i

Group Assignment
Taylor’s University

Undergraduate Business Programmes

ACC 60104
Introduction to Accounting

August Semester 2022

[ 2,814 WORDS ]
 List of students (State full name & tutorial group in block capital)

1. …… FANG QIAO RU …… 6. …WONG TZUN MIN…

2. …… ANG HOEY ERN …… 7. ……LIM HUI YEE……

D u
al Award Programme 3. ……LIM YONG XIAN…… 8. …SIM HONG ZHEN…
Group Assignment Cover Sheet
4. ……TAY JIAN YUAN…… 9. … WANG FEIHAO……
Fold corner of EACH copy separately and seal to obscure your name

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Please complete the form (in capital letters) and attach it securely to the front of your assignment before submitting your

assignment.
…………TUTORIAL 02.…… …………GROUP 04………
Student ID: ………0351162 ……………… Student ID: ………0356154…………………………

Student ID: ………0356203……………………… Student ID: ………0339556......……………………

Student ID: ………0356716……………………… Student ID: ………0357613…………………………

Student ID: ………0347434……………………… Student ID: …....0351907……….............……

Student ID: ……0357646 …………………

Name of module: …………INTRODUCTION TO ACCOUNTING………………………

Name of tutor: ……MS. HAW MAY LIN…………

Module code: A C C 6 0 1 0 4

Assignment title: ………GROUP ASSIGNMENT……………………………

Due date & time: ………21ST NOVEMBER 2022, 2:00PM…………………………………………

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Feedback Form

Group Assignment Marks

Part A (Crunch and Munch)
Participation in the Crunch and Munch Initiative (Individual
Component) – Present on the day of selling (i.e., throughout the entire
session) & involved in all allocated tasks (that may include, but not
limited to (i) recording transactions, (ii) cash collection, (iii) attending
to customers, (iv) distributing flyers, (v) being a member of a mobile
sales team, etc.). /20

Part B (Crunch and Munch)

• Summary of transactions by product type
• Overall summary of transactions for stall
• Relevant journal entries (based on key summaries) for stall /20

Part C (Crunch and Munch)

• Journalizing listed transactions
• Preparation of T-accounts for all journalized transactions for Part B and
Part C
• Preparation of 5-column Worksheet
• Preparation of (i) Income Statement & (ii) Statement of Financial
Position /39

Part D (Financial Statement Analysis (Ratio Analysis))

• Calculate 7 ratios of two companies.
• Compare and analyse using the ratios.
(1 mark for each correct calculation of ratio and 0.5 for each correct ratio
analysis) /21

TOTAL MARKS /100

FEEDBACK
Part A

Event Name : Crunch and Munch

Date : 3/10/2022, 2:00pm – 4:00pm

Shifts Tasks Names

Recording transaction Fang Qiao Ru
Cash Collection Tay Jian Yuan
2:00p.m. – 3:00p.m. Lim Hui Yee
Promoters Sim Hong Zhen
Wang Fei Hao
Recording transaction Wong Tzun Min
Cash Collection Chowdhury Haseen Anwar Auni
3:00p.m. – 4:00p.m.
Ang Hoey Ern
Promoters
Lim Yong Xian
Part B
Inventory Summary
  Purchase Receipt/ In Cost of Good Sold / Out Inventory on hand/ Balance
Cost Cost Cost Cost
Total
Per Quantity Per of Per
Cost
Date Quantity Unit Purchase Quantity Sold Unit Good Quantity Remaining Unit
(RM
(RM d (RM) (RM s Sold (RM
)
) ) (RM) )
1-Sep     0           0
      0         0
      0           0
29-
Ubi Masin (5 units) 1.00 5.00            
Sep
  Pisang Masin (5 units) 2.50 12.50            
Murukku Biasa (5
  2.10 10.50            
units)
1-Oct             Ubi Masin (5 units) 1.00 5.00
12.5
            Pisang Masin (5 units) 2.50
0
              Murukku Biasa (5 2.10 10.5
 units) 0
3-Oct       Ubi Masin (5 units) 1.00 5.00      
        Pisang Masin (5 units) 2.50 12.50      
Murukku Biasa (5
        2.10 10.50      
units)
Total 15 units   28.00 15 units   28.00 0   0.00

The Buy 1 Free 1 Enterprise has sold each 5 Ubi Masin, Pisang Masin and Murukku Biasa for RM 4 each unit

Discount RM1 is given for customers who buy any 2 units of Ubi Masin, Pisang Masin and Murukku Biasa.

