Question 1

NOTE TO TUTOR : Kindly view and open this file link in the comment section later and do the answers in that file , save and copy the file link and send to me , TQ

Ahmed Balqis runs a bakery shop. Following were the transactions for the month of October 2019. 2019 October 1 Balances brought forward: Cash RM6,520, Bank RM22,900 October 3 Paid accounts payables by cheque; Darren RM4,400, Lee RM1,200 (before discount) and received a 5% discount on invoice totals. October 5 Cash sales RM900 October 9 Paid RM300 cash into bank account October 13 Received invoices from suppliers for accounts totals as follows: Moore RM2,640, Wan RM3,600 and William RM1,200 (before discount), paid by cheque and in each case allowing a 2.5% discount. October 19 Cash purchases RM780 October 20 Paid rent by cheque RM2,000 October 22 Received cheque of RM900 from Kasim in settlement of sales worth RM950 October 25 Cash withdrawn from bank for personal use RM300 October 29 Paid Dyla by cheque for RM850 in settlement of RM950 account balance. October 30 Received commission by cheque RM46 Required: a) Prepare the THREE column cash book for Mr Ahmed Balqis for the month of October 2019. [16 marks] b) Show the discount accounts [4 marks] [Total: 20 marks]