aug 1 Started business by putting $7,400 in to the business bank account. Aug 4 Bought goods on credit from J. James $460 Aug 5 Bought a van by cheque $4.920. Aug 7 Purchased goods for cash S362. Aug 10 Sold goods on credit to A Amy S218 Aug 12 Returned goods to a J. James $42. Aug 19 Sold goods for cash $54. Aug 21 Natalia paid her gym membership fee by taking $20 from business bank account Aug 22 Bought fixtures on credit from ALL. Furniture Lid 5820. Aug 24 F Holmes lent us $1,500 paying us the money by cheque. This amount will be payable to F Holmes within 2 years Aug 29 We paid), James his account by cheque $368, Aug 30 A. Amy returned goods to us $60 Aug 31 A. Amy paid us S100 by cash Aug 31 Paid $200 for TV advertisement for promoting the products Required: For the first month of trading, you are required to: i. Record the above transactions in the ledger accounts and balance of the accounts Extract a trial balance as at 31 Jan 2019