Question 1

The following were the transactions of Ivan for the month of August 2017:
Aug 1 Balance brought down from the previous month :
Sales Ledger-James RM 3,000 ； Purchases Ledger- Louis RM 5,000
2 Bought additional goods costing RM3,000 from Louis on credit, less 10% trade discount.
3 Sold goods on credit to James for RM 1,500, less 20% trade discount.
5 James returned one fifth goods which he bought on 3 August 2017
11 Bought goods from Louis with a list price of RM 2,500, subject to a trade discount of 20% and
a cash discount of 5% if paid with 14days
15 Bought 30 units of goods from Kim at RM200 each, less 20% trade discount.
18 Returned 5 units of damaged goods to Kim listed at RM 200 each.
21 Sent a cheque to Louis to settle the amount owing on 11 August 2017.
28 Issued a credit note to James at RM 160.
30 Received a credit note from Louis at RM 360.
You are required to :
(a) enter the transactions in the Sales Journal, Sales Returns Journal, Purchases Journal and Purchases
Returns Journal;
(b) prepare the following ledger accounts :-
-Sales Account (GL01) - James’s Account (SL01)
-Purchases Account （GL02） - Louis’s Account (PL01)
Solution:

In the books of Ivan,

(a) Sales Journal SJ01
Date Particular Folio Amount Total
2017 RM RM
Aug 3 James （1,500X0.8） SL01 1,200
31 Sales Account GL01 1,200

Sales Returns Journal SRJ01

2017 RM RM
Aug 5 James （1,200 X 1/5 ） SL01 240
28 James SL01 160.
31 Sales Returns Account GL03 400

Purchases Journal PJ01

2017 RM RM
Aug 2 Louis (3,000X0.9) PL01 2,700
11 Louis (2,500X0.8) PL01 2,000
15 Kim （200 X 30 X 0.8 ） PL02 4,800
31 Purchases Account GL02 9,500

Purchases Returns Journal PRJ01

2017 RM RM
Aug 18 Kim （200 x 5 x 0.8） PL02 800
30 Louis PL01 360
31 Purchases Returns Account GL04 1,160

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 General Ledger
b Sales GL01
Date Particulars F Amount Date Particulars F Amount
2017 RM
Aug31 Accounts Receivable SJ01 1,200

Purchases GL02
2017 RM
Aug31 Accounts Payable PJ01 9,500

Sales Ledger
James SL01
2017 RM 2017 RM
Aug 1 Balance b/d 3,000 Aug 5 Sales Returns SRJ01 240
3 Sales SJ01 1,200 28 Sales Returns SRJ01 160

Purchases Ledger
Louis PL01
2017 RM 2017 RM
Aug21 Bank （2,000 X 0.95） CB01 1,900 Aug 1 Balance b/d 5,000
21 Discounts Received CB01 100 2 Purchases PJ01 2,700
30 Purchases Returns PRJ01 360 11 Purchases PJ01 2,000

Question 2
The following were the transactions of Angus for the month of August 2017:
Aug 1 Credit purchases from Benson RM 12,000.
3 Credit sales to Clark amounted to RM 8,300.
4 Returned goods to Benson RM 150.
5 Damaged goods RM 300 returned by Clark.
8 Bought goods on credit from Duke for RM 6,000, less 20% trade discount.
9 Returned goods to Duke listed at RM250.
13 Sold goods to Frank on credit for RM 6,500, deducting 5% trade discount.
15 Goods returned by Frank listed at RM250, which sold on 13 August.
25 Sent invoice to Clark for goods sold for RM 3,500, less 10% trade discount.
27 Sent credit note for goods returned by Clark RM 600, less 10% trade discount.
28 Received invoice for goods bought from Benson for RM 4,500, less 15% trade discount.
30 Received credit note for goods returned to Benson y RM 600, less 15% trade discount.

