Manan cafe commenced his business on 1 October 2015 as cafe proprietor. All credit purchases period of 30 days and cash discounts of 5%. Whereas all credit sales are based on 30 days and cash discount of 2%

The following are the transactions for the month of February 2021: Replace Feb 1 Bought food from Sani Bhd. RM2,480 at list price. Less 10% trade discount. (Invoice No. 3415) 3 Paid carriage inwards RM250 in cash. 4 Purchased of colour printers from Speed Computer by cheque RM4,500. (Invoice No. 231) 5 Manan made an additional investment RM6,000 cash. 6 Bank cash sales RM5,630. 6 credit sales to John Woo RM1,600 at list price. Less trade discount 5%. (Invoice No. 441). 7 Cash Sales RM600. 8 Paid the following in cash: Stationery RM500 Wages RM250 8 Credit sales to James RM800, no trade discount given (Invoice No. 442) 9 Bought fruits from Fresh Fruiters RM1,900 at list price. Less trade discount 8% (Invoice No. 322). 10. Credit sales to Manian Trading RM950 less trade discount 5% (Invoice No. 443). 11. Paid insurance RM3,300 by cheque. 12 Purchased furniture from Weng Fatt Enterprise RM2,800 (Invoice No. 5678). 12 Transferred RM800 from bank to business cash till. 12 Returned spoil fruits RM250 to Fresh Fruiters (Credit Note No. 12). 13 Paid by cheque for fruit and vegetables RM690. 13 Received cash RM500 from G Bhd for returned damaged office equipment. 13 Received return of damaged goods from Manian Trading RM100. (Credit Note No. 28) 14 Banked cash sales RM1,680. 15 Withdrawal of goods RM500 by Manan for family usage. 15 Bought additional office equipment from Mart Bhd RM1,200 on credit. 16. Credit sales to Frank RM650, no trade discount given (Invoice No. 444). Withdrawal of cash from bank RM1,000 for business cash till. 18 Paid Sani Bhd for purchases made on 1 Feb by cheque. 17. 120% 2 de: 2.5cm Row: 1 Column: 1 Words: 752 M Spell Check 29C I sell Page Layout References Review View Section Tools Q Click to find commands Calibri (Body) - 11 -A A Aa A 9 BIU-AX2 X2 A 2-A - A AaBbCcDd Aa Bb AaBbci AaBbc A Ormat ainter Normal Heading 1 Heading 2 Heading 3 Word Typesetting Find and Select Settings Student Tools Replace 20 21 21 22 Received a cheque payment from John Woo for sales made on Feb 6. Cash purchase RM850. Received a cheque payment from Manian Trading for sales made on Feb 10. Credit sales to Frank RM800 less trade discount 10% (Invoice No 445). 25 26 28 Paid salary RM2,000 by cheque. Paid carriage RM500 in cash for carry goods to debtors. Cash withdrawal RM2,000 by Manan. ***Assume the closing stock at the end of February amounted to RM7,550 Required: For the above transactions construct the following: i. Books of original entry and the posting to respective ledgers; (65 marks) ii. Trial balance; (5 marks) 0: IC .. BD 120% - iii. Trading and Profit and Loss Account; and Insert Page Layout References Review View Section Tools Q Click to find commands A A Aa EEEEEAA 9m BA ) ===== =a-- AaBbCcDd Aa Bb AaBb C AaBbc EA Normal Heading 1 Heading 2 Heading 3 ol Word Typesetting Find and Select Replace Required: For the above transactions construct the following: i. Books of original entry and the posting to respective ledgers; (65 marks) ii. Trial balance; (5 marks) iii. Trading and Profit and Loss Account; and (5 marks) iv. Balance sheet. (5 marks) The following are the transactions for the month of February 2021: Replace Feb 1 Bought food from Sani Bhd. RM2,480 at list price. Less 10% trade discount. (Invoice No. 3415) 3 Paid carriage inwards RM250 in cash. 4 Purchased of colour printers from Speed Computer by cheque RM4,500. (Invoice No. 231) 5 Manan made an additional investment RM6,000 cash. 6 Bank cash sales RM5,630. 6 credit sales to John Woo RM1,600 at list price. Less trade discount 5%. (Invoice No. 441). 7 Cash Sales RM600. 8 Paid the following in cash: Stationery RM500 Wages RM250 8 Credit sales to James RM800, no trade discount given (Invoice No. 442) 9 Bought fruits from Fresh Fruiters RM1,900 at list price. Less trade discount 8% (Invoice No. 322). 10. Credit sales to Manian Trading RM950 less trade discount 5% (Invoice No. 443). 11. Paid insurance RM3,300 by cheque. 12 Purchased furniture from Weng Fatt Enterprise RM2,800 (Invoice No. 5678). 12 Transferred RM800 from bank to business cash till. 12 Returned spoil fruits RM250 to Fresh Fruiters (Credit Note No. 12). 13 Paid by cheque for fruit and vegetables RM690. 13 Received cash RM500 from G Bhd for returned damaged office equipment. 13 Received return of damaged goods from Manian Trading RM100. (Credit Note No. 28) 14 Banked cash sales RM1,680. 15 Withdrawal of goods RM500 by Manan for family usage. 15 Bought additional office equipment from Mart Bhd RM1,200 on credit. 16. Credit sales to Frank RM650, no trade discount given (Invoice No. 444). Withdrawal of cash from bank RM1,000 for business cash till. 18 Paid Sani Bhd for purchases made on 1 Feb by cheque. 17. 120% 2 de: 2.5cm Row: 1 Column: 1 Words: 752 M Spell Check 29C I sell Page Layout References Review View Section Tools Q Click to find commands Calibri (Body) - 11 -A A Aa A 9 BIU-AX2 X2 A 2-A - A AaBbCcDd Aa Bb AaBbci AaBbc A Ormat ainter Normal Heading 1 Heading 2 Heading 3 Word Typesetting Find and Select Settings Student Tools Replace 20 21 21 22 Received a cheque payment from John Woo for sales made on Feb 6. Cash purchase RM850. Received a cheque payment from Manian Trading for sales made on Feb 10. Credit sales to Frank RM800 less trade discount 10% (Invoice No 445). 25 26 28 Paid salary RM2,000 by cheque. Paid carriage RM500 in cash for carry goods to debtors. Cash withdrawal RM2,000 by Manan. ***Assume the closing stock at the end of February amounted to RM7,550 Required: For the above transactions construct the following: i. Books of original entry and the posting to respective ledgers; (65 marks) ii. Trial balance; (5 marks) 0: IC .. BD 120% - iii. Trading and Profit and Loss Account; and Insert Page Layout References Review View Section Tools Q Click to find commands A A Aa EEEEEAA 9m BA ) ===== =a-- AaBbCcDd Aa Bb AaBb C AaBbc EA Normal Heading 1 Heading 2 Heading 3 ol Word Typesetting Find and Select Replace Required: For the above transactions construct the following: i. Books of original entry and the posting to respective ledgers; (65 marks) ii. Trial balance; (5 marks) iii. Trading and Profit and Loss Account; and (5 marks) iv. Balance sheet