Question: QUESTION 1 ( 1 0 MARKS ) ( a ) Describe the steps in the accounting process. ( 4 marks ) ( b ) Two
QUESTION MARKS
a Describe the steps in the accounting process.
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b Two groups of users require accounting information. Identify these TWO groups of users and provide examples for each.
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QUESTION MARKS
En Kamarul, a sole proprietor of Kenagan Sdn Bhd started his trading business on March The transaction as follow:
tableDateTransactionsMarch En Kamarul contributes RM cash to start the business.tableOpened a business current account at Standard Chartered Bank and bank inRM cash.tableEn Kamarul brought his van and computer worth RM and RMrespectively into the business.tablePurchased office equipment RM from Yayasan Pengguna Sdn Bhd andpaid half of the amount by cheque and the other half is still owing.tableStandard Chartered Bank approved a loan for RM and directly credited theamount into the business bank account.tableErlane a customer, bought some goods worth RM and paid cash RMThe balance will be paid next month.tableEn Kamarul took some goods worth RM to give to the charity club and cashRM for his personal used.tablePaid the full amount owing to Yayasan Pengguna Sdn Bhd by cheque andreceived discount.
REQUIRED:
a Journalize double entry the above transactions of Kenangan Sdn Bhd for the month of March
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please help to do the calculation and answer of the question please
double entry please for each
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