You are required to :

(a) enter the transactions in the Sales Journal, Sales Returns Journal, Purchases Journal and Purchases
Returns Journal;

(b) prepare the following ledger accounts :

-Sales Returns Account (GL01) - Clark’s Account (SL01)
-Purchases Returns Account （GL02） - Benson’s Account（PL01）

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In the books of Angus ,
(a) Sales Journal SJ01
Date Particular Folio Amount Total
2017 RM RM
Aug 3 Clark SL01 8,300
13 Frank （6,500X0.95） SL02 6,175
25 Clark（3,500 X 0.9） SL01 3,150
31 Sales Account GL03 17,625
Sales Returns Journal SRJ01
2017 RM RM
Aug 5 Clark SL01 300
15 Frank （250X0.95） SL02 238
27 Clark（600 X 0.9） SL01 540
31 Sales Returns Account GL01 1,078
Purchases Journal PJ01
2017 RM RM
Aug 1 Benson PL01 12,000
8 Duke （6,000 X 0.8） PL02 4,800
28 Benson （4,500X 0.85） PL01 3,825
31 Purchases Account GL04 20,625
Purchases Returns Journal PRJ01
2017 RM RM
Aug 4 Benson PL01 150
9 Duke （250X 0.8） PL02 200
30 Benson （600X 0.85） PL01 510
31 Purchases Returns Account GL02 860
General Ledger
b Sales Returns GL01
Date Particulars F Amount Date Particulars F Amount
2017 RM
Aug31 Accounts Receivable SJ01 1,078
Purchases Returns GL02
2017 RM
Aug31 Accounts Payable PJ01 860
Sales Ledger
Clark SL01
2017 RM 2017 RM
Aug 3 Sales SJ01 8,300 Aug 5 Sales Returns SRJ01 300
21 Sales SJ01 3,150 27 Sales Returns SRJ01 540
Purchases Ledger
Benson PL01
2017 RM 2017 RM
Aug 4 Purchases Returns PRJ01 150 Aug 1 Purchases PJ01 12,000
30 Purchases Returns PRJ01 510 28 Purchases PJ01 3,825

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Question 3
Ben was a stationer. The following were the transactions for the month of June 2016:
Jun 1 Bought goods on credit from Johnson and Gary amounted to RM 6,300 less trade discount 10%
3 Sold goods on credit to Oliver for RM 4,000, without trade discount
7 Oliver returned empty boxes at valued RM100
10 Sent invoice to Paul for goods sold RM 6,000, less 10% trade discount
11 Bought writing papers and envelopes in bulk from Regan for RM 3,000, less 10% trade discount.
11 Sent credit note to Paul for goods returned at net price RM 500
13 Sold 40 units of goods to Paul at RM 40 each, less 20% trade discount.
15 Paul returned one quarter of goods bought on 13 June because they were damaged.
23 Purchased 50 unit of goods from Regan at RM 8 each，less 5% trade Discounts
28 Goods returned to Regan 10 unit of goods listed at RM 8 each.
29 Ivan Ben bought doll for resale on credit from Lee RM 2,000
You are required to
(a) enter the above transactions in following special journal :
(i) Purchases Journal (ii) Sales Journal (iii) Sales Returns Journal (iv) Purchases Returns Journal;
(b) prepare the following ledger accounts :
-Sales Account (GL01) - Paul’s Account (SL01)
-Purchases Returns Account （GL02） - Regan’s Account（PL01）

In the books of Ben ,

(a) (i) Purchases Journal PJ01
Date Particular Folio Amount Total
2016 RM RM
Jun 1 Johnson and Gary （6,300 x 90%） PL02 5,670
11 Regan （3,000X0.9） PL01 2,700
23 Regan（50 x 8 x 95%） PL01 380
29 Lee PL03 2,000
30 Purchases Account GL03 10,750
(ii) Sales Journal SJ01
2016 RM RM
Jun 3 Oliver SL02 4,000
10 Paul （6,000X 90%） SL01 5,400
13 Paul （40 x 40 x 80%） SL01 1,280
30 Sales Account GL01 10,680
(iii) Sales Returns Journal SRJ01
2016 RM RM
Jun 7 Oliver SL02 100
11 Paul SL01 500
15 Paul （1,280X 1/4） SL01 320
30 Sales Returns Account GL04 920

