ASSIGNMENT/ TUGASAN

_________________________________________________________________________
BBAW2103
FINANCIAL ACCOUNTING
PERAKAUNAN KEWANGAN
MAY SEMESTER 2021

SPECIFIC INSTRUCTION / ARAHAN KHUSUS

1. Answer in Malay or English. /

Jawab dalam bahasa Melayu atau bahasa Inggeris.

2. Submit your assignment ONCE only in a SINGLE file. /

Hantar tugasan SEKALI sahaja dalam SATU fail.

3. Submit your assignment ONLINE. /

Tugasan ini dihantar secara ONLINE.

4. Submission date: 12th July 2021./

Tarikh Penghantaran : 12hb Julai 2021.

5. This assignment accounts for 60% of the total marks for the course./
Tugasan ini menyumbang sebanyak 60% dari jumlah markah kursus.
 ASSIGNMENT QUESTION

PURPOSE
The purpose of this assignment is to enhance learners’ understanding on the users’ of
accounting information and enhance skills to prepare journal entry, trial balance and
financial statements.

REQUIREMENT
You are required to answer Assignment 1 and Assignment 2. You have to submit both
assignments ONCE only in a single file.

ASSIGNMENT 1:
Answer all questions.

Question 1: (CLO1)

Differentiate between internal user and external user and explain the examples of the
accounting information required.
(4 marks)

Question 2: (CLO1)

Assuming that you are considering to invest in a company. You read the company’s annual
report in making evaluation of the company. Based on your view, explain to the other
potential investors the usefulness of annual report’ information in assisting them to make
investment decision.
(4 marks)
(Total: 8 marks)
ASSIGNMENT 2:
Answer all the questions and show your detailed workings clearly and systematically.

Question 1: (CLO 2)

On 1 April 2021, Adam Syaqif began a new business called Cepat Cetak Sdn. Bhd, which
provides photostat and printing services. The following is a list of transactions incurred by
the business during the month of April 2021:
i) Adam Syaqif contributed RM200,000 cash into the business.
ii) Purchased a land and a small building for RM450,000. The company paid RM165,000
cash and signed a note payable for the balance. The land was considered to be worth
RM240,000 and the building to be RM210,000.
iii) Purchased office equipment for RM30,000 from Amazing Interiors Sdn. Bhd. The
company paid RM17,000 cash and agreed to pay the balance within 60 days.
iv) Purchased a motorcycle on credit for RM3,400 to be used for making deliveries to
customers. The company agreed to make payment to Motorex Sdn. Bhd. within 10
days.
v) Paid in full the account payable to Motorex Sdn. Bhd.
vi) Borrowed RM30,000 from Bank Kaya and signed a note payable due in six months’
time.

Based on the above information:

a) Prepare the journal entries for all the above transactions.
(15 marks)
b) Prepare a trial balance as at 30 April 2021.
(10 marks)
(Total: 25 marks)
Question 2:(CLO 2)

On 31 December 2020, the following trial balance was extracted from the books of Syarikat
Afif Resources:
Accounts Debit (RM) Credit (RM)
Capital 29,250
Drawings 4,600
Cash 9,200
Salaries and Wages 23,000
Rental Revenue 68,000
Land 35,000
Accounts Receivable 12,350
Accounts Payable 18,000
Office Expenses 2,500
Utility Expenses 1,700
Prepaid Insurance 1,400
Building 15,000
Office Equipment 2,300
Vehicles 4,200
Inventory 4,100
Unearned Rental Revenue 500
Depreciation Expenses 400
115,750 115,750

Additional information for adjustment at the end of the period is as follows:

i) Salaries and wages accrued amounted to RM5,000.
ii) Insurance premium expired for the year amounted to RM700.
iii) Unearned rental revenue was RM350.
iv) Utility bills amounted to RM200 were received but not yet paid.

You are required to prepare:

a) The adjusting entries needed on 31 December 2020.
(8 marks)
b) The adjusted trial balance as at 31 December 2020.
(10 marks)
(Total: 18 marks)
Question 3:(CLO 2)

You are assigned to prepare the income statement for the year ended 31 March 2021 and
the balance sheet as at 31 March 2021 based on the following information:
Accounts RM
Cash 31,000
Accounts Receivable 76,000
Supplies 9,500
Office Equipment 12,000
Accumulated Depreciation 3,600
Accounts Payable 24,000
Salaries Payable 16,000
Capital 71,220
Drawings 13,000
Service Revenue 95,400
Interest Income 11,500
Salaries Expense 39,700
Supplies Expense 4,200
Depreciation Expense 1,200
Rental Expense 35,000
Miscellaneous Expense 120

(9 marks)
(Total: 9 marks)

[Total: 60 marks]
 SOALAN TUGASAN

TUJUAN
Tujuan tugasan ini adalah untuk mempertingkatkan pemahaman pelajar tentang pengguna-
pengguna maklumat perakaunan dan mempertingkatkan kemahiran untuk menyediakan
catatan jurnal, imbangan duga dan penyata kewangan.

