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Understanding the accounting journal

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Understanding the accounting journal

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About this activity

Journal entry

Created by

Muhsinah Hasanar
Muhsinah Hasanar
Malaysia

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Understanding the accounting journal
 

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Understanding the accounting journalOnline version

Journal entry

by Muhsinah Hasanar
1

Printer Bank Megah Holding Cash Cash Printer Megah Holding Capital

1Apr Bought a printer worth RM 600 from Megah Holding and promised to pay later
Dr RM 600
Cr RM 600

5Apr Bought a printer worth RM 200 from Jalin Enterprise with cash
Dr RM 200
Cr RM 200

20Apr Paid the amount owed to Megah Holding for full settlement by cash
Dr RM 600
Cr RM 60 0

 
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