Question : Ledger, TB

The following transactions occur during the month:

2018
Jan 1 Ali started his business with RM 5,000 cash and RM 11,000 in the bank.
Dr cash 变多5000 Dr bank 变多 11000 Cr capital 16000
货 剩下的号码1000
1 Good purchased from XT Trading RM 1,500 of which RM 500 is paid by cash and the balance is paid by
cheque.
Cr bank 变少 1000 Cr cash 变少500 Dr purchases (E)变多1500
3 Ali brought in his personal motor car RM 8,510 and computer RM 895 for the business use.
Dr motor vehicle 变多8510 Dr officeEquipment变多 895 cr capital 变多9405
3 Cash of RM 2,500 transferred to the business bank account.
Cr cash 变少 Dr bank变多

4 Received RM 10,000 cheque as a loan from bank.

Dr bank 变多10000 Cr loanfrombank 变多10000

4 Purchased goods on credit from Syarikat Dhiba Enterprise for RM 2,855.

Cr account payable-SDE 变多2855 Dr purchases 变多2855

8 Sold goods on credit to Mei RM 1,586.

Dr Account Receivable-Mei 1586 Cr Sales买东西

9 Sold goods on credit to Mary RM 1,995.

Dr Account Receivable-Mary 1995 Cr Sales 1995

10 Cash sales of RM 2,185 banked.放进银行里面

Cr Sales 变多2185 Dr Bank变多2185

10 Office expenses paid for cash RM 259.

Cr Cash 变少259 Dr Office Expenses变多259

11 Bought fax machine RM 1,420 from Yakin ICT by cash.

Dr OfficeEquipment变多1420 Cr Cash变少1420
拿钱 放在office
13 Withdrew money from the business bank account for office use amounting to RM 2,000.
Dr Cash 变多2000 Cr Bank 变少2000

15 The following expenses are paid by cash:

Telephone bill RM 327
Water and electricity bill RM 581
Dr Telephone Expenses/Charges 327 Dr Water and Electricity 581 Cr Cash 908
还钱 欠他的钱
17 Payment of balance owing to Syarikat Dhiba Enterprise by cheque.
Dr Account Payable -Syarikat Dhiba Enterprise变少2855 Cr Bank 变少
欠 discount allowed
18 Received cheque for the amount owing by Mary and cash discount of RM 15 is allowed.

我们会收到1980的钱（1995-15）
Dr Bank 1980(Asset)变多 Dr Discount allowed(Expenses)15 Cr Account Receivable-Mary(Asset)
 18 Purchase goods on credit from Syarikat Dhiba Enterprise amounted to RM 2,635.
Cr Account Payable -Syarikat Dhiba Enterprise(Liability) Dr Purchases(Expenses)变多

20 Return goods to Syarikat Dhiba Enterprise amounted to RM 51 due to the items expired.
Cr Purchases Return Dr Account Payable -Syarikat Dhiba Enterprise
20 Borrowed to Sim Kuo RM 5,000 by cheque, receivable at year 2020. 借钱=贷款
Dr Loan to Sim Kuo(Asset) Cr Bank 变少

21 Repaid RM 1,000 by cheque for the bank loan.

Cr Bank变少 Dr Loan from bank变少
利息
21 Paid the interest charged by the bank for RM 100.
Dr Interest(Expenses) Cr Bank(还钱)
23 Cash sales of RM 3,500. Out of this, RM 3,000 is banked.
看到full settlement 一定要想
Dr Bank 变多3000 Dr Cash变多500 Cr Sales变多3500 到discount(还清所有欠的钱)

23 Cheque RM 1,580 received from Mei in full settlement of the amount owing.
Dr Discount Allowed(Expenses)6 Dr Bank(收到支票)1580 Cr Account Receivable-Mei1586

25 Sold goods to Mei for RM 3,847. Out of this, RM 847 is paid by cash and the balance will be owing by Mei.
Dr Cash变多847 Dr Account Receivable-Mei变多3000 Cr Sales变多3847
26 Received a debit note from Mei for the goods return RM 187.
Cr Account Receivable-Mei 187 Dr Sales Return 187
27 Received interest of RM 120 cash from Sim Kuo.
Cr Interest Received/Income 120 Dr Cash 变多120
27 Ali withdrew cash of RM 200 for personal use.
Cr Cash变少 Dr Drawings
28 Ali withdrew goods of RM 300 as a birthday gift to his son.
Dr Drawings 300 Cr Purchases 300
28 Ali withdrew goods of RM 180 as free sample to the customers. 打广告
Dr Advertising Expenses Cr Purchases 变少
30 Paid rent, rates and insurance by cheque for RM 2,740.
Dr Rent,Rates,Insurance(Expenses) Cr Bank(Asset)变少
30 Repairs of motor vehicle of RM 50 paid by cash.
Cr Cash变少 Dr Expenses
31 Paid Ali’s rental by cheque RM 1,000.
Dr Drawings 1000 Cr Bank 1000
31 Salaries RM 1,500 paid to staff by cheque.
Dr Salaries Cr Bank 变少
You are required to:
a) prepare ALL the Ledger accounts for the above transactions.
b) prepare the Trial Balance as at 31.01.2018.