ExamQuestion Supp1920_BAC1031 (Protected View) - Word References Mailings Review View Help Search ternet can contain viruses. Unless you need to edit it's safer to stay in Protected Vicw. Enable Editing QUESTION 2 Part A The adjusted trial balance of Serudum Sdn Bhd at the end of its fiscal year: Serudum Sdn Bhd Adjusted Trial Balance 30 June 2018 Debit (RM) Credit (RM) Cash 14.820 Accounts Receivable 8,780 Equipment 15.900 Accumulated Depreciation - Equipment 5,400 Accounts Payable 4,200 Uneamed Rent Revenue 1.800 Ordinary Share Capital 45,200 Dividends 16.000 Commission Revenue 67,000 Rent Revenue 6,500 Depreciation Expense - Equipment 4.000 Salaries Expense 55,700 Utilities Expense 14.900 Total 130,100 130,100 Required: Prepare closing entries using general journal form. (10 marks) Part B Santubong Berhad is a merchandise company that buy and sells hiking backpacks. During the month of November 2018, the following merchandise transactions occurred. O ExamQuestion Supp1920) BAC1031 (Protected View) - Word Terences Mailings Review View Help Search ct can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing Continued... INTER 3/6 BACHG4 PRINCIPLES OF FINANCIAL ACCOUNTING LUNEW Nov 2 Purchased from Gading Berhad 800 units of biking backpacks worth RM40 each on account. The terms were 10/10, 1/30 FOB shipping point. The appropriate party made cash payment of RM110 for freight charges on this date. 4 Returned 80 units of hiking backpacks to Gading Berhad due to some 6 Sold to Bilah Sdn Bhd 450 units of hiking backpacks worth RM60 each on account. The terms were 5/15, 1/30 FOB shipping point. The appropriate party made cash payment of RM110 for freight charges. 10 Paid Gading Bertuad. defect. Required: Prepare the journal entries to record the transactions using a perpetual inventory system. Show all your workings. (15 marks) [TOTAL 25 MARKSI WE