The following accounts are taken from the book of GGGG books as at 31 December 2019....

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The following accounts are taken from the book of GGGG books as at 31 December 2019....

The following accounts are taken from the book of GGGG books as at 31 December 2019. Use the following information to prepare the trial balance as at 31 December 2019.

	RM
Purchases	26,000
Sales	33,690
Capital	150,000
Cash in hand	52,000
Opening inventory	5,600
Debtors	70,910
Furniture	10,000
Creditors	1,900
Office equipment	16,000
Wages	1,780
Interest	230
Interest received	4,900
Rental	18,000
Machineries	30,000
Commission	190
Cash at bank	53,200
Loan	100,000
Utilities bills	120
Drawings	5,600
Advertisement	360
Insurance	500
	580,980

Create the transactions for the company (10 marks)

Create the transactions of:

3 transactions in depreciation topic
3 transactions in bad debts and allowance for doubtful debts (AFDD) topic
4 transactions accrual and prepayment topic

business accounting

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Answer 1

Answer #1

Credit Currency is RM GGGG books Trial Balance As on 31st December 2019 Debit Purchases 26,000 Sales 33,690 Capital 150,000 C

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Answer 2

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The following accounts are taken from the book of GGGG books as at 31 December 2019....

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