Question
B. Siti Fatimah set up Good Choice Enterprise, which sells canned and frozen food on 1 July 2019. The followings are transactions occurred during
B. Siti Fatimah set up Good Choice Enterprise, which sells canned and frozen food on 1 July 2019. The followings are transactions occurred during the first month of business. 2019 Transaction July 2 Transferred RM20,000 cash into a bank account. 3 Bought goods worth RM4,500 on credit from Juragan Kaya Sdn Bhd. 5 Received RM50,000 loan from Maybank by cheque. 6 Sold goods on credit to Azura RM2,000. 8 Bought goods RM800 from Mazda Sdn Bhd by cheque. 9 Azura returned damaged goods worth RM150. 11 Bought equipment RM15,000 on credit from Antik Sangat Sdn Bhd. 15 Paid electricity bill and water bill by cash, RM150 and RM200 respectively. 16 18 19 23 24 25 Paid RM3,000 to Juragan Kaya Sdn Bhd by cheque. Azura settled his debt and paid by cheque. Siti Fatimah took goods worth RM500 for her daughter's birthday party. Paid rent for the shop RM1,200 by cheque. Bought goods worth RM10,000 from Uztaz Hamidi Sdn Bhd by cheque. Cash sales RM4,800 and the amount received were immediately banked in. Required: Journalize the above transactions into General Journal. CONFIDENTIAL/3 FBA/PAS1143/NOV19 (15 marks)
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