Question 1

Complete the following table showing which accounts to be debited and which are to be credited in the space provided.

[YBL1]	Transactions	Debit	Credit
	The owner used his own money to purchase office furniture RM1,200.
	Sold goods on credit to Alina RM 5,000
	Purchase goods for sale by cheque RM2,000
	Alina Return some of damage goods to business worth RM100
	Transferred a laptop from home to the business worth RM3,000..
	Bought a motor van using loan from the bank RM10,000.
	Owner wrote a cheque to himself
	Used office cash to repair van owned by business RM350.
	Paid rental by cash RM500.
	The business received interest by cash RM300.

(10 Marks)