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QUESTION 3 (30 MARKS: 72 MINUTES) stablished Pancasila Berhad, a company involved in providing business consultation services in June 2019. Follows are all transactions incurred

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QUESTION 3 (30 MARKS: 72 MINUTES) stablished Pancasila Berhad, a company involved in providing business consultation services in June 2019. Follows are all transactions incurred in the said month. Date Description June 1 Mr Tan transferred cash from his personal bank account to be used for the business, RM20.000 1 Paid rent for June, RM800 5 Purchased office supplies on account, RM1,200 11 Paid the creditor, RM400 16 Received cash for the consultation been rendered, totalled RM18.500 20 Paid RM900 for vehicle maintenance, RM350 for telephone bill and RM100 for insurance expense for the month 28 Paid RM4,235 for salary 29 Paid cash for the purchase of office supplies, RM600 30 Mr. Tan withdrew RM1,000 for his personal use REQUIRED: a. Journalise all transactions, Omit the explanations. (10 Marks) b. Post all journal entries in (a) to their respective three-column ledger (12.5 Marks) c. Prepare a trial balance as at 30 June 2019. (7.5 Marks)

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