GROUP ASSIGNMENT ACC106
GROUP: AM1101B
PREPARED BY :
•
•
•
•
MOHAMAD NUR HADI BIN MOHD RAZIF (2016451774)
KAMAL FAUZI BIN ABDUL AZIZ (2016809518)
MUHAMMAD ASYRAF BIN ABDULLAH (2016442836)
DESMOND ALAN A/L ALONG (2016603054)
PREPARED FOR: MADAM NURUL AFZAN BINTI NAJID
SUBMITTED ON: 19 SEPTEMBER 2016
CONTENT
NO.
PARTICULAR
PAGE
1
Background of company
3
2
Transaction
4-5
3
Journal
6-8
4
Ledger
9-15
5
Trial Balance
16
2|Page
COMPANY BACKGROUND
BERJAYA SMARTPHONES SDN.BHD
Location business:
No 12 A/16,Jalan Hj Mohd Hassan,
Taman Bukit Indah,84480 Bukit Bintang,
Kuala Lumpur.
Operation Hours:8:00 AM-10:00 PM , Off day on Saturday
No Tel:011-23445645
Activity of business :Achieved the goals of profit in the smartphone business. Doing the job with
more effective and efficient and give best service to the society.
Capital:RM85,000
Financial Year Ended: September 2016
3|Page
TRANSACTION
The following are the business transaction in 1 September 2016 :
Sept
1
Started the business with cash RM15,000 , bank RM 50,000 and premises
RM 20,000.
2
Bought office equipment by cash from Hassan Sani Jati worth RM 2,000.
5
The business purchased goods from Samsung Enterprise on credit amounting
RM 8,000.
7
Sold goods worth RM 9,000 by cash.
9
Bought a Computer which cost RM 1,500 from Acer Enterprise paid by cheque.
10
Sold goods to Sharul amounting RM 5,000 on credit.
11
Paid general expenses RM 500 by cash.
12
The business returns goods to Samsung Enterprise worth RM 2,000.
14
Sharul returned goods worth RM 1,500.
15
The business paid the amount due in full by cheque to Samsung Enterprise and
received 10% discount.
16
Purchased goods for RM 7,000 on credit from OPPO Enterprise.
18
Sold goods worth RM 15,000 on credit to Nik.
The business purchased goods on credit RM 10,000 from Apple Enterprise.
20
Goods worth RM 1,000 returned by Sharul.
21
The owner sold goods to Iman worth RM 10,000 by cheque.
4|Page
22
Purchased goods for RM 2,000 by cash from NOKIA Enterprise
23
Sold goods to Bobby amounting RM 10,000 by cheque.
Sharul paid the amount due in full by cheque and was allowed of RM 200
discount.
25
Received rental payment worth RM 1,500 by cash.
26
Purchased goods worth RM 4,500 by cash from Asus Enterprise.
27
Returned damaged goods worth RM 2,200 to Apple Enterprise.
Sold goods on credit RM 9,200 to Wani
29
Nik returned faulty goods worth RM 1,500
Returned goods bought on credit RM 1,500 to OPPO Enterprise.
30
Paid the electricity bills RM 300 by cheque to Tenaga Nasional Bhd.
31
Received sales commission of RM 1,200 by cash.
Paid salary to workers RM 3,200 by cheque.
5|Page
JOURNAL
Date
General Journal
Details
2016
Sept 01 Cash
Bank
Premises
Capital
(started the business with cash, bank and premises)
02
09
Debit(RM)
Credit(RM)
15 000
50 000
20 000
85 000
Office Equipment
Cash
(Bought office equipment by cash from Hassan Sani
Jati)
2 000
Computer
Bank
(Bought Computer by cheque from Acer Enterprise)
1 500
2 000
1 500
Purchases Journal
Date
Sept
Particular
05 Payable Samsung Enterprise
16 Payable OPPO Enterprise
18 Payable Apple Enterprise
Transferred to Purchases a/c
6|Page
Amount(RM)
8 000
7 000
10 000
25 000
Sales Journal
Date
Sept 10 Receivable Sharul
Particular
18
Receivable Nik
15 000
27
Receivable Wani
9 200
Transferred to Sales a/c
Return Outwards Journal
Particular
Date
Sept
29 200
Amount(RM)
12 Payable Samsung Enterprise
2 000
27
Payable Apple Enterprise
2 200
29
Payable OPPO Enterprise
1 500
Transferred to Return Outwards a/c
Return Inwards Journal
Particular
Date
Sept
Amount(RM)
5 000
5 700
Amount(RM)
14 Receivable Sharul
1 500
20
Receivable Sharul
1 000
29
Receivable Nik
1 500
Transferred to Return Inwards a/c
7|Page
4 000
Cash Payment Journal
Date
Sept
Details
Discount
Received
Bank(RM)
11 General Expenses
Cash(RM)
500
15
Payable Samsung Enterprise
600
5 400
22
NOKIA Enterprise
2 000
26
Asus Enterprise
4 500
30
Electricity Bills (TNB)
31
Salary Expenses
300
3 200
600
8 900
7 000
Discount
Allowed
Bank(RM)
Cash(RM)
Cash Receipt Journal
Date
Sept
Details
07 Sales
9 000
21
Iman
10 000
23
Bobby
10 000
Receivable Sharul
200
2 300
25
Rental Received
1 500
31
Commission Received
