Question: QUESTION 1 Record the transactions below in accounting equation sheet. Date Transactions / Events 2 0 2 2 , June 1 Mr Rajaie decides to
QUESTION Record the transactions below in accounting equation sheet. Date TransactionsEvents June Mr Rajaie decides to open a trading business, called Muhibbah Enterprise. He invested cash of RM into his business. Muhibbah Enterprise bought a few sets of office equipment by cash at price of RM Muhibbah Enterprise bought stationeries from Harriz Company worth RM in cash. Muhibbah Enterprise make purchases worth RM on credit from Beep Company. Muhibbah Enterprise sold goods worth RM in cash. Muhibbah Enterprise sold goods worth RM to Munirah in credit. Mr Rajaie withdrew cash of RM from the business for his personal use. Muhibbah Enterprise received a payment from Munirah in full. Mr Rajaie took goods from the business worth RM for personal reason. Muhibbah Enterprise pay bills amount RM by cash. Muhibbah Enterprise received year loan contract and the amount disbursed for RM Muhibbah Enterprise pay salaries and rental expenses amount RM and RM respectively. Muhibbah Enterprise pay their monthly insurance expense for RM
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
