Reference no: EM132741242

Rizalman Hamburger Shop sells hamburger and chips to students in surrounded schools. The owner, Mr Rizal recorded the transactions happened in the first week of August into his notebook. 1. Received RM1,500 cash for selling 300 hamburgers. 2. Purchased 20 kg of hamburger meat from a local butcher on credit, each kg cost RM5.00 3. Paid gas expense by cash RM400. 4. Paid weekly wages to Julia of RM400. 5. Send invoice to a local resident for setting a hamburger party, RM600 6. Sold off old hamburger machine cost RM500 for RM650. 7. Repay loan instalment of RM500 that includes RM20 interest. 8. Mr Rizal withdrew RM300 cash for personal use. 9. Purchased a new hamburger machine cost RM1,200 with paying 10% of cash deposit, and the rest is on credit payable in 2 months.

REQUIRED:

Problem 1: Show the effect of each of the above transactions [Plus sign (+) for increasing effect, Minus sign (-) for decreasing effect] in the transaction analysis table provided. You are NOT required to calculate the new balance after each transaction has been entered.