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Based on the documents provided by Jerry, the following trial balanced is prepared: Sunshine Computer Sales and Services Trial balance as at 30st November 2019

Based on the documents provided by Jerry, the following trial balanced is prepared:

Sunshine Computer Sales and Services

Trial balance as at 30st November 2019

Accounts

RM

RM

Capital

70,000

Motor vehicle

45,000

Office Equipment

15,000

Bank

10,500

Petty Cash

2,500

Sales

164,500

Returns Inwards

3,000

Purchases

95,000

Returns Outwards

5,000

Discount Allowed

5,500

Insurance

1,200

Petrol

2,500

Salaries

44,000

Stationeries supplies

2,800

Telephone

5,500

Upkeep of Motor Vehicle

3,500

Water & Electricity

3,500

TOTAL

239,500

239,500

Required:

  1. Using the same business information above, CREATE a minimum of 30 business transactions for the month of December which MUST INCLUDE ALL of the followings:
  1. Credit and cash sales
  2. Credit and cash purchases
  3. Return outwards and return inwards
  4. Expenses
  5. Revenue [other than sales in (a)]
  6. Additional capital brought in
  7. Drawings
  8. Making loan and payment of interest loan
  9. Payment made to creditors/Suppliers
  10. Received cash/cheques from customers/debtorsk.
  11. Purchase of additional assets (cash and credit)

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