Exercie on double entry OD2019

Additional Questions

Question 1
Complete the following table : Increase (↑) and decrease (↓) AND account to be
debited(DR) and to be credited(CR)

Transactions A L C E R DR CR

1 Started business with RM50,000

into the bank

2 Bought machine worth RM30,000

by cheque

3 Withdrew cash from bank for own

use

4 Sold goods on credit for RM200

to Ali

5 Paid supplier in full RM500 by

cheque

6 Bought goods RM1000 and pay

by cash

7 Samad loan us RM1000 by

cheque

8 Purchased goods on credit from

XYZ Ltd RM1500

9 Cash Sales RM500

10 Bought equipment from TEE Bhd

Question 2
Enter the following transactions, completing the double entry in the books of DW for the
month of October 20X7

Date Details A/c to be A/c to be
Debited Credited

1 Oct Started business with RM10,722 in the
bank.
2 Oct
Purchased goods RM714 on credit from
3 Oct S Cullis.

5 Oct Bought vehicles RM224 paying by
6 Oct cheque.

10 Oct Sold goods for cash RM1,253
12 Oct
Bought goods on credit RM721 from G
18 Oct Nulty.
21 Oct
23 Oct Paid rent by cash RM83

24 Oct Bought stationery RM188, paying in
cash.
30 Oct
31 Oct Goods returned to S Cullis RM8

Received commission by cheque RM41

Sold goods on credit to S Matthews for
RM1,146

Bought plant and vehicles paying by
cheque RM426

Paid the month's wages by cash RM229

The owner took cash for his own
personal use RM294

Question 5

Wira Book Centre is a well known book shop in KayPeEMB. The transactions for the
month of May 2009 are shown below :

A/c to be A/c to be
Debited Credited

May 2 Deposited RM3,000 cash into the bank account
Sold goods to Best Book Agency in cash, RM600
3 Paid expenses owing RM340 by cheque
4 Bought office furniture and paid by cheque RM200
5 Paid office Expenses RM200 by cheque
Purchased typewriter on credit from Smith Equipment
7 RM600
8 Bought goods from Oxford Ltd on credit, RM500
10 Cash Sales RM1500
11 Sold goods to Mehraj & Co on credit RM1000
Mehraj & Co returned goods RM100
12 Returned damaged goods to Oxford Ltd RM50
13 Bought goods from Bamby Ltd on credit RM1000
14 Returned goods to Bamby Ltd RM80
15 Cash Sales RM1000
16 Paid Smith Equipment by cheque RM500
18 Received from Minerva Book Store RM200 cash
Paid Oxford Ltd RM1000 by cheque
19 Cash Sales RM500
Issued cheque for stationery RM200

20 Bought stationery from Sin Heng Stationers RM100 on
credit

22 Returned damaged goods to Oxford Ltd RM300
24 Cash sales RM1000

Sold goods to Mehraj & Co on credit RM500
25 Mehraj & Co returned damaged goods RM200

Sold goods to Best Book Agency on credit RM200
27 Paid salaries RM900 by cheque

Paid wages RM300 by cash
29 Cash Sales RM200

Paid electricity bill RM100 by cheque
30 Received on account from Mehraj & Co RM300 cash

Paid rent RM200 by cheque
Paid telepjone bill RM80 by cheque
31 Mr Ho drew cheque, RM100 for personal use

REQUIRED :
a) Post entries to ledger accounts