Louise Baldwin commenced business as a wholesaler on 1 March 2012. Her sales on credit during March

Louise Baldwin commenced business as a wholesaler on 1 March 2012.

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Her sales on credit during March 2012 were: March 9 Neville's Electrical 4 computer monitors list price 180 each, less 20% trade discount Maltby plc 20 computer printers list price 200 each, less 25% trade discount Neville's Electrical Assorted software list price 460, less 20% trade discount March 17 March 29 All transactions are subject to Value Added Tax at 10%. (a) Rule up a Sales Day Book and head the main columns as follows. Date Name and Details List price less trade discount f-p VAT -p Total E-p Enter the above information in the Sales Day Book, totalling and ruling off at the end of March 2012. (b) Make the necessary postings from the Sales Day Book to the personal and nominal accounts in the ledger. (c) Prepare a trial balance as at 31 March 2012.