EXERCISE

The following transaction were completed by Parit 18 Enterpise that runs a business selling
traditional cookies during March 2021:
2021 Transactions Journal
March 1 The owner invested RM100,000 as initial capital into the bank.
2 Bought a vehicle worth RM50,000 on credit by issuing Notes Payable,
5%, for a period of 5 years from Toyota Capital.
3 Purchased cookies RM30,000 from Hani Enterprise and paid by cheque
(no 515)
4 Sold merchandise on credit to Jasni Enterprise, invoice. KZ001,
RM16,800 . Terms of 2/15, n/30.
6 Sold cookies for RM10,200 to Dani Enterprise, invoice KZ002, terms
2/15, n/30
11 Purchased biscuits of RM52,600 from Doremi Enterprise, invoice H110,
terms of 2/15, n/30.
12 Jasni returned faulty goods worth RM800.
14 Received payment from Jasni Enterprise for sale on 4 March.
16 Returns damaged merchandise to Doremi Enterprise RM200.
21 Paid Doremi Enterprise for merchandise purchased on March 11 by
cheque.
22 Purchased cookies from Wali Enterprise on credit RM41,625, terms
2/15, n/30
31 Paid salaries expense, RM15,900. Cheque number 517
31 Total cash sales of merchandise amount to RM134 680.

1. Identify the appropriate journal for each transaction above. Write your answer in
column given.
2. Show all the transactions in the appropriate journal.