16. Jenny's payable ledger shows opening balance of RM600 at I August. During the month she purchased goods worth RMI,200 on credit and RM500 on cash. Beside she paid RM1,000 to suppliers. What will be the amount of the closing balance of her payable ledger? a) RM1,300 b) RM700 c) RM800 d) RM200

16. Jenny's payable ledger shows opening balance of RM600 at I August. During the month she purchased goods worth RMI,200 on credit and RM500 on cash. Beside she paid RM1,000 to suppliers. What will be the amount of the closing balance of her payable ledger? a) RM1,300 b) RM700 c) RM800 d) RM200

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

16. Jenny's payable ledger shows opening balance of RM600
at I August. During the month she purchased goods worth
RM1,200 on credit and RM500 on cash. Beside she paid
RM1,000 to suppliers. What will be the amount of the closing
balance of her payable ledger?
a) RMI,300
b) RM700
c) RM800
d) RM200

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