The followings wel of a retail store, Kiki Lala Enterprise that took place during Post the transactions to appropriate ledger books using SCOPY The bank balances as at 1st December 2017 was RM12,000. December, 2017 Transactions 3 Purchased goods on credit for RM10,000 from Clothing Store. 5 Credit sales to Siti Enterprise for RM12,000. Returned goods to Clothing Store amounting 8 RM700. LIGEN copia by cheque after Payment to Siti Enterprise for full deducting cash discount of 2%. LIBRARY'S CORY 15 Paid rental of RM2,400 for December month by cheque. 25 Owner took goods for personal use worth RM1,500. Required: (a) Prepare the journal entries for all the above transactions with BRY'S (10 marks) (b) and balance off (10 marks) Gurney Cafe is a sole proprietor businesARY The business commenced on 1st October 2017 with a capital of RM50,000. The business transactions during the month of October 2017 were as follows:: October LI BEYA RX'S COPYO 1 LIBRARY'S COPY 10 Transactions Owner deposited capital RM50,000 into the business b account Gurney Cafe bought goods from Kerry Supplier worth RM13,000 on credit. Discount of 2% was received from Kerry Supplier and payment made on the balance owing to Kerry Supplier by cheque Ow use amounting to RM1,250 Cash sales for the day was RM5,000 and credit sales to FAA Shop was RM2,000.1 Paid 12 months firektnisurance for RM5,00 via online banking, Purchase office furniture for RM3,000 by cheque. 19 20 25 30 Required: LIBRARY'S COPY (a) (b) Prepare journal entries for all the above transactions. (8 marks) Post the transactions to appropriate ledger books using T-account and balance off the ledgers by closing the accounts at month end. (12 marks) al do You 2017 902 Lalances brought forward by Fair Enterprise as at 14 December Owner took goods for personal use worth RM2, CON The following are book 2018. Credit (RM) Bank balances Trade Payables 3,400 Trade Receivables 11,600 25,000 28,400 28,400 The following transactions took place during the month of December, 2018 December, 2018 Transactions Received addit | capital from the owner amounting RM10,000 by cheque. 3 Purchased goods on credit for RM3,500 from Aneka Trading 8 Returned goods to Aneka Trading amounting to RM700 LIBRAR 1 10 Paid office rental for RM3,000 per month by online 20 22 Full payment settlement to Aneka Trading by cheque after deduction of 5% cash discounts. Required: ISRRY'S COPY (a) Prepare the journal entries for all the above transactions with narrations. (b) (8 marks) Post the transactions to appropriate ledger books using T-account and balance off the ledgers by closing the accounts at month end December 2018 (12 marks)