Sweet Memories Enterprise is a business selling souvenirs. The following transactions took place in the month of September 2019.

Date

Transactions

Sept 1

Owner invested cash into the business bank account RM100,000

Sept 3

Purchased a motor van from Ben Motors costing RM70,000 on credit

Sept 6

Purchased goods on cash from Alia RM8,000 and Helen RM3,000

Sept 8

Sold goods on credit to Zu Enterprise RM4,800 and Khaira RM3,600

Sept 15

Returned damaged good to Helen RM600

Sept 20

Pelangi Berhad lend the business RM15,000 and deposit the money in bank

Sept 23

Paid RM1,200 to Tenaga Nasional Berhad for Electricity expense

Sept 26

Received a cheque for cash sales amounting to RM10,000

Sept 29

The owner withdrew cash M340 for personal use

Required:

a.Record the above transactions in the relevant ledger accounts[18 Marks]

b.Provide a trial balance as at 30 September 2019[7 Marks]