The following transactions of Jaya Mart occurred during the month of September 2021:TransactionsDateSeptember 1 Saleh, the owner of Jaya Mart invested RM10,000 of his personal savingsinto the company's account.Rented office space and paid RM1,200 cash for the month of September.Purchased of office equipment for RM30,000, paying RM8,000 cash andthe balance to be paid in one year period.4Purchased office supplies for RM750 cash.8 Completed services for a client and received RM2,700 cash for theservices.15 Completed services RM3,600 for a client on credit.Received RM3,600 from a client for the work completed on 15September.28 Paid the office secretary's monthly salary, RM1,200 cash.30 Saleh withdrew RM2,000 for his personal use.a)2320Prepare the journal entries to record all the above transactions

a) Date Account Debit (RM) Credit (RM) 2021-09-01 Cash 10,000…

Answered: The following transactions of Jaya Mart…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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On May 8, 2015, Mrs. Siega borrowed php 100,000 from Mr. Singh at 6% payable in 90 days. If the amount is equivalent to 5% in a bank, find it’s present value on July 16, 2015.
B. Problem (please refer to the picture.)
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