Tuto 4

NAME : JASLEEN QISTIENA BINTI ZAINUDDIN
MATRIKS NUMBER : UDE210044
COURSE : FINANCIAL AND REPORTING I ( UDE1003 )
TUTORIAL 4
Question 1
Amir Sdn Bhd is a business that sell plastic toys. During May 2020, the following transactions
occurred.
AMIR SDN BHD
DATE ACCOUNT TRANSACTIONS FOLIO DEBIT KREDIT
1 BANK RM305,400
CASH RM15,000
INVENTORY RM8,000
2 RENT RM800
CASH RM800
3 PURCHASED GOODS RM500

ACCOUNTS PAYABLE RM500
5 ADVERTISEMENT RM50
CASH RM50
9 CASH RM3,000
SELL TOYS RM3,000
12 MAINTENANCE RM700
CASH RM700
13 ACCOUNTS RECEIVABLE RM45,000

SALES REVENUE RM45,000
15 ACCOUNTS RECEIVABLE RM 4,500

SALES REVENUE RM4,500
17 REPAIR MACHINES RM1,800

CASH RM1,800
20 ACCOUNTS PAYABLE RM500

CASH RM500
( ON 3 MAY )
23 BANK RM3,000
ACCOUNTS RECEIVABLE RM3,000
( TRANSACTION ON 15 MAY )
26 VEHICLES RM75,000
MAYBANK LOAN RM75,000
29 ACCOUNTS RECEIVABLE RM3,000

CASH RM1,500
BANK RM1,500
30 SALES RETURN RM450

ACCOUNTS RECEIVABLE RM450
30 SALARIES RM10,500
CASH RM10,500
Question 2
Panasonik Trading is business selling computers and parts. The following transactions took place in
month of April 2019.
PANASONIK TRADING
2 CASH 40,000
VAN 25,000
COMPUTER 6,000
OWNER’S EQUITY 71,000
3 BANK 50,000
BANK LOAN 50,000
4 PURCHASED 32,300
ACCOUNTS PAYABLE – ASUS BHD 18,000
-ACER BHD 14,300
5 BANK 4,000
CASH 4,000
7 CASH 10,000
SALES REVENUE 10,000
8 ACCOUNTS PAYABLE – ASUS BHD 18,000
- ACER BHD 14,300
BANK 32,300
9 ACCOUNTS RECEIVABLE – KOMPUTER 10,000
KITA TRADING 10,000
SALES REVENUE
10 PURCHASED 7,000
CASH 7,000
13 CASH 2,000
PURCHASED RETURN 2,000
15 SALES RETURN 1,500
ACCOUNT RECEIVABLE 1,500
20 RENT 800
CASH 800
25 UTILITY 1,500
CASH 1,500
29 SALARIES 2,500
CASH 2,500
30 WITHDRAW 350
PURCHASED 350
PREPARE THE LEDGER FOR EACH ACCOUNT INVOLVED IN ABOVE TRANSACTION

CASH
DATE RM DATE RM
2019 2019
APRIL 2 OWNER’S EQUITY 40,000 APRIL 5 BANK 4,000
7 SALES REVENUE 10,000 10 PURCHASED 7,000
13 PURCHASED RETURN 2,000 20 RENT 800
25 UTILITY 1,500
29 SALARIES 2,500
VAN
DATE RM
2019
APRIL 2 OWNER’S EQUITY 25,000
COMPUTER
DATE RM
2019
APRIL 2 OWNER’S EQUITY 6,000
BANK
DATE RM DATE RM
2019 2019
APRIL 3 BANK LOAN 50,000 APRIL 8 ACCOUNTS PAYBLE 32,300
5 CASH 4,000
BANK LOAN
DATE RM
2019
APRIL 3 BANK 50,000
PURCHASED
DATE RM RM
2019
APRIL 4 ACCOUNTS PAYBLE 32,300 APRIL 13 PURCHASED RETURN 2,000
10 CASH 7,000
ACCOUNTS PAYBLE
DATE RM DATE RM
2019 2019
APRIL 8 BANK 32,300 APRIL 4 PURCHASED 32,300
ACCOUNTS RECEIVABLE
DATE RM
2019
APRIL 9 SALES REVENUE 10,000
SALES REVENUE
DATE DATE RM
2019 2019
APRIL 15 SALES RETURN 1500 APRIL 7 CASH 10,000
APRIL 9 ACCOUNT RECEIVABLE 10,000
PURCHASED RETURN
DATE RM DATE
2019 2019
APRIL 13 CASH 2000
SALES RETURN
DATE RM
2019
APRIL 15 SALES 1,500
RENT
DATE RM
2019
APRIL 20 CASH 800
UTILITY
DATE RM
2019
APRIL 25 CASH 1,500
SALARIES
DATE RM
2019
APRIL 29 CASH 2,500
WITHDRAW
DATE RM
2019
APRIL 30 INVENTORY 350
INVENTORY
DATE RM
2019
APRIL 30 WITHDRAW 350

