GROUP ASSIGNMENT ACC106 Group : JBM1171D
Prepared by :
MUHAMMAD HAMBALLI BIN ZAKARIA
NURRUL HAZIEQAH BINTI ROHMANAN
SITI NURFATIN IZZATI BINTI OTHMAN
ZALIKHA BINTI DZUL RAZIB
Prepared for : MISS NORHIDAYAH BINTI ABDULLAH Submitted on : 3 September 2012
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Content
No.
Particular
1
Background of The Company
2
Transaction
3
Journal
4
Ledger
5
Trial balance
Page
2
Company Background
HAFIZZ STATIONARY AND AND BOOK STORE Location of business : No. A 36/01 , Jalan Si Manja Kini , Taman Inderapura , 84480 Bukit Bintang , Kuala Lumpur. Operation Hour : 8.00am – 10.00pm , Off day on Friday. No. Tel. : 07-9811627 Activity of the the business business : Achieved Achieved the goals of profit profit in the business. business. Doing Doing the job with more effective and efficient and give the best service to the customers. Capital : RM 50,000 Financial year end : 1 Dec 2012
3
Transaction The following are the business transaction in December 2012 : Dec
1
Started the business with cash RM20,000 , bank RM20,000 and premises RM10,000.
2
Bought office equipment by cash from Court Jati worth RM2,500.
4
The business purchased goods from Co. Luna Sdn. Bhd. on credit amounting RM5,000. (invoice no. 980)
6
Sold goods worth RM7,700 by cash.
8
Bought a Photostat Machine which cost RM950 from Fatin Enterprise paid by cheque. (cheque no. 232 441)
9
Sold goods to Hamballi amounting RM6,900 on credit. (invoice no. 007)
11
Paid general expenses RM500 by cash.
12
The business returns goods to Co. Luna Sdn. Bhd. worth RM1,300. (credit note no. 448)
14
Hamballi returned goods worth RM500. (credit note no. 8981)
15
The business paid the amount due in full by cheque to Co. Luna Sdn. Bhd. and received 10% discount. (cheque no. 232 442)
16
Purchased goods for RM6,000 on credit from Manga Sdn. Bhd. (invoice no. 698)
18
Sold goods worth RM18,000 on credit to Azhar. (invoice no. 736) The business purchased goods on credit RM5,000 from Stabillo Bhd. (invoice no. 123)
20
Goods worth RM400 returned by Hamballi. (credit note no. 8982)
21
The owner sold goods to Hazieqah worth RM10,000 by cheque.
22
Purchased goods for RM200 by cash from Orange Enterprise.
24
Sold goods to Zalikha amounting RM8,000 by cheque. Hamballi paid the amount due in full by cheque and was allowed of RM225 discount.
25
Received rental payment worth RM900 by cash.
26
Purchased goods worth RM500 by cash from Creative Product.
27
Returned damaged goods worth RM888 to Stabillo Bhd. (credit note no 556) 4
Sold goods on credit RM9,090 to Izzati. (invoice no.333) 29
Azhar retuned faulty goods worth RM1,200. (credit note no.231) Returned goods bought on credit RM700 to Manga Sdn. Bhd.(credit note no. 569)
30
Paid electricity electric ity bills RM330 by cheque to Tenaga Nasional Bhd. (cheque no. 232 443)
31
Received sales commission of RM1,000 by cash. Paid salary to workers RM3,000 by cheque. (cheque no. 232 444)
5
JOURNAL General Journal Date 2012 Dec 01
02
08
Details
Folio
Debit (RM)
Cash Bank
GL6 GL5
20,000 20,000
Premises Capital (Started the business with cash, bank and premises)
GL3 GL1
10,000
Office Equipment Cash (Bought office equipment by cash from Court Jati)
GL2 GL6
2,500
Photostat machine Cash (Bought photostat machine by cash from
GL4 GL6
950
Credit (RM)
50,000
2,500
950
Fatin Enterprise)
Purchases Journal Date
Particular
Dec-03 16 18
Co. Luna Sdn. Bhd. Manga Sdn. Bhd. Stabillo Bhd.
Invoice no. 980 689 123 Transferred Transferre d to Purchases a/c
6
Folio
Amount (RM)
PL1 PL2 PL3
5,000 6,000 5,000
GL8
16,000
Sales Journal Date
Particular
Invoice no.
Folio
Amount (RM)
Dec-09 18 27
Hamballi Azhar Izzati
007 736 333
SL1 SL2 SL3
6,900 18,000 9,090
GL7
33,990
Credit note no.
