Wella Ltd is a retailer of beauty products, in addition, the business also offers beauty consulting services. The following transactions occurred for Wella Ltd during April 2019 Ignore GST. Wella Ltd has adopted the perpetual inventory recording method. 7 Apr Purchased inventory for $5,000; paid $1,000 cash and the rest will be paid in 30 days. Purchased equipment for $12,000; paid $4,000 in cash and signed a long term loan for the rest. Paid salaries of $2,400 for work done in April 2019 Cash sales made for $6,000. The inventory sold had cost $3,500 Wella Ltd billed a customer $3,000 for consulting services provided. The company hires a new accountant. The contract includes salary of $2,000 per month. The accountant starts work in two months' time. Paid $1,200 in advance for 12 months insurance 10 Apr 16 Apr 18Apr 18 Apr 23 Apr 30 Apr The opening balance of each ledger account is listed below Cash Accounts receivable: Inventory: Equipment: Accounts payable Share Capital $320 $4,000 S480 $16,000 $200 S20,600 Required (a) Journalise above transactions. If you believe no journal is required, explain the reason. (b) Prepare a Trial Balance for Wella Ltd as at 30 April 2019. (You are not required to show your working on the posting process)