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BBCA1033 ASSIGNMENT 1 The following is the information extracted from the accounting book of Juwita Shop as at 31 January 2022. Building Particulars Motor Vehicles
BBCA1033 ASSIGNMENT 1 The following is the information extracted from the accounting book of Juwita Shop as at 31 January 2022. Building Particulars Motor Vehicles Furniture Cash Bank RM 50,000 50,000 20,000 10,000 90,000 Account receivable - Rahimi 20,000 Account Payable - Li Ann 30,000 Date Particulars 2022 Feb 1 Credit Sale of RM2,000 to Iman 7 Paid water bill of RM300 by cash Purchased goods on credit to Mr lim worth RM20,000 trade discount 10%. Sold used furniture worth RM200 for cash. The sales amount is deposited into bank. Cash sale of RM8,000 9 10. 12 17 Iman returned goods worth RM200 19 22 Sent sale invoice of Rm15,000 to Reza Returned defective goods worth RM700 to account payable - Li Ann 25 Rahimi paid half of his debt by cheque 29 Paid off debts to Li Ann RM15,000, Mr. Lim RM5,000 and employee' salaries of RM2,000 by cheque You are required to: a. Record the transaction into journal entry. b. Post entries to ledgers. c. Prepare the trial balance as at 28 February 2022
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