1 200
200
8|Page
22 300
11 700
LEDGER
Purchase Ledger
Payable Samsung Enterprise
Date
Details
Sept 12
15
Amount(RM) Date
Return outwards
2 000
Bank
5 400
Discount allowed
Sept 05
Details
Purchased
Amount(RM)
8 000
600
8 000
8 000
Payable OPPO Enterprise
Date
Details
Sept 29
31
Return Outwards
Bal c/d
Amount(RM) Date
1 500
Sept 16
Details
Purchased
Amount(RM)
7 000
5 500
7 000
7 000
Payable Apple Enterprise
Date
Details
Sept 27
31
Amount(RM) Date
Details
Return Outwards
2 200
Purchased
Bal c/d
7 800
10 000
9|Page
Sept 18
Amount(RM)
10 000
10 000
Sales Ledger
Receivable Sharul
Date
Details
Sept 10
Sales
Amount(RM) Date
5 000
Details
Amount(RM)
Sept 14
Return Inwards
1 500
20
Return Inwards
1 000
24
Bank
2 300
Discount Allowed
200
5 000
5 000
Receivable Nik
Date
Details
Sept 18
Sales
Amount(RM) Date
15 000
Details
Sept 29
31
Amount(RM)
Return Inwards
Bal c/d
15 000
1 500
13 500
15 000
Receivable Wani
Date
Details
Sept 27
Sales
Amount(RM) Date
9 200
9 200
10 | P a g e
Sept 31
Details
Bal c/d
Amount(RM)
9 200
9 200
General Ledger
Capital
Date
Details
Sept 31
Bal c/d
Amount(RM) Date
85 000
Sept 01
Details
Amount(RM)
Cash
15 000
Bank
50 000
Premises
20 000
85 000
85 000
Office Equipment
Date
Details
Sept 02
Cash
Amount(RM) Date
2 000
Sept 31
Details
Bal c/d
Amount(RM)
2 000
2 000
2 000
Premises
Date
Details
Sept 02
Capital
Amount(RM) Date
20 000
Sept 31
Details
Amount(RM)
Bal c/d
20 000
20 000
20 000
Computer
Date
Details
Sept 02
Bank
Amount(RM) Date
1 500
1 500
11 | P a g e
Sept 31
Details
Bal c/d
Amount(RM)
1 500
1 500
Bank
Date
Details
Sept 01
Capital
50 000
Sept 09
Total Receipt
22 300
31
31
Amount(RM) Date
Details
Computer
Amount(RM)
1 500
Total Payment
8 900
Bal c/d
61 900
72 300
72 300
Cash
Date
Details
Amount(RM) Date
Details
Sept 01
Capital
15 000
Sept 02
Total Receipt
11 700
31
Amount(RM)
Office Equipment
2 000
Total Payment
7 000
Bal c/d
17 700
26 700
26 700
Sales
Date
Details
Sept 31
Bal c/d
Amount(RM) Date
58 200
12 | P a g e
Amount(RM)
Sept 07
Cash
9 000
21
Bank
10 000
23
Bank
10 000
31
Total Sales
29 200
Bal b/d
58 200
58 200
Oct
58 200
Details
01
Purchases
Date
Details
Amount(RM) Date
Sept 22
Cash
2 000
26
Cash
4 500
31
Total Purchases
25 000
Sept 31
Details
Bal c/d
Bal b/d
31 500
31 500
31 500
Oct 01
Amount(RM)
31 500
Returns Outwards
Date
Details
Sept 31
Bal c/d
Amount(RM) Date
5 700
Sept 31
Details
Amount(RM)
Total
5 700
Returns Outwards
5 700
5 700
Oct 01
Bal b/d
5 700
Returns Inwards
Date
Sept 31
Details
Total Returns
Amount(RM) Date
4 000
Sept 31
Details
Amount(RM)
Bal c/d
4 000
Inwards
4 000
Oct 01
13 | P a g e
Bal b/d
4 000
4 000
Commission Received
Date
Details
Sept 31
Bal c/d
Amount(RM) Date
1 200
Sept 31
Details
Cash
1 200
Amount(RM)
1 200
1 200
Oct 01
Bal b/d
1 200
Electricity Bills
Date
Details
Sept 30
Bank
Amount(RM) Date
300
Sept 31
Details
Bal c/d
300
Oct 01
Bal b/d
Amount(RM)
300
300
300
Salary Expenses
Date
Details
Sept 31
Bank
Amount(RM) Date
3 200
Sept 31
Details
Amount(RM)
Bal c/d
3 200
3 200
Oct 01
Bal b/d
3 200
3 200
General Expenses
Date
Sept 11
Details
Cash
Amount(RM) Date
500
500
Oct 01
14 | P a g e
Bal b/d
500
Sept 31
Details
Bal c/d
Amount(RM)
500
500
Discount Allowed
Date
Sept 11
Details
Receivable Sharul
Amount(RM) Date
200
Sept 31
Details
Bal c/d
200
Oct 01
Bal b/d
Amount(RM)
200
200
200
Discount Received
Date
Details
Sept 31
Bal c/d
Amount(RM) Date
600
Sept 15
Details
Payable
Amount(RM)
600
Samsung enterprise
600
600
Oct 01
Bal b/d
600
Rental Received
Date
Details
Sept 31
Bal c/d
Amount(RM) Date
1 500
Sept 25
Details
Cash
1500
1 500
1 500
Oct 01
15 | P a g e
Amount(RM)
Bal b/d
1 500
TRIAL BALANCE
Berjaya Smartphone Sdn.Bhd
Trial Balance as at 1 September 2016
Details
Debit
Capital
Cash
Bank
Premises
Sales
Purchases
Return Outwards
Return Inwards
Rental Received
Electricity Bills
Commission Received
Salary Expenses
General Expenses
Office Equipment
Computer
Discount Allowed
Discount Received
Payable OPPO Enterprise
Payable Apple Enterprise
Receivable Nik
Receivable Wani
Total
16 | P a g e
Credit
85 000
17 700
61 900
20 000
58 200
31 500
5 700
4 000
1 500
300
1 200
3 200
500
2000
1 500
200
600
5 500
7 800
13 500
9 200
165 500
165 500