sh RM20,000 as capital. 4 Acquired tables and chairs RM2,400 for office use on credit term. 8 Purchased goods RM4,000 by cas
Question 1
The following transactions are extracted from the book of Idris Trading for the month of April:
|
1 |
Started the business with cash RM20,000 as capital. |
|
4 |
Acquired tables and chairs RM2,400 for office use on credit term. |
|
8 |
Purchased goods RM4,000 by cash. |
|
11 |
Cash sales RM1,600. |
|
12 |
Purchased goods from Baba Enterprise RM7,000 on credit term. |
|
16 |
Credit sales of goods RM2,700. |
|
18 |
Bought a van RM20,000 for business use. Cash RM10,000 paid and the remaining to be settled within two months. |
|
23 |
A customer paid cash RM1,300 to settle his debts. |
|
28 |
Cash RM2,200 paid to supplier. |
|
29 |
Idris withdrew cash RM400 for personal usage. |
Required:
Prepare the
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