FINANCIAL ACCOUNTING

(ACC106)
Mantol.co

NAMA AHLI KUMPULAN Nor Hafizuddin Bin Mohd Nor (2020644242)

Muhamad Aiman Shahir Bin Rozaihan (2020231502)
Muhammad Haikal Danial Bin Sidek (2020634424)

NAMA PENSYARAH Miss Nor Amirah Mohsen

SEMESTER SEMESTER 1 (2020/2021)
 INTRODUCTION

The name we give for our business is Mantol.co. Mantol.co is a

business that makes variety and modern cap. Mantol.co was
created in early 2019 with the goal to bring fashion to another
level. We started our business by opening a store in our
hometown that is Segamat Johor. Our dream is to create a brand
that produces a quality cap and we want our brand to be in line
with big brands like Supreme.
 January 2020

1 Started business with RM20000

2 Bought goods by credit from Salute.Bhd RM5000
4 Bought a new machine RM from Machine Enterprise ,
oaid by cheque

6 Return goods worth RM250 by Salute.Bhd

8 Took some goods for personal use worth RM800
9 Cash sales paid directly into the bank account worth
RM2000

12 Sold goods on credit to Streetwear Enterprise costing

RM6000

14 Returned goods worth RM150 to Streetwear Enterprise

18 Take cash worth RM500 to buy some personal things
25 Purchased goods worth RM1000 by cash
29 Paid rent amounting to RM450 in cash

31 Payment(by cash) of bill expenses for the month are as

follows:
Water and RM1500 electricity bill
Telephone RM700 bill
Internet RM150 bill