Question: Question 3 1. Prepare the double entry for the following transactions the month of September 2018. Sep 1 Started business with RM 10,000 cash

Question 3 1. Prepare the double entry for the following transactions the

Question 3 1. Prepare the double entry for the following transactions the month of September 2018. Sep 1 Started business with RM 10,000 cash and RM 1000 computer. Transferred RM 5,000 into business bank account. Purchased equipment for RM 2,000 paying by cheque. Purchased machinery from Jammy Enterprise on credit for RM 1,200. Sep 2 Sep 4 Sep 6 Sep 7 Returned machinery worth RM 350 to Jammy Enterprise. Sep 12 Sent cheque to Jammy Enterprise to settle account.

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