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Question 5 Below are the transactions for Alex in June 2023: 1 Alex commenced business by depositing cash RM80,000 in the bank as capital
Question 5 Below are the transactions for Alex in June 2023: 1 Alex commenced business by depositing cash RM80,000 in the bank as capital 8 Alex purchased goods for resale amounting to RM17,500 on credit 16 Alex received a bank loan of RM30,000, the money was credited to the business bank account 20 Alex brought in his personal car for business use, the car was valued at RM65,000. ...5/- 23 Alex purchased goods for resale amounting to RM35,600, he paid the supplier by cheque 27 Alex paid supplier RM17,000 for the goods purchased on 8 June 2023, discount received RM500 30 Alex bought a computer for RM5,200 by cheque Required: Prepare the accounting equation for the month of June 2023.
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