The following transactions has been extracted from the books of Banson & Sons for April 2013: Apr. 1: Commenced business with 40,000. Apr. 4: Bought goods for cash 4,000 Apr. 7: Sold goods 700 (for Cash) Apr. 10: Bought goods from Nora Bros. 3,000 at 10% trade discount. Apr. 14: Purchased machinery of 5,000 from Umar Bros. Apr. 16: Paid for transportation of machinery 500 & installation charges 300 on it. Apr. 20: Paid quarterly interest on borrowed amount of 3,000 at 12% p.a. Apr. 24: Supplied goods to Daniel & Sons 2,500. Apr. 27: Paid to Umar Bros. 1600 in full settlement of account. Apr. 28: Banson & Sons returned goods worth 200 & paid for 1,100 on account. Apr. 29: Received commission 150. Apr. 30: Paid conveyance to manager 150 Required: a) Prepare the journal entries for the transactions above b) Balance off all accounts c) Etraxt a trial balance from the balances