Question
Below are the transaction for Albert in the month of March2020Year 2015 RM March 1 Start Business with CapitalIn Cash 5,000 In Bank 18,000 March
Below are the transaction for Albert in the month of March2020Year 2015 RM
March 1 Start Business with CapitalIn Cash 5,000 In Bank 18,000
March 2 Bought goods on credit from Gordon 5,000
March 5 Pay Gordon by cheque4,500
March 10 Bought goods on credit from Lee 3,600
March 12 Transfer from bank to the cash till 1,000
March 14Sold goods to Soloman by credit 6,700
March 15 Albertreturn goods to Gordon 500
March 19 Cash sales 4,300
March 20 Paid cash to Lee 3,000
March 28 Paid rent by cheque 3,600
March 29 Purchase goods by cash 500
(a) Show the ledger accounts(using TWO columnar style account) from the above information (30 marks)
(b) Extract a trial balance as at 31 March 2020 (10 marks)
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