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Prepare journal entries and trial balance

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Reference no: EM132649209

Question - Atirah started The Atirah's Co., a new business that began on July 1, 2019. The following events occurred in the first month of its operation:-

July 1 Atirah, the owner, invested RM 200,000 cash in the business.

July 3 Purchased RM 25,000 office equipment on credit. Paid RM15,000 and the remaining is on credit.

July 8 Provided consulting services for a client RM8,000. Received RM 4,000 cash and the remaining is on account.

July 19 Received RM3,500 cash advanced from the client for the services that have not been provided yet.

July 20 Atirah withdrew RM 1,500 cash to buy a new microwave for her home.

REQUIRED -

a. Prepare journal entries.

b. Post to the 'T' account.

c. Prepare trial balance.

Reference no: EM132649209

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