Total Sales Revenue 60.00

Total cost of goods sold 28.00
Total cash 54.00
Gross Profit 32.00
Part C
General Journal
Date Accounts and Explanations Debit Credit
2022   RM RM
Oct 1 Cash 50  
  Bank 50  
  Capital   100
  (Opening Capital)    
       
Oct 1 Purchase    
  -Ubi Masin (RM 1 x 5) 5  
  -Pisang Masin (RM 2.5 x 5) 12.50  
  -Murukku Biasa (RM2.1 x 5) 10.50  
  Trade Payable   28
  (Credit Purchase the goods to sell)    
       
Oct 1 Inventory 28  
  Purchase   28
  (Reversal of Purchase)    
     
Oct 1 Printing Expenses (RM0.1 x 15) 1.50  
  Cash   1.50
(Printing expenses of logo stickers, each sticker
   
  RM0.1)
       
Oct 1 Prepaid Advertising Expenses 2.50  
  Cash   2.50
  (Paid in advanced for Advertising Expenses)    
       
Oct 1 Cash 4  
  Unearned Revenue   4
  (Sales of 1 Murukku in advanced)    
       
 Oct 3 Cash 7  
  Discount Allowed 1  
  Sales ( RM 4 x 2 )   8
(Sales of 1 Pisang Masin and 1 Ubi Masin, and get
   
  RM 1 discount)
       
Oct 3 Cost of Goods Sold (RM2.5 + RM1) 3.5  
  Inventory   3.5
  (Cost of 1 Ubi Masin and 1 Pisang Masin)    
     
Oct 3 Account Receivable - Kelly Tee 7  
  Discount Allowed 1  
  Sales (RM 4 x 2 )   8
(Credit Sales of 1 1Pisang Masin and 1 Ubi Masin,
   
  and get RM 1 discount)
       
Oct 3 Cost of Goods Sold 3.5  
  Inventory   3.5
  (Costs of 1 Ubi Masin and 1 Pisang Masin)    
       
Oct 3 Account Receivable - Gan Khai Siong 7  
  Discount Allowed 1  
  Sales (RM 4 x 2 )   8
(Credit Sales of 1 Pisang Masin and 1 Ubi Masin, and
   
  get RM 1 discount)
       
Oct 3 Cost of Goods Sold 3.5  
  Inventory   3.5
  (Credit Sales of 1 Pisang Masin and 1 Ubi Masin)    
       
Oct 3 Cash 7  
  Discount Allowed 1  
  Sales ( RM 4 x 2 )   8
  (Sales of 2 Murukku, and get RM 1 discount)    
       
Oct 3 Cost of Goods Sold 4.2  
  Inventory   4.2
  (Cost of 2 Murukku)    
       
Oct 3 Cash 11  
  Discount Allowed 1  
  Sales (RM 4 x 3 )   12
(Sales of 1 Pisang Masin, 1 Ubi Masin and 1
   
  Murukku, and get RM 1 discount)
       
Oct 3 Cost of Good Sold 5.6  
  Inventory   5.6
  (Cost of 1 Pisang Masin, 1 Ubi Masin and 1 Murukku)    
       
Oct 3 Account Receivable - Phuah Chong Kit 11  
  Discount Allowed 1  
  Sales   12
(Credit Sales of 1 Pisang Masin, 1 Ubi Masin and 1
   
  Murukku, and get RM 1 discount)
       
Oct 3 Cost of Goods Sold 5.6  
  Inventory   5.6
  (Cost of 1 Pisang Masin, 1 Ubi Masin and 1 Murukku)    
       
Oct 3 Advertising Expenses 2.50  
  Prepaid Advertising Expenses   2.50
  (Reversal for Prepaid Advertising Expenses)    
       
Oct 4 Unearned Revenue 4  
  Sales   4
  (Sales Revenue earned for 1 Murukku)    
       
Oct 4 Cost of Good Sold 2.1  
  Inventory   2.1
  ( Cost of Ubi Masin)    
       
Oct 4 Salaries Expense 5  
  Bank   5
  (Salaries paid)    
       
Oct 4 Utilities Expense 5  
  Bank   5
  (Utilities Expense Paid)  
     