(iv) Purchases Returns Journal PRJ01

2016 RM RM
Jun 28 Regan（10 x 8 x 95%） PL01 76
382828 30 Purchases Returns Account GL02 76

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 General Ledger
b Sales GL01
Date Particulars F Amount Date Particulars F Amount
2016 RM
Jun30 Accounts Receivable SJ01 10,680
Purchases Returns GL02
2016 RM
Jun30 Accounts Payable PRJ01 76
Sales Ledger
Paul SL01
2016 RM 2016 RM
Jun10 Sales SJ01 5,400 Jun11 Sales Returns SRJ01 500
13 Sales SJ01 1,280 15 Sales Returns SRJ01 320
Purchases Ledger
Regan PL01
2016 RM 2016 RM
Jun28 Purchases Returns PRJ01 76 Jun11 Purchases PJ01 2,700
23 Purchases PJ01 380

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Question 1 (General Journal)
The following were the transactions of Dover for the month of May Year 18:
May 1 Dover’s assets and liabilities as at this date as follow：
Motor Van RM 25,000 ；Bank Current Account RM 1,000；Office Furniture RM 2,000，
Inventory RM 2,000 ； Cash in hand RM 500 ；Mortgage Loan RM 10,000
Trade Receivable：Kevin RM 2,000
Trade Payable ：Yeo RM 3,000
2 Dover took goods valued at RM 920 for his own use .
8 Owner purchased a delivery van on credit from Town Motor RM 12,000
15 Proprietor sold old office furniture on credit to Dan for RM 450.
27 Dover brought in his own Lorry RM 8,000 as additional capital
In the books of Dover ,
General Journal GJ01
Date Particular Folio Debit Credit
Year 18 RM RM
May 1 Motor Van 25,000
Bank Current Account 1,000
Office Furniture 2,000
Inventory 2,000
Cash in hand 500
Trade Receivable- Kevin 2,000
Mortgage Loan 10,000
Trade Payable- Yeo 3,000
Capital （32,500- 13,000） 19,500
32,500 32,500
（Being assets, liability and capital as this date）

2 Drawings 920
Purchases 920
（Being Dover took goods for his own use）

8 Motor Van 12,000

Other Payable- Town Motor 12,000
(being purchased delivery van on credit from Town Motor）

15 Other Receivable- Dan 450

Office Furniture 450
（being old old office furniture on credit to Dan

27 Motor Van 8,000

Capital 8,000
(being Dover brought in his own Lorry as additional capital）

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Question 2 (General Journal)
Show the entries needed in the general journal on 1 January 2018 for opening a set of books for .
The following assets and liabilities existed on 1 January 2008：
Buildings RM 20,000; Fixtures RM 9,000；Inventory RM 1,275； Bank Overdraft RM 9,134Petty Cash RM 42；
Loan owing to T Lee RM2,400 ；Accounts receivable: K Sing RM492, L Mok RM1,360.
Accounts payable: W Ng RM 545, T Wing RM 292.
The following were the transactions for the month:
Jan 1 Neal donated old computer RM 2,000 to private school
12 Owner bought motor vehicle by private bank account RM 3,000 outside the business
13 Proprietor took business’ equipment RM 8,000 for personal use
15 Neal taking goods from Inventory RM 7,000 as free gift to customers
21 Owner bought a shop fitting on account from Lin and Tan RM 12,000
In the books of Neal ,
General Journal GJ01
Date Particular Folio Debit Credit
2018 RM RM
Jan 1 Buildings 20,000
Fixtures 9,000
Inventory 1,275
Petty Cash 42
Accounts receivable: K Sing 492
Accounts receivable: L Mok 1,360
Bank Overdraft 9,134
Loan from T Lee 2,400
Accounts payable: W Ng 545
Accounts payable: T Wing 292
Capital （32,169- 12,371） 19,798
32,169 32,169
（Being assets, liability and capital as this date）

