Trial Questions Form 4

The following information is a transaction from Guan Furniture Store. I Returning a table because it is damaged II Selling chairs on credit to Sedap Restaurant III Issuing two units of chairs for home use IV Buying a printer on credit from Imika Bhd Which transactions are recorded in the Special Journal?

• I and II

• I and IV

• II and III

• III and IV

Which transaction is a contra entry in the Cash Book?

• Withdrawing cash from the bank to pay supplier debts

• Taking cash from the bank for family use

• Transferring personal cash into the business bank

• Depositing business cash into the bank

The following is a transaction from Harmoni Electric Store. On March 6, 2024, the business owner purchased an air conditioner for RM15,000 from Suria Electric Company using a transfer from his personal account. How is this transaction recorded in the General Journal?

• March 6 Purchase Suria Electric Company 15,000 15,000

• March 6 Equipment Suria Electric Company 15,000 15,000

• March 6 Purchase Capital 15,000 15,000

• March 6 Equipment Capital 15,000 15,000

Which transaction is recorded in the Special Journal? I Selling goods on credit II Buying furniture on credit for store use III Bringing personal vehicles into the business IV Returning goods bought due to wrong brand

• I and II

• I and IV

• II and III

• III and IV

Which journal function is correct? Journal Function A General Journal Records cash and goods withdrawals B Purchase Journal Records non-current asset purchases on credit C Cash Receipt Journal Records cash sales of goods D Sales Return Journal Records returns of goods from buyers

• A

• B

• C

• D

Among the following, which transaction is recorded in the General Journal? I Outgoing transport mistakenly recorded as incoming transport II Withdrawal of goods for family use III Returning goods to the supplier IV Selling goods on credit

• I and II

• I and IV

• II and IV

• III and IV

Ain started a business with cash in hand of RM5,000 and a vehicle worth RM7,000. What is the appropriate First Record Book to record this transaction?

• General Journal

• Purchase Journal

• Sales Return Journal

• Cash Receipt Journal

The following transaction information is obtained from Saniah's Store. On March 17, 2024, the owner took goods worth RM450 to donate to an orphanage. What is the correct general journal entry?

• March 17 Donation Purchase 450 450

• March 17 Donation Inventory 450 450

• March 17 Purchase Inventory 450 450

• March 17 Withdrawal Purchase 450 450

The following information is obtained from the cash book excerpt of Ara Enterprise. Cash Book Date Details Cash Bank Date Details Cash Bank 2024 RM RM 2024 RM RM June 1 Balance b/f 1 450 June 20 Sarah 960 7 Sarah 960 Which transaction refers to the entry on June 20, 2024?

• Receiving a check from Sarah

• Check from Sarah canceled

• Cash sale to Sarah banked

• Payment to Sarah by check

Which document serves as the source record for the Sales Journal?

• Memo

• Original Invoice

• Debit Note (copy)

• Credit Note (copy)