Record the above transactions in the special journals.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:c)
13
16
18
21
23
March
1
25
3
6
Indah Trading involved in supply office equipment. During March 2023 the company
had the following credit transactions:
Transactions
10
w Transcribed Text
September EUES Final CAB
Bought goods on credit from Elya Sdn Bhd which had a retail price of RM2,000
and trade discount of 10 per cent.
Purchased goods with a retail price of RM500 from Faizal Sdn Bhd.
Sold goods on credit to Hargendaz Sdn Bhd for RM1,000 less 20 per cent trade
discount.
Received a credit note from Elya Sdn Bhd in respect of goods returned that had a
retail price of RM 450.
6
O
Sold goods to Teena Sdn Bhd on credit. These had a retail value of RM 1,500.
Sent Hargendaz Sdn Bhd a credit notes in respect of goods returned that were
invoiced at a retail price of RM200 less 10 per cent trade discount.
Purchased goods on credit from Axia Sdn Bhd that had a retail value of RM700
Received a credit note from Faizal Sdn Bhd for goods returned that had a retail
price of RM300.
Sold goods on credit to Stone Sdn Bhd for RM1,800 less 10 per cent trade
discount.
Sent Teena Sdn Bhd a credit note relating to an overcharge of RM150 in the retail
value of those goods delivered on 13 August.
Required:
Record the above transactions in the special journals.
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