Oct 6 Bank 7  
  Account Receivable - Gan Khai Siong   7
  (Reversal of Account Receivable - Gan Khai Siong)    
       
Oct 10 Bank 7  
  Account Receivable - Kelly Tee   7
  (Reversal of Account Receivable - Kelly Tee)    
       
Oct 12 Bank 11  
  Account Receivable - Phuah Chong Kit   11
  (Reversal of Account Receivable - Phuah Chong Kit)    
       
Oct 13 Cash 25  
  Bank (RM7+RM7+RM11)   25
  (Contra)    
       
Oct 14 Trade Payable 28  
  Cash   28
  (Paid cash for Trade Payable)    
       
 Oct 15 Donation 12  
  Cash   12
  (Donation for charity)    
       
Oct 31 Salaries Expenses 2  
  Accrued Salaries Expenses   2
  (Accrued Salaries Paid)    
       
Oct 31 Utilitise Expenses 3  
  Accrued Utilities Expenses   3
  (Accrued Utilities Paid)    
       
Oct 31 Sales 60  
  Income Summary   60
  (To close revenue)    
       
Oct 31 Income Summary 60  
  Printing expense   1.50
  Advertising Expense   2.50
  Discount Allowed   6
  Utilities Expenses   8
  Salaries Expenses   7
  Cost of Goods Sold   28
  Donation   7
  (To close expense)    
       
In the books' of Buy 1 Free 1 Enterprise:
General Ledger
Cash
2022 RM 2022 RM
Oct 1 Capital 50 Oct 1 Printing Expenses 1.50
1 Unearned Revenue 4 1 Prepaid Advertising Expenses 2.50
3 Sales 7 14 Trade Payable 28
3 Sales 7 15 Donation 7
3 Sales 11 31 Balance c/d 65
13 Bank - Contra 25  
104   104
Nov 1 Balance b/d 65  
 

Bank
2022 RM 2022 RM
Oct 1 Capital 50 Oct 4 Salaries Expenses 5
Account Receivable - Gan
6 Khai Siong 7 4 Utilities Expenses 5
Account Receivable - Kelly
10 Tee 7 13 Cash - Contra 25
Account Receivable -
12 Phuah Chong Kit 11 31 Balance c/d 40
75   75
1-Nov Balance b/d 40  
 

Capital
2022 RM 2022 RM
Oct 31 Balance c/d 100 Oct 1 Cash 50
1 Bank 50
100   100
Nov 1 Balance b/d 100
 Cost of Good Sold
2022 RM 2022 RM
3.5 Oct
Oct 3 Inventory 0 31 Income Summary 28
3.5
3 Inventory 0  
3.5
3 Inventory 0  
4.2
3 Inventory 0  
5.6
3 Inventory 0  
5.6
3 Inventory 0  
2.1
4 Inventory 0  
28   28
 

Inventory
2022 RM 2022 RM
Oct 1 Purchase 28 Oct 3 Cost of Goods Sold 3.50
3 Cost of Goods Sold 3.50
3 Cost of Goods Sold 3.50
3 Cost of Goods Sold 4.20
3 Cost of Goods Sold 5.60
3 Cost of Goods Sold 5.60
4 Cost of Goods Sold 2.10
28   28.00

Printing Expenses
2022 RM 2022 RM
1.5 Oct
Oct 1 Cash 0 31 Income Summary 1.50
 1.5
0   1.50
 

Prepaid Advertising Expenses

2022 RM 2022 RM
2.5 Advertising
Oct 1 Cash 0 Oct 3 Expenses 2.50
2.5
0   2.50
 

Advertising Expenses
2022 RM 2022 RM
Prepaid Advertising 2.5 Oct
Oct 3 Expenses 0 31 Income Summary 2.50
2.5
0   2.50
 

Unearned Revenue
2022 RM 2022 RM
Oct 4 Sales 4 Oct 1 Cash 4
4   4
 
 

Salaries Expenses
2022 RM 2022 RM
Oct
Oct 4 Bank 5 31 Income Summary 7
31 Accrued Salaries Expenses 2  
7   7
 
  
 

Utilities Expenses
2022 RM 2022 RM
Oct
Oct 4 Bank 5 31 Income Summary 8
31 Accrued Utilities Expenses 3  
8   8
 

