Commenced business with cash RM200,000, land RM50,000, and equipment RM35,000. Purchased...
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Accounting
Commenced business with cash RM200,000, land RM50,000, and equipment RM35,000. |
Purchased furniture of RM5,000 on account. |
Purchased supplies for a month, RM500, cash. |
Provided services to Hakimi RM1,700, on account. |
Received cash, RM500, from services performed to Saadiah. |
Received cash from Hakimi. |
Paid creditor in full for furniture purchased on October 5. |
Recorded cash collected from services revenue during October, RM8,500. |
Withdrew cash for personal use, RM500. |
Paid salaries, RM1,000 and electricity bill, RM1,500. |
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