Received a cash payment of RM10,000 for goods sold. - Debit Cash
Credit Revenue
Paid the bank loan repayment RM250 by online transfer. - Debit Loan
Credit Bank
Purchase building costing RM 350,500 by using long term loan from Maybank. - Debit Building
Credit Long Term Loan
Buy products from Protona Holding worth RM14,000 on credit. - Debit Purchase
Credit Account Payable
The owner withdraws goods worth RM 600 for personal use. - Debit Drawing
Credit Purchase
Paid RM800 for office rent for the month by cash. - Debit Office Rent
Credit Cash
Owner withdrew RM200 cash from the business for his own use. - Debit Withdrawal
Credit Cash
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