Question Two Neepo Ltd has the following transactions for the first week of January 2017. 1st Started business with cash at N500,000 . . . 1* Bought delivery van from SCOA motors N350,000 and paid cash of N50,000 as deposit 1* Paid rent of N120,000 in cash 2nd Purchased office furniture in cash N20,000 3rd Purchased goods of N50,000 in cash and that same date purchased goods worth N200,000 on credit from modern stores. 4th Sold goods to Kim & sons N300,000 5th Sold goods in cash N150,000 6th Kim & Sons returned goods of N30,000 7th Cash sales N40,000 7th Paid wages N8,000 7th Paid SCOA motors N150,000 You are required to journalize the above transactions, post to the ledger and extract a trial balance