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Amri, a C&S consultant engineer, experienced the following events in the month of February 2023. Record the transactions and running balances according to Tabular Analysis
Amri, a C\&S consultant engineer, experienced the following events in the month of February 2023. Record the transactions and running balances according to Tabular Analysis format and form format. 1) Started his engineering practice with a cash investment of RM 100,000 and office equipment worth RM 20,000. 2) Purchased office supplies of RM2,000 by paying cash. 3) Bought office software for RM3,000 on credit from Software Company. 4) Paid RM10,000 salary to his staff. 5) Received an electric bill for RM500 (*account payable) 6) Earned professional fees of RM30,000, of which RM10,000 was received in cash and RM20,000 (*account receivable) was owed by the clients. 7) Paid RM1,000 to Software Company 8) Withdrew RM1,000 from the business for personal use
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