GROUP ASSIGNMENT ACC106
Group : JBM1171D
Prepared by :
MUHAMMAD HAMBALLI BIN ZAKARIA
NURRUL HAZIEQAH BINTI ROHMANAN
SITI NURFATIN IZZATI BINTI OTHMAN
ZALIKHA BINTI DZUL RAZIB
Prepared for : MISS NORHIDAYAH BINTI ABDULLAH
Submitted on : 3 September 2012
ATTENTION !
All right reserved to “SAMIQA”. Copyright is not allowed, acceptable just for as guide to
do an account assignment :’) Visit my blog : http:youismysoul.blogspot.com
Content
No. Particular Page
1 Background of The Company
2 Transaction
3 Journal
4 Ledger
5 Trial balance
Company Background
2
HAFIZZ STATIONARY AND BOOK STORE
Location of business :
No. A 36/01 , Jalan Si Manja Kini ,
Taman Inderapura , 84480 Bukit Bintang ,
Kuala Lumpur.
Operation Hour : 8.00am – 10.00pm , Off day on Friday.
No. Tel. : 07-9811627
Activity of the business : Achieved the goals of profit in the business. Doing the job with more
effective and efficient and give the best service to the customers.
Capital : RM 50,000
Financial year end : 1 Dec 2012
Transaction
3
The following are the business transaction in December 2012 :
Dec 1 Started the business with cash RM20,000 , bank RM20,000 and premises RM10,000.
2 Bought office equipment by cash from Court Jati worth RM2,500.
4 The business purchased goods from Co. Luna Sdn. Bhd. on credit amounting RM5,000. (invoice no. 980)
6 Sold goods worth RM7,700 by cash.
8 Bought a Photostat Machine which cost RM950 from Fatin Enterprise paid by cheque. (cheque no. 232 441)
9 Sold goods to Hamballi amounting RM6,900 on credit. (invoice no. 007)
11 Paid general expenses RM500 by cash.
12 The business returns goods to Co. Luna Sdn. Bhd. worth RM1,300. (credit note no. 448)
14 Hamballi returned goods worth RM500. (credit note no. 8981)
15 The business paid the amount due in full by cheque to Co. Luna Sdn. Bhd. and received 10% discount. (cheque no. 232 442)
16 Purchased goods for RM6,000 on credit from Manga Sdn. Bhd. (invoice no. 698)
18 Sold goods worth RM18,000 on credit to Azhar. (invoice no. 736)
The business purchased goods on credit RM5,000 from Stabillo Bhd. (invoice no. 123)
20 Goods worth RM400 returned by Hamballi. (credit note no. 8982)
21 The owner sold goods to Hazieqah worth RM10,000 by cheque.
22 Purchased goods for RM200 by cash from Orange Enterprise.
24 Sold goods to Zalikha amounting RM8,000 by cheque.
Hamballi paid the amount due in full by cheque and was allowed of RM225 discount.
25 Received rental payment worth RM900 by cash.
26 Purchased goods worth RM500 by cash from Creative Product.
27 Returned damaged goods worth RM888 to Stabillo Bhd. (credit note no 556)
Sold goods on credit RM9,090 to Izzati. (invoice no.333)
29 Azhar retuned faulty goods worth RM1,200. (credit note no.231)
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Returned goods bought on credit RM700 to Manga Sdn. Bhd.(credit note no. 569)
30 Paid electricity bills RM330 by cheque to Tenaga Nasional Bhd. (cheque no. 232 443)
31 Received sales commission of RM1,000 by cash.
Paid salary to workers RM3,000 by cheque. (cheque no. 232 444)
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JOURNALGeneral Journal
Date Details FolioDebit (RM)
Credit (RM)
2012Dec 01 Cash GL6 20,000
Bank GL5 20,000 Premises GL3 10,000 Capital GL1 50,000(Started the business with cash, bankand premises)
02 Office Equipment GL2 2,500 Cash GL6 2,500(Bought office equipment by cashfrom Court Jati)
08 Photostat machine GL4 950 Cash GL6 950(Bought photostat machine by cash from
Fatin Enterprise)
Purchases Journal
Date ParticularInvoice
no.Folio
Amount (RM)
Dec-03 Co. Luna Sdn. Bhd. 980 PL1 5,00016 Manga Sdn. Bhd. 689 PL2 6,00018 Stabillo Bhd. 123 PL3 5,000
Transferred to Purchases a/c GL8 16,000
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Sales Journal
Date ParticularInvoice
no.Folio
Amount (RM)
Dec-09 Hamballi 007 SL1 6,90018 Azhar 736 SL2 18,00027 Izzati 333 SL3 9,090
Transferred to Sales a/c GL7 33,990
Return Outwards Journal
Date ParticularCredit
note no.Folio
Amount (RM)
Dec-12 Co. Luna Sdn. Bhd. 448 PL1 1,30027 Stabilo Berhad 556 PL3 88829 Manga Sdn. Bhd, 569 PL2 700
Transferred to Return Outward a/c GL9 2,888
Return Inwards Journal
Date ParticularCredit
note no.Folio
Amount (RM)
Dec-14 Hamballi 8981 SL1 50020 Hamballi 8982 SL1 40029 Azhar 2312 SL2 1,200
Transferred to Return Inwards a/c GL10 2,100
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Cash Payment Journal
DateCheque
no.Details Folio
Discount Received
Bank (RM)
Cash (RM)
Dec-11 General Expenses GL14 50015 232 442 Co. Luna Sdn.Bhd. PL1 370 3,33022 Orange Enterprise GL8 20026 Creative Product GL8 50030 232 443 Electricity bills (TNB) GL12 33031 232 444 Salary Expenses GL14 3,000
GL 370 6,660 1200
Cash Receipt Journal
DateReceipt
no.Details Folio
Discount Received
Cash (RM)
Bank (RM)
Dec-06 011 Sales GL1 7,700
21 012Hazieqah GL7 10,000
