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Question 2 Mary Wong commenced her business on 1 May 2018 with a capital of RM 5,000 of which RM1,000 was in cash and RM 4,000 in a bank account. Her transactions during May were as follows: 2015 May 1 Borrowed RM 2,000 from Public Bank Berhad in the form of cheque 2 Paid rent of RM 750 by cheque 5 Paid wages of RM 120 in cash 8 Purchased goods for RM 1,380 by cheque 10 Sold goods for RM 650 cash 12 Drawings in cash RM 200 15 Bought goods on credit for RM 830 from Sally 18 Sold goods on credit for RM1,250 to Khoo 20 Bought shop fittings of RM 2,500 by cheque 23 Paid water bills of RM 325 in cash 25 Paid Electricity bills of RM 230 by online banking 27 Returned goods costing RM 310 to Sally 28. Khoo returned goods with an invoice value of RM 480 29 Mary introduced further capital of RM 3,000 in cheque 30 Bought stationery of RM 90 in cash 31 Sent Sally a cheque for RM 300 31 Received a cheque of RM 500 from Khoo Required: a. Post the transactions to the appropriate ledger account. b. Prepare the Trial Balance as at 31 May 2018. (25 marks)