Selalu Sukses Sdn. Bhd. owned by Hsalut is a business specializing in trading nasi lemak. The following balances were extracted from the books of Selalu Sukses Sdn. Bhd. as of 31^st December 2018:

	RM	RM
Cash	50,900.00
Bank/overdraft	15,850.56
Bank loan		24,120.00
Capital		43,755.00
Other creditors	?	?
Trade Debtors/Creditors	?	19,570.00
	98,005.95	98,005.95

Transactions in 2019

In January the business recorded credit sales amounted to RM 50,900.
Purchased pandan leaves, peanuts, and basmati rice using cheque amounted to RM 13,000 in February.
Purchased a food truck on credit amounted to RM 68,600, somewhere in March.
In April, one of the customers returned 150 defective nasi lemak amounted to RM 125. It was a credit transaction before.
In May, cash sales recorded amounted to RM 25,000.
Purchased a few canopies using a cheque in June. The transaction was recorded at RM 2,350.
Purchased a lot of banana leaves on credit amounted to RM 500 in August.
One of the canopies was disposed of for RM 250. The buyer paid half using cash and the remaining amount will be settled next year.
The owner brought a sofa set valued at RM 2,000 into the business for office use.
In October, the owner took out 100 in cash for personal use.
Paid supplier of banana leaves using cheque in full amount in December.

Prepare:

Ledgers
Income statement
Balance sheet

Stuck in This Assignment? Deadlines Are Near?

Hire Assignment Helper Now!

Get Help By Expert

Looking for an affordable way to get a top-quality assignment on Accounting? Don't worry. Get expert assignment writers help from Malaysiaassignmenthelp.com. we will provide you assignment before the deadline. We will make sure that your assignment is 100% error-free & well-formatted. So you just Hire our Malaysia expert writer and get full marks on any assignment.

Answer

Selalu Sukses Sdn. Bhd. owned by Hsalut is a business specializing in trading nasi lemak: Accounting Assignment, UM, Malaysia

UP TO 15 % DISCOUNT

Instant Paper Writing Services by Native Malaysia Writers

Plagiarism Free Solutions

100% Original Work

24*7 Online Assistance

Native PhD Experts

Hire a Writer Now

Assignment Writing Services

Instant Help Services

University Writing Service

Selalu Sukses Sdn. Bhd. owned by Hsalut is a business specializing in trading nasi lemak: Accounting Assignment, UM, Malaysia

Universiti Malaya (UM)

Individual Assignment

Accounting

01/17/2022

Stuck in This Assignment? Deadlines Are Near?

Get Help By Expert

Recommended Assignments for You

Related University Assignments

Convincing Features

Get these features included in Your Assignment