Question: Tutorial 1 - (Chapter 3 - Journal & Ledger) Below are the transactions for Sun Enterprise for the month of July 2019. Record the transactions
Tutorial 1 - (Chapter 3 - Journal & Ledger) Below are the transactions for Sun Enterprise for the month of July 2019. Record the transactions in the respective journals and post to the respective ledger accounts and trial balance as of 31st July 2019. July Started a business with RM8 500 cash. 3 Put RM6 500 of the cash into bank account. 4 Bought stationery for cash RM550. 6 Purchased motor vehicles on credit from Kahaya Sdn.Bhd RM20 000. 9 Received cheque RM5 000 being loan from Alliaz Sdn. Bhd. 12 Paid wages for cash RM350. 18 Paid rent by cheque RM500. Bought office furniture on credit from Muji Furnitures RM5 000. The owner took RM200 cash for personal use. 30 Paid Muji Furnitures RM 1000RM by cheque for the office furniture bought on 20 July 31 Paid telephone bills RM150, electricity bills RM100, and sundry expenses RM80, all by cash. 20 24
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
