Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Requirement:record the transactions into appropriate journal(ex: general journal, sales journal, purchase journal) and then record to ledger n trial balance ty very much appreciate your

image text in transcribed

Requirement:record the transactions into appropriate journal(ex: general journal, sales journal, purchase journal) and then record to ledger n trial balance

ty very much appreciate your help

SECTION B (60 Marks) There are TWO (2) questions in this section. Answer ALL questions using the space provided in the Question Paper. Question 1 Haji Bakar is the owner of Imagine Dragon Books Store. The folowing are transactions that occurred for the month of June 2018. June 3 The business bought RM17,500 worth of books from Cengal Bocks Enterprise on credit. 5 Books sold to Encik Abu Balau on credit amount RM1,100. 7 Bought books amount RM4,500 from Cik Siti Wan Kembang. Pay cheque to her. 9 Haji Bakar brought in his own vehicle worth RM40,000 to the business. 12 Received invoice from Nyatoh Books Berhad amount RM5,000. 15 Received invoice from Indah Furniture Enterprise for books racks amount RM13,500 19 Sent invoice to Kedai Buku Jati amount RM3,000. 22 Kedai Buku Jati returned damaged books worth RM500. 26 RM300 worth of books were returned to Nyatoh Books Berhad as they were not in good conditions. Encik Abu Balau and Kedai Buku Jati settled their accounts by cash. Settled Cengal Books Enterprise and Nyatoh Books Berhad by cheque. 27 30

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

Auditing and Assurance services an integrated approach

Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley

15th edition

978-0133125634, 9780133423815, 133125637, 133423816, 978-0133125689

More Books

Students also viewed these Accounting questions

Question

4-42. Thank you in advance for your co-operation on this matter.

Answered: 1 week ago