Share Caoital Long Term Note Payable Long Term Loan Accounts Payable Accrued Liabilites Salaries & Wages Payable Cash in hand Cash at Bank Accouts Receivable Inventory Prepaid Rent (for 5 months) Amount Dr. Cr. 40,000 10,000 8,000 5,000 2,000 5,000 3,000 20,000 22,000 20,000 5,000 70,000 70,000 Subsidiary Ledgers - Accounts Receivable Name of Customer Amount RAK Limited 6,000 FERZ International 5,000 WIZCraft Limited 7,000 Trends Inc. 1,000 Felton Intl. 3,000 22.000 Subsidiary Ledgers - Accounts Receivable Name of Vendor Amount ARF Limited 1,500 SMMAR Intl. 1,400 Rudolph & Co. 1,100 Samrt Electronics 1,000 5,000 Jan 1 2018 Jan 4 2018 Jan 7 2018 Jan 10 2018 Jan 12 2018 Jan 15 2018 Jan 18 2018 Jan 20 2018 Jan 22 2018 Jan 31 2018 Jan 31 2018 Jan 31 2018 - Issued Cheque No. 701 to ARF Limited for 1,000 Sold Goods on Credit to Trends Inc. for 1500. The cost of the goods is 900 Paid full amount on account of Rudolph Limited - Paid Salaries and Wages in full. Cheque No. 702 - Sold goods on cash 2,000. The cost of the goods is 1,200 - Purchased office supplies 1,000 - FERZ Internation Paid in full on their account. - Paid Accrued Liabilites in full. Cheque No. 704 - Purchased goods on credit 1,000 from Rudolph & Co. - One month rent expired - Salaries & Wages accrued for the month 5,000 - Utilities accrued for the month 2,000 Required: a) Journal Entries for the month b) Ledger Posting for the month c) Trial Balance at the end of the month