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al products. Given COMPREHENSIVE QUESTIONS 1. Sunshine Enterprise owned by Mr Mokhtar sells various types of electrical pre below are the transactions of the business
al products. Given COMPREHENSIVE QUESTIONS 1. Sunshine Enterprise owned by Mr Mokhtar sells various types of electrical pre below are the transactions of the business for the month of July 20x8. July Transactions 1 Started business with RM40,000 cash. 4. Bought goods RM12,000 on credit from Omar Trading. 7 Sold goods RM3,000 for cash. 8 Returned goods RM500 to Omar Trading. 9 Received cheque RM20,000 being loan from bank. 18 Paid rent amounting RM1,500 by cheque. 24 Bought motor van priced at RM25,000 on credit from Tan Lee Motor. You are required to: a. Identify the double entry for the transactions above. b. Prepare ledger entries for the above transactions in the form balancing off the ledger. C. Prepare a Trial Balance as at 31 July 20X8. of T-account and
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