DECLARATION FORM OF GROUP ASSIGNMENT

INTRODUCTION TO FINANCIAL ACCOUNTING (ACC117/106)

Name of group leader and members: Student ID:

ELLISSYA SOFEA BINTI KAMARUL ZAMAN (leader) 2022628508

NUR RUSYDAYANTI BINTI ROSLI (member) 2022817336

NUR SYAHIRAH BINTI HARIS FADHILLAH (member) 2022890548

WAN NUR AIZAH AUNI BINTI WAN AZALI (member) 2022476292

Due Date of Assignment: 15/06/2023 Submission Date: 15/06/2023

PREPARED FOR:
DR. RUSLAINA HJ YUSOFF

DECLARATION: We declare that the assignment here submitted is original and no

part of this assignment has been copied from other person's work except when due
acknowledgement is made in the text and all members of the group have read and
checked all parts of the piece of work, irrespective of whether they are contributed
by individual members or all members as a group, here submitted are original
except for source material explicitly acknowledged.

Signature of group leader: Date:

DISCLAIMER:
A lecturer has a right not to mark this assignment if the above declaration has not
been signed. If the above declaration is found to be false, no mark will be rewarded
for this assignment.
 GROUP ASSIGNMENT
INTRODUCTION TO FINANCIAL ACCOUNTING
(ACC117/106)

PREPARED BY:

NAME STUDENT ID GROUP

1 ELLISSYA SOFEA BINTI KAMARUL ZAMAN (leader) 2022628508 D1CDCS1432E

2 NUR RUSYDAYANTI BINTI ROSLI (member) 2022817336 D1CDCS1432E

3 NUR SYAHIRAH BINTI HARIS FADHILLAH (member) 2022890548 D1CDCS1432E

4 WAN NUR AIZAH AUNI BINTI WAN AZALI (member) 2022476292 D1CDCS1432E

DIPLOMA OF MATHEMATICAL SCIENCE

PREPARED FOR:
DR. RUSLAINA HJ YUSOFF
Introduction
Business Background

Business Name CUTIPIE BAKERY

Owner CIK ELLISSYA SOFEA
Location 1st FLOOR, WISMA DARUL IMAN BUILDING, JALAN
PEJABAT, 20000, KUALA TERENGGANU, TERENGGANU
Operation Hour 10.00 AM – 05.00 PM
Business Activity Sold a variety of breads and desserts such as croissants,
brownies, chocolate cakes, cheese tarts, muffins,
macarons and so on. The business also sold high
quality coffee in the bakery shop.
Capital Contribution RM83,000
WhatsApp +60197136098
Contact No +096954416
Website https://www.cutiepiebakeryenterprise.com.my
Financial Year End 1st May 2023
Business Transactions

Date Transaction
April 1 The owner started the business with RM80,000 cash. (Deposit Slip No. 001)
April 2 The owner brought in kitchen furniture valued RM3,000 into the business.
April 3 Purchased stock of croissants worth RM3,000 on credit from Hamizan
Trading. (Invoice No. A003)
April 4 Sold brownies to Izah RM250 by cash. (Receipt No. 326)
April 4 Damaged croissants were returned to Hamizan Trading worth RM800.
(Credit note No. CN002)
April 5 Purchased motor vehicle worth RM6,000 on cash from Aiman Bikers Sdn
Bhd. (Receipt No. 136)
April 6 Bought a coffee machine amount RM1,000 on cash from Auni Trading.
(Receipt No. 102)
April 7 Paid RM2,200 to Hamizan Trading by cheque. (Cheque No. 624)
April 8 Sold dozens of chocolate cakes on credit RM2,000 to Amy. (Invoice No. 128)
April 9 Purchased stock of cheese tarts from Bibi Enterprise worth RM1,000 by
cash. (Receipt No. 224)
April 9 Sales returned by Amy amounted to RM500. (Credit note No. CN501)
April 10 Cash sales to Syahirah worth RM2,000. (Receipt No. 275)
April 11 Bought refrigerators on credit from Fakhrul Sdn Bhd worth RM8,000.
(Invoice No. 387)
April 12 Paid off loan bank amounting RM10,0000 by cheque (Cheque No. 278)
April 14 Sold dozens of muffins on credit to Haziq worth RM500. (Invoice No. 114)
April 15 Banked in cash in hand amounting RM10,000 into business bank account.
April 15 Haziq returned damaged muffins worth RM100. (Credit Note No. CN202)
April 16 Received RM1,500 by cheque from Amy. (Cheque No. 174)
April 17 Purchase 1kg of coffee beans from Humaidie Enterprise worth RM100 in
cash. (Receipt No. 313)
April 18 Paid to RM2,000 to Fakhrul Sdn Bhd by cheque. (Cheque No. 675)
April 18 Sofea withdrew goods worth RM200 and cash RM400 for personal use
April 20 Received a cheque of RM400 from Haziq. (Cheque No. 114)
April 21 Purchased stock of macaroons worth RM2,500 on credit from Ain Trading.
(Invoice No. 329)
April 21 Received commission of RM100 by cash from Ain Trading.
April 22 Sold red velvet cakes on credit to Rusyda RM100. (Invoice No. 252)
April 23 Purchased stock of cake boxes from Aira Enterprise on credit amounting to
RM1,500. (Invoice No. 179)
April 24 Paid electricity bill RM400 by cheque to Tenaga Nasional Berhad.
(Cheque No. 18)
April 24 Returned defective cake boxes to Aira Enterprise amounting RM200.
(Credit note No. CN132)
April 25 Paid salaries to workers with cash amount RM3,000. (Receipt No. 009)
April 27 Sold cheese cakes to Sabreena worth RM150 by cash. (Receipt No. 219)
April 28 Paid rental of premises amounting to RM700 by cash. (Receipt No. 58)
 JOURNAL

