Question: I need a perfect answer and detailed explanation for this question. It is easier for me to understand and do revision. I will give the
I need a perfect answer and detailed explanation for this question.
It is easier for me to understand and do revision. I will give the best rate for you. Thank you
Business Transaction

Month/Date |Transactions June 2022 1 Put initial cash of RM 350,000 into business and RM 15,000 of a premise. 2 Purchased goods on credit from Nash Stationery for RM 1,600 4 Paid advertising RM 320 by cheque 6 Bought goods on cash from Lim Trading for RM 3175 7 Sold RM 200 of inventory to Salmi on credit 8 Bought a delivery van on credit from Wendy, RM 12,000 cash 10 Performed printing service for a customer and billed the customer for service rendered, RM 130 11 Paid utility bills, RM 2700 by cheque 13 Received RM 130 cash from customer for printing service performed 14 Took RM 2,000 for personal use 15 Bought furniture and fitting worth RM 4100 on credit from Afnan's Design 17 Returned goods to Lim Trading and Nash Stationery worth RM 128 and RM 200, respectively 18 Sold goods in cash to Edmond for RM 240 and RM 455 on credit. 20 Discount received from Afnan's Design RM 390 22 Paid salaries RM 3,400 by bank 23 Paid insurance RM 1,300 by bank 24 Took a loan of RM 15,000 from Standard Bank Berhad 25 Interest on loan 8% paid by cash 27 Received RM 200 from Salmi 28 Issued RM 3710 cheque to Afnan's Design 28 Received RM 573 from a customer in cash 29 Purchase office equipment worth RM 6,000 on credit from Johari & Co. Trading 30 Bought a new printer amounting to RM 8,000 on credit from Priya Machines
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