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The following financial transactions occurred in the month of March 2021. March Opened a current account at Maybank and banked in office cash RM80,000 1
The following financial transactions occurred in the month of March 2021. March Opened a current account at Maybank and banked in office cash RM80,000 1 3 Paid RM1000 being rental of the shop by cheque. Bought shop fittings worth RM5,000 from Talita Furnishing Centre; paid by cheque. 4 Invoice received from: Zenith Bhd. List price RM8,200, trade discount 2% Seiko Bhd. List price RM9,800, trade discount 1% 6 Cash sales of RM750, paid to bank 10 Received RM50 in cash from the customer for watch repairs 13 Received a credit note from Zenith Bhd for a goods returned; listed price RM600. 17 19 22 24 Credit sale worth RM2,400 to Mr Ahmar Purchased a van for RM27,500 on credit from Lee Used Car Sdn Bhd and paid RM2,000 by cheque for installing air-condition unit in the van The owner took a watch at a cost of RM450 and give it as a present to his son. Received a cheque from Mr Ahmar as settlement of his account after deducting 2% discount Paid RM210 in cash for office expenses. 27 REQUIRED: Journalise the above transactions
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