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Jerryson company has started a business in selling stationery. The followings are the transactions that took place during the month of December 2021. + Date
Jerryson company has started a business in selling stationery. The followings are the transactions that took place during the month of December 2021. + Date Transactions 3 Dec 5 Dec Invested cash into the business RM 150,000 Purchase raw material on credit term from Afiq Sdn Bhd (5% discount if paid full within 30 days) 50,000 www wwwww 7 Dec Purchase raw material on credit term from Danish 70,000 trading (5% discount if paid full within 30 days) wwwwwwww 9 Dec Cash sales to Samantha 15,000 11 Dec Credit sales to Wong (5% discount if paid full within 30 25,000 days) 13 Dec Wong returned defective goods 5,000 15 Dec Returned defective material to Danish trading 2,000 17 Dec Purchase furniture on cash 5,000 19 Dec Payment to DANISH TRADING 17,000 21 Dec Payment from Wong 19,000 23 Dec Loan received from bank 50,000 25 Dec 27 Dec Payment to Afiq Sdn Bhd Sundry expenses 9,500 10,000 1. Record and close the above transactions in appropriate ledger account for the period ended 31 December 2021 2. Prepare a trial balance as at 31 december 2021. wwwwwwwww
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