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Asha Dell opened a business on 1 January 2006. She brought in cash RM120,000 and Cooking Equipment valued at RM85,000 into the business. The following
Asha Dell opened a business on 1 January 2006. She brought in cash RM120,000 and Cooking Equipment valued at RM85,000 into the business. The following transactions occurred during the month of January 2006 Jan 3 Deposited RM55,000 of the cash into the bank account. 5 Bought Motorcycle worth RM9,000 on credit from Bobo Motors. Purchased goods on credit from Pasar Segar worth RM14,000 B Sold goods by cash to Farah Catering worth RM16,500 10 12 16 18 21 Bought Cutlery Equipment worth RM3,200 by cash. Bought goods on credit from Pasar Segar worth RM7700 Paid electricity bill by cheque amounting to RM900. Received interest by cash worth RM3.800. Sold goods on credit to Shaz Enterprise worth RM9,400. Settled all amount due to Pasar Segar by cheque payment Sold goods on credit to Azif worth RM 12,300 Received cheque from Shaz Enterprise in settlement of all amount due, Paid cheque worth RM9,000 to Bobo Motors. Pald salaries by cash worth RM17,000 25 28 30 31 Required: Record the above transactions in: a) The Ledger accounts; and akad un 2008
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