Question: Question 1,2 & 3 based on the given information. Herd Bhd. Statement for May 2021 May 1st, 2021 Herd Bhd. started it business with RM

Question 1,2 & 3 based on the given information. Herd Bhd. Statement for May 2021 May 1st, 2021 Herd Bhd. started it business with RM 10,000 cash and deposited a cheque for RM 25,000 in the bank. Below are the detailed of it business transactions. Date Particulars 6 Bought machine on credit from Astra Holding amounting RM 5,000 9 Assessment fees paid to Sino auditor on by cheque RM 1,500 20 Sales received from Rauhi Enterprise. by cash RM 20,000 30 Paid monthly rental RM 2,000 by cash to Mr. Ikram 9 1. Prepare a General Journal for the transactions above. (10 marks) 2. Prepare a double entries account (T account ) for the transaction given above. (10 marks) 3. Prepare a trial balance document for the transaction given above. (10 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Question 1,2 & 3 based on the given information Herd Bhd. Statement for May 2021 May 1st, 2021 Herd Bhd. started it business with RM 10,000 cash and deposited a cheque for RM 25,000 in the bank....

Hello, I need help with with Return of the Tallahassee Beancounters Case (the 2010 version). The solution and teachers handouts for the 2003 version have already been made available, however it's...

Need the answer to Part C question only questions regarding the Step 2 - 7th question. Term Project Part A: Understanding Financial Statements Locate and use an annual report STEP 1: The Company...

Just need answer to part C question step 1, chart of accounts(1st question in step 1). Only need answer to that. Term Project Part A: Understanding Financial Statements Locate and use an annual...

Need a sample answer for part C. Looking for a tutor to answer this question for the tutor credits I have. Would be a great help if someone would work with this price. Thanks a lot, really appreciate...

Only Need a the answer for STEP 1 of "PART C" Need a sample answer doesn't have to be extremely detailed or anything. Term Project Part A: Understanding Financial Statements Locate and use an annual...

Thomas Book Sales, Inc., supplies textbooks to college and university bookstores. The books are shipped with a proviso that they must be paid for within 30 days but can be returned for a full refund...

On December 31, 2008, Pico acquired $250,000 par value of the outstanding $1,000,000 bonds of its subsidiary, Sico, in the market for $200,000. On that date, Sico had a $100,000 premium on its total...

Basic Inc. financial statements are presented in the table below. Based on the information in the table, calculate the firm's acid-test ratio (quick ratio). Round the answers to two decimal places...

Thai Mu, handed you the below client's case: Marketing is considered the most function in any business. Marketing is essential since its success uis directly related to the sales level. You covered...

Why are ethical considerations an imperative in HR research? a Because the ends justify the means. b Because research, like HR, is an inherently bureaucratic process. c Because adherence to a...

Which of the following is a purpose of standards in management and HR? a To provide the basis for ethical and effective professional activity. b To increase efficiency and consistency of HR practices...

How effective are your reading and notetaking habits and strategies? In previous assignments how easy has it been to write an overview of what you have read about a topic? How organised is your...