Date Transactions Type of Effect Journal Entries

Journal (A/E=L+OE+R)

Increase Decrease Debit Credit

1st
Jan The owner contributed Cash Asset, Cash Capital
2022 RM125,000 cash Receipt Owner
Journal Equity
3rd Jan Purchases raw materials Purchas Expenses, Purchase Timah
2022 worth RM18,000 credit e Journal Liability s Enterprise
from Timah Enterprise
3rd Jan Purchases 2 units of General Asset, Freezer AA
2022 freezer worth RM10,000 Journal Liability Electrical
credit from AA Electrical Company
Company
3rd Jan Purchases mixer worth General Asset, Mixer Time
2022 RM2,000 credit from Journal Liability Bakery
Time Bakery Enterprise Enterprise
th
5 Jan Purchases pratha General Asset, Pratha Rock &
2022 stamping on credit Journal Liability stamping Roll
RM7,500 from Rock & Enterprise
Roll Enterprise
th
6 Jan Sold 30 packs of frozen Sales Revenue, Nurul & Sales
2022 otak-otak to Nurul & Co Journal Asset Co
RM360 on credit
8th Jan Returned 1 unit of Returned Asset, AA Return
2022 freezer amounted Outward Liability Electrical Outwards
RM5,000 to AA Electrical Journal Company
Company
10th Jan Received cash from Cash Revenue, Cash Sales
2022 Liana Kitchen 100packs Receipt Asset
of frozen popia Journal
amounted RM1,200
12th Jan Returned 5 packs of Return Expenses, Nurul & Return
2022 damage otak-otak worth Outward Liability Co Outwards
RM60 to Nurul & Co Journal
th
17 Jan Sent an invoice of Sales Revenue, Afiq & Sales
2022 RM500 together with 30 Journal Asset Friend
packs of curry puff Enterprise
ordered by Afiq & Friend
Enterprise
19th Jan The owner brought General Owner Furniture Capital
2022 furniture RM10,000 into Journal Equity,
the business Asset
20th Jan Received a cheque Cash Revenue, Bank Sales
2022 RM2,000 from Afuw due Receipt Asset
to cash sales Journal
21st Jan Afiq & Friend Enterprise Return Revenue, Return Afiq &
2022 returned 10 packs of Inward Asset Inwards Friend
damage curry puff worth Journal Enterprise
RM120
25th Jan The owner Bee Kitchen General Owner Drawings Purchases
2022 took goods (otak-otak) Journal Equity,
worth RM600 for Expenses
personal use
28th Jan Paid utilities RM900 by Cash Expenses Asset Utilities Cash
2022 cash Payment
Journal
th
30 Jan Received cash of RM700 Cash Revenue, Cash Sales
2022 for frozen donuts sold to Receipt Asset
Syahmi Journal
30th Jan Purchased 20kg of flour Purchas Expenses, Purchase Thai
2022 from Thai Enterprise e Journal Liability s Enterprise
worth RM60 on credit
30th Jan The owner took popia General Owner Drawings Purchases
2022 worth RM200 for Journal Equity,
personal purpose Expenses
31 st
Jan Sold frozen satay worth Sales Revenue, Rafiqin Sales
2022 RM1,500 to Rafiqin Journal Asset Enterprise
Enterprise on credit
31st Jan Paid wages amounting Cash Expenses Asset Wages Cash
2022 RM1,500 by cash Payment
Journal
 SPECIALISED JOURNAL

General Journal

Date Details Debit(RM Credit(RM)

)

Jan-
22

3 Freezer 10000

AA Electrical Company 10000

(Brought freezer into business)

3 Mixer 2000

Time Bakery Enterprise 2000

(brought mixer into business)

3 Pratha Stamping 7500

Rock & Roll Enterprise 7500

(brought pratha stamping into business)

19 Furniture 10000

Capital 10000

(brought furniture into business)

25 Drawings 600

Purchase 600

(Drawing for personal use)

30 Drawings 200

Purchases 200

(Drawing for personal use)

Cash Receipt Journal

Date Details Debit(RM Credit(RM)

)

Jan-
22

1 Cash 125000

Capital 125000

10 Cash 1200

Sales 1200

20 Bank 2000

Sales 2000

30 Cash 700

Sales 700

Purchase Journal

Date Details Debit Credit(RM)

(RM)

Jan-
22

3 Purchases 18000

Timah Enterprise 18000

30 Purchases 60
 Thai Enterprise 60

Sales Journal

Date Details Debit(RM) Credit(RM)

Jan-
22

6 Nurul & Co 360

Sales 360

17 Afiq & Friend Enterprise 500

Sales 500

31 Rafiqin Enterprise 1500

Sales 1500

Return Outwards Journal

Date Details Debit(RM) Credit(RM)

Jan-
22

8 AA Electrical Company 5000

Return Outwards 5000

12 Nurul & Co 60

Return Outwards 60

Return Inwards Journal

Date Details Debit Credit(RM)

(RM)

Jan-
22

21 Return Inwards 120

 Afiq & Friend Enterprise 120

Cash Payment Journal

Date Details Debit Credit(RM)

(RM)

Jan-
22

28 Utilities 900

Cash 900

31 Wages 1500

Cash 1500
 CAPITAL (OE)
Date Particular RM Date Particular RM
Jan Balance c/f 135,000 Jan 1 Cash 125,000
31
Jan Furniture 10,000
19
135,000 135,000
Feb 1 Bal b/f 135,000

