Question 1

1st step
Date Transaction Debit (RM) Credit(RM)
March 1 Cash 1,500
Capital 1,500
2 Purchase 296
Creditor- Hanson 296
3 Rent Expenses 28
Cash 28
4 Bank 1,000
Cash 1,000
6 Debtor- E. Linton 54
Sales 54
8 Stationery expenses 15
Bank 15
10 Cash 49
Sales 49
11 Creditor- Hanson 17
Purchase return 17
12 Debtor-S. Morgan 29
Sales 29
14 repair expenses 18
Cash 18
15 Sales return 14
Debtor- E.linton 14
16 Creditor- Hanson 279
Bank 279
17 Purchase 125
Cash 125
19 Motor van 395
bank 395
29 Motor expenses 15
Cash 15
30 Office equipment 120
Creditor- webster 120

3rd step
Trial balance
Debit (RM) Credit(RM)
cash 363
capital 1,500
purchase 421
Rent expenses 28
Bank 311
Debtor -E. Linton 40
Sales 132
Stationery expenses 15
Purchasse return 17
Debtor -S. Morgan 29
repairs expenses 18
Sales return 14
Motor van 395
Motor expenses 15
Office equipment 120
Creditor-Webster 120
1,769 1,769
2nd step
Cash
RM RM
March 1 Capital 1,500 March 3 Rent exp 28
10 Sales 49 4 Bank 1,000
14 repairs exp 18
17 Purchase 125
29 motor expenses 15
30 Balance c/f 363
1,549 1,549
Apr 1 Balance b/f 363
Capital
RM
March 30 Balance c/f 1,500 March 1 cash 1,500
Apr 1 Balance b/f 1,500

Purchase
RM RM
March 2 Creditor-Hanson 296 March 30 Balance c/f 421
17 Cash 125
421 421
Apr 1 Balance b/f 421

Creditor-Hanson
RM RM
March 11 Purchase return 17 March 2 Purchase 296
16 Bank 279
296 296

Rent expenses
RM RM
March 3 cash 28 March 30 Balance c/f 28
Apr 1 Balance b/f 28

Bank
RM RM
March 4 cash 1,000 March 8 Stationery expenses 15
16 Creditor-Hanson 279
19 Motor van 395
30 Balance c/f 311
1,000 1,000
Apr 1 Balance b/f 311
 Debtor -E. Linton
RM RM
March 6 Sales 54 March 15 Sales return 14
30 Balance c/f 40
54 54
Apr 1 Balance b/f 40
Sales
RM RM
March 30 Balance c/f 132 March 6 Debtor -E. Linton 54
10 Cash 49
12 Debtor- S. Morgan 29
132 132
Apr 1 Balance b/f 132

Stationery expenses
RM RM
March 8 Bank 15 March 30 Balance c/f 15
Apr 1 Balance b/f 15

Purchasse return
RM RM
March 30 Balance c/f 17 March 11 Creditor- Hanson 17
Apr 1 Balance b/f 17

Debtor -S. Morgan

RM RM
March 12 Sales 29 March 30 Balance c/f 29
Apr 1 Balance b/f 29

repairs expenses
RM RM
March 14 Cash 18 March 30 Balance c/f 18
Apr 1 Balance b/f 18

Sales return
RM RM
March 15 Debtor- E. Linton 14 March 30 Balance c/f 14
Apr 1 Balance b/f 14

Motor van
RM RM
March 19 Bank 395 March 30 Balance c/f 395
Apr 1 Balance b/f 395

Motor expenses
RM RM
March 29 cash 15 March 30 Balance c/f 15
Apr 1 Balance b/f 15

Creditor-Webster
RM RM
March 30 Balance c/f 120 March 30 Motor expenses 120
Apr 1 Balance b/f 120

