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TUTORIAL DOUBLE ENTRY, LEDGER, TRIAL BALANCE QUESTION 1 Ahmad Trading is a merchandise business owns by Ahmad. The following transactions show transactions for Ahmad Trading

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TUTORIAL DOUBLE ENTRY, LEDGER, TRIAL BALANCE QUESTION 1 Ahmad Trading is a merchandise business owns by Ahmad. The following transactions show transactions for Ahmad Trading in January 2020. January Transactions 1 5 10 15 20 25 31 Started business with RM2,000 cash Purchased goods amounting RM1,000 on credit. Sold goods worth RM800 on er Bought furniture worth RM400 by cash. Received cheque for RM800 from account receivable Made cash sales of RM200 Paid salaries amounting RM300 in cash You are required to do 1 Double Entry iiposted to Ledger/T account and balance off the accounts lll prepare the Trial Balance as at 31 December 20X8

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