Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Prepare trial balance for the following transactions April 1st Azam started business with a capital of RM 40,000 3 rd Bought goods from Tam Enterprise

Prepare trial balance for the following transactions

April 1st Azam started business with a capital of RM 40,000

3rd Bought goods from Tam Enterprise on credit RM 10,000

4th Sold goods to Fadly Co. RM 12,500

5th Cash purchases RM 12,500

7th Cash sales RM 7,500

9th Goods returned to Tam Ent. RM 1,000

10th Bought furniture for RM 12,500

11th Cash paid to Tam Ent. RM 6,000

12th Goods return by Fadly Co. RM 1,500

14th Goods taken by Azam for personal use RM 4,000

15th Cash received from Fadly Co. RM 15,000

16th Took loan from Public Bank RM 30,000

17th Salary paid by RM 7,000

18th Bought stationery for RM 1,000

19th Amount paid to Public Bank account RM 14,000

20th Interest received RM 4,000

30th Paid Loan to Ai Wei RM 4,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles

Authors: Jerry J. Weygandt, Valerie A. Kinnear, Donald E. Kieso, Paul D. Kimmel, Barbara A. Trenholm, Joan E. Barlow

6th Canadian Edition

1118557301, 978-1118557303

More Books

Students explore these related Accounting questions

Question

gpt 2 1 9 . .

Answered: 3 weeks ago