Selling Sports Equipment Assignment

Mr. Zubir started a business selling sports equipment. The tions that occurred during January 2005. TTTTTT (C) FP 6 On 1 January 2005, Mr. Zubir started following are transactions that occurred du Particulars Date Started business with cash in hand of RM5,000 and cash at bank 2005 Dec 1 of RM20,000 Brought in a motor vehicle worth RM12,000 and furniture worth RM1,000 for business use. Purchased stationeries worth RM150 by cash.

Purchased sport rackets on credit of RM10,000 from Jaya Enterprise. Cash sales of RM1,800. Returned defective goods of RM500. Credit sales to Ms. Mahzam valued at RM8,000. Withdrawn RM3,000 cash from ATM to purchase a computer for business use. Paid premise rental of RM700 in cash. Returns inwards worth RM300. Paid Jaya Enterprise's debts by cheque and received 10% discount. Additional capital in form of cash RM4,000. Ms. Mahzam paid her debts by cheque after deducting discount received of 10% Record the transactions in the Book of Original Entry (a special day book not required) and post the entries to the ledger. Prepare the trial balance on 31 January 2005. .

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