Donation
2022 RM 2022 RM
Oct Oct
15 Cash 7 31 Income Summary 7
7   7
 

Accrued Salaries Expenses

2022 RM 2022 RM
Oct Oct
31 Balance c/d 2 31 Salaries Expenses 2
2   2
Nov 1 Balance b/d 2
 

Accrued Utilities Expenses

2022 RM 2022 RM
Oct Oct
31 Balance c/d 3 31 Utilities Expenses 3
3   3
Nov 1 Balance b/d 3
 
 Income Summary
2022 RM 2022 RM
Oct 1.5 Oct
31 Printing Expenses 0 31 Sales 60
2.5
31 Advertising Expenses 0  
31 Discount Allowed 6  
31 Utilities Expenses 8  
31 Salaries Expenses 7  
31 Donation 7  
31 Cost of Goods Sold 28  
60   60
 

Sales Ledger

Sales
2022 RM 2022 RM
Oct
31 Income Summary 60 Oct 3 Cash 7
3 Discount Allowed 1
Account Receivable -
3 Kelly Tee 7
3 Discount Allowed 1
Account Receivable -
3 Gan Khai Siong 7
3 Discount Allowed 1
3 Cash 7
3 Discount Allowed 1
3 Cash 11
3 Discount Allowed 1
Account Receivable -
3 Phuah Chong Kit 11
 3 Discount Allowed 1
4 Unearned Revenue 4
60   60

Discount Allowed
2022 RM 2022 RM
Oct 3 Sales 1 Oct 31 Income Summary 6
3 Sales 1  
3 Sales 1  
3 Sales 1  
3 Sales 1  
3 Sales 1  
6   6
 

Account Receivable - Kelly Tee

2022 RM 2022 RM
Oct 3 Sales 7 Oct 10 Bank 7
7   7
 

Account Receivable - Gan Khai Siong

2022 RM 2022 RM
Oct 3 Sales 7 Oct 6 Bank 7
7   7
 
 

Account Receivable - Phuah Chong Kit

2022 RM 2022 RM
Oct 3 Saless 11 Oct 12 Bank 11
11   11
  

Purchase Ledger

Purchase
2022 RM 2022 RM
Oct 1 Trade Payable 28 Oct 1 Inventory 28
28   28
 

Trade Payable
2022 RM 2022 RM
Oct 14 Cash 28 Oct 1 Purchase 28
28   28
 

Income Statement:

Buy 1 Free 1 Enterprise

Income Statement
For the Year Ended October 31 October 2022
RM RM RM
Sales 60.00
Less: Discount Allowed (6.00)
Net Sales 54.00

Less: Cost of Sales

Opening Inventory 0
Purchases 28.00
Cost of Goods Available for Sales 28.00
Less: Closing Inventory 0 28.00
Gross Profit 26.00

Less: Expenses
Advertising expenses 2.50
Donation 7.00
Printing expenses 1.50
Salaries Expenses 7
 Utilities Expenses 8.00
Total expenses (26.00)
Net Profit 0
Statement of Financial Position:

Buy 1 Free 1 Enterprise

Statement of Financial Position
As At 31 October 2022
RM RM
Current Assets
Cash 65
Bank 40
Total Assets 105

Equity
Opening Capital 100
Add: Net Profit (0)
Closing Capital 100

Current Liabilities
Accrued Salaries Expenses 2
Accrued Utilities Expenses 3
5
Total Liabilities
Total Liabilities and Equity 105
Accounting Worksheet:
Buy 1 Free
Accountin
As at 30

Account Names

  Debit

  $

Cash 6

Bank 4

Buy 1 Free 1 Enterprise, Capital  

Sales

Purchase 2

Printing Expenses 1.
Salaries Expense
Utilities Expenses

Advertising Expenses 2.

Discount Allowed
Donation
Accrued Salaries Expenses  
Accrued Utilities Expenses  

Total 16

Sales Ledge

Sales
2022 RM 2022
Oct 31 Income Summary 60 Oct 3 Cash
3 Discoun
3 Accoun
3 Discoun
3 Accoun
3 Discoun
3 Cash
3 Discoun
3 Cash
3 Discoun
3 Accoun
3 Discoun
4 Unearne
60  

Discount Allo
2022 RM 2022
Oct 3 Sales 1 Oct 31 Income
3 Sales 1  
3 Sales 1  
3 Sales 1  
3 Sales 1  
3 Sales 1  
 6  
 
 

