Reference no: EM132990749
Question - Below are the transactions for Sun Enterprise for the month of July 2020. Record the transactions in the respective journals and post to the respective ledger accounts and trial balance as of 31st July 2020.
July 1 Started a business with RM8 500 cash.
July 3 Put RM6 500 of the cash into bank account.
July 4 Bought stationery for cash RM550.
July 6 Purchased motor vehicles on credit from Kahaya Sdn.Bhd RM20 000.
July 9 Received cheque RM5 000 being loan from Alliaz Sdn. Bhd.
July 12 Paid wages for cash RM350.
July 18 Paid rent by cheque RM500.
July 20 Bought office furniture on credit from Muji Furnitures RM5 000.
July 24 The owner took RM200 cash for personal use.
July 30 Paid Muji Furnitures RM 1000RM by cheque for the office furniture bought on 20 July.
July 31 Paid telephone bills RM.