opening stock purchases less: closing stock cost of good sold

1,000 500 1,500 (300) 1,200

2012

ABC trading trial balance as at 31st December , 2010

Income statemen

Debit Advertising expense Carriage Outward Wages & salaries commision expenses accrured rent cash creditor 6000 5500 15000 750

Credit

4500 23000 25000

ABC trading Income statement for the year ended 31st December , 2010 Sales less: Cost of goods sold Gross profit Less: Advertising expense Carriage Outward Wages & salaries commision expenses 20000 (13000) 33000

6000 5500 15000 750

(27250)

Selling price Sales Report For Quarter 1 , 2010 JANUARY unit sales 300 900 FEBRUARY 350 1050 MARCH

3.00

400 1200

NAME : NOOR AISHAH BINTI OTHMAN PROGRAM : DIPLOMA IN ACCOUNTACY SUBJECT CODE : AIS 280 MATRIX NO : 2010421482

companies's names salam tech berhad QRS land Bhd Setia kawan Bhd Top Carrier Bhd Jernih Bhd

return on asset 7.3% 10.0% 9.2% 8.5% 6.3%

return on equity 14.1% 13.2% 14.4% 12.9% 15.0%

decisions to invest ? NO NO YES NO NO

Ratio Return on asset return on equity

Industry Average 9% 14%

A B C

MARKS 60 70 40

HEP MARKS 80 40 60

DECISION ACCEPT REJECT NO QUALIFIED

client companies names murni berhad iklas jaya berhad tulus bhd cakna bhd

current ratio 1.6 1.3 1.56 1.01

acid-test ration 1 1.1 1.7 0.99

liquidity ratios current ratio acid-test ratio

industry averages 1.55 1.05

decion to give credit ? YES YES YES NO

names of skilled workers hashim jalil ismail abu kassim ibrahim ma yusof ravi daud kanak

Average hours works per week in a year 8 6.3 7.5 6 6.9

Decision to give yearly bonus ? YES NO YES NO YES