The following transactions of Jaya Mart occurred during the month of September 2021: Date Transactions September...

 

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The following transactions of Jaya Mart occurred during the month of September 2021: Date Transactions September 1 Saleh, the owner of Jaya Mart invested RM10,000 of his personal savings into the company's account. Rented office space and paid RM1,200 cash for the month of September. Purchased of office equipment for RM30,000, paying RM8,000 cash and the balance to be paid in one year period. Purchased office supplies for RM750 cash. Completed services for a client and received RM2,700 cash for the services. 15 Completed services RM3,600 for a client on credit. Received RM3,600 from a client for the work completed on 15 September. 28 Paid the office secretary's monthly salary, RM1,200 cash. 30 Saleh withdrew RM2,000 for his personal use. 2 3 a) 4 8 20 You are required to: Show the effects of the transactions on the accounting equation as in the table below. Then, calculate the ending balance of each column and the total balance to prove Asset = Liability + Equity. Date Ending balance Total Assets Liabilities Equity The following transactions of Jaya Mart occurred during the month of September 2021: Date Transactions September 1 Saleh, the owner of Jaya Mart invested RM10,000 of his personal savings into the company's account. Rented office space and paid RM1,200 cash for the month of September. Purchased of office equipment for RM30,000, paying RM8,000 cash and the balance to be paid in one year period. Purchased office supplies for RM750 cash. Completed services for a client and received RM2,700 cash for the services. 15 Completed services RM3,600 for a client on credit. Received RM3,600 from a client for the work completed on 15 September. 28 Paid the office secretary's monthly salary, RM1,200 cash. 30 Saleh withdrew RM2,000 for his personal use. 2 3 a) 4 8 20 You are required to: Show the effects of the transactions on the accounting equation as in the table below. Then, calculate the ending balance of each column and the total balance to prove Asset = Liability + Equity. Date Ending balance Total Assets Liabilities Equity

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Basic accounting Equation Assets LiabilitiesEquity JAYA MART Date Tr... View the full answer