20:59 ill 4G To edit and save, sign in with a subscription. Sign in BAAB1014- Business Accounting Assignment 1-Preparation of Full Set of Accounts (10%) Instructions 11. Awers to the assignment need to be emailed to lecturer by the due date to be diced in class). Late submission will be penalized at 1% per day. 2). Reports are to be sent in EXCEL WORD format. Please make sure the reports are f nicely so that lecturer can print easily 3). Please write name and matric numbers of every member in the group clearly on the fine page of the report On 1 January 2021. Agil and Lim started their own printing shop by investing RM10,000 ch They decided to call their printing shop as All Time Print Sdn Bhd (ATPSB). Their shop is specializing in printing office documents and corporate souvenirs. They deposited their vestment in a bank accounts with Maybank Berhad. During the month of January, below were the transactions that took place Date of transactions January 2021. (1) Purchased 2 computers for office used on account value at RM3,000 each (2) (3) 9 (4) (5) (6) (7) Paid rent of RM3,000 to Agil's father for renting the business premises. The restal for the month was RM1,000, whereas the balance is the deposit for two month Bought RM7,000 materials via choque. The materials will be used for printing the office documents Bought materials from Chong Printing Bhd on credit worth RM12.000 Sold corporate souvenirs to Kenanga Sdn Bhd value at RM15,000 Received RM5,000 via cheque from a walk-in customer that required ATPSB20 quantities of tender documents Withdrew RM3,000 from the company's bank accounts to set up petty cash finds in the office (8) Kenanga Sdn Bhd returned RM1,000 worth of souvenir due to poor workmanship (9) Paid salary via cheque to an accounts clerk for RM2.500 (10) Paid utility bills for RM500 using the petty cash funds (H) Returned some materials to Chong Printing Bhd due to incorrect specifications, RM2,000. (12) Kenanga Sdn Bhd paid RM5,000 for part settlement of their accounts (13) Received telephone bills from Telekom Malaysia Berhad (TMB) The hill stated RM500 and RM1,000 as a deposit and telephone bills respectively (14) Obtain bank loan for RM50,000 ATPSB deposited the cash in their bank accounts (15) Lim withdrew RM1,000 cash from the company bank accounts for his personal used (16) Purchased printing machinery from Ahmad Printers Bbd for RM5,000 (17) Bought 500 shares of Company Y as an investment from Bursa Malaysia value at As the Company accountant you are required to: 1) Recond the above transact