Total 25 marks QUESTION 2 DEC 2015 A Below were the transactions occurring

Total 25 marks question 2 dec 2015 a below were the

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(Total: 25 marks)
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QUESTION 2 / DEC 2015A.Below were the transactions occurring during the month of August 2015 for BobbyEnterprise:2015Transactions August 2The owner brought cash into the business amounted toRM10,000.3Received an invoice for goods purchased worth RM5,000 from AAEnterprise.4Issued an invoice to Jihan worth RM1,500.5Purchased an office equipment by cash amounted to RM5,000.6Return goods to AA Enterprise worth RM200.7 Purchased goods on credit worth RM3,000 from BB Trading.8Cash sales worth RM350.9The owner took RM1,800 goods for personal use.10Paid the remaining debt owed to AA Enterprise by cheque.11Sold goods by cash to AC Bhd worth RM1,000.12Received cheque for sales worth RM650.13Received a debit note RM100 from Jihan because of damagedgoods.14Paid rental RM300 by cash.15The owner brought his own motor vehicle into the business worthRM3,000.16The business bought a set of computer worth RM5,000 on credit.17The owner paid the business’ utility bills using his own moneyamounting RM500.18Received dividends from Unit trust amounting RM400 by cheque.19Deposit RM4,000 cash into the bank.20Owner took RM500 cash from the business to pay his son’sschool fees.21Paid salaries by cheque to his workers amounting RM2,000.Required:a.Prepare the journal entries (debit/credit) for the above transactions using theformat given below:Example: August 1 - Paid miscellaneous expenses by cash RM100.
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