1. Matrix Sdn Bhd (MSB) decided to buy an office building where the market value is RM300,000. MSB managed to get a RM5,000 discount of the market value from the owner. MSB pay the owner cash. Record the entries in MSBs General Journal.

General Journal

Account Titles and Explanation	Ref.	Debit	Credit

2. Maria owns a company which sells computer. At the end of the month she managed to sell 10 computers totaling RM30,000, in which 90% of the total sales represent her expenses. She received cash for the sales. These transactions will _____________ Equities and ___________ the Company bank accounts.

3. David, the ABC Sdn Bhd accountant, accidentally records the Company sales as RM100,000 instead of RM10,000. The ____________ side of the Company trial balance would be unbalance by RM_______________.

4.

Adik Sdn Bhd

Trial Balance as at 31 December 2020

Descriptions	Debit RM	Credit RM
Bank Accounts	30,000
Computer Accounts		10,000
Capital Accounts		30,000
Creditors Accounts	10,000
	40,000	40,000

Spot the errors in Adik Sdn Bhd trial balance:

1). _____________account____________side by RM___________________

2. _____________account ____________side by RM__________________