Sammi started her business on 1 January 2021 called Trendy. You are required to prepare the GENERAL JOURNAL for the following transactions of Trendy for the first month of operations. Jan 01 Sammi...

Sammi started her business on 1 January 2021 called Trendy. You are required to prepare the GENERAL JOURNAL for the following transactions of Trendy for the first month of operations.

Jan 01
Sammi invested RM50, 000 cash into the business.
Jan 02
Trendy purchased used motor vehicle for RM20,000.
Jan 08
Trendy paid rent for RM4, 000.
Jan 08
Trendy completed work for a client and immediately received RM15, 000.
Jan 12
Sammi signed a RM50,000 small business loans with CIMB Bank under Trendy’s name.
Jan 15
Ideal Homes renovated and installed fixtures and fittings at a cost of RM3, 000. Trendy will pay the bill at a later date.
Jan 15
Trendy paid RM1, 000 cash for advertisement in a local magazine.
Jan 28
Trendy completed work for another client on credit and invoiced the client RM5, 000. The client is allowed to settle the bill within 30 days.
Jan 30
Trendy paid Ideal Homes that installed the fixtures and fittings earlier.
Jan 30
Trendy paid RM150 for usage of electricity for the month.