Financial status Key in the business transaction using MYOB software for January as in the Appendix A. Create your own business transactions for February 2021 including the business strategy in the transaction.

Appendix A

The month of January from the following information relating to food and beverages business:

2021 January	Transactions
1	Started in business with RM40,000 in the bank and RM10,000 cash on hand
2	Brought in exercise equipment into the business amounting RM20,000
2	Purchased clothing fitness on credit from Indah Enterprise RM5,500.
3	Purchased beverages on credit from the following supplier: Suffiee Enterprise RM2,900; Maxx Enterprise RM610
5	During the fitness opening day, received cash sales for membership on RM3,100 and cash sales on fitness clothing RM2,000.
8	Bought supply purchases for cash RM12,450.
9	Provide fitness coaching on credit to: Womentum Enterprise RM8,760 S.O.S Team Building Enterprise RM12,500 Sekolah Sukan Bukit Jalil RM64,000
10	Received invoices from: Suffiee Enterprise RM4,100 Maxx Enterrpise RM3,560
13	Provide warm up and zumba session on credit RM51,000 to Nestle Bhd for Nestle Charity Run event.
13	Fun & Fun Gym rent from us exercise equipment for RM2,000 and will pay on the following day.
15	Bought exercise equipment paid by cheque RM5,000 and the balance on credit from MasterSun Bhd RM7,400
17	Issue a cheque to settle all the debts of Suffiee Enterprise.
18	Received a credit note RM83 for goods returned to Maxx Enterprise for purchased on 10/1.
21	Paid MasterSun Bhd for the remaining balance by cheque.
24	Sekolah Sukan Bukit Jalil paid us by cheque for services dated January 9.
27	We returned goods to Indah Enterprise RM180.
30	Received cash RM10,000 from TEKUN as short-term loan.
30	Collected membership fess amounted RM4,100 and deposit to bank account.
31	Paid electricity expenses RM4,000 and water expenses RM3,000 by cash.
31	Bought a furniture paying by cheque RM6,250

****Table is needed separate which is credit sales, credit purchase,cash in/out, purchase/sales return****

Additional information as at 31^st January 2021: (Example : DR What CR What)

1. Wages for January, RM16,300 have not yet paid.

2. Rental expenses paid RM3,000 in January included for the month of February

3. Increase the provision for doubtful debts to RM1,200