Account Receivable -
2022 RM 2022
Oct 3 Sales 7 Oct 10 Bank
7  
 
 
 

Account Receivable - G
2022 RM 2022
Oct 3 Sales 7 Oct 6 Bank
7  
 
 

Account Receivable - Ph
2022 RM 2022
Oct 3 Saless 11 Oct 12 Bank
11  
 
 
 
Accounting Worksheet:
Buy 1 Free 1 Enterprise
Accounting Worksheet
As at 30 Sept 2022
Adjusted Trial
Account Names Unadjusted Trial Balance Adjustments Income Statement Balance Sheet
Balance
  Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit
  $ $ $ $ $ $ $ $ $ $
Cash 60       60       60  
Bank 40       40       40  
Buy 1 Free 1 Enterprise, Capital   100       100       100
Sales   60       60   60    
Purchase 28       28   28    
Printing Expenses 1.5     1.5   1.5      
Salaries Expense 5   2   7   7      
Utilitise Expenses 5   3   8   8      
Advertising Expenses 2.5       2.5   2.5      
Discount Allowed 6       6   6      
Donation 12     5 7   7      
Total 160 160 5 5 160 160 60 60 100 100
Adjustment:
Accrued Salaries Expense 2
Accrued Utilities Expense 3

Total 5 5
Part D
Company A : Company B :
No. Ratio
Iconic Worldwide Berhad IOI Corporation Berhad

1,786,900,000 /
9,593,000 / 107,139,000 x 100
15,578,700,000
= 0.08954 x 100
= 0.11355 x 100
= 8.95%
= 11.36%

A net profit margin of 8.95% and 11.36% indicates that

Net Profit
every RM1 received in sales of company A will get RM0.09
Margin
as profit, whereas company B will get RM0.11 as profit.
1 = Net
Compared to 2021, although both company’s sales has
Income/Net
augmented, IOI’s net profit margin still decreases , while
Sales
Iconic didn’t have a very wide span on net profit margin.
This is because greater cost has incurred due to sales
boosting and inflation caused by supply chain crisis, thus
the increase in expenses has limited the net profit margin for
both companies.
2 Return On EBIT EBIT = RM2,494,200,000
Capital =RM12,299,000 ( Profit
Employed before tax) + RM1,971,000 Capital Employed
= Earnings (finance cost) = Total Assets - Current
before interest = RM14,270,000 Liabilities
and tax = RM19,167,800,000 -
(EBIT)/capital Capital Employed RM3,751,600,000
employed = RM 347,062,000 - = RM15,416,200,000
RM59,801,000
= RM287,261,000

Return On Capital Employed Return on Capital

= RM14,270,000 / Employed
RM287,261,000 = RM2,494,200,000 /
= 0.05 RM15,416,200,000
 = 0.16
0.05x100=5%
0.16x100=16%
Return on capital employed measure the benefit of capital
investment by showing the benefit of capital investment
with the profitability of the company. ROCE represents the
company’s profit, which means that the higher the ratio, the
better. The ratio of at least 20% on return on capital
employed usually represents a good financial position in the
company. In 2022, the interest rate of both companies did
not exceed 20%, indicating that the company profit
decreased due to the impact of the covid-19 pandemic.

= RM147,162,000 / = RM7,883,300,000 /
RM347,062,000 RM19,167,800,000
= 0.42 = 0.41
=42% = 41%
Both company A & B has debt ratio that are lower than
Debt to Asset 50%, which indicates that most of the assets are owned by
Ratio the owners of both businesses, so the company's financial
3
= Total Debts/ risk is lower. IOI performs better as they have larger
Total Assets operations. They borrow more compared to Iconic
Worldwide Berhad but they have a larger pool of assets to
be used. Due to them having more assets, despite them
borrowing more, the debts to assets ratio is still slightly less
compared to Iconic. The debts to assets ratio for Iconic is
higher as the increase in percentage of equity is less than the
increase in percentage of sales.

Current ratio 6,679,400,000 /

125,522,000 / 59,801,000
4 = Current 3,751,600,000
= 2.10
Asset/Current = 1.78
 Current ratio represents the company’s ability to pay back
short-term loans within the next year using their current
assets. The higher the current ratio, the greater the
companies ability to pay back loans. Company A has a
Liabilities lower asset value compared to company B, however it has a
larger current ratio due to the proportion of current
liabilities to current assets being much smaller. Both
companies have current ratio greater than 1 so they will be
able to pay off their current liabilities.

