QUESTION BERIMA ENSU is a small high street business selling computer software. The following account balances were brought forward on January 2019. 1.675 850 14,500 8.700 Bank (overdrawn) VAT owing Sales Purchases Discount Allowed Discount Received C Mulhcam (a supplier) P Hughes (a customer 750 450 3,400 5.500 During January the following transactions took place: 2 January 2019 An invoice for $1.200 plus VAT was sent to P Hughes. 3 January 2019 A credit note for $750 plus VAT was received from Mulhear in respect of retumed goods. A cheque for 2,200 was sent to Mulhearn in full settlement of their 8 January 2019 account. The balance remaining is to be treated as a discount A credit note was sent to P Hughes for 1,500 including VAT in respect of 9 January 2019 damaged software. P Hughes sent a cheque for 64,900 in full settlement of the amount 12 January 2019 outstanding. The rest is to be treated as a discount. 15 January 2019 BERIMA ENSU took 4350 out of the bank for his own personal use. 17 January 2019 An invoice is received from C Mulhearn for $790 plus VAT for the supply of new software 20 January 2019 A cheque was sent to HMRC for VAT owing. 25 January 2019 A water bill of 1.500 is now due to be paid. There is no VAT on this service. REQUIRED: b) Open all the appropriate accounts that are necessary to record the above transactions and enter all balances brought forward on 1 January 2019. Make the necessary entries in the relevant accounts to record the transactions including discounts and value added tax at 20%. (16 marks)