Gogba, is a former professional football player in the Asian region. After retirement, he ran the Gogba Sports Merchandising business located at Kuala Lumpur City Mall. His company uses a perpetual inventory system to record all inventory-related transactions. All inventory purchased from suppliers is based on FOB shipping point. In addition to running on-premises business, the company also sells items online such as Laroza and Ladaza. Previous records show that purchased items are delivered on the same day the order is made and the customer receives it the next day. Therefore, the company records the sales revenue on the day the delivery is made. The followings are the transactions that took place during April 2021: Apr 4 Purchased inventory from Thai Sport Direct RM101,680, credit terms 10/10, n/30. 6 Paid transportation and insurance costs for purchases from Thai Sport Direct on April 4 amounting to RM500 and RM 100 respectively. 8 Sold various items to customers online amounting to RM12,300. The cost of goods sold was RM3,400 while the delivery cost of RM300 was paid by Ladaza. 10 Returned the damaged inventory to Thai Sport Direct and received a credit note amounting to RM1,000. 11 Purchase inventory from AA Sports suppliers in cash of RM8,000 including shipping costs. 13 Paid the amount owed to Thai Sport Direct. 14 Returned the wrong size item to AA Sports to be exchanged for the correct size items. The cost of the goods was RM1,500 and the exchange was successfully made on the same day. 15 Sold goods to customers through Laroza for RM15,000 cash. The cost of goods sold was RM5,000. However, a total of RM500 from the sale was canceled by the customer and a cash refund to the customer was made immediately. The cost of returned items was RM100