1 Donation Expenses 2,000

Office Equipment 2,000
（Being donated old computer to private school）

12 Motor Vehicle 3,000

Capital 3,000
(being brought in motor vehicle as capital)

13 Drawings 8,000
Office Equipment 8,000
（being took business’ equipment for personal use）

15 Advertising Expenses 7,000

Purchases 7,000
(being taking goods as free gift to customers）

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 21 Fitting 12,000
Other Payable- Lin and Tan 12,000
（being bought a shop fitting on account from Lin and Tan）

Question 3(General Journal)

You are required to record the following transaction in the General Journal of Nash on Year13
Nov 1 Nash’s assets and liabilities as at this date as follow：
Leasehold Premises RM 95,000 ；Bank Overdraft RM 11,000；Plant and Machinery RM 32,000，
Inventory RM 12,000 ；Petty Cash RM 500 ；Loan from Maybank RM 20,000
Sales Ledger：Sammy RM 21,000
Purchases Ledger：Paul RM 13,000
3 Nash drew out goods RM 200 for private purpose
10 RM300 worth goods distributed from stock as free samples as part of an advertising campaign.
16 Patrick sent an invoice for RM3,800 to Nash for repairs to factory roof.
25 Withdrawal of goods bought for resale for his personal use; value was RM520.
30 A old lorry was purchased from Lee Motor Company on credit for RM 5,000
In the books of Nash ,
General Journal GJ01
Date Particular Folio Debit Credit
Year13 RM RM
Nov 1 Leasehold Premises 95,000
Plant and Machinery 32,000
Inventory 12,000
Petty Cash 500
Accounts receivable: Sammy 21,000
Bank Overdraft 11,000
Loan from Maybank 20,000
Accounts payable: Paul 13,000
Capital （160,500- 44,000） 116,500
160,500 160,500
（Being assets, liability and capital as this date）

3 Drawings 200
Purchases 200
（Being Nash took goods for his private purpose）

10 Advertising Expenses 300

Purchases 300
(being taking goods as free samples of an advertising campaign）

16 Repairs Expenses 3,800

Other Payable- Patrick 3,800
（being Patrick sent an invoice for repairs to factory roof）

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25 Drawings 520
Purchases 520
（Being Nash took goods for his personal use）

30 Motor Vehicle 5,000

Other Payable - Lee Motor Company 5,000
（being bought old lorry was on credit from Lee Motor Company）

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Question4 (General Journal)
You are required to record the following transaction in the General Journal of Larry on 2013
2013
Feb 2 Bought office equipment from Emma Office Appliance Ltd on credit for RM 25,000
5 A motor vehicle was sold to Liz Hung on credit at its cost price of RM 20,100
9 A machine which was previously bought from Harry Ltd at a cost of RM 5,700 was found to be
unsuitable. , it was returned to Harry Ltd and he agreed to provide a full refund next month.
12 The owner of a business contributed furniture valued at RM 3,000.
15 The proprietor took furniture costing RM 500 from the business for his personal use.
18 Owner took a computer costing RM 8,000, some goods costing RM1,600 and cash RM 4,000 out of
the business for her personal use.
19 Teddy Co. sent a bill for RM260 for purchase and installation of new lights and fittings.
In the books of Nash ,
General Journal GJ01
Date Particular Folio Debit Credit
2013 RM RM
Feb 2 Office Equipment 25,000
Other Payable- Emma Office Appliance Ltd 25,000
（Being bought office equipment from Emma Office Appliance Ltd on credit）

5 Other Receivable- Liz Hung 20,100

Motor Vehicle 20,100
（Being motor vehicle was sold to Liz Hung on credit）

9 Other Receivable- Harry Ltd 5,700

Machine 5,700
（Being returned unsuitable machine to Harry Ltd and a full refund next month）