CASH (A)
Date Particular RM Date Particular RM
Jan 1 Capital 125,000 Jan Utilities 900
28
Jan Sales 1,200 Jan Wages 1,500
10 31
Jan Sales 700 Jan Balance c/f 124,500
30 31
126,900 126,900
Feb 1 Balance b/f 124,500

PURCHASES (E)
Date Particular RM Date Particular RM
Jan 3 Timah Enterprise 18,000 Jan Drawings 600
25
Jan Thai Enterprise 60 Jan Drawings 200
30 30
Jan Transfer to Trial 17,260
31 Balance
18,060 18,060
 TIMAH ENTERPRISE (L)
Date Particular RM Date Particular RM
Jan Balance c/f 18,000 Jan 3 Purchases 18,000
31
18,000 18,000
Feb 1 Balance b/f 18,000

FREEZER (A)
Date Particular RM Date Particular RM
Jan 3 AA Electrical Company 10,000 Jan Balance c/f 10,000
31
10,000 10,000
Feb 1 Balance b/f 10,000

AA ELECTRICAL COMPANY (L)

Date Particular RM Date Particular RM
Jan 8 Return Outwards 5,000 Jan 3 Freezer 10,000
Jan Balance c/f 5,000
31
10,000 10,000
Feb 1 Balance b/f 5,000

MIXER (A)
Date Particular RM Date Particular RM
Jan 3 Time Bakery Enterprise 2,000 Jan Balance c/f 2,000
31
2,000 2,000
Feb 1 Balance b/f 2,000

TIME BAKERY ENTERPRISE (L)

Date Particular RM Date Particular RM
Jan Balance c/f 2,000 Jan 3 Mixer 2,000
31
2,000 2,000
 Feb 1 Balance b/f 2,000

PRATHA STAMPING (A)

Date Particular RM Date Particular RM
Jan 5 Rock & Roll Enterprise 7,500 Jan Balance c/f 7,500
31
7,500 7,500
Feb 1 Balance b/f 7,500

ROCK & ROLL ENTERPRISE (L)

Date Particular RM Date Particular RM
Jan Balance c/f 7,500 Jan 5 Pratha Stamping 7,500
31
7,500 7,500
Feb 1 Balance b/f 7,500

SALES (R)
Date Particular RM Date Particular RM
Jan Transfer to Trial Balance 6,260 Jan 6 Nurul & Co 360
31
Jan Cash 1,200
10
Jan Afiq & Friend 500
17 Enterprise
Jan Bank 2,000
20
Jan Cash 700
30
Jan Rafiqin Enterprise 1,500
31
6,260 6,260

NURUL & CO (A)

Date Particular RM Date Particular RM
Jan 6 Sales 360 Jan Balance c/f 420
31
Jan Return Outwards 60
12
420 420
Feb 1 Balance b/f 420
 RAFIQIN ENTERPRISE (A)
Date Particular RM Date Particular RM
Jan Sales 1,500 Jan Balance c/f 1,500
31 31
1,500 1,500
Feb 1 Balance b/f 1,500

WAGES (E)
Date Particular RM Date Particular RM
Jan Cash 1,500 Jan Balance c/f 1,500
31 31
1,500 1,500
Feb 1 Balance b/f 1,500

RETURN OUTWARDS (CONTRA TO E)

Date Particular RM Date Particular RM
Jan Transfer to Trial Balance 5,060 Jan 8 AA Electrical Company 5,000
31
Jan Nurul & Co 60
12
5,060 5,060

AFIQ & FRIEND ENTERPRISE (A)

Date Particular RM Date Particular RM
Jan Sales 500 Jan Return Inwards 120
17 21
Jan Balance c/f 380
31
500 500
Feb 1 Balance b/f 380

FURNITURE (A)
Date Particular RM Date Particular RM
Jan Capital 10,000 Jan Balance c/f 10,000
19 31
10,000 10,000
Feb 1 Balance b/f 10,000
 BANK (R)
Date Particular RM Date Particular RM
Jan Sales 2,000 Jan Balance c/f 2,000
20 31
2,000 2,000
Feb 1 Balance b/f 2,000

RETURN INWARDS (R)

Date Particular RM Date Particular RM
Jan Afiq & Friend Enterprise 120 Jan Transfer to Trial 120
21 31 Balance
120 120

DRAWING (OE)
Date Particular RM Date Particular RM
Jan Purchases 600 Jan Balance c/f 800
25 31
Jan Purchases 200
30
800 800
Feb 1 Balance b/f 800

UTILITIES (E)
Date Particular RM Date Particular RM
Jan Cash 900 Jan Balance c/f 900
28 31
900 900
Feb 1 Balance b/f 900

THAI ENTERPRISE (L)

Date Particular RM Date Particular RM
Jan Balance c/f 60 Jan Purchases 60
31 21
60 60
Feb 1 Balance b/f 60
 TRIAL BALANCE FOR BEE KITCHEN AS AT 31 JANUARY 2022

PARTICULARS DEBIT (RM) CREDIT(RM)

Capital 135,000
Cash 124,500
Purchases 17,260
Timah Enterprise 18,000
Freezer 10,000
AA Electrical Company 5,000
Mixer 2,000
Thai Bakery Enterprise 2,000
Pratha Stamping 7,500
Rock & Roll Enterprise 7,500
Sales 6,260
Nurul & Co 420
Rafiqin Enterprise 1,500
Wages 1,500
Return Outwards 5,060
Afiq & Friend Enterprise 380
Furniture 10,000
Bank 2,000
Return Inwards 120
Drawings 800
Utilities 900
Thai Enterprise 60
178,880 178,880