• PME Company is managing the business operations for two (2) months period.
• The business operation must record the related accounting transactions during the two (2) months period. The initial opening cash of the company’s bank account is RM 10,000.00.
• The related accounting transactions which cover theaccounts of each month are as follows:

1. Assets
2. Liabilities
3. Capital (compulsory for the 1^st month)
4. Revenue of 1 sales product only

              iv)  Purchases 

              ii)   8-10 types of operating expenses

• Each month should consist of 10-12 transactions from the respective accounts. 
• All transactions of the 2 months should be recorded in the respective journal entries.
• To construct general ledgers of each account with proper closing for ended of 2 months.
• To prepare the company’s Trial Balance and Income Statement for ended of the 2 months.
• To provide conclusion on the company’s performance for the 2 months.

Answer rating: 100% (QA)

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