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Enter the following transactions in the account of L. Linda: 2018 July 1 Started in business...

Enter the following transactions in the account of L. Linda: 2018 July 1 Started in business with RM 20,000 in the bank. 2 D. Rupert lent us RM 5,000 in cash. 3 Bought goods on credit from B. Brown RM 1,530 and I. Jess RM 4,162. 4 Sold goods for cash RM1,910. 6 Took RM200 of the cash and paid it into the bank. 8 Sold goods on credit to H. Rise RM1,530. 10 Sold goods on credit to P. Taylor RM341. 11 Bought goods on credit from B. Brown RM560. 12 H. Rise returned goods to us RM65 14 Sold goods on credit to G. Pate RM 535 and R. Sim RM 262. 15 We returned goods to B. Brown RM94. 17 Bought van on credit from Aberdeen Cars Ltd RM9,100. 18 Bought office furniture on credit from J. Winter Ltd RM1,800. 19 We returned goods to I. Jess RM130. 20 Bought goods for cash RM 770. 24 Goods sold for cash RM 110. 25 Paid money owing to B. Brown by cheque RM 1,924 26 Goods returned to us by G. Pate RM 34. 27 Returned some of office furniture costing RM180 to J. Winter Ltd. 28 L. Linda put a further RM2,500 into the business in the form of cash. 29 Paid Aberdeen Cars Ltd RM9,100 by cheque. 31 Bought office furniture for cash RM 365.

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Journal Entry in the Account of L. Linda:

ekkarill92 answered 2 years ago
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