INTRODUCTION TO FINANCIAL ACCOUNTING AND

REPORTING (ACC106)

GROUP / INDIVIDUAL PROJECT

BOOK’S OF SOLE PROPRIETORSHIP

NAME AMMAR ASYRAF BIN AZLAN

MUHAMMAD AIDIL ALIMAN BIN MUHD ALI
MUHAMMAD DANIAL HAQIMEE BIN RASID
STUDENT’S ID 2020626374
2020876822
2020894638
CODE PROGRAM BA 117 / EH110
GROUP J4BA1171E

1
 TABLE OF CONTENT

NO TOPICS PAGE

1 PROFILE OF THE BUSINESS

2 TRANSACTION FOR ONE MONTH

3 SPECIALISED JOURNAL

4 LEDGER

5 TRIAL BALANCE

PROFILE OF BUSINESS

2
NAME OF THE BUSINESS AHAM ENTERPRISE

PLACE OF BUSINESS Jalan Semerbak 20, Taman Bukit Dahlia,

81700 Pasir Gudang, Johor

BUSINESS ACTIVITY STATIONARY AND BOOK STORE

CAPITAL CONTRIBUTION RM400,000

FINANCIAL YEAR ENDED

2 JANUARY 2019

TRANSACTION FOR THE MONTH OF

2 FEBRUARY 2019

3
 TRANSACTION FOR ONE MONTH

DATE TRANSACTIONS BOOK OF

PRIME ENTRY
JAN 2 Started business with RM300,000 in the bank and General journal
premises RM10,000
3 Bought office equipment by cash from Abu worth Cash payment
RM2,000. journal
5 The business purchased goods from Dewan Pustaka Purchases
Enterprice on credit amounting RM10,000. journal
7 Sold goods worth RM9,000 by cash Sales journal
9 Bought a computer which cost RM 1,700 from Acer Cash payment
Enterprise paid by cheque. journal
11 Sold goods to Sharul amounting RM 5,000 on credit . Sales journal
12 Paid general expences RM 500 by cash Cash payment
journal
14 Sharul returned goods worth RM 2,000. Sales returns
journal
16 The business returned goods to Dahlia Enterprise worth Return inward
RM 2,000 journal
18 Purchased goods for RM 6,000 on credit from Oppo Purchases
Enterprise. journal
19 The business paid the amount due in fully by cheque to
Dahlia Enterprise and received 10% discount.
21 Purchased goods for RM 6,000 on credit from Manga Purchases
Sdn. Bhd. journal
23 Sold goods worth RM19,000 on credit to Zahil Sales journal
24 Receives rental payment worth RM 1,200 Cash received
journal
25 Purchased goods worth RM500 by cash from Creative Purchases
product journal
27 Returned damaged goods worth RM988 to Stabillo Bhd. Return outward
journal
28 Azhar returned faulty goods worth RM1,200
30 Paid electricity bills RM 400 by cheque to Tenaga Cash payment
Nasional Bhd. journal
FEB 2 Received sales commission to RM1,500 by cash

4
 SPECIALISED JOURNAL
GENERAL JOURNAL
DATE DETAILS DEBIT CREDIT
(RM) (RM)
2019
Jan 2 Bank RM 300,000
Premises RM 10,000
Capital RM310,000
(started the business with bank and premises)
3 Office equipment
Cash RM 2,000
(Bought office equipment by cash Abu)
9Computer
Cheque
(Bought computer by cheque from Acer RM1,700
Enterprise)
DATE PARTICULARS AMOUNT
(RM)

TRANSFERRED TO RETURN INWARDS ACCOUNT

SALES JOURNAL
DATE PARTICULARS AMOUNT
(RM)

TRANSFERRED TO SALES ACCOUNT

PURCHASE JOURNAL
DATE PARTICULARS AMOUNT
(RM)

TRANSFERRED TO PURCHASE ACCOUNT

RETURN INWARDS JOURNAL
RETURN OUTWARDS JOURNAL
DATE PARTICULARS AMOUNT
(RM)

5
TRANSFERRED TO RETURN INWARD ACCOUNT
CASH RECEIPT JOURNAL
DATE DETAILS DISCOUNT CASH BANK
ALLOWED (RM) (RM)
(RM)

CASH PAYMENT JOURNAL

DATE DETAILS DISCOUNT CASH BANK
RECEIVED (RM) (RM)
(RM)

6
 7
LEDGER

TITLE
DATE PARTICULAR RM DATE PARTICULARS RM
S
 8

TRIAL BALANCE

NAME OF BUSINES TRIAL

BALANCE AS AT ………………
PARTICULARS DEBIT CREDIT
(RM) (RM)