QUESTION 1

Ahmad Trading is a merchandise business owns by Ahmad. The following transactions show transactions for Ahmad Trading in January 2020.

January Transactions

1. Started business with RM2,000 cash.

5 Purchased goods amounting RM1,000 on credit.

10 Sold goods worth RM800 on credit.

15 Bought furniture worth RM400 by cash.

20 Received cheque for RM800 from account receivable.

25 Made cash sales of RM200.

31 Paid salaries amounting RM300 in cash.

You are required to do:

i. Double Entry

ii. posted to Ledger/T account and balance off the accounts.

iii. prepare the Trial Balance as at 31 December 20X8

QUESTION 2

Prepare the relevant accounts to record the following transactions for Hakim Trading for the month of January 20x8.

January Transactions

1. Purchased goods by cash amounting of RM2,000
2. Sold goods of RM600 to Miss Ana on credit
3. Sold goods of RM400 on credit to Miss Suzi
4. Miss Ana returned goods worth RM80.
5. Made cash sales amounting to RM4,000
6. Bought goods of RM1,200 from ZB Enterprise on credit.
7. Sold goods valued of RM350 to Miss Laili on credit
8. Made cash sales amounting to RM1, 000
9. Returned goods amounting to RM200 to ZB Enterprise.

You are required to do:

i. Double Entry

ii. posted to Ledger/T account and balance off the accounts.

iii. prepare the Trial Balance as at 31 December 20X8

QUESTION 3

Miss Adibah sets up a mini market, ADB Mini Market on 1 January 20X8. Transactions during the month of January 20X8 were as follows :

January Transactions

2 Started a business with RM50,000 cash and a delivery van worth RM20,000

4 Bought goods worth RM3,000 by cash from Zulli Enterprise

7 Deposited RM30,000 cash on into a bank account.

14 Bought goods worth RM3,000 on credit from Maya Enterprise.

18 Sold goods worth RM2,500 on credit to Erny Trading.

19 Returned damaged goods worth RM300 to Maya Enterprise.

21 Sold goods worth RM500 and received cash.

23 Paid rent expenses RM1,200 by cheque.

25 Erny Trading returned goods worth RM150.

28 Paid full amounts to Maya Enterpise by cheque.

31 The owner took goods worth RM200 for personal use.

You are required to do:

i. Double Entry

ii. Ledger and balance off the accounts

iii. prepare the Trial Balance as at 31 December 20X8

I need all the three questions to be answered please