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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
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 14 Deposited RM30,000 cash on into a bank account. Bought goods worth RM3,000 on credit from Maya Enterprise. Sold goods worth RM2,500 on credit to Erny Trading. 18 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 RM 150. 28 Paid full amounts to Maya Enterpise by cheque The owner took goods worth RM200 for personal use. 31 You are required to do: i. Double Entry ii. Ledger and balance off the accounts ill. prepare the Trial Balance as at 31 December 20X8
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