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Write up the accounts to record the following transactions by identifying an increase / decrease effect and the account to be debited and account to
Write up the accounts to record the following transactions by identifying an increasedecrease effect and the account to be debited and account to be credited:
October Started business with RM in the bank
October Bought a building paying by cheque RM
October Bought motor vehicles for cash RM
October Took RM from the bank and put into the cash
October A debtor, Mona paid us RM by cash
October A loan of RM in cash is received from Ikhmal
October Bought stationery RM paying by cheque
October Cash purchase RM
October Paid insurance by cash RM
October Sold goods on credit to Mr Badrul RM
October Bought goods on credit RM from Mr Darwin
October Returned goods to Mr Darwin RM
October Took RM from bank for personal use
October Sold goods for cashRM
October Paid rent in cash RM
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