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Question 1 Dollah Enterprise involve in a business of selling groceries items owned the following information in their trial balance on 28th February 2020
Question 1 Dollah Enterprise involve in a business of selling groceries items owned the following information in their trial balance on 28th February 2020 as follows: Dr. Cr. RM RM Purchases 92,800 Sales 157, 165 Cash at bank 4, 100 Cash in hand 324 Capital account 1st March 2019 11,400 Drawings 17, 100 Office furniture Rental 2,900 3, 400 Salaries Discounts Account receivable and account payable Inventory as at 1st March 2007 Allowance for doubtful as at 1st March 2019 Van Van maintenance cost Bad debts written off 31,400 820 160 12, 316 5, 245 4,120 405 3,750 615 730 Additional information: i. Inventory on 28th February 2020 is RM2, 400. ii. Wages and salaries outstanding at 28th February 2020 is RM340. iii. Rental paid in advance at 28th February 2020 is RM230. iv. V. vi. Van maintenance cost owing at 28th February 2020 is RM72. Increase allowance doubtful debts to RM496. Provide depreciation as follows: Office furniture RM380 and Delivery van RM1, 250.
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