KEPERLUAN
Anda dikehendaki untuk menjawab Tugasan 1 dan Tugasan 2. Anda perlu menghantar kedua-
dua tugasan dalam SATU fail sahaja.

TUGASAN 1:
Jawab semua soalan.

Soalan 1: (CLO1)

Bezakan antara pengguna dalaman dengan pengguna luaran dan terangkan contoh-contoh
maklumat perakaunan yang diperlukan.

(4 markah)
Soalan 2: (CLO2)

Andaikan anda sedang mempertimbangkan untuk melabur dalam sebuah syarikat. Anda telah
membaca laporan tahunan syarikat dalam membuat penilaian terhadap syarikat berkenaan.
Berdasarkan pendapat anda, terangkan kepada para pelabur lain kegunaan maklumat-
maklumat laporan tahunan dalam membantu mereka untuk membuat keputusan pelaburan.
 (4 markah)

(Jumlah: 8 markah)
TUGASAN 2:
Jawab semua soalan dan tunjukkan jalan kerja terperinci anda dengan jelas dan sistematik.

Soalan 1:(CLO 2)

Pada 1 April 2021, Adam Syaqif memulakan perniagaan baru yang dikenali sebagai Cepat
Cetak Sdn. Bhd., yang menyediakan perkhidmatan fotostat dan mencetak. Berikut adalah
senarai urus niaga yang dilibatkan oleh perniagaan tersebut sepanjang bulan April 2021:
i) Adam Syaqif menyumbangkan RM200,000 tunai ke dalam perniagaan.
ii)Membeli tanah dan sebuah bangunan kecil sebanyak RM450,000. Syarikat tersebut
membayar RM165,000 tunai dan menandatangani satu nota belum bayar untuk bakinya.
Tanah berkenaan dianggap bernilai RM240,000 dan bangunan berkenaan sebanyak
RM210,000.
iii)Membeli peralatan pejabat sebanyak RM30,000 daripada Amazing Interiors Sdn. Bhd.
Syarikat membayar RM17,000 tunai dan bersetuju membayar bakinya dalam masa 60
hari.
iv)Membeli sebuah motosikal secara kredit bernilai RM3,400 untuk digunakan bagi membuat
penghantaran kepada pelanggan. Syarikat bersetuju membuat baki pembayaran kepada
Motorex Sdn. Bhd. dalam masa 10 hari.
v)Membayar sepenuhnya akaun belum bayar kepada Motorex Sdn. Bhd.
vi)Meminjam RM30,000 daripada Bank Kaya dan menandatangani satu nota belum bayar yang
matang dalam masa enam bulan.

Berdasarkan maklumat di atas:

a) Sediakan catatan jurnal bagi semua urus niaga di atas.
(15 markah)
b) Sediakan imbangan duga pada 30 April 2021.
(10 markah)

(Jumlah: 25 markah)
 Soalan2: (CLO 2)

Pada 31 Disember 2020, imbangan duga berikut telah diambil daripada buku Syarikat Afif
Resources:
Akaun-akaun Debit (RM) Kredit (RM)
Modal 29,250
Ambilan 4,600
Tunai 9,200
Gaji dan Upah 23,000
Hasil Sewa 68,000
Tanah 35,000
Akaun Belum Terima 12,350
Akaun Belum Bayar 18,000
Belanja Pejabat 2,500
Belanja Utiliti 1,700
Insurans Prabayar 1,400
Bangunan 15,000
PeralatanPejabat 2,300
Kenderaan 4,200
Inventori 4,100
Hasil Sewa Belum Terperoleh 500
Belanja Susut nilai 400
115,750 115,750

Maklumat tambahan bagi pelarasan pada akhir tempoh adalah seperti berikut:
i) Gaji dan upah terakru berjumlah RM5,000.
ii) Premium insurans luput bagi tahun tersebut berjumlah RM700.
iii) Hasil sewa belum terperoleh adalah RM350.
iv) Bil utiliti berjumlah RM200 telah diterima tetapi belum dibayar.

Anda dikehendaki untuk menyediakan yang berikut:

a) Catatan pelarasan yang diperlukan pada 31 Disember 2020.
(8 markah)
b) Imbangan duga terselaras pada31 Disember 2020.
(10 markah)
(Jumlah: 18 markah)
Soalan3 : (CLO 2)

Anda telah ditugaskan untuk menyediakan penyata pendapatan bagi tahun berakhir 31 Mac
2021 dan lembaran imbangan pada 31 Mac 2021 berdasarkan kepada maklumat berikut:

Akaun-akaun RM
Tunai 31,000
Akaun Belum Terima 76,000
Bekalan 9,500
Peralatan Pejabat 12,000
Susut nilai Terkumpul 3,600
Akaun Belum Bayar 24,000
Gaji Belum Bayar 16,000
Modal 71,220
Ambilan 13,000
Hasil Perkhidmatan 95,400
Faedah Pendapatan 11,500
Belanja Gaji 39,700
Belanja Bekalan 4,200
Belanja Susut nilai 1,200
Belanja Sewa 35,000
Belanja Pelbagai 120

(9 markah)
(Jumlah: 9 markah)

[Jumlah: 60 markah]