i need help. tq Cough Pharmacy sells medicine products to local...
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Accounting
i need help. tq
Cough Pharmacy sells medicine products to local residents. The business owned by Ms. Sara. The following shows the list of transactions occurred in the month of August 2019. 1. 2. 3. 4. 5. Ms Sara contributed RM50,000 cash into the business. Cough Pharmacy opens a current account with a bank and deposits RM20,000 cash into the account. Hired a new employee at a salary of RM2,000 payable monthly Purchased medicine supplies from Nazz Supply on credit, RM10,000. Purchased display shelves with a total cost RM10,000 from ZIKEA Enterprise, paying RM1,000 in cash and signing a promissory note for RM9,000. Sold medicine to customers in cash RM5,000. The business bought a new computer RM3,000 from PC World Sdn Bhd. Ms Sara paid RM1,000 deposit by cash and the rest would be on credit. 6. 7. 2 8. 9. 10. 11. 12 Settled the amount owing to Zass Enterprise by cash RM3,500, receiving RM500 cash discount. Ms Sara withdrew RM500 cash from the business for personal use. Paid utilities expenses by cash RM400. Transferred RM1,000 cash into business bank account. Paid salary to employee for the month RM2,000 in cash. Required: State journal entries to record the above transactions

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