i.

JOURNAL

SALES JOURNAL
DATE ACCOUNTS DEBITED TERMS DR. ACCOUNTS RECEIVABLE
CR. SALES

2023

Jan 8 Ayshed Enterprise 2/10 , n/30 RM 19,798

12 Heikmah Bhd 3/15 , n/30 RM 22,847.50

31 TOTAL RM 42,645.50

PURCHASE JOURNAL
DATE ACCOUNTS CREDITED TERMS DR. PURCHASE
CR. ACCOUNTS
PAYABLE

2023

Jan 4 Haiqkal Enterprise 2/10 , n/30 RM 12,112.50

10 Mawar Sdn.Bhd 1/15 , n/30 RM 7,800

31 TOTAL RM 19,912.50
 CASH RECEIPT JOURNAL

DATE ACCOUNTS CREDITED DR. BANK DR. CASH DR. SALES

DISCOUNT
2023

Jan 1 Capital RM 45,000

5 Sales RM 16,100

21 Accounts Receivable – Ayshed Enterprise RM 9,889

24 Accounts Receivable – Ayshed Enterprise RM 9,889

28 Accounts Receivable – Heikmah Bhd RM 20,562.75

31 TOTAL RM 16,100 RM 85,360.75

CASH PAYMENT JOURNAL

DATE ACCOUNTS DEBITED CR. BANK CR. CASH CR. PURCHASE

DISCOUNT
2023

Jan Freight Out RM 140

8
11 Accounts Payable – Haiqkal RM 9,579.50 RM 195.50

Enterprise
12 Freight Out RM 120

15 Utilities Expense RM 800

20 Rental Expense RM 1,300

22 Salaries Expense RM 2,400

24 Accounts Payable – Mawar Sdn.Bhd RM 7,722 RM 78

31 TOTAL RM 13,279.50 RM 8,782 RM 273.50

 GENERAL JOURNAL
DATE ACCOUNTS TITLES AND EXPLANATION DEBIT CREDIT

2023

Jan 9 Dr. Accounts Payable – Haiqkal Enterprise Cr. RM 2,337.50

Purchase Return And Allowances RM 2,337.50
(To record goods return and allowances )

12 Dr. Furniture RM 5,300

Cr. Perniagaan Nadi RM 5,300
( To record furniture on credit )

16 Dr. Sales Return And Allowances RM 2,284.75

Cr. Accounts Receivable – Heikmah Bhd ( RM 2,284.75
To record goods return from customer )

29 Dr. Drawings RM 319.96

Cr. Purchase RM 319.96
( To record service for personal use )
 ii. SUBSIDIARY LEDGER
SUBSIDIARY LEDGER – ACCOUNTS RECEIVABLE ROWAN SDN.BHD

DATE PARTICULAR REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)

2023

Jan 01 BALANCE JOHNNY ENTERPRISE 13,780

DATE PARTICULAR REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)

2023

Jan 01 BALANCE 11,890

AYSHED ENTERPRISE
DATE PARTICULAR REF DEBIT CREDIT BALANCE
(RM) (RM) (RM)

2023

Jan 08 SALES SJ 19,798 19,798

21 CASH CRJ 9,899 9,899

24 CASH CRJ 9,889 0

HEIKMAH BHD
DATE PARTICULAR REF DEBIT CREDIT BALANCE
(RM) (RM) (RM)

2023

Jan 12 SALES SJ 22,847.50 22,847.50

16 SALES RETURN AND GJ 2,284.75 20,562.75

ALLOWANCES
 28 CASH CRJ 20,562.75 0

SUBSIDIARY LEDGER – ACCOUNTS PAYABLE

ABU ENTERPRISE
DATE PARTICULAR REF DEBIT CREDIT BALANCE
(RM) (RM) (RM)

2023

Jan 01 BALANCE 20,748

DAWN SDN.BHD
DATE PARTICULAR REF DEBIT CREDIT BALANCE
(RM) (RM) (RM)

2023

Jan 01 BALANCE 19,002

HAIQKAL ENTERPRISE
DATE PARTICULAR REF DEBIT CREDIT BALANCE
(RM) (RM) (RM)

2023

Jan 04 PURCHASE PJ 12,112.50 12,112.50

09 PURCHASE RETURN GJ 2,337.50 9,775

AND ALLOWANCES

11 BANK CPJ 9,579.50 195.50

11 PURCHASE DISCOUNT CPJ 195.50 0

 MAWAR SDN.BHD
DATE PARTICULAR REF DEBIT CREDIT BALANCE
(RM) (RM) (RM)

2023

Jan 10 PURCHASE PJ 7,800 7,800

24 CASH CPJ 7,722 78

24 PURCHASE DISCOUNT CPJ 78 0

 iii. GENERAL LEDGER

ACCOUNTS RECEIVABLE CONTROL ACCOUNT

DATE EXPLANATION REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)(DR.)

2023

JAN 1 Balance 25,670

16 Sales Return and GJ 2,284.75 23,385.25

Allowances

21 Cash CRJ 9,899 13,486.25

24 Cash CRJ 9,899 3,587.25

28 Cash CRJ 20,562.7 16,975.50

5

31 Sales SJ 42,645.50 25,670

ACCOUNTS PAYABLE CONTROL ACCOUNT

DATE EXPLANATION REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)(CR.)

