3. Record the following transaction in the appropriate journal, ledger accounts, balance off the accounts and prepare trial balance as at 31 January 2020. Jan 1 Started business with RM2,000 cash 5 Purchased goods on credit RM1,000 10 Sold goods on credit RM800 15 Bought furniture by cash RM400 20 Received cheque from debtor RM800 25 Cash sales RM200 31 Paid salary by cash RM300
3. Record the following transaction in the appropriate journal, ledger accounts, balance off the accounts and prepare trial balance as at 31 January 2020. Jan 1 Started business with RM2,000 cash 5 Purchased goods on credit RM1,000 10 Sold goods on credit RM800 15 Bought furniture by cash RM400 20 Received cheque from debtor RM800 25 Cash sales RM200 31 Paid salary by cash RM300
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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