EXAMPLE $3$ :

On March $2017,$ Farhan Rahim, starts wholesaling business. Following transactions as follows:

He started business with capital of RM$15,000$ and Land worth RM$10,000.$

Bought goods from Bilal and Friends RM$1,000$ and by cash from XYZ Co$.$ RM$2,000.$

Sold goods to Rehman & sons RM$1,500$ and sale by cash RM$5,000.$

Gave away charity of cash RM$50$ and merchandising worth RM$30.$

Paid Bilal and Friends cash RM$975$; discount received RM$25.$

Received cash from Rehman & Sons RM$1,450$; allowed him discount of RM$50.$

Prepare the $T$ account for transaction above