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Marks Question 1 Romantika Sdn Bhd is a flower dealer, located in Seberang Jaya, Penang, The balances shown in his cash book at 1 December
Marks Question 1 Romantika Sdn Bhd is a flower dealer, located in Seberang Jaya, Penang, The balances shown in his cash book at 1 December 2020 were bank, RM3,900 (Cr) and cash, RM5,500 (Dr). The following receipts and payments occurred during December 2020: Date Particulars 2-Dec Bought daisies on credit from Daisy Sdn Bhd for RM2,500 at list price. An invoice was received with 5% of trade discount 3-Dec Bought orchids on cash from Rosy Cozy Florist with a retail price of RM500 and received 10% trade discount 4-Dec Cash purchase of RM700 paid by cheque to Romantika Supplier. 4-Dec Purchase lilies RM1,000 on credit from Akasia Sdn Bhd, Term of payment was 10%, 20 days. 6-Dec Cheque received for sale of roses of RM3,500 8-Dec A credit note was received from Daisy Sdn Bhd for the returned daisies worth RM300 at list price. 10-Dec Paid utility bills of RM250 by cash. 12-Dec Ms Cindy, the owner, withdrew RM300 cash for paying her car's traffic summon 14-Dec Paid Alice RM 2,500 by cheque for supplying shop fittings. 15-Dec Cash sales of RM800 17-Dec Received a cheque for RM700 from Florist Deco 19-Dec Payment received RM2,750 by cheques from credit customer Inara to settle her account of RM2,900 20-Dec Paid Akasia Sdn Bhd with full settlement by cheque. 22-Dec Sold flowers to Sweet Paradise for RM3,400 on credit. Term of payment was 15%, 5 days. 24-Dec Introduced additional capital in the form of a cheque for RM2,300. 26-Dec Cheque from Florist Deco returned by bank, marked "Refer to the drawer 28-Dec Transfer cash of RM200 from office to the bank
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