ASSIGNMENT / TUGASAN

_________________________________________________________________________
BBAW2103
FINANCIAL ACCOUNTING
PERAKAUNAN KEWANGAN
JANUARY 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 March 2020. /

Tarikh Penghantaran : 15 hb Mac 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 learners’ 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)

Qualitative characteristics of accounting information are important as the basis of

financial statements preparation of a business. Discuss the importance of these
qualitative characteristics and explain how each of the characteristic is useful in
interpretation of the financial statements.
Qualitative characteristics of accounting information are important as the basis for
preparing a company's annual financial statements. we will discuss the importance of
these qualitative characteristics and explain how each of the characteristics is helpful
in analysing the financial statements.
(10 marks)
[Total: 10 marks]
ASSIGNMENT 2: (CLO 2)
Answer all the questions and show your detailed workings clearly and systematically.

Question 1:

Hashem started a business that offers legal services on 1 December 2019. The
following are transactions occurred during the month of December 2019:

1. Hashem brought in RM50,000 cash and office equipments worth RM12,000

into the business.
2. Bought a car for his own use worth RM112,000 by paying cash (company’s
money) of RM12,000 and signing a note payable for the balance.
3. Provided legal services to a client worth RM7,000 and received cash of
RM3,000 from the client.
4. Purchased office supplies worth RM2,000 cash.
5. Paid RM700 cash for advertising expenses for the months of December 2019.
6. Sent a bill totaling RM5,000 to a client for the legal service provided and yet to
receive payment.
7. Received RM3,000 cash as an agreement to start work as a legal advisor for a
company starting February 2020.
8. Paid RM3,600 cash for employees’ salary.
9. Paid RM2,400 cash for December office rental.
10. As at 31 December 2019, the office supplies used is RM400.

Based on the above information, you are required to:

a) Show the effects of all the above transactions in the accounting equation.
(11.5)
b) Prepare the journal entries to record all transactions.
(11.5)
[Total : 23 marks]
 Question 2:

Kembara Enterprise has operated since 1 January 2016. The following are the
accounts’ balance of Kembara Enterprise as at 31 December 2019:

Account Balance (RM)

Cash 18,500
Accounts receivable 15,200
Prepaid insurance 2,400
Inventory (31/12/2019) 22,800
Office supplies 4,500
Prepaid advertising 3,400
Furniture & fittings 22,600
Accumulated Depreciation – furniture & 10,400
fittings
Unearned Sales revenue 3,700
Accounts payable 17,500
Long term loan 12,000
Capital - Kembara 24,000
Sales revenue 42,000
Salaries expenses 5,800
Rental expenses 13,200
Utilities expenses 1,200

Additional information:

1. Furniture and fittings are depreciated at a rate of 10 percent annually using

straight line method.
2. The balance of office supplies on hand at the end of the year is RM2,500.
3. Rentals for the current year amounting to RM2,200 are not yet paid.
4. Employees’ salary for December 2019 of RM3,300 is not yet paid.
5. Utility bill for December 2019 of RM350 has been received but is not yet paid.
6. The prepaid advertising include RM300 for January 2020 advertisement.
7. Expired insurance for the year 2019 is RM1,200.
8. The accrued interest on the long term loan until 31 December 2019 is RM900.
Based on the above information, you are required to:

a) Prepare an adjusted Trial Balance as at 31 December 2019.

(12.5)

b) Prepare an Income Statement for the year ended 31 December 2019.

(6)

c) Prepare a Balance Sheet as at 31 December 2019.

(8.5)
[Total : 27 marks]
 SOALAN TUGASAN

TUJUAN

Tujuan tugasan ini adalah untuk mempertingkatkan pemahaman pelajar tentang ciri-ciri
kualitatif maklumat perakaunan dan mempertingkatkan kemahiran pelajar 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: (CLO 1)

Ciri-ciri kualitatif maklumat perakaunan adalah penting sebagai asas penyediaan penyata-
penyata kewangan bagi sesebuah perniagaan. Bincangkan kepentingan ciri-ciri kualitatif
tersebut dan terangkan bagaimana setiap ciri tersebut berguna dalam penafsiran penyata-
penyata kewangan.
(10)
[Jumlah: 10 markah]
TUGASAN 2: (CLO 2)

Jawab semua soalan dan tunjukkan jalan kerja terperinci anda dengan jelas dan sistematik.

