Whyte a Sole Trader started her business January 1 2021. You are being asked to enter the following transactions in the various Ledger Accounts Balance the accounts and extract the Trial Balance as at 31 January 2021 Jan 1

Started business with $150,000

cash in the bank and $120,000

cash in hand Bought machinery $20,000,

furniture $40,000, and fittings $12,000 on credit from Courts Jm. Ltd

Bought goods for resale $25,000 by cheque

Bought goods on credit from T. Brown $3400. Paid for stationary $200 cash

Sold good on credit to A Pony $12000 and J Brooks $12,600.

Sold good for Cash $15,000

Pony returned good $600

L. Whyte withdrew $5000 cash for her personal use

Bought equipment $27,000 by credit

Purchased goods for resale $10,000 by cheque

Cash sales $20,400. Deposited $5000 cash in the bank

Paid or stationer S400 cash

Paid sundry expenses $800 cash

Sold goods on credit to A. Pontian $8000

Paid wages 8000 cash

Purchase goods on credit from A. Bennett $14,000

Sold a plece of the equipment on credit for $5000

Return $400 worth of goods to A Bennett

Good return to us by A. Pontian $800