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Please help me in both the questions ASAP!! Thank you:) 2. Prepare the journal entries: March 1 Commenced business with RM750 cash and RM9,000 in
Please help me in both the questions ASAP!! Thank you:)
2. Prepare the journal entries: March 1 Commenced business with RM750 cash and RM9,000 in the bank. March 2 Received a loan of RM2000 from Dala by cheque. March 3 Bought a computer for cash RM600. March 5 Bought equipment on credit from Chin Enterprise RM420. March 8 Took RM200 out of the bank and put it in the cash till. March 15 Repaid part of Dala's loan by cheque RM500. March 17 Paid amount owing to Chin Enterprise RM420 by cheque. March 24 Repaid part of Dalas loan by cash RM250. March 31 Bought a printer on credit from Lim for RM200. 3. Prepare the journal entries: May 1 Commenced business with RM18,000 in the bank. May 2 Bought goods on credit from Ben RM1,455. May 3 Bought goods on credit from Ginny RM472. May 5 Sold goods for cash RM210. May 6 Returned goods to Ben RM82. May 8 Bought goods on credit from Ginny RM370. May 10 Sold goods on credit to Pan RM483. May 12 Sold goods for cash RM305. May 18 Took RM250 of the cash and paid it into the bank. May 21 Bought a printer by cheque RM620. May 22 Sold goods on credit to Hisham RM394. May 23 Pan returned goods worth RM160. May 25 Hisham returned goods RM18. May 28 Returned goods to Ginny RM47 May 29 Paid Ben by cheque RM1373. May 31 Bought machinery on credit from Ahmad RM419
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