SCHOOL OF HOSPITALITY, TOURISM AND CULINARY ARTS

DIPLOMA IN CULINARY ARTS

DIPLOMA IN TOURISM MANAGEMENT
DIPLOMA IN EVENTS MANAGEMENT
DIPLOMA IN HOSPITALITY MANAGEMENT

INDIVIDUAL ASSIGNMENT 2
SET A
MODULE NAME : Business Accounting / Hospitality Accounting
MODULE CODE : HTC 4053 / HOS 4163
DATE OF SUBMISSION : refer to TIMeS
TIME : 11.55 PM

The Managing Director would like you to prepare for her the financial statements of
Rara Riri Restaurant and Catering Services based on the trial balance given.

1.1 Rara Riri Restaurant and Catering Services’ Statement of Comprehensive Income
for the year ended 31 Dec 2016.

1.2 Rara Riri Restaurant and Catering Services’ Statement of Financial Position as at
31 Dec 2016.

Procedures:

Step 1: Open the file either Set A or Set B by clicking on it. Please check whether you are to do Set A or
B from our class attendance list.

Step 2: Prepare the SOCI and SOFP in Excel format.

Step 3: Save your completed work as an excel file, save the file name as "Student's Full Name - Set A or
B ", eg “Tan Tin Tun – Set A”

Step 4: Submit the Excel File via Assignment 2 - Submission Link in TIMeS.
Rara Riri Restaurant and Catering Services’ Trial Balance as at 31 Dec 2016 is as
follows:
DEBIT (RM) CREDIT (RM)
Purchases and Sales 14,426 25,400
Motor van (cost) 10,000
Returns 504
Stock at 31 Dec 2015 9,408
Commission 274
Rent 4,900
Debtors and Creditors 3,180 1,800
Accumulated depreciation at 31 Dec 2015 700
Rates 815
Loan 1,450
Cash in hand 350
Salaries 2,400
Overdraft bank 530
Interest on bank loan 145
Capital at 31 Dec 2015 15,974
46,128 46,128

Additional information:
i. Stock as at 31 Dec 2016 was RM10,505.
ii. Rent prepaid for the year was RM700.
iii. Provision for bad debts is 5% on debtors.
iv. The depreciation of motor van is 10% per annum on a straight line method.