Trout Swimming School uses a sales journal, purchases journal, cash receipts journal, cash payments journal and a general journal. The business also maintains subsidiary ledgers for accounts receivable and accounts payable, in addition to the related control accounts (ignore GST). The relevant account balances as of December 31, 2019 were as follows.

Account No.	Account Title	Account balance
		Debit	Credit
100	Cash at Bank	$54,000
120	Accounts Receivable	66,000
140	Inventory	95,000
200	Equipment	1,250,000
300	Accounts Payable		$55,000
330	Bank Loan		600,000
400	S. Salmon, Capital		810,000
500	Sales		-
510	Sales Returns and Allowances	-
520	Discount Received		-
600	Purchases	-
610	Discount Allowed	-
		$1,465,000	$1,465,000

The accounts receivable and accounts payable subsidiary ledger balances were as follows.

Accounts Receivable		Accounts Payable
M. Falzon	$13,200	Nelligan Ltd	$11,000
S. H. Guan	8,800	Pellham & Co	11,000
R. Jamal	22,000	Yap United Ltd	33,000
Khalil	16,500
K. Mezzini	5,500
	66,000		$55,000

The following transactions occurred during the first quarter of 2020.

Jan 3	S. H. Guan took advantage of the 2% sales discount and paid off her account
11	Sold a $10,000 item to K. Mezzine on account, invoice no. 401
15	Purchased $30,000 of inventory from Pellharm & Co on credit. Terms 2/10, n/30
18	Received $6,000 from M. Falzon on his account. No discount was allowed.
20	Paid $11,000 to Pellham & Co on its previous account balance. No discount was taken.
25	Paid $30,000 owing to Pellham & Co, taking advantage of the 2% discount.
Feb 10	A cash sale of $20,000 was made to a new customer, E. Tsiros
14	R. Jamal paid $11,000 on his account, outside the discount period
23	Sold a $5,000 item to K. Mezzini on account, invoice no. 402
28	Paid $22,000 on the Yap United Ltd account. No discount was received.
Mar 4	Purchased $40,000 in inventory from Nelligan Ltd on credit. Terms n/30.
16	Sold a $500 item to A. Khalil on account, invoice 403
22	Paid $22,000 on the Nelligan Ltd account
27	A $500 sales allowance was given to A. Khalil, due to a defective product.

Required

1. Enter the first quarters transactions in the appropriate journals. and prepare sales journal, purchases journal, cash receipts journal, cash payments journal and a general journal.
2. Prepare a trial balance as at March 31, 2020.