Question

Sen Dai ends are a Recording the Accounting Information 63 discount, fRM1,550. 11 Aug 12 Aug 20 ore 15 Aug 16 Aug 19 Aug 20 Aug 20 Aug 23 Aug Salaries paid amounting to RM250 by cheque Cash sales received, RM290 Travelling expenses worth RM40 paid by cash Paid water bill of RM410 by cheque P Took out cash of RM150 for personal use Purchases made by cheque amounting to RM320 Stationery expenses by cash worth RM3010 dana bora Paid cash, RM350, into bank SEME Deposited RM500 by cheque into the business to Purchased computer for RM2,500 and paid by cheque bobina Received a cheque amounting to RM1,000 from John as a loan Returned goods worth RM170 and received a cash refund Paid insurance of RM280 in cash 000 M osuperb Withdrew cash of RM180 from bank Received a cheque from Netload Trading for RM350 after deducting RM10 cash discount 3.00 24 Aug 25 Aug 26 Aug 2,185 of an 26 Aug 1,660 unt 27 Aug 29 Aug 30 Aug 3,245 30 Aug 30 Aug 30 Aug 750 Received a cheque from Hudson for RM580 after deducting RM15 cash discount Paid Chairs Enterprise a cheque for RM190 after deducting RM20 cash discount Received a cheque from English Carpets worth RM100 after deducting RM70 cash discount. However, the cash discount was not allowed Paid Cabin Trading a cheque of RM500 on account Paid Donald Sdn. Bhd. a cheque of RM500 after deduction of RM25 cash discount 500 20 30 Aug 30 Aug 800 Required: a. Enter the above details in a three-column cashbook.

1.Journal entries

2.Post the journal entries to ledger.

3.Trial balance.

Answer 1

CASH BOOK
(Debit) -RM							(Credit) -RM
Date	Description	VN	PR	Discount	Cash	Bank	Date	Description	VN	PR	Discount	Cash	Bank
2015							2015
August							August
1	Balance b/d				860	1950	3	Purchases				230
4	Sales					470	7	Electricity					510
10	Sales					380	11	Salaries					250
12	Sales				290		15	Travelling Expense				40
23	Cash		C			350	16	Water Bill					410
24	Capital					500	19	Drawings				150
26	Loan from John					1000	20	Purchases					320
26	Purchase return				170		20	Stationary Expense				30
29	Bank		C		180		23	Bank		C		350
30	Netload Trading			10		350	25	Computer					2500
30	Hudson			15		580	27	Insurance expense				280
30	English Carpets					100	29	Cash		C			180
							30	Chairs Enterprise			20		190
							30	Cabin Trading					500
							30	Donald Sdn. Bhd.			25		500
							30	Balance c/d				420	320
				25	1500	5680					45	1500	5680
Sep-01	Balance b/d				420	320

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VN	Voucher number
PR	Post reference

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