12 Furniture 3,000
Capital 3,000
(being owner of a business contributed furniture）

15 Drawings 500
Furniture 500
（being took furniture for his personal use）

18 Drawings 13,600
Purchases 1,600
Cash 4,000
Office Equipment 8,000
（Being took computer, goods and cash for his personal use）

19 Fittings 260
Other Payable - Teddy Co. 260
（being purchase and installation of new lights and fittings on credit from Teddy Co）

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Question 1 （Cash Book）. （2013 年年中考）
Mr. Tee maintained a three column Cash Book to record the business transactions
On 1st January Year 8, Mr. Tee had cash in hand of RM 6,200 and a bank overdraft of RM 1,800.
During the month of January Year 8, Mr. Tee made the following transactions:
Jan 01 Cash purchases from Lim Trading RM600.
4 Cash sales and banked in RM2, 950.
5 Mr. Tee took out cash RM 200 for his wife to pay the household expenses.
7 Received cheque from Ah Koon in full settlement of his debt RM 6,000, less 5% cash discount.
8 Paid Universal Ltd by cheque for the debt of RM2,800 being allowed 2½% cash discount.
10 Bought a notebook computer and printer for office use by cheque RM 2,100.
12 Issue cheque to John for goods bought in the previous month amounting to RM 3,000,
less 20% trade discount.
15 Interest on fixed deposit RM 180 banked in.
18 Withdrew cash RM 700 from bank for office use.
22 Paid insurance premium by cash RM 550.
26 Mohamed settled his account by cheque RM 1,520 after deducting 5% cash discount.
28 Paid wages and salaries by cheque RM 3,200.
30 Received rental by cheque RM650.
You are required to enter the above transactions in a three-column Cash book, and balance off the Cash Book
and posting the related transactions from the Cash Book to the accounts.
In the Books of Mr. Tee ,
Cash Book CB01
Date Particular Fol Discount Cash Bank Date Particular Fol Discounts Cash Bank
s Allowed Received

Year 8 RM RM RM Year 8 RM RM RM
Jan 1 Balance b/d 1,200 Jan 1 Balance b/d 1,800
4 Sales GL02 2,950 1 Purchases GL01 600
7 Account Receivable- SL01 5 Drawings GL03 200
Ah Koon(6,000X5%) 300 5,700
15 Interest on fixed deposit GL05 180 8 Account Payable- PL01 70 2,730
Universal Ltd
18 Bank C 700 10 Office Equipment GL04 2,100
26 Account Receivable- SL02 80 1,520 12 Account Payable- PL02
Mohamed（w1） John Lee 2,400
30 Rental Income GL08 650 18 Cash C 700
31 Balance c/d 1,930 22 Insurance Expenses GL06 550
28 Wages and Salaries GL07 3,200
31 Balance c/d 550
GL09 380 1,900 12,930 GL10 70 1,900 12,930

Feb1 Balance b/d 550 Feb1 Balance b/d 1,930

（w1）Discounts Allowed=1,520/0.95X5%=80
In the books of Mr. Tee,
General Ledger
Purchases Account GL01
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 8 RM Year 8 RM
Jan 1 Cash CB01 600

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 Sales Account GL02
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 8 RM Year 8 RM
Jan 4 Bank CB01 2,950
Drawings Account GL03
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 8 RM Year 8 RM
Jan 5 Cash CB01 200
Office Equipment Account GL04
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 8 RM Year 8 RM
Jan10 Bank CB01 2,100
Interest on fixed deposit Account GL05
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 8 RM Year 8 RM
Jan15 Cash CB01 180
Insurance Expenses Account GL06
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 8 RM Year 8 RM
Jan22 Cash CB01 550
Wages and Salaries Account GL07
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 8 RM Year 8 RM
Jan28 Bank CB01 3,200
Rental Income Account GL08
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 8 RM Year 8 RM
Jan30 Bank CB01 650
Discounts Allowed Account GL09
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 8 RM Year 7 RM
Jan 31 Accounts Receivable CB01 380
Discounts Received Account GL10
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 8 RM Year 8 RM
Jan 31 Accounts Payable CB01 70
Purchases Ledger
Universal Ltd PL01
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 8 RM Year 8 RM
Jan 8 Discounts Received CB01 70
8 Bank CB01 2,730
John Lee PL02
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 8 RM Year 8 RM
Jan12 Bank CB01 2,400
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 Sales Ledger
Ah Koon SL01
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 8 RM Year 8 RM
Jan 7 Bank CB01 5,700
7 Discounts Allowed CB01 300
Mohamed PL03
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 8 RM Year 8 RM
Jan26 Discounts Allowed 80
26 Bank 1,520

