3. Record the following transactions for the month of August 2020 in the general journal and post to the appropriate ledger account and balance all the accounts the prepare the trial balance as 31 August 2020. Aug 1 Chandra commenced business with RM12,000 in cash 2 Transferred RM11,000 in cash into a bank account 5 Purchased goods from Siva on credit for RM830 9 Bought office furniture for RM250 in cash 12 Sold goods to Willy on credit for RM570 14 Returned goods worth RM75 to Siva 16 Paid rent by cheque for RM350 18 Purchased office stationery for RM30 in cash 21 Chandra made drawings in cash for RM140 24 Paid insurance by cheque for RM170 25 Sold goods to Willy on credit for RM490 28 Purchased goods from Siva on credit for RM560 30 Sent cheque to Siva for RM755

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 3PA: Domingo Company started its business on January 1, 2019. The following transactions occurred during...
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3. Record the following transactions for the month of August 2020 in the general
journal and post to the appropriate ledger account and balance all the accounts
the prepare the trial balance as 31 August 2020.
Aug 1 Chandra commenced business with RM12,000 in cash
2 Transferred RM11,000 in cash into a bank account
5 Purchased goods from Siva on credit for RM830
9 Bought office furniture for RM250 in cash
12 Sold goods to Willy on credit for RM570
14 Returned goods worth RM75 to Siva
16 Paid rent by cheque for RM350
18 Purchased office stationery for RM30 in cash
21 Chandra made drawings in cash for RM140
24 Paid insurance by cheque for RM170
25 Sold goods to Willy on credit for RM490
28 Purchased goods from Siva on credit for RM560
30 Sent cheque to Siva for RM755

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