asah Sdn Bhd started its business in May 2020. Following is the business transactions for May 2020: 2020 May 1 Started in business with RM18,000 in the bank. == 2 Bought goods on credit from Binda RM1,455. == 3 Bought goods on credit from Gmart RM472. == 5 Sold goods for cash RM210. == 6 Rasah returned goods to Binda RM82. == 8 Bought goods on credit from Gmart RM370. == 10 Sold goods on credit to Saimi RM483. == 12 Sold goods for cash RM305. == 18 Took RM250 of the cash and paid it into the bank. == 21 Bought a printer by cheque RM620. == 22 Sold goods on credit to Buchan RM394. == 23 Saimi returned goods to Rasah RM160. == 25 Buchan returned goods to Rasah RM18. == 28 Rasah returned goods to Gmart RM47. == 29 Paid Binda by cheque RM1,373. == 31 Bought machinery on credit from Yaacob RM419. Required: Prepare the journal entries for the transactions occur in the month of May 2020.
Rasah Sdn Bhd started its business in May 2020. Following is the business transactions for May 2020:
2020
May 1 Started in business with RM18,000 in the bank.
== 2 Bought goods on credit from Binda RM1,455.
== 3 Bought goods on credit from Gmart RM472.
== 5 Sold goods for cash RM210.
== 6 Rasah returned goods to Binda RM82.
== 8 Bought goods on credit from Gmart RM370.
== 10 Sold goods on credit to Saimi RM483.
== 12 Sold goods for cash RM305.
== 18 Took RM250 of the cash and paid it into the bank.
== 21 Bought a printer by cheque RM620.
== 22 Sold goods on credit to Buchan RM394.
== 23 Saimi returned goods to Rasah RM160.
== 25 Buchan returned goods to Rasah RM18.
== 28 Rasah returned goods to Gmart RM47.
== 29 Paid Binda by cheque RM1,373.
== 31 Bought machinery on credit from Yaacob RM419.
Required:
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