You are required to Prepare a written report for the following tasks. Transactions for the month of December of a small retailer, XYZ ENTERPRISE are given as the following.

2019 Dec

1 Initial investment to start the business with $225 000, cash.

2 Put $90 000 of the cash into bank account

3 Bought goods for cash $5500

4 Bought goods on credit from Kale $800, Saly $930 , Jale $160 and Bale $510

5 Bought stationery on credit from Bean $89

6 Sold goods on credit to Camy $170, Bamy $240, Gamy $326, Tamy $204

7 Rent paid by cheque $220

10 Bought fixtures and fittings by credit from Chuni Bros $610

11 Paid salaries in cash $790

14 Returned goods to Saly $30, Jale $42

15 Bought van by cheque $6500

16 Received loan from Bailey by cheque $2000

18 Sales returns to Camy $ 5, Gamy $20 .

21 Cash Sales $145

24 Sod goods to Bamy $130, Tamy $410, Pamy $158

26 Amount paid by cheques to Saly $900, Jale $118

29 Received cheques from Bamy $158, Pamy $370

30 Received further loan from Bailey by cash $500

30 Received $614 cash from Tamy

Required

(a) Prepare books of prime entry for the above transactions

(b) Record the transactions ledgers and balance off ledgers

(c) Extract a trial balance