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QUESTION 4 RD Enterprise is owned and operated by Zhariff Raihan. The following selected transactions were completed by Zhariff Raihan during May: a Received from
QUESTION 4 RD Enterprise is owned and operated by Zhariff Raihan. The following selected transactions were completed by Zhariff Raihan during May: a Received from owner as investment of RM50,000 cash and RM10,000 equipment A b. Paid rental for RM1,600. C. Purchased equipment B of RM12,000 on account. d. Received revenue of RM2,000 cash e. Billed customer for RM7,000. f Paid cash of equipment for RM8,000. g. Paid cash for utility of RM2,400. h. Collected RM5,000 from customer for transaction (e). i. Paid account payable for transaction (C) of RM12,000. j. Owner withdrawal of RM500. Indicate the effect of each transaction on the EXTENDED ACCOUNTING EQUATION for RD Enterprise
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