SET E

Journal entries

Date Details Debit Credit

(RM) (RM)

May Bank 50,000

2020 Motor Vehicle 20,000
1 Office Furniture 30,000
100,000
-Capital

(To record capital)

2 Purchased 13,000
-Account Payable Geetha 5,000
- Account Payable Ailing 8,000

(To record Purchased Goods)

3 Cash 3,500
-Sales 3,500

(To record sales)

5 Cash 1,500
-Rent 1,500

(To record rent)

6 Account Receivable Kulati Ent. 3,000

Account Receivable Pepa Ent. 4,000
-Sales 7,000

(To record sales)

7 Purchased 1,500
-Account payable Ahtar 1,500

Purchased Return 150

-Account Receivable Pepa Ent. 150

( To record the purchase Ahtar and purchase return

Pepa Ent.)

8 Account Payable Ahtar 100

-Purchase Return 100
Wages expenses 1,000
-Bank 1,000
 (To record Return goods Ahtar and paid wages)

9 Equipment 15,000
-Account Payable Sy.Amm 15,000

(To record bought equipment from Sy.Amm)

10 Account Payable Gettha 4,500

-Bank 4,500
Account Payable Gettha 500
Discount received 500
(To record Account Payable and Discount)

11 Purchased return 200

-Account Receive Ailing 200
(To record return damage to Ailing)

12 Office Equipment 5,000

-Account payable Acc.Comp 5,000
(To record bought computer for office)

13 Sales returns 250

-Account received Kulati Entp. 250
(To record sales return)

14 Account Payable Ailing 7,500

-Bank 7,500
Account Payable Ailing 300
-Discount receive 300
(To record paid and discount Ailing)

15 Stationary Expenses 200

-Cash 200
(To record bought office equipment by cash)

17 Bank 2,000
-Account received Kulati Ent. 2,000
( To record Kulati paid by cheque)

18 Bank 2,000
-Account receive Pepa Ent. 2,000
Discount allowed 200
-Account receive Pepa Ent. 200

19 Purchased 7,500
-Account Payable Amanah Jaya Bhd 7,500
(To record Purchased from Amanah Jaya Bhd)

21 Purchased return 230

-Account payable Amanah Jaya Bhd 230
(To record sales)
22 Purchased 1,000
-Cash 1,000
(To record purchased)

23 Account received Jeyana Bhd 5,500

-Sales 5,500
Account received Pepana Bhd 8,500
-Sales 8,500
(To record sales to Jeyana Bhd and Pepana Bhd)

25 Salary expenses 2,500

-Bank 2,500
(To record salary)

26 Jeyana Bhd 250

-Sales return 250
(To record sales return)

28 Drawing 500
-Purchased 500
(To record drawing)
 Bank

Date Description Amount Date Description Amount

(RM) (RM)

May 1 Capital 50,000 May 8 Wages 1,000

Expenses

May 17 Account 20,000 May 10 Account 4,500

Received Payable
Kulati Ent. Geetha

May 18 Account 2,000 May 14 Account 7,500

Received Pepa Payable Ailing
Ent.

May 25 Salary 2,500

May 31 Balance c/d 57,000

72,000 72,000
Jun 1 Balance b/d
57,000
 Motor Vehicle

Date Description Amount Date Description Amount

(RM) (RM)

May 1 Capital 20,000 May 31 Balance c/d 20,000

20,000

Jun 1 Balance b/d 20,000

Office Furniture
Date Description Amount Date Description Amount

(RM) (RM)

May 1 Capital 30,000 May 31 Balance c/d 30,000

Capital

Date Description Amount Date Description Amount

(RM) (RM)
May 31 Balance c/d 100,000 May 1 Bank 50,000

Motor Vehicle 20,000

Office 30,000
Furniture

Purchased

Date Description Amount Date Description Amount

(RM) (RM)

May 2 Account 5,000 May 28 Drawing 500

Payable Geetha
 Account
Payable Ailing
8,000

May 7 Account 1,500

payable Akhtar

Account
Receivable 150
Pepa Ent

May 19 Account 7,500

Payable
Amanah Jaya

May 22 Cash 1,000

Account Payable Geetha

Date Description Amount Date Description Amount

(RM) (RM)

May 10 Bank 4,500 May 2 Purchased 5,000

 Discount 500
received

Account Payable Ailing

Date Description Amount Date Description Amount

(RM) (RM)

May 14 Bank 7,500 May 2 Purchased 8,000

Discount 300
 received

Cash

Date Description Amount Date Description Amount

(RM) (RM)

May 3 Sales 3,500 May 15 Stationary 200

Expenses

May 5 Rent 1,500 May 22 Purchased 1,000

 Sales

Date Description Amount Date Description Amount

(RM) (RM)

May 2 Cash 3,500

May 6 Account 3,000

received
Kulati
 Account 4,000
received Pepa
Ent

May 23 Account 5,500

received
Jeyana

Account 8,500
received
Pepana

Rent

Date Description Amount Date Description Amount

(RM) (RM)
 May 2 Cash 1,500

May 31 Balance c/d 1,500

Account Receivable Kulati

Date Description Amount Date Description Amount

(RM) (RM)

May 6 Sales 3,000 May 13 Sales return 250

May 17 Bank 7,000

 Account Received Pepa Ent.

Date Description Amount Date Description Amount

(RM) (RM)

May 6 Sales 4,000 May 7 Purchased 159

Return

May 17 Bank 2,000

 Account Payable Ahtar

Date Description Amount Date Description Amount

(RM) (RM)

May 8 Purchased 100 May 7 Purchased 1,500

Return
 Purchased Return

Date Description Amount Date Description Amount

(RM) (RM)

May 7 Account 150 May 8 Account 100

Receivable Payable
Pepa Entp Ahtar

May 11 Account 200

received
Ailing

May 21 Amanah Jaya 230

Bhd
 Wages Expenses

Date Description Amount Date Description Amount

(RM) (RM)

May 8 Bank 1,000

Eqiupment

Date Description Amount Date Description Amount

(RM) (RM)

May 9 Account 15,000

Payable
Sy.Amm
 Account Payable Sy.Amm

Date Description Amount Date Description Amount

(RM) (RM)

May 9 Office 15,000

Equipment

Discount Received

Date Description Amount Date Description Amount

(RM) (RM)

Account
May 10 Payable Gettha 5,000
 Office Equipment

Date Description Amount Date Description Amount

(RM) (RM)

May 12 Account 5,000

Payable
Acc.Comp
 Sales Return

Date Description Amount Date Description Amount

(RM) (RM)

May 13 Kulati Entp 250

Stationary Expenses

Date Description Amount Date Description Amount

(RM) (RM)

May 13 Cash 200

Discount Allowed

Date Description Amount Date Description Amount

 (RM) (RM)

May 18 Account 200

Received Pepa
Ent.

Account Payable Amanah Jaya

Date Description Amount Date Description Amount

(RM) (RM)

May 19 Purchased 7,500

May 21 Purchased 230

return

Account Received Jeyana Bhd

 Date Description Amount Date Description Amount

(RM) (RM)

May 23 Sales 5,500

Account Received Pepana Bhd

Date Description Amount Date Description Amount

(RM) (RM)

May 23 Sales 8,500 May 18 Bank 2,000

Discount 200
allowed

Salary Expenses

Date Description Amount Date Description Amount

(RM) (RM)

May 25 Bank 2,500

 Drawing

Date Description Amount Date Description Amount

(RM) (RM)

May 28 Purchased 500