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EXAMPLE 2 : 1 5 t June, 2 0 1 7 , Saeed Ahmad started business other transactions for the month of June as follows:

EXAMPLE 2 :
15t June, 2017, Saeed Ahmad started business other transactions for the month of June as follows:
Purchased from Kareem goods of list price of RM6,000 subject to 10% trade discount by cash.
Sold goods to Din Muhammad RM800 and cash sales of RM200.
Distributed goods worth RM200 as free samples and goods taken away by the proprietor for
personal use RM100.
Received discount RM20 and Commission RM500.
Goods returned by Din Muhammad RM200 and payment other outstanding amount.
Furniture lost by fire of worth RM500.
Bad Debts during the period was RM100.
Prepare the T account for transaction above
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