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Question5 Rimau Woods, a former professional golf star operates Rimau's Pro Shop at Beruang Hill Golf Course. At the beginning of showed Cash RM2,500, Merchandise
Question5 Rimau Woods, a former professional golf star operates Rimau's Pro Shop at Beruang Hill Golf Course. At the beginning of showed Cash RM2,500, Merchandise Inventory RM3.500 and Rimau Woods, Capital RM6,000. The following transactions were completed during June the current season in June, the ledger of Rimau's Pro Shop Jun 5Purchased golf bags, clubs, and balls on account from Tiger Enterprise RM2,800, FOB shipping point, term 2/10. n 60 Paid freight on Tiger purchase RM120 Received credit from Tiger for merchandise returned RM400 Sold merchandise on account to members RM2 20, terms n 30. The merchandise| sold had a cost of RM1219, 10 12 Purchased golf shoes, sweaters, and other accessories on account from Panda Sportswear RM1260 term 1/10, n/30 Paid Tiger Enterprise in full, less discount. Received credit from Panda Sportswear for merchandise returned RM60 Made sales on account to members RM1Z00 terms n/30. The cost of the merchandise sold was RM1,000 Paid Panda Sportswear in full, less discount. Granted an allowance to Received payments on account from members RM1,000 17 20 27 30 members for clothing that did not fit properly RM200 Journalize the June transactions using the perpetual inventory system
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