2023

JAN 1 Balance 39,750

9 Purchase Return and GJ 11,917 27,833

Allowances

11 Purchase Discount CPJ 195.50 27,637.50

24 Cash CPJ 7,722 19,915.50

Purchase Discount CPJ 78 19,837.50

 31 Purchase PJ 19,912.50 39,750

BANK

DATE EXPLANATION REF DEBIT BALANCE

CREDIT( RM)
(RM) (RM)(DR.)

2023

JAN Balance 65,000

31

Multiple Account CRJ 16,100 81,100

Multiple Account CPJ 13,279.50 67,820.50

CASH

DATE EXPLANATION REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)(DR.)

2023

JAN Balance 35,000

31

Multiple Account CRJ 85,360.75 120,360.75

Multiple Account CPJ 8,782 111,578.75

PURCHASE DISCOUNT

DATE EXPLANATION REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)(CR.)

2023

JAN
Accounts Payable CPJ 273.50 273.50
31
 SALES

DATE EXPLANATION REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)(CR.)

2023

JAN 5 Sales CRJ 16,100 16,100

31 Account Receivable SJ 42,645.50 58,745.50

PURCHASE

DATE EXPLANATION REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)(DR.)

2023

JAN
Drawing GJ 319.96 (319.96)
29

31 Accounts Payable PJ 19,912.50 19,592.54

CAPITAL

DATE EXPLANATION REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)(CR.)

2023

JAN 1 Balance 305,920

Cash CRJ 45,000 350,920

FREIGHT- OUT

DATE EXPLANATION REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)(DR.)

2023
 JAN 8 Cash CPJ 140 140

12 Cash CPJ 120 260

UTILITIES EXPENSE

DATE EXPLANATION REF DEBIT(RM) CREDIT BALANCE

(RM) (RM)(DR.)

2023

JAN
Cash CPJ 800 800
15

RENTAL EXPENSE

DATE EXPLANATION REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)(DR.)

2023

JAN
Bank CPJ 1,300 1,300
20

SALARIES EXPENSE
DATE EXPLANATION REF DEBIT CREDIT BALANCE
(RM) (RM) (RM) (DR.)
2023
JAN 22 Cash CPJ 2,400 2,400

PURCHASE RETURNS AND ALLOWANCES

DATE EXPLANATION REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)(CR.)

2023

JAN 9 Account Payable- GJ 2,332.50 2,337.50

Haiqkal Enterprise
 SALES RETURNS AND ALLOWANCES

DATE EXPLANATION REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)(DR.)

2023

JAN Account Payable - GJ 2,284.75 2,284.75

15 Heikmah Bhd.

FURNITURE
DATE EXPLANATION REF DEBIT CREDIT BALANCE
(RM) (RM) (RM)(DR.)

2023

JAN 1 Balance 115,000

12 Perniagaan Nadi GJ 5,300 120,300

PERNIAGAAN NADI

DATE EXPLANATION REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)(DR)

2023

JAN 12 Furniture GJ 5,300 5,300

DRAWINGS

DATE EXPLANATION REF DEBIT CREDIT BALANCE

(RM) (RM) (RM)(DR.)

2023

JAN 29 Purchase GJ 319.96 319.96

iv. TRIAL BALANCE

PORCE SDN. BHD

TRIAL BALANCE AS AT 1ST JANUARY 2023

Account Debit (RM) Credit (RM)
Capital 350,920
Bank 67,820.50
Cash 111,578.75
Sales 58,745.50
Purchase 19,592.54
Purchase Discount 273.50
Freight Out 260
Utilities Expense 800
Rental Expense 1,300
Salaries Expense 2,400
Purchase Returns and Allowance 2,337.50
Sales Returns and Allowance 2,284.75
Furniture 120,300
Drawings 319.96
Account Receivable 25,670
Account Payable 39,750
Inventories 35,000
Loan 25,000
Accumulated Depreciation - Furniture 34,500
Office Equipment 90,000
Accumulated Depreciation – Office Equipment 27,000
Vehicle 95,000
Accumulated Depreciation – Vehicle 28,500
Perniagaan Nadi 5,300
Total 572,326.50 572,326.50
Number v.

i. NET SALES
RM
Sales 58,745.50
Less: Sales Discounts 0
Less : Sales Returns and Allowances 2,284.75
Net Sales 56,460.75

ii. NET PURCHASES

RM
Beginning Inventories 35,000
Purchases 19,592.54
Less : Purchase Discounts 273.50
Less : Purchase Returns and Allowances 2,337.50
Net Purchases 51,981.54

iii. COST OF GOOD SOLD

Net Purchases 51,981.54
Add: Freight-In 0
Cost Of Goods Available For Sale 51,981.54
Less: Ending Inventories 30,000
Cost Of Goods Sold 21,981.54
iv. NET PROFIT
RM
Net Sales 56,460.75
Less: Cost of Goods Sold 21,981.54
Gross Profit 34,479.21
Less: Expenses
Salaries Expense 2,400
Rental Expense 1,300
Utilities Expense 800
Net Profit 21,979.21