Question

Note: Answer should be in typed words.. pic or handwritten will not be accepted

QUESTION 5 Nur Aliah Anis started a business selling brooches and hijabs in Kuantan, Pahang on 1 June 2021. She invested RM50,000 cash and brought a computer worth RM2,500 to be used in the business. The followings are other transactions for the month of June 2021: June 3 5 6 Purchased 70 units of Black Queen Brooches amounting to RM3,500 on credit from Zahora Dot Com. The credit term offered by Zahora Dot Com was 5/10 net 30. Purchased 80 units of Shanie Hijabs from Ruzuan Enterprise amounting to RM4,000 on credit. The credit term offered by Ruzuan Enterprise was 2/10 net 20 Returned 3 units of Black Queen Brooches amounting to RM150 to Zahora Dot Com due to quality defect in the brooches. Sold 4 units of Shanie Hijabs to Mesra Boutique on credit for RM75 each. The credit term given was 1/15 net 30. Paid Ruzuan Enterprise by cash. Sold 12 units of Black Queen Brooches to Kejora Boutique on credit for RM80 each. The business offered a trade discount of 5% for this transaction. The credit term given was 2/15 net 30. Kejora Boutique settled the amount owed to the business by cheque. 10 11 12 28 The business uses the periodic system to record the inventory. Required: Record all the above transactions in the special journals. Narration is not required