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Aaron is the owner of Aaron Sdn. Bhd. The following transactions were extracted from its financial records. Transactions Date June 2019 5 6 7 9
Aaron is the owner of Aaron Sdn. Bhd. The following transactions were extracted from its financial records. Transactions Date June 2019 5 6 7 9 12 15 20 22 Aaron injected RM125,000 cash into his business. Aaron deposited RM23,000 into business bank account. Aaron bought inventories worth RM4,000 on credit from Aiden. Aaron sold inventories for RM6,000 cash. Aaron bought a motor car for RM40,000 and paid by cheque. Aaron paid insurance premium of RM400 by cheque. Aaron paid insurance premium of RM400 by cheque. Aaron received dividend income of RM1,000 which was directly credited to his business bank account. Required: i. List the FIVE (5) types of specialised journal (Book of Prime Entry). (5 Marks) ii. Prepare the specialised journal (Book of Prime Entry) for the transactions. (10 Marks)
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