Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 4 (25 MARKS) Write up the Fasihatul Enterprise two-column cashbook for the following details and balance it off at the end of the month.

image text in transcribed

QUESTION 4 (25 MARKS) Write up the Fasihatul Enterprise two-column cashbook for the following details and balance it off at the end of the month. Cash RM Date Details RM Date (2020) Details Jul-01 Capital 11 Sales 30000 Jul-02 Bank 25000 150 7 Purchases 400 29 Sales 300 600 160 15 Plus Sdn Bhd 21 Carriage outwards 30 Salary expenses 31 Balance cld 850 3440 30450 30450 Aug-01 Balance b/d 3440 Bank RM Date (2020) Details Jul-02 Cash 23 Sales RM 25000 180 Date Details Jul-05 Equipment 19 Rent expense 27 Electricity expense 31 Balance cld 3000 450 45 21685 25180 25180 Aug- 01 Balance b/d 21685 a) Prepare two column cash book. (20 marks) b) Close the account. (5 marks) QUESTION 4 (25 MARKS) Write up the Fasihatul Enterprise two-column cashbook for the following details and balance it off at the end of the month. Cash RM Date Details RM Date (2020) Details Jul-01 Capital 11 Sales 30000 Jul-02 Bank 25000 150 7 Purchases 400 29 Sales 300 600 160 15 Plus Sdn Bhd 21 Carriage outwards 30 Salary expenses 31 Balance cld 850 3440 30450 30450 Aug-01 Balance b/d 3440 Bank RM Date (2020) Details Jul-02 Cash 23 Sales RM 25000 180 Date Details Jul-05 Equipment 19 Rent expense 27 Electricity expense 31 Balance cld 3000 450 45 21685 25180 25180 Aug- 01 Balance b/d 21685 a) Prepare two column cash book. (20 marks) b) Close the account

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Objective Questions And Explanations

Authors: Irvin N. Gleim

7th Edition

0917539664, 978-0917539664

More Books

Students also viewed these Accounting questions

Question

Explain the guideline for job description.

Answered: 1 week ago

Question

What is job description ? State the uses of job description.

Answered: 1 week ago

Question

What are the objectives of job evaluation ?

Answered: 1 week ago

Question

Write a note on job design.

Answered: 1 week ago

Question

4. Does cultural aptitude impact ones emotional intelligence?

Answered: 1 week ago