updated Tutorial journals Apr 19.docx - Exercises journal Question 1 z 1 Question 2 April 1 Assets Equipment RM10,000 Inventory RM6,000 Cash RM3,000

updated Tutorial journals Apr 19.docx - Exercises journal...

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Exercises journal Question 1 z 1
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Question 2 April 1 Assets : Equipment RM10,000; Inventory RM6,000 ; Cash RM3,000 Liabilities : Overdraft bank RM3,000. 2 Paid stationery by cash RM500 3 Goods sold on credit to Alina RM2,000 and Amin RM2,500 4 Goods bought on credit from Baharom RM3,000 and Badar RM3,500 5 Good returned by Alina RM100 and Amin RM200 to the business 6 Electricity bill paid by cash RM300 7 Bought fixtures and fitting for RM12,000 on credit from Abuya Trading. 10 Goods returned to Baharom RM500. 15 Cash drawing by the owner RM300. 17 Bought goods on credit from Asmah RM2,200. 18 Paid insurance by cheque RM300. 20 Paid rent by cheque RM5000. 22 Sold goods on credit: Ayu RM 4,000; Azlan RM2,500; Ahmad RM500. 23 Bought goods RM600 on credit from Ah Leong RM 1,000. 24 Returned goods to Ah Leong RM150. 25 Goods returned by Ayu RM300 and Azlan RM300. You are required to record all the above transactions in the related journals. 2
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