Alhaji Mohammed Garuba started business January 1, 1991 with a capital of
N16,000. The following transactions were carried out during the month of January:
1. Purchased furniture by cash
2. Purchased stationery
3. Purchased goods by cash
4. Purchased goods on credit from Mallam Nagogo
15. Sold goods for cash
18. Sold goods to Charlotte Umedo on credit
20. Paid advertisement expenses
25. Paid Mallam Nagogo
N3,500 cash being part of settlement of goods purchased
28. Paid rent in cash
31. Paid salaries and wages
Required: You are required to write up ledger Accounts recording the above transactions and extract a Trial Balance.
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