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AM Enterprise, a merchandising business, has been in operation for a few years. The business used the perpetual inventory system in its transaction recording. Below

AM Enterprise, a merchandising business, has been in operation for a few years. The business used the perpetual inventory system in its transaction recording. Below is the business's Trial Balance as at 31 December 2019:

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AM Enterprise Trial Balance as at 31 December 2019 Debit Credit RM RM Cash 17,500 Account Receivable 6.200 Merchandise Inventory 8.000 Office Equipment 24.000 Accumulated Depreciation - Office Equipment 7.200 Account Payable 6.500 Capital 42,000 55.700 55.700

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