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ACC 106/115/117/114/418 (GENERIC CODES)

ASSIGNMENT
INTRODUCTION:
This assignment is designed to test on the understanding of students in the
recording of the business transactions using the double entry system under
the book of prime entry format.
INSTRUCTIONS:
Assuming you are planning to set up a business selling goods (name your
product) to customers in Klang Valley area.
Create possible business transactions between your business and supplier
and also between your business and customers.
The business transactions should include at least:
i) credit transactions
ii) ! returns transactions
iii) cash transactions
i") ! drawing transactions
") #ther transactions such as e$penses and re"enues
After the creation of the abo"e transactions% you are re&uired to:
i) 'rite an appropriate (ournal entries
ii) )repare an appropriate ledgers account
iii) )repare a Trial *alance as at that date.
+riendly reminder:
i) ,ou should introduce your business background (including capital
contributed% name of business% address% type of goods sold%etc) in your
assignment.
ii) -ach student should produce their own business transactions and
should not similar to the other student. .f found similar or e$actly the
same with the other students% both will be penali/ed.
iii)The last date for submission is on 5 SEPTEMBER 2014
0
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DID NOT
ACHIEVE
Did n! "#!
"ini"$"
%#&$i%#"#n!
'AIR
ACHIEVEMENT
S"#()*!
"#!
%#&$i%#"#n!
*nd )*+# *!
,#*-! n#
"*.% "i-!*/#
AVERAGE
ACHIEVEMENT
M#!
%#&$i%#"#n!
(i!) "in%
"i-!*/#
E0CE11ENT
'$,,2 "#!
%#&$i%#"#n!
-
0345 "*%/- 40355 "*%/- 60375 "*%/- 803100
"*%/-
16INTROD7CTION
P%8,# 9 !)#
:$-in#--
0. 3ame of the
business
!. )lace of
business
:. *usiness
acti"ities
. Capital
contribution
>. +inancial
year end
<. 5tate the
transacti
on for
which
month.
#nly follow 0=:
of the criterias.
#nly follow 0=!
of the criterias.
#nly follow :=
of the criterias.
+ollow
all
criteria
s
26TRANSACTIONS
'OR ONE MONTH
8?08
transactions
?any
transactions in
each specialised
(ournals (sales
(ournal%purchase
(ournal% return
inwards
(ournal%return
outwards
(ournal%cash
receipts
00?0>
Transactions
?at least 0
transactions in
each
specialised
(ournals (sales
(ournal%purchas
e (ournal% return
inwards
(ournal%return
outwards
(ournal%cash
0<?!0
Transactions
?at least !
transactions in
each specialised
(ournals (sales
(ournal%purchase
(ournal% return
inwards
(ournal%return
outwards
(ournal%cash
receipts
!0
Transactions
?: transactions
in each
specialised
(ournals (sales
(ournal%purcha
se (ournal%
return inwards
(ournal%return
outwards
(ournal%cash
receipts
!
(ournal%cash
payments
(ournal% general
(ournal
receipts
(ournal%cash
payments
(ournal% general
(ournal
(ournal%cash
payments
(ournal% general
(ournal
(ournal%cash
payments
(ournal%
general (ournal
461EDGERS )osting to
appropriate
ledger accounts
based on the
(ournal prepared
abo"e
)osting to
appropriate
ledger accounts
based on the
(ournal
prepared abo"e
)osting to
appropriate
ledger accounts
based on the
(ournal prepared
abo"e
)osting to
appropriate
ledger
accounts
based on the
(ournal
prepared
abo"e
46C1OSING O'
ACCO7NT
At least 0=: of
the accounts are
closed
appropriately
with date%
balance c=d%
balance b=d%
At least 0=! of
the accounts
are closed
appropriately
with date%
balance c=d%
balance b=d%
At least := of
the accounts
are closed
appropriately
with date%
balance c=d%
balance b=d%
All accounts
are closed
appropriately
with date%
balance c=d%
balance b=d%
56TRIA1 BA1ANCE
0. Title
!. ;ate of Trial
balance for the
month.
:. ;ebit column
. Credit column
>. Total
<. Amount in 46
@. Correct transfer
Agure in the
right column
(debit=credit)
#nly follow 0=:
of the criterias.
#nly follow 0=!
of the criterias
#nly follow B
of the criterias
+ollow
all C
criteria
s
:
A55-556-3T +#46
74#1) A55.736-3T (: students in a group)
.3T4#;1CT.#3 T# +.3A3C.A2 ACC#13T.37
(ACC08<=0C)
'$,, "*%/- 9% #*;) -#;!in < 100 M*%/-
16INTROD7CTION
26TRANSACTIONS
461EDGERS
46C1OSING O' ACCO7NT
56TRIA1 BA1ANCE
T!*,

=
>88 $ 089
D