Quick ratio
Quick ratio
= (RM 6,679,000,000 -
= (RM 125,520,000 - RM
RM 1,663,000,000) / RM
77,705,000) / RM 59,801,000
3,752,000,000
= 0.8
= 1.34

The quick ratio is an indicator of a company's short-term

liquidity position and measures a company's ability to meet
Quick Ratio
its short-term obligations with its most liquid assets.
= (Current asset
Company A’s quick ratio is less than 1 representing that
5 - Inventory) /
Company A may not be able to fully pay off its current
Current
liabilities in the short term. However, Company B quick
liability
ratio is greater than 1, so it represents that Company B can
instantly get rid of its current liabilities in short term. Both
companies’ quick ratio has increased since last year as in
2022, the impact of COVID-19 has decreased which has
helped increase sales. For example IOI's current assets
increased from 5,337,800,000 in 2021 to 6,679,400,00 in
2022 indicating that IOI expects greater sales in the year
2022.
 = RM14,270,000 / = RM2,494,200,000 /
RM1,971,000 RM159,300,000
= 7.24 = 15.66
Times-Interest-
Earned Ratio
6 = EBIT / Company B has higher interest-coverage ratio than
Interest Company A, therefore Company B is more likely to be able
Expenses to pay off their interest on the debt or borrowing than
Company A. To elucidate, IOI's earnings before interest and
taxes are high, therefore their EBIT can cover the interest
expensed.

* assuming that all sales are on credit term

(in RM million) (in RM million)

Trade
Account Receivable Turnover Account Receivable
Receivables
Ratio Turnover Ratio
Collection
= 107.139 / [(3.03 + 16.969) / = 15,578.7 / [(1,166.5 +
Period
2] 1,080.5) / 2]
= 365 days /
= 10.71 = 13.87
Account
Receivable
Trade Receivables Collection Trade Receivables
Turnover Ratio
7  Period Collection Period
= 365days / 10.71 = 365days / 13.87
*Account
= 34.07 = 26.32
Receivable
Turnover Ratio
= Net Credit Trade receivable collection period indicates the period of
Sales / Average time that debtors pay to both companies. Company A's
net Account debtor requires longer period than company B's debtor to
Receivable settle the credit amount. Both companies have the same
credit period in 2021 which is 90 days, however IOI has
extended the credit period to 120 days in 2022, therefore
IOI might have better screening for future debtors so will
 have a lower trade receivable collection period than Iconic
as it will have time to scan for credit worthy customers.
Conclusion: In conclusion, based on the ratios we have used, IOI Group’s overall
performance is better than Iconic Worldwide Berhad’s. IOI Group performed better in
6 ratios the only exception being current ratio which is the only ratio Iconic
Worldwide Berhad outperformed IOI. The reason could be due to IOI Group having a
larger operation scale compared Iconic which can be evident when in 2022, IOI group
earned RM 15,578,700,000 in sales revenue however Iconic Worldwide only earning
RM107,139,00 in sales revenue. Investors such as banks will be more confident in
IOI Group’s operations and can offer lower interest rates for borrowing which will
reduce IOI Group’s liabilities leading to IOI group doing better overall compared to
Iconic Worldwide Berhad.
Reference List

Iconic Worldwide Berhad (2022), Iconic Worldwide Berhad annual report 2022
[Online]. Available at:<https://ir2.chartnexus.com/iconicworldwide/docs/AR/2022.pdf>
(Accessed: 19 November 2022).
IOI Corporation Berhad (2022), IOI Group financial report 2022 [Online]. Available
at:<https://www.ioigroup.com/Content/IR/PDF/FR/Financial_Report_2022.pdf>(Acces
sed: 19 November 2022).
www.wsj.com. (n.d.). 9113.MY | Iconic Worldwide Bhd Annual Balance Sheet - WSJ.
[online] Available at:
https://www.wsj.com/market-data/quotes/MY/XKLS/9113/financials/annual/balance-
sheet [Accessed 21 Nov. 2022].
www.wsj.com. (n.d.). 1961.MY | IOI Corp. Bhd Annual Balance Sheet - WSJ. [online]
Available at:
https://www.wsj.com/market-data/quotes/MY/1961/financials/annual/balance-sheet
[Accessed 21 Nov. 2022].
i