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Matrix Sdn Bhd (MSB) decided to buy an office building where the market value is RM300,000. MSB managed to get a RM5,000 discount of the
Matrix Sdn Bhd (MSB) decided to buy an office building where the market value is RM300,000. MSB managed to get a RM5,000 discount of the market value from the owner. MSB pay the owner cash. Record the entries in MSBs General Journal.
General Journal
| Account Titles and Explanation | Ref. | Debit | Credit |
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