Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

WadiE8bEpop Sudyntxvfu-ByAEg/formResponse Determine the total amount (in RM) of Cash Receipt Journal (bank column) at the end of January 31, 2020.* SEDAP Enterprise is a

image text in transcribed
WadiE8bEpop Sudyntxvfu-ByAEg/formResponse Determine the total amount (in RM) of Cash Receipt Journal (bank column) at the end of January 31, 2020.* SEDAP Enterprise is a business providing equipment for bakeries. Given below are the business transactions of SEDAP Enterprise for the month of January 2020. DATE TRANSACTION AMOUNT (RM) Jan 1 Owner deposited cash into the business bank 10,000 account 3 Purchased 40 units of dough mixer from 12,000 KTNG Enterprise on credit 6 Purchased shop furniture from Entia 2,500 Furniture Berhad on credit 7 Sold 2 units of dough mixer to Azizah on 850 credit 10 Returned 20 of dough mixers to KTNG 6,000 Enterprise 12 Azizah returned defective mixers due to 425 wrong specification 14 Owner took cash for his own use 100 17 Cash purchases from Daud 2,000 20 Issued cheque to KTNG Enterprise being full 6,000 settlement of the amount owed 24 Owner contributed additional capital by cash 30,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Describe the differences between multinational and global firms.

Answered: 1 week ago

Question

5-10. What is a poison pill defense?

Answered: 1 week ago