Even complicated and confusing topics will be easily developed and covered if you request our help writing an essay. Place an order today!


1.      This assignment consists of THREE (3)questions. Students need to answer ALLquestions.

2.      This assignment represents 30% of the total assessment for the module.

3.      Please read the assessment guidelines at the end of the assignment questions.

Question 1

Ibrahim has recently opened a pastry stall and his transaction during May were as follows:

May 1    Started in business with RM1,500 in the bank and RM500 cash.

May 2   Purchased goods to the value of RM1,750 from Dinah, agreeing credit terms of 60 days.

May 3    Bought fixtures and fittings for the pastry for RM150, paying by cheque

May 6    Bought goods on credit from Fatimah for RM115.

May 10  Paid rent of RM300 paying cash.

May12   Bought stationery for RM75 paying by cash.

May14   Sold goods on credit, value RM125, to Hung.

May20   Bought an old van for deliveries for RM2,000 on credit from John.

May30   Paid wages of RM450 net for the month by cheque.

May31   Summarised cash sales for the month and found them to be RM2,500. Took a cheque

  for RM500 as own wages for the month. Banked RM2,000 out of the cash sales over the


May31   Closing stock was RM500.

You are required to:

(a)  Enter the following transactions in the ledger of Ibrahim and balance off the accounts;

(b)  Prepare a trial balance at 31 May;

(c)  Prepare an income statement at 31 May;

(d)  Prepare a statement of financial position as at 31 May.

testimonials icon
Hi, need to submit a 2000 words paper on the topic Threats to Natural Resources in Brazil....
testimonials icon
Using at least three (3) of the codes, declarations, or other ethical guidances identified in this week's reading, explain how the research...
testimonials icon
Discussion There are two major phases to photosynthesis: When light energy strikes chlorophyll molecules, electrons are energized and passed from c...
testimonials icon
Assignment 6SHOW CALCULATIONS AT ALL TIMES: Answer the following questions in detailed andclear terms:1. Consider the table below. We can use these d...
testimonials icon
There are 3 part of this homework, please follow the guidelines very carefully and write correctly.If you have any questions please...
testimonials icon
Running head: TWILIGHT: LOS ANGELES, 1992Twilight: Los Angeles, 1992.NameInstitution12TWILIGHT: LOS ANGELES, 1992Twilight: Los Angeles 1992Antonin Ar...
testimonials icon
Case Study 1: Laptop Versus Tablet: Which One to Buy? Due Week 3 and worth 120 points Read the c...
testimonials icon
Read the following ;Acme Security Policy. Assess this security policy in four major areas.What is missing, incomplete, inaccurate, or il...
testimonials icon
Hi, im required to model a business p...
testimonials icon
testimonials icon
Execute leadership at all levels of private and public healthcare policies, resource allocation, and priority setting Analyze and reso...
testimonials icon
 Part A1. Select a product of interest.  Perform a patent search for patents related to the product based on...

Other samples, services and questions:

Calculate Price

When you use PaperHelp, you save one valuable — TIME

You can spend it for more important things than paper writing.

Approx. price
Order a paper. Study better. Sleep tight. Calculate Price!
Created with Sketch.
Calculate Price
Approx. price