Date
October 1, 2020
October 2 October 4 October 8 October 10
October 12 October 15 October 18 October 25 October 28 October 30
October 31 October 31
Transaction
Owner invested RM500,000 cash along with computer equipment that had a market value of RM120,000 two years ago but was now worth RM100,000 only.
Paid RM15,000 cash for the rent of office space for the month.
Purchased RM12,000 of additional equipment on credit (due within 30 days).
Completed work for a client and immediately collected the RM32,000 cash.
Completed work for a client and sent a bill for RM27,000 to be paid within 30 days.
Purchased additional equipment for RM8,000 in cash.
Paid an assistant RM6,200 cash as wages for 15 days.
Collected RM15,000 on the amount owed by the client.
Paid RM12,000 cash to settle the liability on the equipment purchased. Owner withdrew RM500 cash for personal use.
Completed work for another client who paid only RM40,000 for 50% of the system design.
Paid salary of assistant RM700.
Received electricity bill, RM1,800 and water bill RM 3,800.