The following transactions belong to Butter Cup Ltd, Record in the ledger, then balance off the ledger accounts and extract a trial balance as at December 31, 2018. (60 Marks)

Dec 3 Started Business with capital of $4000 in the bank and $3400 in cash.

Dec 4 Bought goods on credit from the following persons: Brown $800;

Power $1200 and Thomas $750

Dec 5 Sold goods on credit to: Kevin $2500; Shelly $6200; Kim $450

Dec 6 Paid Insurance by cash $520.

Dec 9 Kevin paid us his account by cheque $500

Dec 10 Shelly paid us $350 by cheque.

Dec 12 We paid the following by cheque: Brown $400; Powell $500.

Dec 30 Paid Telephone bill by cash $250

Dec 30 Owner took $600 from the bank for personal use.