Prepare the followings: 1. T-accounts 2. Income statement 3. Balance sheet Prepare the followings: 1. T-accounts 2. Income statement 3. Balance sheet Prepare the followings: 1. T-accounts 2. Income statement 3. Balance sheet The following transactions took place for the year 2017, for a company named Suruk Sdn Bhd, specializing in manufacturing slimming products: 1. The owners brought in RM 100,000 cash into the business. 2. The owners brought in RM 50,000 cash into the business' bank account. 3. Furniture amounted to RM 35,000 was brought into the business by the owners. 4. Credit sales amounted to RM 50,500 was recorded. 5. Credit purchases amounted to RM 15,000 was recorded. 6. Received dividend for the year amounted to RM 10,000 by cheque. 7. Paid utility bills amounted to RM 25,000 by cash. 8. Paid for rental amounted to RM 30,000 by cash. 9. One of the customers paid his account amounted to RM 5,000 by cash. 10. Purchased new machine from Ai Trading to produce the products on credit amounted to RM 19,500. 11. Suruk Sdn Bhd paid the supplier early. The amount paid was RM 10,000 by using cheque. 12. One of the customers returned defective slimming pills amounted to RM 1,250. 13. Bad debt expense for the year was RM 1,000. 14. Paid Ai Trading RM 5,000 by using cash. 15. The owner withdrew RM 8,888 from the bank's account. 1 11 16 Sold nart Prepare the followings: 1. T-accounts 2. Income statement 3. Balance sheet Prepare the followings: 1. T-accounts 2. Income statement 3. Balance sheet Prepare the followings: 1. T-accounts 2. Income statement 3. Balance sheet The following transactions took place for the year 2017, for a company named Suruk Sdn Bhd, specializing in manufacturing slimming products: 1. The owners brought in RM 100,000 cash into the business. 2. The owners brought in RM 50,000 cash into the business' bank account. 3. Furniture amounted to RM 35,000 was brought into the business by the owners. 4. Credit sales amounted to RM 50,500 was recorded. 5. Credit purchases amounted to RM 15,000 was recorded. 6. Received dividend for the year amounted to RM 10,000 by cheque. 7. Paid utility bills amounted to RM 25,000 by cash. 8. Paid for rental amounted to RM 30,000 by cash. 9. One of the customers paid his account amounted to RM 5,000 by cash. 10. Purchased new machine from Ai Trading to produce the products on credit amounted to RM 19,500. 11. Suruk Sdn Bhd paid the supplier early. The amount paid was RM 10,000 by using cheque. 12. One of the customers returned defective slimming pills amounted to RM 1,250. 13. Bad debt expense for the year was RM 1,000. 14. Paid Ai Trading RM 5,000 by using cash. 15. The owner withdrew RM 8,888 from the bank's account. 1 11 16 Sold nart