Required: [Dikehendaki:] i) Prepare the general journal. [Sediakan jurnal am.] ii) Post all the transactions into the ledger accounts. [Masukkan semua transaksi ke akaun-akaun lejar.] iii) Prepare the Trial Balance as at 31 July 2021. [Sediakan Imbangan Duga pada 31 Julai 2021.]

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Required:
[Dikehendaki:]
i) Prepare the general journal.
[Sediakan jurnal am.]
ii) Post all the transactions into the ledger accounts.
[Masukkan semua transaksi ke akaun-akaun lejar.]
iii) Prepare the Trial Balance as at 31 July 2021.
[Sediakan Imbangan Duga pada 31 Julai 2021.]
iv) Prepare Statement of Profit or Loss and Other Comprehensive Income for the year ended
31 July 2021.
[Sediakan Penyata Untung atau Rugi dan Pendapatan Komprehensif Lain bagi tahun berakhir
31 Julai 2021.
v) Prepare the Statement of Financial Position as at 31 July 2021.
[Sediakan Penyata Kedudukan Kewangan pada 31 Julai 2021.]
Transcribed Image Text:Required: [Dikehendaki:] i) Prepare the general journal. [Sediakan jurnal am.] ii) Post all the transactions into the ledger accounts. [Masukkan semua transaksi ke akaun-akaun lejar.] iii) Prepare the Trial Balance as at 31 July 2021. [Sediakan Imbangan Duga pada 31 Julai 2021.] iv) Prepare Statement of Profit or Loss and Other Comprehensive Income for the year ended 31 July 2021. [Sediakan Penyata Untung atau Rugi dan Pendapatan Komprehensif Lain bagi tahun berakhir 31 Julai 2021. v) Prepare the Statement of Financial Position as at 31 July 2021. [Sediakan Penyata Kedudukan Kewangan pada 31 Julai 2021.]
The following information was obtained from the books of Sofi Launderette Enterprise,
which offer a laundry service for July 2021.
[Maklumat berikut diambil daripada buku-buku Sofi Launderette Enterprise, yang menawarkan
perkhidmatan cuci pekaian untuk Julai 2021.]
2021
July 1 Sofi, the owner, invested RM20,000 cash in into the business.
2 Paid RM1,000 cash for rental.
3 Purchased washing machines and dryers amounting to RM25,000 paying
RM10,000 in cash and the remaining balance by obtaining a loan from the
bank.
10 Paid RM1,200 for a one-year accident insurance policy for his business.
20 Received a bill of RM200 from The Sunshine Times for advertising the
opening of his launderette.
25 Withdrew RM700 cash to celebrate the successful opening of the business with
his family.
30 Received the cash receipts of RM6,200 for laundry fees from the customers.
Transcribed Image Text:The following information was obtained from the books of Sofi Launderette Enterprise, which offer a laundry service for July 2021. [Maklumat berikut diambil daripada buku-buku Sofi Launderette Enterprise, yang menawarkan perkhidmatan cuci pekaian untuk Julai 2021.] 2021 July 1 Sofi, the owner, invested RM20,000 cash in into the business. 2 Paid RM1,000 cash for rental. 3 Purchased washing machines and dryers amounting to RM25,000 paying RM10,000 in cash and the remaining balance by obtaining a loan from the bank. 10 Paid RM1,200 for a one-year accident insurance policy for his business. 20 Received a bill of RM200 from The Sunshine Times for advertising the opening of his launderette. 25 Withdrew RM700 cash to celebrate the successful opening of the business with his family. 30 Received the cash receipts of RM6,200 for laundry fees from the customers.
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