ASSIGNMENT/ TUGASAN

_________________________________________________________________________
BBAW2103
FINANCIAL ACCOUNTING
PERAKAUNAN KEWANGAN
SEPTEMBER SEMESTER 2020

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 : 15th November 2020./

Tarikh Penghantaran : 15hb November 2020.

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 qualitative
characteristic of accounting information and enhance skills to prepare the 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 (CLO 1):

Access the annual report for the year ended 2019 of one listed company on Bursa Malaysia.

a) Discuss how ‘feedback value’ and ‘forecast value’ may assist users to make better decision.
(8)

b) Show four examples of accounting information from the annual report to support your
discussion.
(12)
[Total: 20 marks]
ASSIGNMENT 2 (CLO 2):
Answer all the questions and show your detailed workings clearly and systematically.

Question 1:
Menara Wealth Management involved the following transactions during September 2020, the
first month of its operation:

Date Transactions
September 1 Started a financial planning services company by investing RM150,000 cash
and office equipment of RM50,000.
2 Purchased RM12,000 of office equipment by cash.
3 Purchased RM3,000 of office supplies on credit.
4 Completed service for a client and received a payment of RM9,000 cash.
8 Completed service for Syarikat Bizara on credit amounted to RM17,000.
10 Paid the supplier for the office supplies purchased on 3 September.
14 Paid RM9,600 being the annual premium for an insurance policy.
18 Received payment in full from Syarikat Bizara for the service completed on 8
September.
27 Owner withdrew RM6,500 cash from the company for personal expenses.
30 Paid RM1,750 cash for the utility bills in September.
31 Received RM20,000 cash from a client for a financial service to be rendered
next year.

Required:

a) Prepare journal entries to record all of the above transactions.

(5.75)
b) Post the journal entries to the relevant three column ledgers.
(6)
c) Prepare the trial balance as at 30 September 2020.
(2.75)

(Total: 14.5 marks)

 Question 2:

Coboroy Berhad prepared the following unadjusted trial balance on 30 June 2020 for its first
year of operation:
Accounts Debit (RM) Credit (RM)
Cash 271,350
Accounts receivable 202,500
Supplies 48,600
Motor vehicles 1,023,300
Account payable 47,250
Unearned revenue 54,000
Capital 702,000
Drawings 40,500
Revenue 1,221,750
Salary expense 283,500
Utilities expense 155,250
Total 2,025,000 2,025,000

Information for adjustment:

(i) Supplies in hand on 30 June were RM10,800.

(ii) Depreciation on motor vehicles was estimated to be RM36,900.
(iii) Unbilled revenue on 30 June was RM15,975.
(iv) The amount of unearned revenue in the above balance represents all the advanced
payments received from customers. Sixty percent of services have been provided by 30
June.
(v) Unpaid bills on utilities on 30 June amounted to RM5,400.

Required:
a)Prepare the adjusting entries for the above transactions at 30 June 2020.
(5)
b)Prepare the adjusted trial balance as at 30 June 2020.
(7.5)
(Total: 12.5 marks)
Question 3:

The accounts’ balances for Klinik Dr. Khuzairi as at 30 June 2020 are as follows:

Accounts Debit Credit

RM RM
Cash 11,400
Accounts receivable 3,500
Prepaid insurance 3,150
Clinic supplies 1,250
Clinic equipment 10,650
Accumulated depreciation – Clinic equipment 4,500
Clinic premise 144,750
Accumulated depreciation – Clinic premise 14,375
Land 138,500
Wages payable 2,625
Interest payable 2,750
Notes payable 127,000
Capital, Khuzairi 129,650
Consultation revenue 73,000
Wages expense 9,000
Utilities expense 2,750
Insurance expense 2,550
Maintenance expense 5,125
Interest expense 12,750
Clinic supplies expense 3,250
Depreciation expense – Clinic equipment 1,500
Depreciation expense – Clinic premise 3,775
Total 353,900 353,900

Required:
a) Prepare the income statement for the year ended 30 June 2020.
(5.5)
b) Prepare the statement of owner’s equity for the year ended 30 June 2020.
(1.5)
c) Prepare the balance sheet as at 30 June 2020.
(6)
(Total: 13 marks)

[Total: 40 marks]
 SOALAN TUGASAN

TUJUAN
Tujuan tugasan ini adalah untuk mempertingkatkan pemahaman pelajar tentang ciri-ciri kualitatif
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:
Capai laporan tahunan bagi tahun berakhir 2019 untuk satu syarikat tersenarai di Bursa Malaysia.

a) Bincangkan bagaimana ‘nilai maklum balas’ dan ‘nilai ramalan’ dapat membantu pengguna-
pengguna membuat keputusan yang lebih baik.
(8)
b) Tunjukkan empat contoh maklumat perakaunan dari laporan tahunan tersebut untuk
menyokong perbincangan anda.
 (12)
[Jumlah: 20 markah]
TUGASAN 2 (CLO 2):
Jawab semua soalan dan tunjukkan jalan kerja terperinci anda dengan jelas dan sistematik.

