Below are the transactions for the month of November 2022, for Megah Serindit Sdn. Bhd: trader:...

  

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Below are the transactions for the month of November 2022, for Megah Serindit Sdn. Bhd: trader: November 01 Started business with cash RM120,000 02 04 05 05 06 Required: a. b. Transfer RM90,000 of cash to business bank account. Bought goods on credit from Rumah Hijau worth RM6,800. Paid rent by cash RM2,400. Issued cheque for RM10,500 for salary expenses. Sold goods on credit to Mahsuri Enterprise amounted to RM8,300. 07 Bought stationery by cheque worth RM2,900. 11 Cash sales to Anggerik Kemboja, RM7,800. 12 Returned goods to Rumah Hijau, RM1,300 13 Sold goods on credit to Tulip Sdn Bhd worth RM10,600 14 Goods returned by Mahsuri Enterprise worth RM960. 15 Paid Rumah Hijau by cheque amounted to RM4,500. 16 Cash purchase from Adiwarna & Co., RM12,300. 17 Received cheque from Mahsuri Enterprise woth RM6,400. 18 Received commission by cash RM11,100. 25 The owner add another cash of RM20,000 into the business. Record the above transactions in the journals and ledgers. Prepare a Trial Balance for Megah Serindit Sdn. Bhd as at 30 November 2022. Below are the transactions for the month of November 2022, for Megah Serindit Sdn. Bhd: trader: November 01 Started business with cash RM120,000 02 04 05 05 06 Required: a. b. Transfer RM90,000 of cash to business bank account. Bought goods on credit from Rumah Hijau worth RM6,800. Paid rent by cash RM2,400. Issued cheque for RM10,500 for salary expenses. Sold goods on credit to Mahsuri Enterprise amounted to RM8,300. 07 Bought stationery by cheque worth RM2,900. 11 Cash sales to Anggerik Kemboja, RM7,800. 12 Returned goods to Rumah Hijau, RM1,300 13 Sold goods on credit to Tulip Sdn Bhd worth RM10,600 14 Goods returned by Mahsuri Enterprise worth RM960. 15 Paid Rumah Hijau by cheque amounted to RM4,500. 16 Cash purchase from Adiwarna & Co., RM12,300. 17 Received cheque from Mahsuri Enterprise woth RM6,400. 18 Received commission by cash RM11,100. 25 The owner add another cash of RM20,000 into the business. Record the above transactions in the journals and ledgers. Prepare a Trial Balance for Megah Serindit Sdn. Bhd as at 30 November 2022.

Answer rating: 100% (QA)

To record the transactions in journals and ledgers we will create the following journals Cash Receipts Journal CRJ This journal records all the cash received transactions Cash Payments Journal CPJ Thi... View the full answer