Started the business with cash RM1,000 and bank account of RM19,000 as capital. 3 Bought computer RM3,600 from Syarikat Cerah Sdn. Bhd. on credit term. 7 Purchased goods RM6,000 from Daya & Co on credit term. 9 Received cheque RM2,600 from sales on cash term. 12 Issued a cheque RM3,000 for purchases of goods on cash term
Fatimah extracted the following transaction for the month of May:
|
1 |
Started the business with cash RM1,000 and bank account of RM19,000 as capital. |
|
3 |
Bought computer RM3,600 from Syarikat Cerah Sdn. Bhd. on credit term. |
|
7 |
Purchased goods RM6,000 from Daya & Co on credit term. |
|
9 |
Received cheque RM2,600 from sales on cash term. |
|
12 |
Issued a cheque RM3,000 for purchases of goods on cash term. |
|
16 |
Issued a cheque RM5,700 to Daya & Co., as settlement of purchases above, after deducting a discount received of RM300. |
|
17 |
Sales of goods RM4,000 to Era Enterprise on credit term. |
|
21 |
Fatimah withdrew cash RM200 for family use. |
|
24 |
Issued a cheque RM2,000 to Syarikat Cerah Sdn. Bhd. as partial settlement of amount owing. |
|
27 |
Received cheque RM3,800 from Era Enterprise, as settlement of sales above, after deducting discount allowed of RM200. |
|
28 |
Miscellaneous expense RM280 paid by cash. |
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