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  3. also, close the ledger for activity 4.4 and prepa

Also, Close the ledger for activity 4.4 and prepare the Trial balance. EXERCISE...

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Also, Close the ledger for activity 4.4 and prepare the Trial balance.

EXERCISE 4.4 Encik Farid, a sole trader, started his business on 1 May 2013 nder the name Farid Enterprise. May, 2013 01 04 05 12 14 20 He brought in cash RM50,000 and a used motor van valued at RM25,000 for business purposes. Opened a business current account at Bumiputra Commerce Berhad and banked in RM45,000 cash. Purchased office supplies on credit RM550. Purchased office equipment for RM5,500, paying RM3,000 in cash and signed a 30 day note payable for RM2,500. Paid office rent RM900 by cheque. Paid RM200 cash on account for office supplies purchased in transaction. RM500 was paid in advance for advertising. Paid RM3,000 cash for office salaries and another RM200 is still owing. Encik Farid withdrew RM1,000 cash for his own use. Received commission RM750 by cheque. 21 22 25 27 Journalise the following business transactions of Encik Farid in General Journal form. You may omit the explanation of the transactions

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