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PLEASE ANSWER THIS QUESTION ASAP!! I'm really stuck please solve it asap. Many thanks:)) In 11 June, the price RM48 is for Fields Below are
PLEASE ANSWER THIS QUESTION ASAP!! I'm really stuck please solve it asap. Many thanks:))
In 11 June, the price RM48 is for Fields
Below are the transactions of Cheras Sdn. Bhd. for the month of June 2021. 1 Started business with RM15,000 in bank. 3 Bought goods on credit from: Small RM290, Brown RM1,200, Ray RM610 and Charles RM530. 5 Cash sales RM610. 6 Paid rent by cheque RM175. 7 Paid business rates by cheques RM130. 11 Sold goods on credit to: Potts RM85, RM48 and Gray RM1,640. 17 Paid wages by cash RM290. 18 Goods returned to: Small RM18 and Charles RM27. 19 Bought goods on credit from: Charles RM110, Ray RM20 and Jack RM165. 20 Good returned by: Field RM6 and Potts RM14. 21 Bought van on credit from Turnkey Motors RM4,950. 23 Paid the following by cheque: Small RM272, Brown RM1,200 and Ray RM500. 25 Bought another van, paying by cheque immediately RM6,200. 26 Received loan RM750 by cash. 28 Cheques received from: Potts RM71 and Fields RM42. 30 Proprietor bring in a further RM9,000 into the business through the bank account Required: (a) Prepare the followings: (1) Sales and Purchase Journals (Day Books) (ii) Sales and Purchase Return Journals (Day Books) (111) Two Column Cash Book (3.3 marks) (1.3 marks) (4.3 marks) (b) Record the transactions into the ledgers and balanced off the accounts. (16.1 marks) [Total: 25 Marks
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