Name: Adifaah Arefeen

Student ID: BIBM 2210-6754

Date Transactions Effect on Account to be Account to be
transactions debited credited

2022 Bought machinery with cash Increase in Machinery RM Cash RM

june RM machinery. 5000 5000
1 5,000 Decrease in cash

3 Started business with cash Increase in cash. Cash RM Capital RM

RM 20,000 and motor Increase in motor 20,000. Motor 35,000
vehicle RM 15,000 vehicle. Increase in vehicle RM
capital 15,000

7 Purchases land and building Increase in land and Land and AP RM

with loan from finance building. Increase building RM 120,000
house amounted RM in account payable 120,000
120,000

12 Owner withdraw cash Decrease in cash. Cash RM 100 Capital RM

for his own use amounted Increase in 100
RM 100 drawings

13 Paid creditor amount Decrease in bank. AP RM 520 Bank RM 520

due by cheque RM 520 Decease in AP

15 Debtor paid RM 1,030 Increase in cash. Cash RM 1,030 AR RM 1,030

amount owing by cash Decrease in AR

20 Bought motor van though a Increase in motor Motor van RM AP RM

bank loan RM 35,000 van. Increase in AP 35,000 35,000

23 Owner brought in Increase in Computer RM Cash RM

computer amounted RM computer. Decrease 3,400 3,400
3,400 for office use in cash

24 Bought extra furniture by Increase in Furniture RM Bank RM

cheque RM 2,000 furniture. Decrease 2,000 2,000
in bank

25 Owner brought in further Increase in cash. Cash RM Capital RM

cash into the business RM Increase in capital 10,000 10,000
10,000

26 Bought furniture by Increase in Furniture RM Bank RM

cheque RM 1,100 furniture. Decrease 1,100 1,100
in bank
27 M Finance lends the firm Increase in AP. Cash RM M Finance AP
loan paid by cash RM increase in cash 12,000 RM 12,000
12,000

29 Repaid by cash, loan Decrease in cash. M fiance AP Cash RM

owed to finance company Decrease in AP RM 2,200 2,200
RM 2,200

30 The owner deposited extra Increase in capital. Cash RM 8,000 Capital RM

cash to the business RM Increase in cash 8,000
8,000