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Exercise 5 Effect of transaction

Name: Syahira binti Supandi


No matrik: BHR09230005

a) Started business with cash and a motor vehicle


Capital:
Cash:
Motor vehicle:

b) Paid for advertising expenses by cash


Advertising expenses:
Cash:

C) Purchased a building with the aid of a loan from ACF Finance


Building:
loan:

d) The owner paid his son’s school fees using a business cheque
Drawing:
Bank:

e) Paid creditor the amount due using cheque


Creditor:
Bank:

f) Debtor paid amount owed in cash


Debtor:
Cash:

g) Owner spent cash for personal means


Drawing:
Cash:

h) Bought a van for office use by cheque


Van:
Bank:

i) Paid stationery in cash


Stationery:
Cash:
j) Owner brought in personal furniture for office use
capital:
Furniturer:

k) Paid bank loan by cheque


Loan:
Bank:

l) Owner brought in additional cash into the business


Capital:
Cash:

m) Paid shop assistant’s salary in cash


salary:
Cash:

n) Paid electricity bill in cash


Electricity :
cash:

o) Deposited cash into company’s bank account


Cash:
Bank:

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