Soalan 1:

Hashem memulakan sebuah perniagaan yang menawarkan perkhidmatan guaman pada 1

Disember 2019. Berikut adalah urus niaga – urus niaga yang terlibat sepanjang bulan
Disember 2019:
1. Hashem membawa masuk RM50,000 tunai dan peralatan pejabat berjumlah
RM12,000 dalam perniagaan.
2. Membeli sebuah kereta untuk kegunaan sendiri yang bernilai RM112,000 dengan
membayar tunai (wang syarikat) sebanyak RM12,000 dan menandatangani nota belum
bayar untuk baki selebihnya.
3. Memberikan perkhidmatan guaman kepada seorang pelanggan bernilai RM7,000 dan
menerima tunai berjumlah RM3,000 daripadanya.
4. Membeli bekalan pejabat bernilai RM2,000 secara tunai.
5. Membayar RM700 tunai untuk belanja pengiklanan bagi bulan Disember 2019.
6. Menghantar bil berjumlah RM5,000 kepada seorang pelanggan bagi perkhidmatan
guaman yang telah diberikan tetapi belum menerima bayaran.
7. Menerima RM3,000 tunai sebagai tanda persetujuan untuk memulakan kerja sebagai
penasihat undang-undang bagi sebuah syarikat bermula Februari 2020.
8. Membayar RM3,600 tunai untuk gaji pekerja.
9. Membayar RM2,400 tunai untuk sewa pejabat bulan Disember.
10. Pada 31 Disember 2019, bekalan pejabat yang telah digunakan adalah bernilai RM400.

Berdasarkan maklumat di atas, anda dikehendaki untuk:

a) Tunjukkan kesan semua urus niaga di atas di dalam persamaan perakaunan.
(11.5)
b) Sediakan catan-catatan jurnal untuk merekodkan semua urus niaga.
(11.5)
[Jumlah : 23 markah]
Soalan 2:
Kembara Enterprise telah beroperasi semenjak 1 Januari 2016. Berikut adalah baki akaun
Kembara Enterprise pada 31 Disember 2019:

Akaun Baki (RM)

 Tunai 18,500
Akaun belum terima 15,200
Insurans prabayar 2,400
Inventori (31/12/2019) 22,800
Bekalan pejabat 4,500
Pengiklanan prabayar 3,400
Peralatan & kelengkapan 22,600
Susut nilai terkumpul - peralatan & kelengkapan 10,400
Hasil jualan belum terperoleh 3,700
Akaun belum bayar 17,500
Pinjaman jangka panjang 12,000
Modal - Kembara 24,000
Hasil jualan 42,000
Belanja gaji 5,800
Belanja sewa 13,200
Belanja utiliti 1,200

Maklumat tambahan:

1. Peralatan dan kelengkapan disusut nilaikan pada kadar 10 peratus setahun

menggunakan kaedah garis lurus.
2. Baki bekalan pejabat di tangan pada akhir tahun tersebut ialah RM2,500.
3. Sewa bagi tahun semasa berjumlah RM2,200 masih belum dibayar.
4. Gaji pekerja bagi bulan Disember 2019 berjumlah RM3,300 masih belum dibayar.
5. Bil utiliti bagi bulan Disember 2019 berjumlah RM350 telah diterima tetapi masih
belum dibayar.
6. Pengiklanan prabayar adalah termasuk RM300 bagi pengiklanan bagi bulan Januari
2020.
7. Insurans telah luput bagi tahun 2019 adalah RM1,200.
8. Faedah pinjaman jangka panjang yang terakru sehingga 31 Disember 2019 ialah
RM900.
Berdasarkan maklumat di atas, anda dikehendaki untuk:
a) Sediakan Imbangan Duga Terlaras pada 31 Disember 2019.
(12.5)

b) Sediakan Penyata Pendapatan bagi tahun berakhir 31 Disember 2019.

(6)

c) Sediakan Lembaran Imbangan pada 31 Disember 2019.

(8.5)
[Jumlah : 27 markah]