24 013 Zalikha GL7 8,000014 Hamballi SL1 225 5,775
25 015 Rental received GL17 900
31 016Commission received GL11 1,000
GL 225 23,775 9,600
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LEDGER Purc
hase Ledger
Co. Luna Sdn. Bhd. PL1
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-12Return Outwards ROJ1 1,300 Dec-03 Purchased PJ1 5,000
15 Bank CPJ1 3,330Discount Allowed 370
5,000 5,000
Manga Sdn. Bhd. PL2
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-21Return Outwards ROJ3 700 Dec-10 Purchased PJ2 6,000
31 Bal c/d 5,300
6,000 6,000
Jan-01 Bal b/d 5,300
Stabilo Bhd. PL3
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-27Return Outwards ROJ2 888 Dec-10 Purchased PJ3 5,000
31 Bal c/d 4,112
5,000 5,000
Jan-01 Bal b/d 4,112
Sales Ledger
9
Hamballi SJ1
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-12 Sales SJ1 6,900 Dec-18Return Inwards RIJ1 500
20Return Inwards RIJ1 400
24 Bank CRJ1 5,775Discount Alllowed 225
6,900 6,900
Azhar SJ2
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-18 Sales SJ2 18,000 Dec-27Return Inwards RIJ3 1,200
31 Bal c/d 16,800
18,000 18,000
Jan-01 Bal b/d 16,800
Izzati SJ3
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-27 Sales SJ3 9,090 Dec-31 Bal c/d 9,090
Jan-01 Bal b/d 9,090
General Ledger
10
Capital GL1
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-31 Bal c/d 50,000 Dec-01 Cash GJ1 20,000Bank GJ1 20,000Premises GJ1 10,000
50,000 50,000
Jan-01 Bal b/d 50,000
Office Equipment GL2
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-08 Cash CPJ1 2,500 Dec-31 Bal c/d 2,500
Jan-01 Bal b/d 2,500
Premises GL3
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-01 Capital GL5 10,000 Dec-31 Bal c/d 10,000
Jan-01 Bal b/d 10,000
Photostat Machine GL4
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-08 Bank CPJ1 950 Dec-31 Bal c/d 950
Jan-01 Bal b/d 950
Bank GL5
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
11
Dec-01 Capital GJ1 20,000 Dec-08Photostat Machine GJ1 950
31Total Receipt CRJ1 23,775 31
Total Payment CPJ1 6,660
Bal c/d 36,165
43,775 43,775
Jan-01 Bal b/d 36,165
Cash GL6
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-01 Capital GL1 20,000 Dec-02Office Equipment GL1 2,500
31Total Receipt CRJ1 9,600 31
Total Payment CPJ1 1,200
Bal c/d 25,900
29,600 29,600
Jan-01 Bal b/d 25,900
Sales GL7
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-31 Bal c/d 59,690 Dec-06 Cash CRJ1 7,70021 Bank CRJ1 10,00024 Bank CRJ1 8,00031 Total sales SJ1 33,900
59,690 59,600
Jan-01 Bal b/d 59,600
Purchases GL8
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
12
Dec-22 Cash CPJ1 200 Dec-31 Bal c/d 16,70026 Cash CPJ1 500
31Total purchases PJ1 16,000
16,700 16,700
Jan-01 Bal b/d 16,700
Returns Outwards GL9
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-31 Bal c/d 2,888 Dec-31Total Return ROJ1 2,888
Outwards
Jan-01 Bal b/d 2,888
Returns Inwards GL10
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-31Total Return RIJ1 2,100 Dec-31 Bal c/d 2,100
Inwards
Jan-01 Bal b/d 2,100
Commission Received GL11
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-31 Bal c/d 1,000 Dec-31 Cash CRJ1 1,000
Jan-01 Bal b/d 1,000
Electricity Bills GL12
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-30 Bank CPJ1 330 Dec-31 Bal c/d 300
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Jan-01 Bal b/d 330
12 Salary Expenses GL13
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-30 Bank CPJ1 3,000 Dec-31 Bal c/d 3,000
Jan-01 Bal b/d 3,000
General Expenses GL14
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-12 Cash CPJ1 500 Dec-31 Bal c/d 500
Jan-01 Bal b/d 500
Discount Allowed GL15
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-24 Hamballi CPJ1 225 Dec-31 Bal c/d 225
Jan-01 Bal b/d 225
Discount Received GL16
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-31 Bal c/d 370 Dec-15Co. Luna Sdn. Bhd. CRJ1 370
Jan-01 Bal b/d 370
Rental Received GL17
Date Details Folio Amount (RM) Date Details FolioAmount
(RM)
Dec-31 Bal c/d 900 Dec-25 Cash CRJ1 900
Jan-01 Bal b/d 900
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TIAL BALANCE
Hafizz Stationary and Book Store Enterprise Trial Balance as at 31 December 2012
Details Debit (RM) Credit (RM)Capital 50,000Cash 25,900Bank 36,165Premises 10,000Sales 59,690Purchases 16,700Return Outwards 2,888Return Inwards 2,100Rental Received 900Electricity Bills 330Commision Received 1,000Salary Expenses 3,000General Expenses 500Office Equipment 2,500Photostat Machine 950Discount Allowed 225Discount Received 370Manga Sdn. Bhd. 5,300Stabilo Bhd. 4,112Azhar 16,800Izzati 9,090
TOTAL : 124,260 124,260
All right reserved to “SAMIQA”. Copyright is not allowed, acceptable just for as guide to do an account assignment :’) Visit my blog : http:youismysoul.blogspot.com
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