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  • Salleh Trading Trial Balance As at 31 March 2022

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    ZAWANI IRSALINA BINTI HAIRUL EMRAN Moe
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    Salleh Trading's trial balance as of March 31, 2022 shows assets like motor vehicles, freehold premises, and investments totaling RM 373,000, liabilities like loans and payables of RM 50,800, and capital of RM 180,000, with revenues such as sales and rent income of RM 356,000 exceeding expenses including purchases, salaries, and rent of RM 229,120.

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    Salleh Trading's trial balance as of March 31, 2022 shows assets like motor vehicles, freehold premises, and investments totaling RM 373,000, liabilities like loans and payables of RM 50,800, and capital of RM 180,000, with revenues such as sales and rent income of RM 356,000 exceeding expenses including purchases, salaries, and rent of RM 229,120.

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    14 views1 page

    Salleh Trading Trial Balance As at 31 March 2022

    Uploaded by

    ZAWANI IRSALINA BINTI HAIRUL EMRAN Moe
    Salleh Trading's trial balance as of March 31, 2022 shows assets like motor vehicles, freehold premises, and investments totaling RM 373,000, liabilities like loans and payables of RM 50,800, and capital of RM 180,000, with revenues such as sales and rent income of RM 356,000 exceeding expenses including purchases, salaries, and rent of RM 229,120.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    Salleh Trading

    Trial Balance as at 31 March 2022


    Particulars Debit (RM) Credit(RM)
    Capital 180,000
    Motor vehicles 120,000
    Rent income 16,000
    Freehold premises 240,000
    Purchases 100,000
    Sales 340,000
    Opening inventory as at 1 April 2021 68,000
    7% Loan Affin Bank 30,000
    Investment 13,000
    Office expenses 400
    Rent expenses 3,120
    Commission income 7,200
    Account receivables 15,900
    Account payables 20,800
    Delivery expenses 2,700
    General expenses 800
    Bank 6,500
    Salaries and wages 19,000
    Rates and insurance 3,040
    Discount allowed 3,500
    Discount received 4,700
    Drawings 800
    Return inwards 2,400
    Return outwards 1,260
    Carriage outwards 800
    Total 599,960 599,960

    Closing inventory on 31 March 2022 was RM 37,700.

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