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May 2020 1 Nadrah started business with cash in hand which amounted to RM50,000 The owner transferred RM40,000 cash in hand into bank account
May 2020 1 Nadrah started business with cash in hand which amounted to RM50,000 The owner transferred RM40,000 cash in hand into bank account 2 3 6 11 The business purchased goods from SDELL Enterprise for RM15,000. The business purchased a computer RM1,500 by cheque for office use. Sold goods on credit to Syamsul RM9,800. 15 18 20 22 25 27 The business brought in personal motor vehicles for use in the business 15 amounting RM14,500. Nadrah sold goods by cash amounting RM5,230. Paid rental expenses amounting to RM1,400 by cash. Suzana took RM300 from the bank for personal use. Paid salaries to staff amounted to RM3,600. Received all payment from Syamsul, and banked in cash RM3,000. Required: a) Record the above transactions into the general journal. b) Post the transaction in (a) into appropriate ledger accounts and balance off all the accounts. c) Prepare a trial balance as at 31 May 2020.
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