Make a Trial balance from the given data Date Transactions 2 The owner Mr. Storm invested cash
Question:
Make a Trial balance from the given data
Date | Transactions |
2 | The owner Mr. Storm invested cash of RM80,000 into the business. |
3 | Purchase office furniture costing RM10,000 on credit from Rai Deco Mart. |
4 | Bought goods amounting RM12,000 by cash from Smart Safe Trading. |
5 | Sold goods to Azu by cash RM1,500. |
6 | Mr. Storm brought in his personal used motor van for the business's use. The motor van was valued at RM42.000. |
7 | The owner also contributed additional capital of RM 2,000 into the bank account. |
8 | Mr. Storm took an electrical dough mixer worth RM200 for his personal use. |
9 | Sold goods to Narz on credit amounted to RM1,400. |
10 | Cash payment was made to Rai Deco to settle half the amount of debt related to the transaction on 3rd September. |
11 | A customer, Narz, returned some damaged goods amounted to RM380 purchased on 18 September. |
13 | Paid salaries amounting to RM3,200 by cheque. |
14 | RM40,000 cash and motor vehicle of RM50,000 were brought into the business. |
15 | Purchased goods worth RM 2,350 from Adam Market on credit. |
15 | Made cash sales worth RM500. |
18 | Some of the damaged goods worth RM150 were returned to Adam Market. |
20 | Sold goods to Banana Boat worth RM5,825 on credit. |
21 | Paid full amount to Adam Market on the purchased goods by cheque. |
22 | Purchased a coffee machine worth RM8,000 on credit from Sonia Sdn. Bhd. |
23 | Received damaged goods from Banana Boat with a value of RM412. |
28 | Paid utility bills amounted to RM 1,250 by cheque. |
30 | Miss Lala took RM200 cash and goods worth RM100 for her personal use. |
Financial and managerial accounting
ISBN: 978-1118016114
1st edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso