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    tengku ril
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    The Empire Cafe is a sole proprietorship food and beverage business located in Batu 6 IJM Sandakan, Malaysia. It is characterized as a place for meetings, celebrations, and family gatherings. The business has total assets of RM 60k-80k, liabilities of RM 12-13k for rent, salaries and utilities, and capital of RM 20-40k. Revenues are RM 12-15k net and RM 26k gross, while expenses are around RM 30k per month, which cannot exceed 10% of gross income.

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    The Empire Cafe is a sole proprietorship food and beverage business located in Batu 6 IJM Sandakan, Malaysia. It is characterized as a place for meetings, celebrations, and family gatherings. The business has total assets of RM 60k-80k, liabilities of RM 12-13k for rent, salaries and utilities, and capital of RM 20-40k. Revenues are RM 12-15k net and RM 26k gross, while expenses are around RM 30k per month, which cannot exceed 10% of gross income.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    11 views1 page

    Acc Assignment

    Uploaded by

    tengku ril
    The Empire Cafe is a sole proprietorship food and beverage business located in Batu 6 IJM Sandakan, Malaysia. It is characterized as a place for meetings, celebrations, and family gatherings. The business has total assets of RM 60k-80k, liabilities of RM 12-13k for rent, salaries and utilities, and capital of RM 20-40k. Revenues are RM 12-15k net and RM 26k gross, while expenses are around RM 30k per month, which cannot exceed 10% of gross income.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    1.

    Background business

    Name The Empire Cafe

    Type of business Sole proprietorship

    Location Batu 6 IJM Sandakan

    Owner’s capital Asset-Liabilities

    Business activity Food and Beverages

    2. Business characteristic

    -more for meeting, celebration, family gathering,

    3. Classification of business

    Assets total roughly RM 60k to 80k

    Liabilities sewa n gaji n utilities, Kemudahan, RM 12-13k

    Capital RM 20-40k

    Revenues RM12-15k nett gross 26k

    Expenses rolling 30k 11 to 12 cannot more than 10% gross income

    4. Recording process of the business

    5.

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