The Following Transactions are for Elliot's Business:

A.Elliot purchased goods for resale $9631 from Watson.

B.He sold goods $5000 to Duane on credit

C.Elliot sold goods for cash $1000

D. He paid motor expenses $2785 paying cash

Required:Enter the transactions in Elliot's Ledger.Carry down any balances and check the accuracy of the entries by extracting a trial balance.