Folio
Amount (RM)
448 556 569
PL1 PL3 PL2
1,300 888 700
GL9
2,888
Credit note no.
Folio
Amount (RM)
8981 8982 2312
SL1 SL1 SL2
500 400 1,200
GL10
2,100
Transferred Transferre d to Sales a/c
Return Outwards Journal Date
Particular
Dec-12 27 29
Co. Luna Sdn. Bhd. Stabilo Berhad Manga Sdn. Bhd,
Transferred Transferre d to Return Outward a/c
Return Inwards Journal Date Dec-14 20 29
Particular Hamballi Hamballi Azhar
Transferred Transferre d to Return Inwards a/c
7
Cash Payment Journal Cheque no.
Date Dec-11 15 22 26 30 31
232 442
232 443 232 444
Details
Folio
General Expenses Co. Luna Sdn.Bhd. Orange Enterprise Creative Product Electricity Electrici ty bills (TNB) Salary Expenses
GL14 PL1 GL8 GL8 GL12 GL14 GL
Discount Receive d
Bank (RM)
Cash (RM) 500
370
3,330 200 500 330 3,000
370
6,660
1200
Cash Receipt Journal Receipt no.
Date Dec-06
011
21 24 25
012 013 014 015
31
016
Details
Folio
Sales Hazieqa h Zalikha Hamballi Rental received Commission received
GL1 GL7 GL7 SL1 GL17
Discount Receive d
Cash (RM)
7,700
225
10,000 8,000 5,775 900
GL11 GL
8
Bank (RM)
1,000 225
23,775
9,600
LEDGER Purchase Ledger
Co. Luna Sdn. Bhd. Date
Details
Return Dec-12 Outwards 15 Bank Discount Allowed
Folio ROJ1 CPJ1
Amount (RM)
Date
Details
Dec-03
Purchased
1,300 3,330
PL1 Amount Folio (RM) PJ1
370 5,000
5,000
Manga Sdn. Bhd. Date
Details
Return Dec-21 Outwards Bal c/d 31
Folio ROJ3
Amount (RM) 700 5,300
Date
Details
Dec-10
Purchased
PL2 Amount Folio (RM) PJ2
6,000 Bal b/d
Stabilo Bhd. Details
Return Dec-27 Outwards Bal c/d 31
Folio ROJ2
Amount (RM) 888 4,112
Date
Details
Dec-10
Purchased
5,000
5,300
PL3 Amount Folio (RM) PJ3
5,000
5,000 Jan-01
9
6,000
6,000 Jan-01
Date
5,000
Bal b/d
4,112
Sales Ledger
Hamballi Date
Details
Folio
Dec-12
Sales
SJ1
Amount (RM) (RM) 6,900
Date
Details Return Inwards Return 20 Inwards 24 Bank Discount Alllowed
Dec-18
SJ1 Amount Folio (RM) RIJ1
500
RIJ1 CRJ1
400 5,775 225
6,900
6,900
Azhar Date
Details
Folio
Dec-18
Sales
SJ2
Amount (RM) 18,000
Date
Details
Dec-27 31
Return Inwards Bal c/d
18,000 Jan-01
Bal b/d
1,200 16,800
16,800
Date
Details
Folio
Dec-27
Sales
SJ3
Bal b/d
RIJ3
18,000
Izzati
Jan-01
SJ2 Amount Folio (RM)
Amount (RM) 9,090 9,090
10
Date Dec-31
Details Bal c/d
SJ3 Amount Folio (RM) 9,090
General Ledger Capital Date Dec-31
Details
Folio
Bal c/d
Amount (RM)
Date
Details
Dec-01
Cash Bank Premises
50,000
50,000 Bal b/d
Office Equipment Details
Folio
Dec-08
Cash
CPJ1
Jan-01
Bal b/d
Amount (RM) 2,500
Date Dec-31
Details Bal c/d
Date
Details
Folio
Dec-01
Capital
GL5
Bal b/d
Amount (RM) 10,000
Date Dec-31
Details Bal c/d
Date
Details
Folio
Dec-08
Bank
CPJ1
Bal b/d
50,000
GL2 Amount Folio (RM) 2,500
GL3 Amount Folio (RM) 10,000
10,000
Photostat Machine
Jan-01
20,000 20,000 10,000
2,500
Premises
Jan-01
GJ1 GJ1 GJ1
50,000 Jan-01
Date
GL1 Amount Folio (RM)
Amount (RM) 950 950
11
Date Dec-31
Details Bal c/d
GL4 Amount Folio (RM) 950
Bank Date Dec-01 31
Details Capital Total Receipt
Folio
Amount (RM)
Date
Details
GJ1
