Question 1 Brian started in business on 1 December 2021. The following is a list of his transactions for his first month of trading: December, 2021 Dec 1 Opened a business bank account with RM 25,000 from his personal account Paid one month's rent of RM 2,000 by cheque Bought goods costing RM 5,000 on credit from Linda Purchased motor car from Savoy Motors RM 4,000 on credit Purchased goods costing RM 3,000 on credit from Sydney Cash sales of RM 6,000 More goods costing RM 10,000 purchased from Linda on credit Sold goods on credit to Ann for RM 8,000 Returned RM 2,000 of goods to Linda Paid RM 6,000 in cash into the bank Ann returned RM 1,000 of goods Withdrew RM 500 in cash from the bank to open a petty cash account Cheque received from Ann for RM 5500 Offices expenses of RM 250 paid out of petty cash Sent a cheque to Savoy Motors for RM 4,000 Cheques sent to Linda and Sydney for RM 8,000 and RM 2,000 Paid by cheque another month's rent of RM 2,000 Brian introduced RM 5,000 additional capital into the business by cheque 2 3 4 10 15 20 22 23 24 25 26 28 29 30 31 31 ... c) Compile a trial balance as at 31 December 2021

June 12, 2024 Provide services to customers on account for $33,800. September 17, 2024 Receive $19,000 from customers on account. December 31, 2024 March 4, 2025 May 20, 2025 July 2, 2025 October 19, 2025 December 31, 2025 Estimate that 40% of accounts receivable at the end of the year will not be received. Provide services to customers on account for $48,800. Receive $10,000 from customers for services provided in 2024. Write off the remaining amounts owed from services provided in 2024. Receive $39,000 from customers for services provided in 2025. Estimate that 40% of accounts receivable at the end of the year will not be received. Required: 1. Record transactions for each date. 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. 3. Calculate net accounts receivable reported in the balance sheet at the end of 2024 and 2025. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required…