(b) Sunrise Ltd has used a number of source documents in its business activities. Those sourcedocuments are as follows;March 2 Issued an invoice (invoice number E324) to Amir with amount RM10,000.6 Received an invoice (invoice number N263) from Mimi with amountRM7,250.18 Received a credit note (credit note number M08) from Mimi due to returnsof inventory with amount RM500.24 Issued a cash bill (cash bill number CB38) to Ravin with amount RM796.28 Issued a credit note to Amir (credit note number CN95) due to returns ofinventory with amount RM316.Locate the above business activities into suitable books of prime entry.

solution concept prime book is used to record the various business transaction There are number of…

Answered: Locate the above business activities…

Business

Accounting

Locate the above business activities into suitable books of prime entry.

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

(b) Sunrise Ltd has used a number of source documents in its business activities. Those source
documents are as follows;
March 2 Issued an invoice (invoice number E324) to Amir with amount RM10,000.
6 Received an invoice (invoice number N263) from Mimi with amount
RM7,250.
18 Received a credit note (credit note number M08) from Mimi due to returns
of inventory with amount RM500.
24 Issued a cash bill (cash bill number CB38) to Ravin with amount RM796.
28 Issued a credit note to Amir (credit note number CN95) due to returns of
inventory with amount RM316.
Locate the above business activities into suitable books of prime entry.

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