book keeping ex 15

				General Ledger
Date	Particular							Dr.	Cr.
1997								RM	RM
Jul-01	Business Purchase							90,000
		Vendors (欠债人1)							90,000
1	Freehold Premises							45,000
	Plant and Machinery							25,000
	Debtors ( All Invoices taken over ) (有bad debts会降值)							6,000
	Stock							12,000
	Goodwill							6,800
		Provision for bad debts ( RM6,000 x 5% )							300
		Creditors							3,000
		Bank ( overdraft)							1,500
		Business Purchase ( A/c closed) (是balancing figure)							90,000
1	Vendors							90,000
		Ordinary Share Capital ( 150,000 sh x RM0.5 )							75,000
		Share Premium (150,000 sh x RM0.1)							15,000
				Body Ltd
				Balance Sheet as at 1 july 1997
Fixed Assets							RM	RM	RM
Tangible Fixed Assets
Freehold Premises								45,000
Plant and Machinery								25,000	70,000
Intangible Assets
Goodwill									68,000
									76,800
Current Assets
Stock								12,000
Debtors							6,000
Less : Provision for Bad Debts							300	5,700
								17,700
Less : Current Liabilities
Creditors							3,000
Bank ( overdraft )							1,500	4500
Working Capital									13,200
									90,000
Financed by :
Authorised Capital
300,000 Ordinary Shares of RM0.50 each									150,000
Issued and Paid-up Capital
150,000 Ordinary Shares of RM0.50 each									75,000
Reserves and Surplus
Share Premium									15,100
Shareholders' Fund									90,000