TRANSACTIONS

DATE TRANSACTIONS
March 1 Started business, putting RM 80000 into a business bank account.
2 Bought a motor van RM 15000 from Ah Lek Sdn Bhd on credit.
2 Withdraw RM 10000 from business bank account for business use.
3 Bought an office furniture RM 5000 from Vono Enterprise on credit.
5 Bought 1500 units of plate @ RM 10 each from Zaidi Enterprise on credit.
6 Returned 20 units of plate @ RM 10 each to Zaidi Enterprise due to damaged.
6 Purchase 1000 units of bowl RM 8 each from Amira Sdn Bhd on credit.
7 Sold 1000 units of plate @ RM 20 each to Fitrail Enterprise.
8 Returned 10 units of bowl @ RM 8 each to Amira Sdn Bhd due to damaged.
12 Purchase 2000 units of mug @ RM 5 each and 1000 units of glass @ RM 7
each on credit from Chen Soon Trading.
14 Add RM 1000 cash into the business.
16 Returned 30 units of mug @ RM 5 each due to damaged to Chen Soon
Trading.
18 Fitrail Enterprise returned 10 units of plate @ RM 20 each.
18 Sold 10 units of plates @ RM 20 each to Laili on cash.
20 Sold 500 units of bowl @ 16 each to Dengkur Enterprise on credit.
21 Dengkur Trading returned 5 units of bowl @ RM 16 each to us.
21 Sold 1000 units of mug @ RM 10 each and 500 units of glass @ RM 14 each
to Jaya Trading.
25 The owner takes out 3 units of plate @ RM 10 each and 5 units of mug @
RM 5 each for her personal use.
26 Received cheque from Dengkur Trading RM 7920 for bowl bought earlier 495
units @ RM 16 each.
28 Jaya Trading returned 10 units of glass @ RM 14 each due to damaged.
30 Paid by cheque RM 14600 for purchase made from Zaidi Enterprise after
received discount RM 200.
30 Paid salaries by cheque RM 900 each for 2 person.

31 Paid rental of building RM 1000 by cash.

GENERAL JOURNAL

DATE PARTICULARS FOL DEBIT CREDIT

March

1
Bank GL1 80 000
Capital GL1 80 000
(Brought cash into bank account to started a
business)

2 Motor Van GL1 15 000

A/Payable- Ah Lek Sdn Bhd GL2 15 000
(Bought non-current assets on credits)

3 Office Furniture GL2 5 000

A/Payable Vone Enterprise GL3 5 000
(Bought new non-current asset on credit)

25 Drawings GL4 50
Purchases GL3 50
(Owner took good for personal use)

100 050 100 050

PURCHASE JOURNAL
DATE PARTICULARS FOL AMOUNT (RM)
March
5 A/Payable- Zaidi Enterprise PL1 15 000

6 A/Payable- Amira Sdn Bhd PL1 80 000

12 A/Payable-Chen Soon Trading PL1 17 000

31 Total Debited Purchases GL3 40 000

SALES JOURNAL
DATE PARTICULARS FOL AMOUNT (RM)
March
7 A/Receivable-Fitrail Enterprise SL1 20 000

20
A/Receivable- Dengkur Enterprise SL1 8 000

21 A/Receivable- Jaya Trading SL1 17 000

31 Total Credited Sales GL4 45 000

RETURN OUTWARD JOURNAL

DATE PARTICULARS FOL AMOUNT (RM)
March
6 A/Payable- Zaidi Enterprise PL1 200

8 A/Payable- Amira Sdn Bhd PL1 80

16 A/Payable- Chen Soon Trading PL1 150

31 Total Credited Return Outward GL3 430

RETURN INWARD JOURNAL

DATE PARTICULARS FOL AMOUNT (RM)

March
6 A/Receivable- Fitrail Enterprise SL1 200

8 A/Receivable- Dengkur Trading SL1 80

16 A/Receiveble- Jaya Trading SL1 140

31 Total Debited Return Inward GL4 420

CASH RECEIPTS JOURNAL
 DISCOUNT ACCOUNT
DATE ACC CREDITED FOL BANK CASH ALLOWED RECEIVEBLE SALES OTHERS
(DR) (DR) (DR) (CR) (CR) (CR)
March
2 Bank GL1 10 000 10 000

14 Capital GL1 1 000 1 000

18 Sales GL4 200 200

26 A/Receiveble SL1 7920 7920

Dengkur Trading

Subtotal 7920 11 200 7920 200 11 000

CASH PAYMENT JOURNAL
 DISCOUNT ACCOUNT
DATE ACC DEBITED FOL BANK CASH RECEIVE PAYABLE PURCHASES
(CR) (CR) (CR) (DR) (DR)
March
2 Cash GL2 10 000

30 A/Payable PL1 14 600 200 14 800

Zaidi Enterprise

30 Salaries GL5 1 800

26 Rental GL5 1 000

Subtotal 26 400 1 000 200 14 800