Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

JBurnals Exercises Question 1 2012: Jan 1 cash in hand RM4,000 Motor vehicle RM11,000: Inventory RM7.000 Liabilities : overdraft bank RM2,000 2 Paid stationery by

image text in transcribed

JBurnals Exercises Question 1 2012: Jan 1 cash in hand RM4,000 Motor vehicle RM11,000: Inventory RM7.000 Liabilities : overdraft bank RM2,000 2 Paid stationery by cash RM600 RM3,500 3 Goods sold on credit to Anas RM3,000 and Amar 4 Goods bought on credit from Borhan RM3,000 and B 5 Good return by Anas RM100 and Amar RM200 to the busin 6 Electricity bill paid by cash RM200 7 Bought fixtures and fitting for RM10,000 on credit from 10 Goods return to Bakar RM200. 15 Cash drawing by the owner RM310 17 Bought goods on credit from Asmahani RM2.000 18 Paid insurance by cheque RM400 akar RM3,50 Paid rent by cheque RM6,000 Sold goods on credit: Ani RM 4,500: Azlani RM3,500; Abu RM1.500 Bought goods RM700 on credit from Ah Seng Return goods to Ah Seng RM200 Goods return by Ani RM100 and Azlani RM200. 20 22 23 24 25 Required: Record all the above transactions in the related journal. JBurnals Exercises Question 1 2012: Jan 1 cash in hand RM4,000 Motor vehicle RM11,000: Inventory RM7.000 Liabilities : overdraft bank RM2,000 2 Paid stationery by cash RM600 RM3,500 3 Goods sold on credit to Anas RM3,000 and Amar 4 Goods bought on credit from Borhan RM3,000 and B 5 Good return by Anas RM100 and Amar RM200 to the busin 6 Electricity bill paid by cash RM200 7 Bought fixtures and fitting for RM10,000 on credit from 10 Goods return to Bakar RM200. 15 Cash drawing by the owner RM310 17 Bought goods on credit from Asmahani RM2.000 18 Paid insurance by cheque RM400 akar RM3,50 Paid rent by cheque RM6,000 Sold goods on credit: Ani RM 4,500: Azlani RM3,500; Abu RM1.500 Bought goods RM700 on credit from Ah Seng Return goods to Ah Seng RM200 Goods return by Ani RM100 and Azlani RM200. 20 22 23 24 25 Required: Record all the above transactions in the related journal

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Joe Ben Hoyle, C.J. Skender, Joe Hoyle

1st Edition

0982361831, 978-0982361832

More Books

Students also viewed these Accounting questions

Question

3. Where is the job to be accomplished?

Answered: 1 week ago