FACULTY OF ARCHITECTURE, PLANNING, AND SURVEYING

UITM SHAH ALAM, SELANGOR

PROGRAMME:

AP225 - BACHELOR OF ESTATE MANAGEMENT (HONS)

COURSE:
PRINCIPLES OF ACCOUNTING

(RES458)

TASK:

SET E

PREPARED FOR:
PUAN NOR ADIBAH BINTI MOHD ARIF

PREPARED BY:

NAME MATRIC NO
1. NURUL AMALIA BINTI ASRI 2021653234
2. FARAH DIBA BINTI AHMAD 2021809612
3. NUR AQILAH HAZWANI BINTI AZLIN 2021653182
4. NUR SYAFIRA ATIRAH BINTI HADLIAH 2021855782
5. NUR HAFIZAH NADHIRAH BINTI GHAZALI 2021853974
 ACKNOWLEDGEMENT

‫الرحِ يم‬ ‫ِبس ِْم ﱠ ِ ﱠ‬

‫الرحْ َم ِن ﱠ‬

Firstly, Alhamdulillah we would like to thanks to Allah SWT because with him
permission we have finally completed our group assignment which is Principles of
Accounting (RES458)

A deepest gratitude goes to our lecturer Puan Nor Adibah Binti Mohd Arif who never
tired giving guidance, encouragement, a suggestion, time, and patience for us during
the process of completing the task given.

A special thanks for me and our group members from class AP2252A who
continuously committed to completing this assignment, always helping when needed
and supporting each other. We also want to express our deepest appreciation to our
dearest parents for their contribution in sharing the moral and monetary support and
all the prayers during the process of completing this assignment.

Last but not least, our group wants to give appreciation again to all those who are
directly and indirectly involved in completing this task. Only God can repay your
kindness.
 TABLE OF CONTENT

Acknowledgement

1.0 Journal 1-2

2.0 Ledger 3-11

3.0 Trail Balance 12

4.0 Profit or Loss 13

5.0 Financial Statement 14

1.0 JOURNAL

1
2
2.0 LEDGER

3
4
5
6
7
8
9
10
11
3.0 TRIAL BALANCE

MyStars Sdn Bhd

Trial Balance 31 May 2022
DEBIT CREDIT
Bank 38,500
Office furniture 20,000
Motor vehicle 30,000
Capital 100,000
Purchases 22,500
Account Payable Geetha -
Account Payable Ailing -
Cash 800
Sales 24,500
Rent 1,500
Account Receivable Kulati Ent 750
Account Receivable Pepa Ent 1,650
Account Payable Ahtar 1,400
Sales return 650
Purchase return 530
Wages 1,000
Equipment 15,000
Account Payable Sy. AMM 15,000
Computer 5,000
Account Payable ACC Comp 5,000
Discount received 800
Discount allowed 200
Office stationery 200
Account Payable Amanah Jaya Bhd 7,270
Account Receivable Jeyana Bhd 5,250
Account Receivable Pepana Bhd 8,500
Salary 2,500
Drawing 500 154,500
TOTAL RM154,500.00 RM154,500.00

12
4.0 PROFIT OF LOSS

My Stars Sdn Bhd

Statement of Profit or Loss for the month ended 31 May 2017

RM RM RM

Sales 24,500
(-) Sales return -650
(-) Discount allowed -200
Net sales 23,650

(-) Costs of sales

Opening inventory -
Purchases 22,500
(-) Purchased return -530
(-) Discount received -800
Cost of goods available for sale 21,170
(-) Closing inventory -5,000
Cost of sales 16,170
Gross profit 7,480

(+) Revenues -

(-) Expenses
Rent 1,500
Wages 1,000
Office stationery 200
Salary 2,500 5,200
Net profit 2,280

13
 5.0 FINANCIAL STATEMENT

My Stars Sdn Bhd

Statement of Financial Position as at 31 May 2017

RM RM RM
Cost Accumulated Depreciation Carrying Amount
Non-current Assets
Office furniture 20,000 - 20,000
Motor vehicle 30,000 - 30,000
Equipment 15,000 - 15,000
Computer 5,000 - 5,000

Current Assets
Bank 38,500
Cash 800
Account Receivable Kulati Ent 750
Account Receivable Pepa Ent 1,650
Account Receivable Jeyana Bhd 5,250
Account Receivable Pepana Bhd 8,500
Closing inventory 5,000 60,450
130,450

Financed by:
Capital 100,000
(+) Net profit 2,280
(-) Drawings -500
101,780
Non-current Liabilities -

Current Liabilities
Account Payable Ahtar 1,400
Account Payable Sy. AMM 15,000
Account Payable ACC Comp 5,000
Account Payable Amanah Jaya 7,270
28,670
130,450

14
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