Record the following details relating to a carpet retailer for the month of November 2017 and extract a trial balance as at 30 November 2017.
2017
November
1 Started in business with £15,000 in the bank.
3 Bought goods on time from: J. Small £290; F. Brown £1,200; T. Rae £610;
R. Charles £530.
5 Cash sales £610.
6 Paid rent by cheque £175.
7 Paid business rates by cheque £130.
11 Sold goods on time to: T. Potts £85; J. Field £48; T. Gray £1,640.
17 Paid wages by cash £290.
18 We returned goods to: J. Small £18; R. Charles £27.
19 Bought goods on time from: R. Charles £110; T. Rae £320; F. Jack £165.
20 Goods were returned to us by: J. Field £6; T. Potts £14.
21 Bought van on time from Turnkey Motors £4,950.
23 We paid the following by cheque: J. Small £272; F. Brown £1,200; T. Rae £500.
25 Bought another van, paying by cheque immediately £6,200.
26 Received a loan of £750 cash from B. Bennet.
28 Received cheques from: T. Potts £71; J. Field £42.
30 Proprietor brings a further £900 into the business, by a payment into the business bank account.