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Adjustment: Using the trial balance prepared in 1(b), adjust the trial balance figures based on...

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Accounting

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Adjustment: Using the trial balance prepared in 1(b), adjust the trial balance figures based on the additional information given here: 1. The owner has used RM100 cash of the business fund for his personal use. This transaction has not been recorded yet. 2. A telephone bill of RM600 that was paid by cash has not been recorded yet. 3. The owner has purchased another second-hand motor vehicle that cost him RM12,000 which he paid in cash. This amount has not been recorded in any accounts. Show your working: Example: For example, Item (11,000 - 2.000 + 600 - 3,000) (Original amount Adjustment 1 + Adjustment 2 Adjustment 3) Credit RM Debit Trial Balance items After Adjustment: RM Example: Inventory (11.000 - 2.000 + 600 - 3.000) 6,600 (Do not need to calculate the total for Debit and Credit columns)

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