Question Details you are required to enter the following transactions for May 19-5. The accounts are then to be balanced off and a trial balance extracted as at 31 May 19-5: 19-5 May1 R. Groves started firm by depositing $15,000 into a bank account 2 Bought motor van on credit from K. Fung & son $3,400 2 Bought shop fittings by cheque $600 3 Bought goods on credit from K. Hollar Ltd $1,350; C. DeSousa $810; P. Tucker $180; C. Ross Ltd $440 4 Paid rent by cheque $80 5 Received loan of $300 in cash from D. Kong 5 Sold goods on credit to H. Tai & Partners $500; P. Nunes $373; D. Price $140; P. Wong Ltd $390 6 Bought office equipment on credit from Arthur Young & Co $740 7 Cash sale $260 8 Paid wages in cash $90 9 Bought office stationary for cash $28 11 Sold goods on credit to D. Price $80; L. Gran & Son $115 12 We returned goods to C. Desouza $54; C. Ross Ltd $60 13 Paid K. Fung & son $3,400 by cheque 14 Bought office stationery on credit from Rowland Supplies $150 15 Bought goods on credit from P. Tucker$310; R. Grizzle $770 16 Goods returned to u by P. Nunes $11; P. Wong Ltd $45 17 We paid K. Hollar Ltd $1,350 by cheque 18 Paid wages in cash $95 19 Repaid part of D. Kong's loan by cheque $120 20 Cheques received from D. Price $80; P. Wong Ltd $345 21 R. Groves took $100 drawings in cash 22 Some of the shop fittings we unsuitable and were sold for $60 cash 24 Bought another motor van paying by cheque immediately $3,700 26 Paid wages in cas $110 28 Bought goods for cash $90 31 Paid P. Tucker by cheque $400