Scribd Logo
Upload

Welcome to Scribd!

  • Seminar 1 Assignment

    Uploaded by

    Jumriati Tanreng
    20 views2 pages
    This document contains journal entries for two companies, Tea Products and Pietagoras Ent, for the months of June 2018 and January 2017 respectively. For Tea Products, the entries record various transactions including the purchase of display racks, drawings, purchases from suppliers, sales, loan proceeds, rent payments, and cash receipts. For Pietagoras Ent, the entries record cash receipts, purchases, sales, purchase of furniture, drawings, and receipt of payment from a customer with a discount allowed.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document contains journal entries for two companies, Tea Products and Pietagoras Ent, for the months of June 2018 and January 2017 respectively. For Tea Products, the entries record various transactions including the purchase of display racks, drawings, purchases from suppliers, sales, loan proceeds, rent payments, and cash receipts. For Pietagoras Ent, the entries record cash receipts, purchases, sales, purchase of furniture, drawings, and receipt of payment from a customer with a discount allowed.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    20 views2 pages

    Seminar 1 Assignment

    Uploaded by

    Jumriati Tanreng
    This document contains journal entries for two companies, Tea Products and Pietagoras Ent, for the months of June 2018 and January 2017 respectively. For Tea Products, the entries record various transactions including the purchase of display racks, drawings, purchases from suppliers, sales, loan proceeds, rent payments, and cash receipts. For Pietagoras Ent, the entries record cash receipts, purchases, sales, purchase of furniture, drawings, and receipt of payment from a customer with a discount allowed.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    JUNE 2018 Question 2 – Tea Products

    DATE EFFECTS JOURNAL ENTRIES BOPE


    1/6/18 Increase in Asset Dr – Asset (Display Rack) RM7,300.00 General Journal
    Increase in Liability Cr – AP (Sykt ABV S/B) RM 7,300.00
    3/6/18 Decrease in Capital (Cash) Dr – Drawings RM350.00 General Journal
    Decrease in Expenses (Goods) Cr – Purchases RM150.00
    Decrease in Assets (Cash) Cr – Cash RM200.00
    4/6/18 Increase in Expenses Dr – Purchases RM1,500.00 Purchase Journal
    Increase in Liability Cr – AP (Cuco Ent) RM1,500.00
    10/6/18 Decrease in Expenses Dr – AP (Cuco Ent) RM100.00 Return Outwards
    Decrease in Liability Cr – Purchases RM100.00 Journal
    12/6/18 Increase Assets Dr – AR (Kedai Bonda) RM2,000.00 Sales Journal
    Increase Revenue Cr –Sales RM2,000.00
    17/6/18 Increase Assets Dr – Cash RM20,000.00 Cash Received
    Increase Capital Cr – Capital RM20,000.00 Journal
    20/6/18 Decrease Assets Dr – Return Inwards RM350.00 Return Inwards
    Decrease Revenue Cr – AR (Kedai Bonda) RM350.00 Journal
    24/6/18 Increase Assets Dr – Bank RM25,000.00 Cash Received
    Increase Liability Cr – Loan SMM Bank RM25,000.00 Journal
    28/6/18 Increase Expenses Dr – Rental RM2,500.00 Cash Payment
    Decrease Assets Cr – Bank RM2,500.00 Journal
    29/6/18 Increase Assets Dr – Cash/Bank RM1,485.00 Cash Receive
    Decrease Revenue Dr – Discount Allowed RM165.00 Journal
    Cr – AR (Kedai Bonda) RM1650.00
    JAN 2018 Question 2 – Pietagoras Ent

    DATE EFFECTS JOURNAL ENTRIES BOPE


    3/1/17 Increase Assets Dr – Cash RM30,000.00 Cash Receive
    Increase Capital Cr – Capital RM15,000.00 Journal
    Increase Liability Cr – Loan RM15,000.00
    5/1/17 Increase Assets Dr – Bank RM17,000.00 Cash Receive
    Decrease Assets Cr – Cash RM17,000.00 Journal
    12/1/17 Increase Expenses Dr – Purchases RM4,000.00 Purchase Journal
    Increase Liability Cr – AP (Adides Bhd) RM4,000.00
    16/1/17 Increase Assets Dr – AR (Qistina) RM3,000.00 Sales Journal
    Increase Revenue Cr – Sales RM3,000.00
    19/1/17 Decrease Expenses Dr – AP (Adides Bhd) RM300.00 Return Outwards
    Decrease Liability Cr – Return Outwards RM300.00 Journal
    22/1/17 Increase Assets Dr – Furniture RM2,500.00 Purchase Journal
    Increase Liability Cr – Cash RM800.00
    Decrease Assets Cr - AP (Rotan Berhad) RM1,700.00
    23/1/17 Increase Expenses Dr – Purchases RM1,000.00 Purchase Journal
    Increase Liability Cr – AP (Nikey Bhd) RM1,000.00
    25/1/17 Decrease Assets Dr – Drawing RM800.00 General Journal
    Decrease Capital Cr – Cash RM300.00
    Decrease Expenses Cr – Purchase RM500.00
    27/1/17 Increase Assets Dr – Bank RM2,800.00 Sales Journal
    Decrease Revenue Dr – Discount Allowed RM200.00
    Cr – AR (Qistina) RM3,000.00
    Nor Iwani Abd Hamid
    2019851084

    You might also like