Assigment (clo2)

DATE ASSET liabilities EQUITY

ACCOUNT
  CASH EQUIPMENT ARAI CAPITAL WITHDRAWAL REVENUE EXPENCES
PAYBLE
Jul-01 RM41,000.00     RM41,000.00      
Jul-02 (RM500.00) RM500.00          
(RM2,500.00
Jul-05 RM5,000.00 RM2,500.00        
)
Jul-07 (RM700.00)           (RM 700.00)
Jul-15 (RM200.00)           (RM200.00)
(RM1,500.00
Jul-20       (RM1,500.00)    
)
Jul-22 RM2,300.00         RM2,300.00  
  RM37,900.00 RM5,500.00 RM2,500.00 RM41,000.00 (RM1,500.00) RM2,300.00 (RM900.00)
  RM43,400.00 RM43,400.00

Journal Entries arai Printing Shop

Dat
e   Accounts Ref. Debit Credit
July 1 Cash 101 $ 41,000  
    Arai Capital 301   $ 41,000
July 2 equipments 102 $ 500  
  cash 101   $ 500
July 5 equipments 102 $ 5,000  
  Cash 101   $ 2,500
Accounts
    Payable 201   $ 2,500
July 7 rental expencses 304 $ 700  
    Cash 101   $ 700
1 Telephone
July 5 expenses 304 $ 200  
    Cash 101   $ 200
2 Withdrawal for
July 0 personal use 302 $ 1,500  
  cash 101   $ 1,500
2
July 2 revenue 303   $ 2,300
    cash 101 $ 2,300  
$ 51,200 $ 51,200
  
101   201   301   303
CASH   ACCOUNT PAYBLE   CAPITAL   EXPENSES
                     

41,000.00 -   - 2,500.00   - 41,000.00   700.00 -

- 500.00       200.00 -

- 2,500.00      

- 700.00      

- 200.00      

- 1,500.00      

2,300.00 -      
     

37,900.00 -   - 2,500.00   -
41,000.00   900.00 -
                     
                     
302   304   102    
WITHDRAWAL   REVENUE   EQUIPMENT    
                     

1,500.00 -   - 2,300.00   500.00 -      

    5,000.00 -      
         
         

1,500.00 -   - 2,300.00   5,500.00 -      

T-ACCOUNT