Required 1. General Journal 2. T Account September 2023 1 Started of business with RM 80,000 worth

Required  

1. General Journal 

 2. T Account

 

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September 2023 1 Started of business with RM 80,000 worth of cash BUSINESS TRANSACTION 2 Borrowed RM 50,000 from bank at an interest rate of 5% per annum for a term of 3 years 3 Paid office rent by cash RM 6000 3 Purchase office equipment on credit worth RM 7670 4 Bought goods worth RM 700 from Razip Company on credit 5 Bought raw materials from Zaid Company by cash RM7000 6 Returned goods worth RM 500 to Razip Company in cash 7 Paid advertisement on Facebook worth RM500 by cash 8 Bought goods worth RM550 from Machelin Company in credit 8 Receive cheque from Razip Company RM 500 after deducting 5% cash discount 9 Return goods to Machelin Company worth RM200 in cash 9 Bought goods worth RM350 from Zamrud Company with credit 10 Bought goods worth RM 500 From Syamsul company with credit 11 Sold goods by cash to Marekan Company worth RM1300 12 Paid RM700 in cash for maintenance 13 Returned goods worth RM 200 to Syamsul Company on cheque 14 Goods return by Zamrud Company worth RM280 in cash 15 Bought goods on credit from Sabariah Company worth RM620 with 6% discount 16 Use cheque to paid RM800 for utilities 17 Rizqi Company purchase goods worth RM500 on credit 18 Bought goods worth RM 600 from Fabiens Company on credit 18 Paid for wages in cash worth RM900 19 Bought goods worth RM250 from Rizqi Company on credit 19 Sold goods worth RM500 on credit to Fabiens Company 20 Returned goods worth RM 50 Rizqi Company in cheque 21 Return defective goods to Fabiens Company RM400 in cash 22 Sold goods on credit to Marikan Company worth RM600 22 Afiq Company purchase goods on credit for RM2340 23 Aziz Company bought goods on credit using SpayLater for RM999 23 Cash sales from Afiq Company worth rm8115 24 Lukman Company bought goods worth RM 367 by credit 24 Paid Syamsul Company to settle debt by cheque RM1000 and receive 10% discount 25 Paid cash to Lukman Company worth RM367 as a full settlement of debt, as a reward, allowed discount of 7% 26 The Company paid insurance worth RM800 in cash 27 The company received RM400 from Zaid Company by cash 27 Received RM550 from Aziz Company by cash 28 Received by cheque RM600 from Lukman Company 29 the company received cash in RM400 from Zamri Company 30 The company withdraw the money by cash worth RM440 30 The company withdraw goods worth RM470 in cash September 2023 1 Started of business with RM 80,000 worth of cash BUSINESS TRANSACTION 2 Borrowed RM 50,000 from bank at an interest rate of 5% per annum for a term of 3 years 3 Paid office rent by cash RM 6000 3 Purchase office equipment on credit worth RM 7670 4 Bought goods worth RM 700 from Razip Company on credit 5 Bought raw materials from Zaid Company by cash RM7000 6 Returned goods worth RM 500 to Razip Company in cash 7 Paid advertisement on Facebook worth RM500 by cash 8 Bought goods worth RM550 from Machelin Company in credit 8 Receive cheque from Razip Company RM 500 after deducting 5% cash discount 9 Return goods to Machelin Company worth RM200 in cash 9 Bought goods worth RM350 from Zamrud Company with credit 10 Bought goods worth RM 500 From Syamsul company with credit 11 Sold goods by cash to Marekan Company worth RM1300 12 Paid RM700 in cash for maintenance 13 Returned goods worth RM 200 to Syamsul Company on cheque 14 Goods return by Zamrud Company worth RM280 in cash 15 Bought goods on credit from Sabariah Company worth RM620 with 6% discount 16 Use cheque to paid RM800 for utilities 17 Rizqi Company purchase goods worth RM500 on credit 18 Bought goods worth RM 600 from Fabiens Company on credit 18 Paid for wages in cash worth RM900 19 Bought goods worth RM250 from Rizqi Company on credit 19 Sold goods worth RM500 on credit to Fabiens Company 20 Returned goods worth RM 50 Rizqi Company in cheque 21 Return defective goods to Fabiens Company RM400 in cash 22 Sold goods on credit to Marikan Company worth RM600 22 Afiq Company purchase goods on credit for RM2340 23 Aziz Company bought goods on credit using SpayLater for RM999 23 Cash sales from Afiq Company worth rm8115 24 Lukman Company bought goods worth RM 367 by credit 24 Paid Syamsul Company to settle debt by cheque RM1000 and receive 10% discount 25 Paid cash to Lukman Company worth RM367 as a full settlement of debt, as a reward, allowed discount of 7% 26 The Company paid insurance worth RM800 in cash 27 The company received RM400 from Zaid Company by cash 27 Received RM550 from Aziz Company by cash 28 Received by cheque RM600 from Lukman Company 29 the company received cash in RM400 from Zamri Company 30 The company withdraw the money by cash worth RM440 30 The company withdraw goods worth RM470 in cash

Answer rating: 100% (QA)

1General Journal Date Account Title Debit RM Credit RM Sep 1 Cash 80000 Owners Capital 80000 Sep 2 Cash 50000 Bank Loan 50000 Sep 3 Office Rent Expense 6000 Cash 6000 Sep 3 Office Equipment 7670 Accou... View the full answer