20,000
Dec-08
CRJ1
23,775
31
GL5 Amount Folio (RM)
Photostat Machine GJ1 Total Payment CPJ1 Bal c/d
43,775 Jan-01
Bal b/d
Dec-01 31
Details Capital Total Receipt
36,165
Folio GL1 CRJ1
Amount (RM)
Date
Details
20,000
Dec-02
9,600
31
GL6 Amount Folio (RM)
Office Equipment GL1 Total Payment CPJ1 Bal c/d
29,600 Jan-01
Bal b/d
Dec-31
Details Bal c/d
2,500 1,200 25,900 29,600
25,900
Sales Date
6,660 36,165 43,775
Cash Date
950
Folio
Amount (RM) 59,690
Date
Details
Dec-06 21 24 31
Cash Bank Bank Total sales
59,690
CRJ1 CRJ1 CRJ1 SJ1
7,700 10,000 8,000 33,900 59,600
Jan-01
12
GL7 Amount Folio (RM)
Bal b/d
59,600
Purchases Date
Details
Folio
Dec-22 26
Cash Cash Total purchases
CPJ1 CPJ1
31
PJ1
Amount (RM) 200 500
Date Dec-31
Details
GL8 Amount Folio (RM)
Bal c/d
16,700
16,000 16,700
Jan-01
Bal b/d
16,700
16,700
Returns Outwards Date Dec-31
Details
Folio
Bal c/d
Amount (RM) 2,888
Date
Details
Total Dec-31 Return
GL9 Amount Folio (RM) ROJ1
2,888
Outwards Jan-01
Bal b/d
Returns Inwards Date
Details
Total Dec-31 Return
Folio RIJ1
Amount (RM) 2,100
Date Dec-31
Details
2,888
GL10 Amount Folio (RM)
Bal c/d
2,100
Inwards Jan-01
Bal b/d
2,100
Commission Received Date Dec-31
Details Bal c/d
Folio
Amount (RM) 1,000
Date
Details
Dec-31
Cash
Jan-01
13
Bal b/d
GL11 Amount Folio (RM) CRJ1
1,000 1,000
Electricity Electricit y Bills Date
Details
Folio
Dec-30
Bank
CPJ1
Jan-01
Bal b/d
Amount (RM) 330
Date Dec-31
Details Bal c/d
Date
Details
Folio
Dec-30
Bank
CPJ1
Bal b/d
Amount (RM) 3,000
Date Dec-31
Details
Details
Folio
Dec-12
Cash
CPJ1
Bal b/d
Amount (RM) 500
Date Dec-31
Details
Dec-24 Hamballi Jan-01
Folio CPJ1
Bal b/d
Dec-31
Details Bal c/d
500
500
Amount (RM) 225
Date Dec-31
Details
GL15 Amount Folio (RM)
Bal c/d
225
225
Discount Received Date
GL14 Amount Folio (RM)
Bal c/d
Discount Allowed Details
3,000
3,000
Date
Date
GL13 Amount Folio (RM)
Bal c/d
General Expenses
Jan-01
300
330 12 Salary Expenses
Jan-01
GL12 Amount Folio (RM)
Folio
Amount (RM) 370
Date
Co. Luna Dec-15 Sdn. Bhd. Jan-01
14
Details
Bal b/d
GL16 Amount Folio (RM) CRJ1
370 370
Rental Received Date Dec-31
Details Bal c/d
Folio
Amount (RM) 900
Date
Details
Dec-25
Cash
Jan-01
15
Bal b/d
GL17 Amount Folio (RM) CRJ1
900 900
TIAL BALANCE Hafizz Stationary and Book Store Enterprise Trial Balance as at 31 December 2012 Details Capital Cash Bank Premises Sales Purchases Return Outwards Return Inwards Rental Received Electricity Electricit y Bills Commision Received Salary Expenses General Expenses Office Equipment Photostat Machine Discount Allowed Discount Received Manga Sdn. Bhd. Stabilo Bhd. Azhar Izzati
Debit (RM)
Credit (RM) 50,000
25,900 36,165 10,000 59,690 16,700 2,888 2,100 900 330 1,000 3,000 500 2,500 950 225 370 5,300 4,112 16,800 9,090
TOTAL :
124,260
124,260
All right reserved to “SAMIQA”. Copyright is not allowed, acceptable just for as guide to do an account assignment :’) Visit my blog : http:youismysoul.blogspot.com
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