Question 1 (100 marks) You are to enter up the necessary accounts for the month of May from the following information relating to a small printing firm locates in North York. Then balance off the accounts and extract a trial balance as at 31 May 2021. .. 4 2021 May 1 Started in business with capital in cash of $800 and $9,200 in the bank. 2 Bought goods on credit from the following persons: J Ward $610; P Green $214; M Taylor $174; S Gemmill $345. Sold goods on credit to: J Sharpe $340; G Boycott $720; F Titmus $1,152. 6 Paid rent by cash $180. 9 J Sharpe paid us his account by cheque $340. 10 F Titmus paid us $1,152 by cheque. 12 We paid the following by cheque: M Taylor $174; J Ward $610; P Green $214. 15 Paid carriage by cash $38. 18 Bought goods on credit from P Green $291; S Gemmill $940. 21 Sold goods on credit to G Boycott $810. 31 Paid rent by cheque $230. ******** END OF TAKE HOME ASSIGNMENT 2