Question: 9:35 .11 52 Back Chapter 4- TUTORIAL- B... TUTORIAL 2 Enter the following transactions of an antiques shop in the accounts and extract a trial
9:35 .11 52 Back Chapter 4- TUTORIAL- B... TUTORIAL 2 Enter the following transactions of an antiques shop in the accounts and extract a trial balance as at 31 March 2021. (Prepare the joural entries and the ledger accounts) 2021 March 1 Started in business with RM8,000 in the bank- 2 Bosght goods on credit from the following persons: Frank RM530; Chen RM290; Lee RM610. 5 Cash sales RM510. 6 Paid wayes in cash RMIIO. 7 Sold goods on credit to: Snow RM295; Park RM360; Thiba RM640. 9 Bought goods for cash RM120. 10 Bought goods on credit from: Chen RM410; Lee RMI,240. 12 Paid wages in cash RM110. 13 Sold goods on credit to: Park RM610; Thiba RM205. 15 Bought shop fixtures on credit from Stop Lid RM740. 17 Paid Chen by cheque RM700. 18 We returned goods to Lee RM83. 21 Paid Stop Lid a cheque for RM740. 24 Thiba paid us his account by cheque RM845. 27 We returned goods to Frank RM18. 30 Prince lent us RMI,000 by cash. 31 Bought a van paying by cheque RM6,250
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