Record the following transactions in the ledger accounts ofL. Black for the month of March 2015 and balance-off the accounts, the extract a Trial Balance.

2015

March1Started business with $8,000 in the bank.

March6Purchased goods on credit from D. Lue $7,200.

March10Sold goods for cash $6,500.

March17Returned goods to D. Lue$2,000.

March20Paid telephone expense by $3,250 cash.

March27Purchased Computers$7,000 by cheque

March30Sold good for credit to Mr. Tee $1,700.

March30Proprietor invested a further $5,000 in the business bank account.