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UR Trading has started a new business selling stationaries. The following transactions took place during the month of January 20X1 No Date Transaction RM 1

UR Trading has started a new business selling stationaries. The following transactions took place during the month of January 20X1

No Date Transaction RM
1 3 Jan Invested cash in business 100,000
2 5 Jan Purchase goods on credit term from Pemadam Unggul Trading 20,000
3 11 Jan Credit sales to En Thiri 25,000
4 17 Jan Purchase furniture on cash 10,000
5 31 Jan Provide provision for doubtful debt for En Thiri @10% due to his shop burn 2,500

1. Record and close the above transactions in an appropriate ledger account for the period ended 31 January 20X1. (4 marks)

2. Prepare the trial balance. (2 marks)

please help me..

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