GENERAL JOURNAL
Date Particulars Folio Debit (RM) Credit (RM)
April 2 Kitchen furniture GL9 3,000
Capital GL5 3,000
April 5 Motor vehicle GL11 6,000
Cash GL7 6,000
April 11 Kitchen furniture GL9 8,000
AP - Fakhrul Sdn Bhd *Creditor PL2 8,000
(Bought refrigerator on credit)
April 15 Bank GL6 10,000
Cash GL7 10,000
April 18 Drawings GL10 200
Purchases GL1 200
(Withdrew goods)
April 18 Drawings GL10 400
Cash GL6 400

PURCHASE JOURNAL
Date Particulars Invoice No. Folio RM
April 3 Hamizan Trading A003 PL3 3,000
April 21 Ain Trading 329 PL4 2,500
April 23 Aira Enterprise 179 PL1 1,500
Transfer to Purchases Account GL1 7,000

SALES JOURNAL
Date Particulars Invoice No. Folio RM
April 8 Amy 128 SL1 2,000
April 14 Haziq 114 SL3 500
April 22 Rusyda 252 SL2 100
Transfer to Sales Account GL2 2,600

RETURN OUTWARDS JOURNAL

Date Particulars Credit Note No. Folio RM
April 4 Hamizan Trading CN002 PL3 800
April 24 Aira Enterprise CN132 PL1 200
Transfer to Return Outwards Account GL3 1,000

RETURN INWARDS JOURNAL

Date Particulars Credit Note No. Folio RM
April 9 Amy CN501 SL1 500
April 15 Haziq CN202 SL3 100
Transfer to Return Inwards Account GL4 600
 CASH RECEIPT JOURNAL
Date Reference Accounts to be credited Folio Bank Cash Discount Accounts Sales
No. (RM) (RM) allowed receivable (RM)
(RM) (RM)
April 1 001 Capital GL5 80,000
April 4 326 Izah GL2 250 250
April 10 275 Syahirah GL2 2,000 2,000
April 16 174 Amy SL1 1,500 1,500
April 20 114 Haziq SL3 400 400
April 21 Commission Received 100
April 27 219 Sabreena GL2 150 150
Transfer to GL6 / GL7 / GL2 1,900 82,500 1,900 2,400

CASH PAYMENT JOURNAL

Date Reference Accounts to be debited Folio Bank Cash Discount Accounts Purchase
No. (RM) (RM) received payable (RM)
(RM) (RM)
April 6 102 Auni Trading GL1 1,000 1,000
April 7 624 Hamizan Trading PL3 2,200 2,200
April 9 224 Bibi Enterprise GL1 1,000 1,000
April 12 278 Bank Loan GL14 10,000
April 17 313 Humaidie Enterprise GL1 100 100
April 18 675 Fakhrul Sdn Bhd PL2 2,000 2,000
April 24 18 Utility Expenses GL8 400
April 25 009 Salaries GL13 3,000
April 28 58 Rental Expenses GL12 700
Transfer to GL6 / GL7 / GL1 14,600 5,800 4,200 2,100
LEDGERS
Purchase ledger

PL1

Accounts Payable – Aira Enterprise A/C

Date Particulars Folio RM Date Particulars Folio RM

April 24 Return Outwards ROJ 200 April 23 Purchases PJ 1,500
April 30 Balance c/d 1,300
1,500 1,500
May 1 Balance b/d 1,300

PL2

Accounts Payable – Fakhrul Sdn Bhd A/C

Date Particulars Folio RM Date Particulars Folio RM

April 18 Bank CPJ 2,000 April 11 Transfer from GJ 8,000
General Journal
April 30 Balance c/d 6,000
8,000 8,000
May 1 Balance b/d 6,000

PL3

Accounts Payable – Hamizan Trading A/C

Date Particulars Folio RM Date Particulars Folio RM

April 4 Return Outwards ROJ 800 April 3 Purchases PJ 3,000
April 7 Bank CPJ 2,200
3,000 3,000

PL4

Accounts Payable – Ain Trading A/C

Date Particulars Folio RM Date Particulars Folio RM

April 30 Balance c/d 2,500 April 21 Purchases PJ 2,500
2,500 2,500
May 1 Balance b/d 2,500
Sales ledger

SL1

Accounts Receivable – Amy A/C

Date Particulars Folio RM Date Particulars Folio RM

April 8 Sales SJ 2,000 April 9 Return Inwards RIJ 500
April 16 Bank CRJ 1,500
2,000 2,000

