Answer to Question #128638 in Accounting for jack

Question

The company close the account on 31 December 2020. Use the following information to prepare the trial balance as at 31 December 2020.
Capital RM100,000
Motor vehicle RM50,000
Office equipment RM20,000
Furniture RM10,000
Cash RM15,000
Debtors RM5,000
a) Create the transactions of:
i. 10 general transactions
ii. 4 transactions in depreciation topic
iii. 2 transactions in bad debts and allowance for doubtful debts topic
iv. 4 transactions accrual and prepayment topic

b. Prepare the journal entries
Prepare journal entries for each transactions above.

Answer 1

Dear jack, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order