Office equipment
RM RM
March 30 Creditor webster 120 March 30 Balance c/f 120
Apr 1 Balance b/f 15
 2nd step
Question 2
1st step
Date Transaction Debit (RM) Credit(RM) July 8
July 1 bank 8,000 28
Capital 8,000
5 Stationery expenses 30
Bank 30 Áug 1
6 Purchase 900
Creditor- I walsh 900
8 cash 180
sales 180
9 Insurance expenses 40
cash 40 March 30
10 machinery 500
Creditor- H. Morgan 500
11 Machinery exp 50
Bank 50
13 Debtor- D. small 320
Sales 320 July 6
15 Creditor- I walsh 70 Aug 1
Purchase return 70
17 Wages exp 18
Cash 18
20 Rent exp 100
Bank 100 July 15
22 bank 200 31
Debtor- D. small 200
23 Creditor- H. Morgan 500
Bank 500
24 Stationery expenses 80
Creditor- Express Ltd 80
25 Debtor- N. Thomas 230
Sales 230 July 9
28 Cash 20 Aug 1
Rental revenue 20
31 Creditor- Express Ltd 80
Bank 80
July 1
22
3rd step
Trial balance
Debit (RM) Credit(RM)
Aug 1

July 13

Aug 1

July 31

July 5
24

Áug 1

July 31

July 17
Áug 1

July 20
Áug 1

March 15
Áug 1

July 31
Áug 1

July 11
Áug 1

July 23

July 10
Áug 1

July 25

Áug 1

July 31
 Cash
RM RM
Sales 180 July 9 Insurance exp 40
Rental revenue 20 17 wages exp 18
31 Balance c/f 142
200 200
Balance b/f 142

Capital
RM
Balance c/f 8,000 July 1 Bank 8,000
Aug 1 Balance b/f 8,000

Purchase
RM RM
Creditor- I. Walsh 900 July 31 Balance c/f 900
Balance b/f 900

Creditor-I. Walsh
RM RM
Purchase return 70 July 6 Purchase 900
Balance c/f 830
900 900
Aug 1 Balance b/f 830

Insurance expenses
RM RM
cash 40 July 31 Balance c/f 40
Balance b/f 40

Bank
RM RM
capital 8,000 July 5 Stationery exp 30
Debtor-D.Small 200 11 machinery exp 50
20 rent exp 100
23 Creditor-Hmorgan 500
31 Creditor- Express Ltd 80
Balance c/f 7,440
8,200 8,200
Balance b/f 7,440

Debtor -D.Small
RM RM
Sales 320 March 15 Sales return 14
22 Bank 200
31 Balance c/f 106
320 320
Balance b/f 106

Sales
RM RM
Balance c/f 730 July 8 cash 180
13 Debtor -D.Small 320
25 Debtor- N. Thomas 230
132 730
Áug 1 Balance b/f 730

Stationery expenses
RM RM
Bank 30 July 31 Balance c/f 110
Creditor-Express LTD 80
110 110
Balance b/f 110

Purchasse return
RM RM
Balance c/f 70 July 15 Creditor-I. Walsh 70
Áug 1 Balance b/f 70

wages exp
RM RM
cash 18 July 31 Balance c/f 29
Balance b/f 29

rent expenses
RM RM
bank 100 July 31 Balance c/f 100
Balance b/f 100

Sales return
RM RM
Debtor- E. Linton 14 July 31 Balance c/f 14
Balance b/f 14

Creditor-Express Ltd
RM RM
Bank 80 July 24 Stationery exp 80
Balance b/f 80

machinery exp
RM RM
Bank 50 July 31 Balance c/f 50
Balance b/f 50

Creditor-H. Morgan
RM RM
bank 500 July 10 Machinery 500

Machinery
RM RM
Creditor H morgan 500 July 31 Balance c/f 500
Balance b/f 500

Debtor -N. thomas

RM RM
Sales 230 March 15 Sales return 14
22 Bank 200
July 31 Balance c/f 16
230 230
Balance b/f 16

rental revenue
RM
Balance c/f 20 July 29 cash 20
Aug 1 Balance b/f 20