Reference no: EM132563065
Question - February 2019 Transactions
February 1 - Helena borrowed RM150,000 from CIMB Bank. Interest payable on 1st of every month at 6% per annum, starting in the month of March 2019.
February 1 - Payment for monthly salary by cheque, RM6,000.
February 1 - Sanam Sdn Bhd settled the invoice dated 28 January 2019, by issuing a cheque.
February 1 - Receive first payment of RM10,000 by cheque from RK Sdn Bhd.
February 1 - Accounting services started for AJJ Sdn Bhd.
February 3 -Purchased additional equipment costing, RM50,000 by issuing a cheque.
February 6 -Purchased stationery for cash RM2,000
February 8 -Completed service to AJJ Sdn Bhd and the revenue recognised.
February 8 -Secured an accounting service with TAR Sdn Bhd, starting on 14 February for two weeks.
February 9 -Paid cash for petrol RM500.
February 12 -Started consulting job for PB Sdn Bhd.
February 14 -Started consulting job for TAR Sdn Bhd
February 15 -AJJ Sdn Bhd requested YAP for a follow up job and agreed to pay a fee of RM10,000 for a week's service commencing 16 February.
February 19 -Serviced motor vehicle RM520 cash.
February 23 -Completed job for AJJ Sdn Bhd and invoiced RM10,000
February 24 - Petrol paid RM650.
February 26 - PB Sdn Bhd paid RM6,000 by cheque for an audit job performed from 12 to 25 February 2019.
February 28 - Cash paid for electricity RM500, water RM100. Stationery on hand is RM300.
February 28 - Completed job for RK Sdn Bhd and recognise the revenue.
February 28 - Completed job for TAR Sdn Bhd but an invoice has yet to be issued.
Required - Make journal entries for the transactions.
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