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Rihanna operates a business supplying washing machine. During the month of September, the following transactions took place: September 2 Additional capital of RM40,000 cash inject

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Rihanna operates a business supplying washing machine. During the month of September, the following transactions took place: September 2 Additional capital of RM40,000 cash inject by the owner into the business. 4 Cash deposited into the bank amounting RM20,000 6 Bought office equipment for RM16,400 cash. 8 Bought furniture and fitting from Elsa Sdn.Bhd. on credit RM9,400. 12 Sales of washing machine and received cash amounted to RM3,000. 24 Withdraw RM1,600 of the cash for personal use. 26 Paid Elsa Sdn. Bhd. RM3,000 by cheque. Required: (i) Record the above transactions in the general journal. (7 marks) (ii) Post the journal entries to the relevant accounts in the general ledger and balance of all the accounts. (11 marks)

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