1. Sunny maintains double-entry records; she has supplied the following information: RM 33,000 63,620 Creditors at...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
1. Sunny maintains double-entry records; she has supplied the following information: RM 33,000 63,620 Creditors at 30 June 2020 Debtors at 30 June 2020 Additional information for the year ended 30 June 2021: Particulars Cash received from debtors Cash sales Credit sales Cash paid to creditors Discount allowed Discount received Cash purchases Sales ledger contra/Purchases ledger co tra Credit purchases Returns inwards Returns outwards (a) Sales Ledger Control Account RM 438,000 83,800 462,654 216,940 You are required to prepare the following for the year ended 30 June 2021: (b) Purchases Ledger Control Account 3,800 1,490 52,200 5,000 228,490 1,000 3,000 1. Sunny maintains double-entry records; she has supplied the following information: RM 33,000 63,620 Creditors at 30 June 2020 Debtors at 30 June 2020 Additional information for the year ended 30 June 2021: Particulars Cash received from debtors Cash sales Credit sales Cash paid to creditors Discount allowed Discount received Cash purchases Sales ledger contra/Purchases ledger co tra Credit purchases Returns inwards Returns outwards (a) Sales Ledger Control Account RM 438,000 83,800 462,654 216,940 You are required to prepare the following for the year ended 30 June 2021: (b) Purchases Ledger Control Account 3,800 1,490 52,200 5,000 228,490 1,000 3,000
Expert Answer:
Answer rating: 100% (QA)
The image contains financial data for Sunnys business which maintains doubleentry records The data relates to the year ended 30 June 2021 and includes ... View the full answer
Related Book For
Accounting
ISBN: 978-1118608227
9th edition
Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett
Posted Date:
Students also viewed these general management questions
-
In my OSHA 4601 class discussion board, we were asked to tell the difference between an accident and an incident. My answer was Many research show that both events are unplanned, both can present...
-
1.2.1 The format recommended by the International Financial Reporting Standards for the preparation of a statement of profit or loss and other comprehensive income calculates and shows the gross...
-
Calculate the new profit sharing ratio after the admission of Fischer. Assignment Ubisoft Entertainment is a partnership of exclusive game distributors who specialize in electronic arts and play...
-
Jansen, Inc., is a defense contractor that uses job costing. Because the firm uses a perpetual inventory system, the three supporting schedules to the income statement (the schedule of raw materials...
-
(a) Calculate the work done in expanding a 2-mm-thick spherical shell from a diameter of 100 mm to 140 mm, where the shell is made of a material for which = 200 + 50e0.5 MPa. (b) Does your answer...
-
The Legal Environment Dimension Why is an award of punitive damages is almost completely at the discretion of a jury and trial judge? The Ethical Dimension The court awarded $50,000 in punitive...
-
What are two numbers that are 23 away from 0 ?
-
Dunbar Distribution markets CDs of numerous performing artists. At the beginning of March, Dunbar had in beginning inventory 2,500 CDs with a unit cost of $7. During March, Dunbar made the following...
-
bedford sausage suppy.co. istration Exercises, EX... W FC P6-2C. (In the Excel templates on MyLab Accounting, all the beginning balances needed are provided for the accounts receivable and general...
-
Explain the concept of access modifiers in classes provide explain of public private and protected access modifiers
-
At ???? = 2 . 8 0 ???? , a particle moving with a constant velocity is located at ???? = 1 . 4 0 ???? . At ???? = 4 . 8 0 ???? , the particle is located at ???? = 7 . 9 0 ???? . Determine the...
-
Refer to point 1 entitled "repair of damaged harbour wall". Discuss how the R132 million would be recognised in the financial statements of SSSS as at 30 September 2012. You should apply the relevant...
-
An electrician is wiring new electrical outlets in a house and has stored a 4 9 . 5 - m length of copper wire outside where the temperature is 1 1 . 9 \ deg C . When the wire is brought inside and...
-
Lisa Black, president of the Liverpool Product Design Group, is considering an investment in computer-aided design equipment. The equipment will cost $120,000 and will have a six-year useful economic...
-
In the next few years, is the U.S. Government likely to revise the current U.S. corporate tax system to encourage companies to provide college loan payments as an employee benefit?
-
John Doe is accused of committing murder. He is convicted at trial in federal district court (the Central District of California) and appeals his conviction to the 9 th Circuit Court of Appeals. The...
-
Quadrilateral EFGH is a kite. Find mG. E H <105 G 50 F
-
Refer to the latest financial statements of David Jones Limited on its website, www.davidjones.com.au. Browse through the chairmans and chief executive officers reports, and the notes to the...
-
For each of the following, describe a transaction that would have the stated effect on the accounting equation: 1. Increase an asset and increase a liability 2. Decrease one asset and increase...
-
Eduardo and Evanthia run a craft shop as a partnership. During the year Eduardo incurred an unusual amount of personal expenses in relation to his family and felt that his share of the partnership...
-
\(4 \times 13 \times 25\) Use properties of real numbers and mental math to calculate the expression.
-
\(13 \times 99\) Use properties of real numbers and mental math to calculate the expression.
-
\(23+98+75+12+77\) Use properties of real numbers and mental math to calculate the expression.
Brain-Computer Interfaces Current Trends And Applications 1st Edition - ISBN: 3319109782 - Free Book
Study smarter with the SolutionInn App