(b) . . . . . . A business undertakes the following transactions during the first week of June 2018: A: Buys a van of credit from Smith Garages Led for 10,000 B: Bought goods on credit from Jones & Sons, costing 750 C: Sold goods on credit to Anderson for 540 D: Paid Brown, a credit supplier 600 E: Donald Ltd a credit customer pays 300 by cheque. F: Paid wages in cash, 900 G: Received a bill for rent for office premises of 1,250 from A&B Property H: Pald A&B 500 towards the property rental outstanding I: Paid advertising costs of 50 in cash J: Transferred 400 from bank to business cash account. K: Received a credit note for 300 from supplier Grahamston & Co L: Sent out a 150 credit note to customer Maxwell Required: Identify the correct debit and credit for each of the transactions [7] above. (Note, there is no need to enter the transactions into ledger 't accounts). . . PUT YOUR ANSWER HERE