Question: (b) An order was received from a customer on 20 September 2019 for goods with an invoice value of RM20,000. Half (50%) of the total

(b) An order was received from a customer on 20 September

(b) An order was received from a customer on 20 September 2019 for goods with an invoice value of RM20,000. Half (50%) of the total invoice value was received on 25 September 2019 , while the balance will be settled upon receipt of the goods. The goods were shipped on 5 October 2019. Sales revenue was recognized on 25 September 2019 . You are required to illustrate the recording of the transactions in the Journal (Book of Primary transactions). (Bag IT Sdn. Bhd., which supplies different types of bags, observes an accounting period that ends every 30 September. Comment on the appropriateness of the accounting procedure used by Bag IT Sdn. Bhd)

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