The following information relates to a business with its first month of trading being May 2009 May 2009 Particulars

1 Bought goods on credit $220 from D Small

2 Bought goods on credit $410 from A. Lyon & Son

5 Sold goods on credit to D Hughes for $60

6 Sold goods on credit to M Spencer for $45

10 Returned goods $15 to D Small

11 Goods sold for cash $ 210

12 Goods bought for cash $150

19 M Spencer returned $16 goods to us

21 Goods sold for cash $175

22 Paid cash to D Small $ 205

30 D Hughes paid the amount owing by him $ 60 in cash

31 Bought goods on credit $ 214 from A. Lyon & Son

Required:

1. Relevant ledger accounts

2. Trial balance as at 31st May 2009