Yvone Lim runs a boutique in Johor Bharu called YL Boutique. The business was established on 1 October 2020. On the establishment day, she injected a cash capital of RM350,000 into the business, in which RM120,000 was put into the cash box of the business and the other RM230,000 was banked into the business' bank account. The following transactions occurred in the month of October 2020: Date Transactions 1 Purchased inventories for resale of RM15,000 by cheque from Jakil Trading. 5 Purchased office equipment of RM7,500 on credit from Morad Enterprise. 10 Received cash of RM1,500 from a customer, Julia. 17 The owner, Yvone brought in her own motor vehicle worth RM45,000 to be used by the business. 20 Purchase inventories from Peach Trading for RM50,000 in which RM5,000 was paid by cheque and the balance will be paid next month. 23 Sold inventories to Moleiq Enterprise worth RM12,000 on credit. 24 Moleiq Enterprise return inventories of RM1,200 because of defect. 25 The owner, Yvone took a dress from the business worth RM350 for her daughter. 26 Paid the workers' salary for RM4,000 by cheque 28 Paid the utilities bills of RM1,300 by cheque 29 The business paid RM2,500 by cheque for the transaction on October 5th, 30 Received cash from Moleiq Enterprise worth RM2,500 for the transaction occurred on 23th October..