SALES JOURNAL Date Accounts Debited Terms Accounts Receivable (Dr) Sales (Cr) RM 2020 2/10 , n/30 2/10 , n/30 2/15 , n/30 2/10 , n/30 January 5 ALI TRADING 45,000 7 LIM TRADING 13 ABDUL 19 SYAF...


Post all journal entries into general ledger ( in columnar form )


SALES JOURNAL<br>Date<br>Accounts Debited<br>Terms<br>Accounts<br>Receivable (Dr)<br>Sales (Cr)<br>RM<br>2020<br>2/10 , n/30<br>2/10 , n/30<br>2/15 , n/30<br>2/10 , n/30<br>January 5<br>ALI TRADING<br>45,000<br>7 LIM TRADING<br>13 ABDUL<br>19 SYAF TRADING<br>31<br>25,000<br>7,500<br>35,000<br>Total<br>112,500<br>PURCHASE JOURNAL<br>Account Credited<br>Purchase (Dr)<br>Accounts Payable<br>(Cr)<br>RM<br>Date<br>Terms<br>2020<br>January 3<br>2/10 , n/30<br>2/10 , n/30<br>2/10 , n/30<br>2/15 , n/30<br>JING TRADING<br>30,000<br>11 POP TRADING<br>20,000<br>23 LILI TRADING<br>26 LOLO TRADING<br>31<br>15,000<br>25,000<br>Total<br>90,000<br>CASH RECEIPTS JOURNAL<br>Date<br>Account Credited<br>Cash<br>Bank<br>Sales Discount (Dr)<br>(Dr)<br>RM<br>(Dr)<br>RM<br>RM<br>2020<br>January 1<br>Сapital<br>200,000<br>10 Account Receivable – ALI<br>44,100<br>900<br>TRADING<br>12<br>Account Receivable - LIM<br>24,500<br>500<br>TRADING<br>28<br>Account Receivable –<br>34,300<br>700<br>SYAF TRADING<br>31<br>Total<br>302,900<br>2,100<br>

Extracted text: SALES JOURNAL Date Accounts Debited Terms Accounts Receivable (Dr) Sales (Cr) RM 2020 2/10 , n/30 2/10 , n/30 2/15 , n/30 2/10 , n/30 January 5 ALI TRADING 45,000 7 LIM TRADING 13 ABDUL 19 SYAF TRADING 31 25,000 7,500 35,000 Total 112,500 PURCHASE JOURNAL Account Credited Purchase (Dr) Accounts Payable (Cr) RM Date Terms 2020 January 3 2/10 , n/30 2/10 , n/30 2/10 , n/30 2/15 , n/30 JING TRADING 30,000 11 POP TRADING 20,000 23 LILI TRADING 26 LOLO TRADING 31 15,000 25,000 Total 90,000 CASH RECEIPTS JOURNAL Date Account Credited Cash Bank Sales Discount (Dr) (Dr) RM (Dr) RM RM 2020 January 1 Сapital 200,000 10 Account Receivable – ALI 44,100 900 TRADING 12 Account Receivable - LIM 24,500 500 TRADING 28 Account Receivable – 34,300 700 SYAF TRADING 31 Total 302,900 2,100
CASH PAYMENTS JOURNAL<br>Date<br>Account Debited<br>Cash<br>Bank<br>Purchase<br>(Cr)<br>Discount(Cr)<br>(Cr)<br>RM<br>RM<br>RM<br>2020<br>January 12 Account Payable –<br>29,400<br>600<br>JING TRADING<br>17 Utilities Expense<br>18 Salaries Expense<br>500<br>5,500<br>Account Payable –<br>POP TRADING<br>20<br>19,600<br>400<br>31<br>Total<br>500<br>54,500<br>1,000<br>GENERAL JOURNAL<br>Date<br>Accounts Titles and Explanation<br>Debit<br>Credit<br>RM<br>RM<br>2020<br>January 2 Vehicle<br>75,000<br>Notes payable<br>(Bought a vehicle from TOYOTA )<br>14 Furniture<br>Capital<br>( Brought in furniture into business )<br>16 Sales returns and allowances<br>75,000<br>7,500<br>7,500<br>500<br>Account Receivable - ABDUL<br>500<br>(Customer returned goods )<br>Account Payable - Lili Trading<br>25<br>900<br>Purchase returns and allowances<br>900<br>Returned goods to seller )<br>QUESTION :<br>1) Post all journal entries into general ledger (in columnar form).<br>

Extracted text: CASH PAYMENTS JOURNAL Date Account Debited Cash Bank Purchase (Cr) Discount(Cr) (Cr) RM RM RM 2020 January 12 Account Payable – 29,400 600 JING TRADING 17 Utilities Expense 18 Salaries Expense 500 5,500 Account Payable – POP TRADING 20 19,600 400 31 Total 500 54,500 1,000 GENERAL JOURNAL Date Accounts Titles and Explanation Debit Credit RM RM 2020 January 2 Vehicle 75,000 Notes payable (Bought a vehicle from TOYOTA ) 14 Furniture Capital ( Brought in furniture into business ) 16 Sales returns and allowances 75,000 7,500 7,500 500 Account Receivable - ABDUL 500 (Customer returned goods ) Account Payable - Lili Trading 25 900 Purchase returns and allowances 900 Returned goods to seller ) QUESTION : 1) Post all journal entries into general ledger (in columnar form).
Jun 11, 2022
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