Date Description PR Debit Credit Jul10 Supplies 13500 Accounts Payable 13500

Date description pr debit credit jul10 supplies 13500

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Date Description PR Debit Credit Jul10 Supplies 13,500 Accounts Payable 13,500 Purchased supplies on account. Dt Ct Supplies Dt Ct A/C Payable Jul 10 A/C Pay 13,500 Jul 10 Supplies 13,500
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July 30, Sea-Link paid creditors RM9,500. Date Description PR Debit Credit Jul 30 Accounts Payable 9,500 Cash 9,500 Paid creditors. Dt Ct A/C Payable Dt Ct Cash Jul 30 Cash 9,500 Jul 30 A/C Pay 9,500
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July 30 Sea-Link purchased a truck for RM64,500 paying RM18,000 cash and the remainder on account. Date Description Debit Credit Jul 30 Truck 64,500 Cash 18,000 Accounts Payable 46,500 Dt Ct Truck Dt Ct A/C Payable Jul 30 Cash 18,000 A/C Pay 46,500 Jul 30 Truck 18,000 Dt Ct Cash Jul 30 Truck 46,500
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Aug 18, Sea-Link received fees of RM27,500 from customers for services provided for the month of July 2011 Date Description PR Debit Credit Aug 18 Cash 27,500 Fees Earned 27,500 Received fees from customers. Dt Ct Fees Earned Dt Ct Cash Aug 18 Fees Earned 27,500 Aug 18 Cash 27,500
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Aug 30 incurred the following expenses: wages RM20,500 to be paid on Sept 5; and rent RM3,000 paid by cash. Date Description PR Debit Credit Aug 30 Wages expense 20,500 Wages Payable 20,500 Aug 30 Rent expense 3,000 Cash 3,000 Dt Ct Wages Payable Dt Ct Wages Exp Aug 30 Wages Pay 20,500 Aug 30 Wages Exp 20,500 Dt Ct Cash Dt Ct Rent Exp Aug 30 Cash 3,000 Aug 30 Rent Exp 3,000
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A count revealed that RM8,000 of the supplies inventory had been used during August. Date Description PR Debit Credit Aug 30 Supplies expense 8,000 Supplies 8,000 Supplies used during the month of August. Dt Ct Supplies Dt Ct Supp. Exp Aug 30 Supplies 8,000 Aug 30 Supp. Exp 8,000
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August 27 issued an invoice for the sum of RM45,000 to Abd Halim for a completed consultation work. He has promised to settle the amount before the year ends.
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