Enter the following transactions in ledger accounts of ABC (including a two-column cash book), balance off and extract the trial balance.
1 Jan ABC started business and put £1,000 in the business bank account
2 Jan Bought £200 worth of inventory on credit from Brown
3 Jan Purchased a van by cheque for £300
3 Jan Got a logo painted on the side of the van for £100 paid by cheque
4 Jan Sold goods to Yellow on credit worth £300
8 Jan Purchased pencils by cheque for £50
9 Jan Yellow paid his account in full by cheque
10 Jan Paid Brown his account in full by cheque
12 Jan Purchased more inventory on credit from Brown for £300
14 Jan Sold goods to Yellow on credit for £500
15 Jan Purchased a lorry for £100 paying by cheque
20 Jan ABC put another £100 in the business bank account from his own personal account