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Question 2 （Cash Book）
Johnson maintained a three column Cash Book to record the business transactions.
Enter the following transactions in the books of Johnson for the month of December Year 6.
1 Johnson started business with cash RM 28,000.
2 Deposited cash into bank RM 12,500.
2 Bought furniture for office use by cheque RM1,850.
2 Paid rent by cheque RM 2,600.
3 Bought goods by cheque RM1,900, less 20% Trade Discount.
6 Cash sales RM 2,580.
8 Proprietor drew cheque for his own use RM 500.
8 Paid Carriage Outwards RM 255 by cash and RM 335 by cheque.
10 Bought Stationery and paid by cash RM 400.
11 Drew out cash from bank for business use RM 500.
14 Sent a cheque RM 2,050 to ABC Co. and received discount RM 50.
15 Received cheque RM870 from K. Smart, after deducting RM20 as cash discount.
17 Johnson brought in further cash into business for RM 3,000 of which RM 2,000 was banked in.
19 Cash sales banked in RM 1,430.
25 John issued cheque of RM295 to pay the electricity bill of his private residence.
26 Sent credit note for goods returned by Cash Customer-XYZ Bhd worth RM700.
30 Received a cheque from Ali for settling his account of RM 1,000, 10% cash discount was allowed.
31 Paid Salaries for cash RM 1,560 and Water and electricity for cash RM 408.
In the Books of Johnson ,
Cash Book CB01
Date Particular Fol Discounts Cash Bank Date Particular Fol Discounts Cash Bank
Allowed Received

Year 6 RM RM RM Year 6 RM RM RM

Dec1 Capital GL01 28,000 Dec2 Bank C 22,500

2 Cash C 22,500 2 Furniture and Fixtures GL02 1,850
6 Sales GL07 2,580 2 Rental Expenses GL03 2,600
11 Bank C 500 3 Purchases GL04 1,900
15 Account Receivable- SL01 20 870 3 Motor Vehicle GL05 8,500
K. Smart,
17 Capital GL01 1,000 2,000 4 Carriage Inwards GL06 160
19 Sales GL07 1,430 8 Drawings GL08 500
26 Sales Returns GL11 700 8 Carriage Outwards GL09 255 335
30 Account Receivable- SL02 100 900 10 Stationery GL10 400
Ali
11 Cash C 500
14 Account Payable PL01 50 2,050
ABC Co.
25 Drawings GL08 295
31 Salaries GL12 1,560
31 Water and electricity GL13 408
31 Balance c/d 7,497 9,170
GL14 120 32,780 27,700 GL15 50 32,780 27,700
Year 7

Jan1 Balance b/d 7,497 9,170

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In the books of Johnson,
General Ledger
Discounts Allowed Account GL14
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 6 RM Year 6 RM
Dec 31 Total Accounts Receivable CB01 120
Discounts Received Account GL15
Date Particulars Fol Amounts Date Particulars Fol Amounts
Year 6 RM Year 6 RM
Dec 31 Total Accounts Payable CB01 50

