Mr Farid open a company, named Besraya Enterprise. The Trial Balance of BESRAYA ENTERPRISE as at August 31, 2007, is as follows.
|
BESRAYA Enterprise Trial Balance August 31, 2007 |
||
|
Debit |
Credit |
|
|
RM |
RM |
|
|
Cash |
280 |
|
|
Account receivable |
120 |
|
|
Prepaid rent |
80 |
|
|
Supplies |
100 |
|
|
Office equipment |
500 |
|
|
Rent expense |
40 |
|
|
Salaries expense |
200 |
|
|
Depreciation expense |
60 |
|
|
Farid, drawing |
20 |
|
|
Accumulated depreciation Equipment |
|
100 |
|
Account payable |
|
200 |
|
Farid, capital |
|
300 |
|
Rent revenue |
|
800 |
|
RM1,400 |
RM1,400 |
|
Other data:
(a) Prepaid rent expired during August, RM 40.
(b) Depreciation expense on office equipment for the month of August, RM 60.
(c) Supplies on hand on August 31 amounted to RM 70.
(d) Salaries expense incurred at August 31 but not yet paid amounted to RM 140.
Instructions:
Enter the trial balance on a work sheet and complete the work sheet.