PaAICulursApril IZUCK Startedbusi nessWHhandacushRm 20000KM 40,000inbank.4He bought secunahand renicle for RM 25,060 on (redit12Hepuid rentkm 3000inCheque15Purchase goodsCredifRM 700 from samon18Sold gordceditto Alya (Rm500)infuy Paid utilHty bilBought20RM 250In Cash22cumputer(RM 4000)I puy km 2o00 in Cush undRm d000oncredit25SetfleSummoneykm 250029Pay ralaryChequeinRequirement) Journal aman dKhasLedijer1)Inai balanie

Accounts are maintained from daily transactions.

PAAICulurs April 1 ZUCK Started a busi ness WHh cush Rm 200 00 and RM 40,000 in bank. 4 He bought secundhanu venicle for Rm 25, 060 on (redit 12 He paid rent km 3000 in Cheque 15 Purchase goods on credif RM 700 from sam 18 Sold gold in aedit to Alyu (Rm 500) fay Puid utilty bil In Cash 20 RM 250 22 (RM 4000), puy Rm 2o0u 1n Cush und on Credit. money Rm d000 25 Setfle Sum 29 Pay falary km 2500 in cheque Requirement ) Journal am and Khas ) Lediger 1) 1nai balanie

PAAICulurs April 1 ZUCK Started a busi ness WHh cush Rm 200 00 and RM 40,000 in bank. 4 He bought secundhanu venicle for Rm 25, 060 on (redit 12 He paid rent km 3000 in Cheque 15 Purchase goods on credif RM 700 from sam 18 Sold gold in aedit to Alyu (Rm 500) fay Puid utilty bil In Cash 20 RM 250 22 (RM 4000), puy Rm 2o0u 1n Cush und on Credit. money Rm d000 25 Setfle Sum 29 Pay falary km 2500 in cheque Requirement ) Journal am and Khas ) Lediger 1) 1nai balanie

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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