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Question 3 （Cash Book）
Johnson maintained a three column Cash Book to record the business transactions.
Enter the following transactions in the books of Johnson for the month of December Year 6.
Jan 01 Proprietor brought in further cash into business for RM 8,000 of which RM 2,000 was banked in.
03 Bought shop fittings and paid by cheque RM 480
04 Cash sales to Mary and banked in RM2, 950 and paid carriage on sales RM200
05 Johnson took out cash RM 200 for his wife to pay the household expenses.
06 Paid Carriage Outwards RM 55 by cash and RM 35 by cheque.
10 Bought a notebook computer and printer for office use by cheque RM 2,100.
10 Mary returned damaged goods RM 210.
12 Issue cheque RM 860 to Lim Trading and received discount RM 40.
13 Received cheque RM2,000 from L. Smart, after deducting RM50 as cash discount.
15 Interest on fixed deposit RM 180 banked in.
18 Loan to Ali for cash RM 100
18 Withdrew cash RM 700 from bank for office use.
22 Paid insurance premium by cash RM 550.
26 Paid Lee & Co by cheque for the debts of RM3,600 being allowed 5% cash discount.
28 Issued a receipt to Peter for the sold of goods RM120.
30 Received a receipt from Jin for the purchased of goods RM220.
30 Issued a cheque RM800 for goods returned from Cash Customer.
31 Received a refund by cheque for RM800 for goods returned to a supplier.
In the books of Johnson,
Cash Book CB01
Date Particular Fol Discounts Cash Bank Date Particular Fol Discounts Cash Bank
Allowed Received

Year 6 RM RM RM Year 6 RM RM RM

Jan 1 Capital 6,000 2,000 Jan3 Shop Fittings 480

4 Sales 200 2,950 4 Carriage Outwards 200
13 Account Receivable - 50 2,000 5 Drawings 200
L. Smart
15 Interest on 180 6 Carriage Outwards 55 35
fixed deposit
18 Bank C 700 10 Office Equipment 2,100
28 Sales 120 10 Sales Returns 210
31 Purchases 800 12 Account Payable 40 860
Returns - Lim Trading
31 Balance c/d 465 18 Loan to Ali 100
18 Cash C 700
22 Insurance 550
26 Account Payable 180 3,420
- Lee & Co
30 Purchases 220
30 Sales Returns 800
31 Balance c/d 5,485
50 7,050 8,395 220 7,050 8,395
Year 6 Year 6

Feb1 Balance b/d 5,485 Feb1 Balance b/d 5,485 465

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Question 4 （Cash Book）（2017 年年中考）
Mr. K Chen operates trading business. He maintained a three-column Cash Book to record the business
transactions. The following transactions were made in February 2017.
Feb 01 Cash balance brought down was RM 960.
01 Bank balance brought down was RM 1,885.
02 The proprietor brought in further capital of RM 8,500 in cash.
03 Deposited cash RM 7,000 into the bank.
05 Bought stationery for RM 60 in cash
08 Bought RM 1,500 worth of goods by cheque.
08 Paid RM 300 in cash for rent.
09 Made cash sales of RM 2,800 and deposited the proceeds into the bank.
10 Bought a showcase for RM 2,750 by cheque.
12 Paid bank charges of RM 130.
15 Interest on fixed deposit RM 180 banked in.
18 Paid rates and insurance of RM 1,080 in cash.
22 Received cheque from Sky Lee in full settlement of his debt RM 3,600, less 5% cash discount.
24 Settled to supplier -Vincent Lau RM 2,455 by cheque, after deducting a discounts of RM 45.
27 Wages on purchases of RM 3,600 were paid by cheque.
27 The proprietor took RM500 cash and goods costing RM400 for personal use.
You are required to:
(a) Entered the above transactions in a three-column Cash Book.
(b) Balance off the cash book at the end of the month and show the necessary entries in the discounts
accounts in the general ledger.
In the books of K Chen:
Cash Book CB01
Date Particulars F Discounts Cash Bank Date Particulars F Discounts Cash Bank
Allowed Received

