А. Calculate the value for the missing items below: ASSET EXPENSES LIABILITIES CAPITAL REVENUES RM RM RM RM RM (i) 67,500 85,700 50,500 53,700 (ii) ? 7,000 8,000 21,000 70,000 (iii) 112,000 85,000 |171,000 25,800 (iv) 7,900 ? 3,200 2,750 4,200 (v) 32,500 6,600 7,200 5,700 For each of the following transactions, you are required to: Show the effect of the transactions on assets, owner's equity, liabilities, revenues and expense State the journal entries using the format given below. В. a) b)

А. Calculate the value for the missing items below: ASSET EXPENSES LIABILITIES CAPITAL REVENUES RM RM RM RM RM (i) 67,500 85,700 50,500 53,700 (ii) ? 7,000 8,000 21,000 70,000 (iii) 112,000 85,000 |171,000 25,800 (iv) 7,900 ? 3,200 2,750 4,200 (v) 32,500 6,600 7,200 5,700 For each of the following transactions, you are required to: Show the effect of the transactions on assets, owner's equity, liabilities, revenues and expense State the journal entries using the format given below. В. a) b)

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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