Tuesday 10 January 2012

LET'S DRILL-ACCOUNTING BOOKS

PA101 FUNDAMENTALS OF ACCOUNTING
BOOK OF FIRST ENTRY AND LEDGER

EXERCISE

QUESTION 1


The following information was occurred in August 2011 for Karam Ibtisam Enterprise:

August 1          Started business with:
Cash in bank                                                   RM8000
Cash in hand                                                   RM1500
Furniture                                                         RM7800
Office equipment                                            RM8000
4                    Purchased office table RM450 from Farhan Furniture paid by cheque
7                    Purchased a van cost RM7500 through bank loan
10                Purchased goods from Maliq worth RM500, YangYuq RM730 and BolaYan RM1200
13        Returned goods to Yang Yuq worth RM100 because of damage
17        Sold goods RM700 on credit to Maria, RM600 to Sabarina and 300 to Ali
18        Sent credit note to Maria worth RM38
                        20        Drawing goods worth RM210 for personal use
                        24        Brought in personnel computer for office use
                        25        Paid BolaYan RM350 by cheque
                        26        Received cheque fom Sabarina RM450
                        27        Paid Maliq RM300 and YangYuq RM300 by cheque
                        30        Paid salaries RM 500 by cash

Instruction:
  • ·         Record all transaction into the book of first entry and post to the ledgers
  • ·         Prepare a trial balance as at 31 August 2011



 QUESTION 2

These were transactions for Ride Perfect for Mac 2011:

Mac     1          Baki akaun di awal bulan:
                        Tunai /Cash in Hand                           1175
                        Bank/Cash in Bank                             1300
                        Perabot/Furniture                                2750
                        Stok/Stock                                          2200
                        Alatan Pejabat/Office Equipment       4500
                        Penghutang/Debtor                             1825
                        Pemiutang/Creditor                             1840
                        Modal/Capital                                     ?
            2          Membeli barang niaga RM690 secara kredit
                        Purchase goods RM690 on credit
            4          Jualan sebanyak RM725 secara kredit
                        Sold goods RM725 on credit
7          Pinjaman sebanyak RM1500 yang diterima digunakan untuk membeli computer baru
                        Received loan RM1500 to buy new office computer
            10        Pemilik mengeluarkan sebuah meja pejabat bernilai RM225 untuk kegunaan
peribadi
Owner brought out office table worth RM225 for own purpose      
            13        Menerima cek RM325 daripada penghutang
                        Received cheque RM325 from debtor
16        Menerima nota kredit daripada pembekal untuk barang yang dipulangkan bernilai RM125
Received credit note from supplier RM125
            25        Membayar gaji secara tunai RM165
                        Paid salary RM165 on cash
            30        Membayar sewa kedai RM160 secara tunai
                        Paid shop rental RM160 on cash


Record all transaction into the book of first entry and post to the ledgers




1 comment:

  1. Nak jawapan boleh..tapi bukan hari ini.Kena cuba buat dulu!!!

    ReplyDelete