SL2

Accounts Receivable – Rusyda A/C

Date Particulars Folio RM Date Particulars Folio RM

April 22 Sales SJ 100 April 30 Balance c/d 100
100 100
May 1 Balance b/d 100

SL3

Accounts Receivable – Haziq A/C

Date Particulars Folio RM Date Particulars Folio RM

April 14 Sales SJ 500 April 15 Return Inwards RIJ 100
April 20 Bank CRJ 400
500 500
General ledger

GL1

Purchases A/C

Date Particulars Folio RM Date Particulars Folio RM

April 30 Total Credit Purchase PJ 7,000 April 18 Drawings GJ 200
April 30 Total Cash Purchase CPJ 2,100 April 30 Balance c/d 8,900
9,100 9,100
May 1 Balance b/d 8,900

GL2

Sales A/C

Date Particulars Folio RM Date Particulars Folio RM

April 30 Balance c/d 5,000 April 30 Total Credit Sales SJ 2,600
April 30 Total Cash Sales CRJ 2,400
5,000 5,000
May 1 Balance b/d 5,000

GL3

Return Outwards A/C

Date Particulars Folio RM Date Particulars Folio RM

April 30 Balance c/d 1,000 April 30 Total Return Outwards ROJ 1,000
1,000 1,000
May 1 Balance b/d 1,000

GL4

Return Inwards A/C

Date Particulars Folio RM Date Particulars Folio RM

April 30 Total Return Inwards RIJ 600 April 30 Balance c/d 600
600 600
May 1 Balance b/d 600
 GL5

Capital A/C

Date Particulars Folio RM Date Particulars Folio RM

April 30 Balance c/d 83,000 April 1 Cash CRJ 80,000
April 2 Kitchen furniture GJ 3,000
83,000 83,000
May 1 Balance b/d 83,000

GL6

Bank A/C

Date Particulars Folio RM Date Particulars Folio RM

April 15 Cash GJ 10,000 April 30 Total Cash Payment CPJ 14,600
April 30 Total Cash Receipts CRJ 1,900
April 30 Balance c/d 2,700
14,600 14,600
May 1 Balance b/d 2,700

GL7

Cash A/C

Date Particulars Folio RM Date Particulars Folio RM

April 30 Total Cash Receipts CRJ 82,500 April 5 Motor Vehicle GJ 6,000
April 15 Bank GJ 10,000
April 18 Drawings GJ 400
April 30 Total Cash Payment CPJ 5,800
April 30 Balance c/d 60,300
82,500 82,500
May 1 Balance b/d 60,300

GL8

Utility Expenses A/C

Date Particulars Folio RM Date Particulars Folio RM

April 24 Bank CPJ 400 April 30 Balance c/d 400
400 400
May 1 Balance b/d 400
 GL9

Kitchen Furniture A/C

Date Particulars Folio RM Date Particulars Folio RM

April 11 AP – Fakhrul Sdn Bhd GJ 8,000 April 30 Balance c/d 11,000
April 2 Capital GJ 3,000
11,000 11,000
May 1 Balance b/d 11,000

GL10

Drawings A/C

Date Particulars Folio RM Date Particulars Folio RM

April 18 Purchases GJ 200 April 30 Balance c/d 600
April 18 Cash GJ 400
600 600
May 1 Balance b/d 600

GL11

Motor Vehicle A/C

Date Particulars Folio RM Date Particulars Folio RM

April 5 Cash GJ 6,000 April 30 Balance c/d 6,000
6,000 6,000
May 1 Balance b/d 6,000

GL12

Rental A/C

Date Particulars Folio RM Date Particulars Folio RM

April 28 Cash CPJ 700 April 30 Balance c/d 700
700 700
May 1 Balance b/d 700
 GL13

Salaries A/C

Date Particulars Folio RM Date Particulars Folio RM

April 25 Cash CPJ 3,000 April 30 Balance c/d 3,000
3,000 3,000
May 1 Balance b/d 3,000

GL14

Bank Loan A/C

Date Particulars Folio RM Date Particulars Folio RM

April 12 Bank CPJ 10,000 April 30 Balance c/d 10,000
10,000 10,000
May 1 Balance b/d 10,000

GL15

Commission Received A/C

Date Particulars Folio RM Date Particulars Folio RM

April 30 Balance c/d 100 April 21 Cash CRJ 100
100 100
May 1 Balance b/d 100
TRIAL BALANCE

Trial Balance at 30 April 2021

Particulars Debit Credit

(RM) (RM)
Account Payable – Aira Enterprise 1,300
Accounts Payable – Fakhrul Sdn Bhd 6,000
Accounts Payable – Ain Trading 2,500
Accounts Receivable – Rusyda 100
Purchases 8,900
Sales 5,000
Return Outwards 1,000
Return Inwards 600
Capital 83,000
Bank 2,700
Cash 60,300
Utility 400
Kitchen Furniture 11,000
Drawings 600
Motor Vehicle 6,000
Rental 700
Salaries 3,000
Bank Loan 10,000
Commission Received 100
101,600 101,600