Reference no: EM132607861
Question - Cemara Trading is a business selling stationery. The business uses periodic inventory system in recording the inventories. The following transactions took place in the month of July 2020.
Date Transactions
July 1 Raden, the owner invested RM50,000 cash into the business.
July 2 Transferred cash of RM45,000 into bank account.
July 3 Bought goods on credit from Teguh Padu Bhd. Worth RM10,800.
July 5 Cash sales RM3,500.
July 9 Bought a computer for office use and paid by cheque RM3,450.
July 16 Issued an invoice RM2,300 for goods sold on credit to Bestari Supply Bhd.
July 21 Paid amount owed to Teguh Padu Bhd. By cheque.
July 26 Raden bought a new furniture worth of RM2,100 for his son, and paid by the business's cheque.
July 28 Issued a credit note to Bestari Supply Bhd. for goods returned worth RM200.
Required - Journalize the above transactions into General Journal.