Ledgers Balancing off the accounts Trial balance
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Kindly prepare the following:
- Ledgers
- Balancing off the accounts
Trial balance
Transcribed Image Text:Journal Entry in Books of Mr. Lee
Dec-19
PARTICULARS
DEBIT )RM)
CREDIT (RM)
1
Cash a/c
dr
RM
30,000
Bank a/c
40,000
30,000
dr
RM
Premise a/c
dr
RM
To Capital a/c
Furniture a/c dr
RM
100,000
2
RM
5,000
To Jaya Trading
Purchases a/c dr
To Cash a/c
Purchases a/c
RM
5,000
RM
8,000
RM
8,000
4
dr
RM
3,500
To Abu publishers
Drawings a/c
To Purchases a/c
RM
3,500
dr
RM
100
RM
100
6
Van a/c
dr
RM
10,000
To Asia Vehicle
RM
10,000
7
Raya Book Shop dr
RM
5,500
To Sales a/c
RM
5,500
Flyers a/c
dr
RM
350
To Cash a/c
RM
350
Utilities a/c dr
RM
300
To Cash a/c
RM
300
Abu Publisher dr
To Purchase Return a/c
9
RM
500
RM
500
10
Cash a/c
dr
RM
7,000
To Sales a/c
RM
7,000
11
Abu Publisher
dr
RM
3,000
To Cash a/c
RM
3,000
|Drawings a/c
To Cash a/c
12
dr
RM
500
RM
500
Jaya Trading dr
To Bank a/c
13
RM
5,000
RM
5,000
14
Sales Return a/c dr
RM
1,500
To Raya Book Shop
Advertisement a/c dr
To Cash a/c
Bank a/c
RM
1,500
15
RM
100
RM
100
16
dr
RM
3,800
Discount Allowed a/c dr
RM
200
To Raya Book Shop
Wages a/c
To Cash a/c
Office Equipment a/c dr
To Capital a/c
Purchases a/c
To Jennifer Enterprise
Cash a/c
RM
4,000
18
dr
RM
2,400
RM
2,400
19
RM
400
RM
400
20
dr
RM
9,000
RM
9,000
21
dr
RM
10,000
To Capital a/c
Alicia Trading dr
To Sales a/c
RM
10,000
22
RM
2,500
RM
2,500
Loss in Transit a/c
To Alicia Trading
24
dr
RM
50
RM
50
26
Cash a/c
dr
RM
2,450
To Alicia Trading
RM
2,450
Jennifer Enterprise dr
To Bank
28
RM
9,000
RM
8,100
To Discount Received a/c
RM
900
29
Bank a/c dr
RM
2,000
To Cash a/c
RM
2,000
Bank a/c dr
To Rent a/c
30
RM
500
RM
500
31
Cash a/c dr
RM
300
To Commission a/c
RM
300
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