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7 0 3 . Zalina is the owner of a sole proprietorship, Zalina Enterprise. The following is th accounting record as of 1 August 2
Zalina is the owner of a sole proprietorship, Zalina Enterprise. The following is th accounting record as of August :
The following transactions took place during August :
Aug. Purchased a delivery van for RM on credit from Wang Auto Bhd
Purchased goods on credit from Shimi and Arina, RM and RM; respectively
Made cash sales of RM to Hazim
Paid RMO cash to Hazim for goods returned
Sent debit notes to Arina RM and Nana RM for goods returned
Sold goods on credit to Ali and Baba, worth RM and RM respectively, after allowing of trade discount
Sent credit note to Ali for RM for goods returned
Paid RM cash for transport charges to transport goods to Ali r Baba
Zalina took RM cash from the business to repair the busine delivery van
Received a cheque from Baba as full settlement of his account allowing him a cash discount of
Cash purchases of RM from Leela Trading
Zalina took goods RM from the business for her personal use
Received a cheque for RM being rental received from the tenall
Paid RM cash to Rosli
Paid shop assistant's salary of RM in cash
Record the above transactions in the appropriate accounts.
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