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note to expert: you are required to prepare a written report for the following tasks by typing here only don't use your handwriting or pictures, please.

Transactions for the month of April of a bakery, ColaCake Enterprise are given as the following.

2021

APR 1 Initial investment to start the business with RM200,000 cash

2 Put RM90,000 of the cash into a bank account

3 Bought goods for cash RM5,500

4 Bought goods on credit from: CIKU RM800; CAKU RM930; TIKU RM160; TAKU RM510

5 Bought stationery on credit from TULIS BHD RM89

6 Sold goods on credit to: GIGA RM170; MEGA RM240; PETA RM326; TERA RM204.

8 Rent paid by cheque RM220

10 Bought fixtures & fittings by credit from TABLE BHD RM610.

11 Paid salaries in cash RM790.

14 Returned goods to CAKU RM30; TIKU RM42.

15 Bought a Mobile Lorry by cheque RM6,500.

16 Received loan from RHB BHD by cheque RM2,000.

18 Sales return from GIGA RM5; PETA RM20.

21 Cash sales RM145

24 Sold goods on credit to MEGA RM130, TERA RM410; ZETA RM158.

26 ColaCake paid the following by cheque: CAKU RM900; TIKU RM118.

29 Received cheques from ZETA RM158; MEGA RM370.

30 Received a further loan from POSB BHD by cash RM500.

30 Received RM614 cash from TERA

Q4 Prepare Statement of Profit or Loss & Statement of Financial Position.

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