Answer Happy

You are required to prepare a written report for the following tasks. Transactions for the month of January of Joy Delights Café are given as the following 2021 Jan 1 Started in business with RM105,000 cash 2. Put RM90,000 of the cash into a bank account 3 Bought goods for cash RM5,500 4 Bought goods on credit from: Eddy RM800, Franky RM930; Smith RM160; Liew RM510 5 Bought stationery on credit from Buttons Ltd RM89 Sold goods on credit to: Tomy RM170, Eric RM240; Malcom; RM326. Tim RM204. 8 Paid rent by cheque RM220 10 Bought fixtures on credit from Chiefs Bhd RM610. 11 Paid salaries in cash RM790. 14 Returned goods to Franky RM30; Smith RM42. 15 Bought van by cheque RM6,500. 16 Received loan from Barclay by cheque RM2,000. 18 Purchases retum: Tony RM5, Malcom RM120. 21 Cash sales RM145 Sold goods on credit to Eric RM130. Tim RM410, Paul RM1158. Rasilink paid the following by cheque: Franky RM1900. Smith RM118 29 Received cheques from Paul RM158, Eric RM370. 30 Received a further loan from Barclay by cash RM500 Received RM614 cash from Tim. 26. a) Extract a tal balance.