Soalan 1:
Menara Wealth Management terlibat dalam urus niaga – urus niaga berikut sepanjang bulan
September 2020, bulan pertama operasinya:

Tarikh Urus niaga – urus niaga

September Memulakan sebuah syarikat perkhidmatan perancangan kewangan dengan
1 melaburkan tunai RM150,000 dan peralatan pejabat RM50,000.
2 Membeli RM12,000 peralatan pejabat secara tunai.
3 Membeli RM3,000 bekalan pejabat secara kredit.
4 Menyelesaikan perkhidmatan untuk seorang klien dan menerima bayaran serta
merta RM9,000 tunai.
8 Menyelesaikan perkhidmatan untuk Syarikat Bizara secara kredit berjumlah
RM17,000.
10 Membayar pembekal untuk bekalan pejabat yang dibeli pada 3 September.
14 Membayar RM9,600 premium tahunan bagi satu polisi insurans.
18 Menerima bayaran penuh daripada Syarikat Bizara bagi perkhidmatan yang
diselesaikan pada 8 September.
27 Pemilik mengeluarkan RM6,500 tunai daripada syarikat untuk membayar belanja
peribadi.
30 Membayar tunai RM1,750 bagi bil utiliti September.
31 Menerima RM20,000 tunai daripada seorang klien untuk perkhidmatan kewangan
yang akan diberikan tahun depan.

Dikehendaki:

a) Sediakan catatan-catatan jurnal untuk merekodkan semua urus niaga di atas.

(5.75)

b) Pindah catat catatan-catatan jurnal tersebut ke lejar-lejar tiga kolum yang relevan.
(6)

c) Sediakan imbangan duga pada 30 September 2020.

(2.75)

(Jumlah: 14.5 markah)

Soalan 2:

Coboroy Berhad menyediakan baki imbangan duga tak terlaras pada 30 Jun 2020 bagi operasi
tahun pertamanya:
Akaun-akaun Debit (RM) Kredit (RM)
Tunai 271,350
Akaun belum terima 202,500
Bekalan 48,600
Kenderaan bermotor 1,023,300
Akaun belum bayar 47,250
Hasil belum diperoleh 54,000
Modal 702,000
Ambilan 40,500
Hasil 1,221,750
Belanja gaji 283,500
Belanja utiliti 155,250
Jumlah 2,025,000 2,025,000

Maklumat untuk pelarasan:

(i)Bekalan di tangan pada 30 Jun 2020 adalah RM10,800.
(ii)Susut nilai kenderaan bermotor dianggarkan sebanyak RM36,900.
(iii)Hasil belum dibilkan pada 30 Jun adalah RM15,975.
(iv)Amaun hasil belum diperoleh dalam baki di atas mewakili bayaran terdahulu yang terima dari
pelanggan. Enam puluh peratus perkhidmatan telah diberikan sehingga 30 Jun.
(v)Bil utiliti belum bayar pada 30 Jun berjumlah RM5,400.

Dikehendaki:
a) Sediakan catatan-catatan pelarasan bagi urus niaga - urus niaga di atas pada 30 Jun 2020.
(5)
b) Sediakan imbangan duga terlaras pada 30 Jun 2020.
(7.5)
(Jumlah: 12.5 markah)
 Soalan 3:
Semua baki-baki akaun bagi Klinik Dr. Khuzairi pada 30 Jun 2020 adalah seperti berikut:

Akaun-akaun Debit Kredit

RM RM
Tunai 11,400
Akaun belum terima 3,500
Insurans prabayar 3,150
Bekalan klinik 1,250
Peralatan klinik 10,650
Susut nilai terkumpul – Peralatan klinik 4,500
Premis klinik 144,750
Susut nilai terkumpul – Premis klinik 14,375
Tanah 138,500
Upah belum bayar 2,625
Faedah belum bayar 2,750
Nota belum bayar 127,000
Khuzairi, Modal 129,650
Hasil perkhidmatan 73,000
Belanja upah 9,000
Belanja utility 2,750
Belanja insurans 2,550
Belanja penyenggaraan 5,125
Belanja faedah 12,750
Belanja bekalan klinik 3,250
Belanja susut nilai – Peralatan klinik 1,500
Belanja susut nilai – Premis klinik 3,775
Jumlah 353,900 353,900

Dikehendaki:
a) Sediakan penyata pendapatan bagi tahun berakhir 30 Jun 2020.
(5.5)
b) Sediakan penyata ekuiti pemilik bagi tahun berakhir 30 Jun 2020.
(1.5)
c) Sediakan lembaran imbangan pada 30 Jun 2020.
(6)
(Jumlah: 13 markah)

[Jumlah: 40 markah]