unyo Enterprise is a retail business dealing in general goods Given below are the financial nsactions of the business for January, 2006 January Started busings with GHC500 million, the amount paid into a bank account opened fo the business 2 Credit purchases of goods from Adom Ltd for GHC25 millioGHC125 million was withdrawn from bank for office use. Credit sales ofgoods to Boafo ENT: for GHC21 million at a bulk discount of 5% The following cash transactions occurred cash purchases GHC10.5 million cash sales GHC7 4 millin 5 goods returned to Adom Ltd. as defective items GHC2 5 million Credit purchases from Padipady Ltd for GHC175 million subject to discount 5% trade Credit sales ofgoods to the following persons subpct to 5% trade discoun Polipoli Gidi GHC000 20,000 15,000 8 Settled the amount owing to Adom by cheque 9 Goods returned to Padipady GHC2 5 million 0Cash sales of GHCS5 million 1 Bought furniture for cash GHC2 millin 2 Purchased Mosor Vehicles on credit for Lorry Led. GHC250 million 3 The business purchased invesments in the sock exchange amounss to GHC150 million 14 The following expenses were paid by cash General expenses Wages GHC000 1.500 12.500 5 Boafo Ent. seteled his bill in full with a choque. There was a cash sale of GHCIS mil The business settled 60% of its indebtedness to Larry Ltd Required You are required to record che above transactions into che books of prime entry, post entrics ino the ledger and extract a trial balance for the monsh of January 2005 unyo Enterprise is a retail business dealing in general goods Given below are the financial nsactions of the business for January, 2006 January Started busings with GHC500 million, the amount paid into a bank account opened fo the business 2 Credit purchases of goods from Adom Ltd for GHC25 millioGHC125 million was withdrawn from bank for office use. Credit sales ofgoods to Boafo ENT: for GHC21 million at a bulk discount of 5% The following cash transactions occurred cash purchases GHC10.5 million cash sales GHC7 4 millin 5 goods returned to Adom Ltd. as defective items GHC2 5 million Credit purchases from Padipady Ltd for GHC175 million subject to discount 5% trade Credit sales ofgoods to the following persons subpct to 5% trade discoun Polipoli Gidi GHC000 20,000 15,000 8 Settled the amount owing to Adom by cheque 9 Goods returned to Padipady GHC2 5 million 0Cash sales of GHCS5 million 1 Bought furniture for cash GHC2 millin 2 Purchased Mosor Vehicles on credit for Lorry Led. GHC250 million 3 The business purchased invesments in the sock exchange amounss to GHC150 million 14 The following expenses were paid by cash General expenses Wages GHC000 1.500 12.500 5 Boafo Ent. seteled his bill in full with a choque. There was a cash sale of GHCIS mil The business settled 60% of its indebtedness to Larry Ltd Required You are required to record che above transactions into che books of prime entry, post entrics ino the ledger and extract a trial balance for the monsh of January 2005