2017 RM RM RM 2017 RM RM RM
Feb1 Balance b/d 760 1,885 Feb3 Bank C 7,000
02 Capital 8,500 5 Stationery 60
03 Cash C 7,000 8 Purchases 1,500
09 Sales 2,800 8 Rental Expenses 300
15 Interest on Fixed Deposit 180 10 Office Equipment 2,750
22 Sky Lee （A.R.） 180 3,420 12 Bank charges 130
18 Rates and insurance 1,080
24 Vincent Lau（A.P.） 45 2,455
27 Salaries 3,600
27 Drawings 500
28 Balance c/d 320 4,850
GL01
180 9,260 15,285 45 9,260 15,285

Mar1 Balance b/d 320 4,850

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 General Ledger
Discounts Allowed
2017 RM RM
Feb 28 Accounts Receivable 180

Discounts Received
RM 2017 RM
Feb 28 Accounts Payable 45

Question 5（Cash Book）

Gary maintained a three-column cash book to record his business transactions.
On 1 January 2017, Gary had cash in hand of RM3,500 and a bank overdraft of RM2,750.Sales Ledger: Paul
RM 5,000 and Purchases Ledger：Kevin RM 4.000
The following are transactions of Gary in the month of January 2017.
1 Gary deposited RM5,000 cash into the business bank account as additional capital.
2 Paid Carriage of Sales RM 50.
3 Cash sales and banked in RM600.
7 Bank charges RM 36.
9 Received rental from tenant in cash RM 250.
10 Loan to Ali for cash RM 100.
12 Cash purchases from Lily Sdn. Bhd RM 3,600, and paid carriage for goods purchased RM200.
12 Gary drew cheque RM 400 to pay his own expenses.
14 Deposited cash RM500 into the bank
17 Received cash RM 4,900 from Paul for full settlement of his account.
17 Bought shop fittings and paid by cheque RM 480.
19 Bought goods by cheque RM 220.
20 Kevin settled his partial debts of RM 1,000; RM 600 being in cash and RM 400 by cheque.
21 Gary brought in further cash into business for RM 3,000 of which RM 2,000 was banked in.
23 Paid Tan and Lee by cheque for the debts of RM720 being allowed 5% cash discount.
25 Transferred cash RM700 from office to bank.
26 Paid Lee & Co by cheque for the debts of RM3,600 being allowed 5% cash discount.
27 Sent a cheque to Kevin to full settle his account, less 2% cash discount.
30 Paid the following expenses by cash: Advertising Fee RM 110, Stationery and printing RM 85
You are required to enter the above transactions in a three-column Cash book
n the Books of Gary ,
Cash Book CB01
Date Particular Fol Discounts Cash Bank Date Particular Fol Discounts Cash Bank
Allowed Received

2017 RM RM RM 2017 RM RM RM
Jan 1 Balance b/d 3,500 Jan 1 Balance b/d 2,750
1 Capital GL01 5,000 2 Carriage Outwards GL02 50
3 Sales GL03 600 7 Bank charges GL04 36
9 Rental Income GL05 250 10 Loan To Ali GL05 100
14 Cash C 500 12 Purchases GL06 3,600
17 Account Receivable SL01 100 4,900 12 Carriage Inwards GL07 200
-Paul
21 Capital GL01 1,000 2,000 12 Drawings GL08 400

Wee revision 2018

 25 Cash C 700 14 Bank C 500
31 Balance c/d 3,510 17 Furniture and Fixtures GL09 480
19 Purchases GL06 220
20 Account Payable PL01 600 400
–Kevin
23 Account Payable PL02 36 684
Tan and Lee
25 Bank C 700
26 Account Payable PL02 180 3,420
Lee & Co
27 Account Payable PL03 80 3,920
Kevin
30 Advertising Fee GL10 110
30 Stationery and Printing GL11 85
31 Balance c/d 3,705
100 9,650 12,310 296 9,650 2,310

Feb1 Balance b/d 3,705 Feb1 Balance b/d 3,510

Wee revision 2018