Question: SECTION A: CALCULATION Answer ALL questions. This section carries 80 marks. QUESTION 1 Show the double entry and ledgers for the following transactions. I. Bought

SECTION A: CALCULATION Answer ALL questions. This section carries 80 marks.

SECTION A: CALCULATION Answer ALL questions. This section carries 80 marks. QUESTION 1 Show the double entry and ledgers for the following transactions. I. Bought premise for RM100 000 cash. II. Started business with RM140 000 cash and RM80 000 of bank. III. Paid debt of RM46 000 by cheque to Lina Enterprise. IV. Sold merchandise for RM1000 cash. V. Sales on credit to Mas Trading for RM1000 (10

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