OWNER’S EQUITY
DATE RM
2019
APRIL 2 CASH 40,000
COMPUTER 6,000
VAN 25,000
PREPARE THE TRIAL BALANCE AS AT 30 APRIL 2019

PANASONIK TRADING
TRIAL BALANCE
APRIL 30 2019
RM RM
CASH 36,200
BANK 21,700
VAN 25,000
COMPUTER 6,000
BANK LOAN 50,000
PURCHASED 36,950
ACCOUNTS RECEIVABLE 8,500
SALES REVENUE 20,000
PURCHASED RETURN 2,000
SALES RETURN 1,500

RENT 800
UTILITY 1,500
SALARIES 2,500
WITHDRAW 350
OWNER’S EQUITY 71,000
141,350 143,000
Question 3
Lina started a consulting firm, Lina Consulting, on May 1, 2020. The following transactions occurred
during the month of May.
LINA CONSULTING
1 CASH 8,000
CAPITAL 8,000
2 RENT 800
CASH 800
3 OFFICE SUPPLIES 500
ACCOUNTS PAYBLE 500
5 ADVERTISEMENT EXPENSE 50
CASH 50
9 CASH 3,000
SERVICE REVENUE 3,000
12 REPAIR EXPENSE 700
CASH 700
15 ACCOUNT RECEIVABLE 5,300
17 SALARIES 1,000
CASH 1,000
20 ACCOUNTS PAYBLE 500
CASH 500
23 ACCOUNTS RECEIVABLE 3,000
CASH 3,000
26 BANK 5,000
BANK LOAN 5,000
29 OFFICE EQUIPMENT 2,800
ACCOUNTS PAYABLE 2,800
30 UTILITY 150
CASH 150
PREPARE THE LEDGER FOR EACH ACCOUNT INVOLVED IN ABOVE TRANSACTION.

CASH
DATE RM DATE RM
2020 2020
MAY 1 CAPITAL 8,000 MAY 2 RENT 800
9 ACCOUNT RECEIVABLE 3,000 5 ADVERTISEMENT 50
EXPENSE
12 REPAIR EXPENSE 700
17 SALARIES 1,000
20 ACCOUNTS PAYBLE 500
23 ACCOUNTS RECEIVABLE 3,000
30 UTILITY 150
CAPITAL
DATE RM
2020
MAY 1 CASH 8,000
RENT
DATE RM
2020
MAY 2 CASH 800
OFFICE SUPPLIES
DATE RM
2020
MAY 3 ACCOUNT PAYBLE 500
ACCOUNTS PAYBLE
DATE RM DATE RM
2020 2020
MAY 20 CASH 500 MAY 3 OFFICE SUPPLIES 500
15 SERVICE EXPENSE 5,300
29 OFFICE EQUIPMENT 2,800
ACCOUNTS RECEIVABLE
DATE RM DATE RM
2020 2020
MAY 23 CASH 3,000 MAY 9 CASH 3,000
ADVERTISMENT EXPENSE
DATE RM
2020
MAY 5 CASH 50
SERVICE EXPENCE
DATE RM
2020
MAY 15 ACCOUNT PAYBLE 5,300
SALARIES
DATE RM
2020
MAY 17 CASH 1,000
BANK
DATE RM
2020
MAY 26 BANK LOAN 5,000
BANK LOAN
DATE RM
2020
MAY 26 BANK 5,000
OFFICE EQUIPMENT
DATE RM
2020
MAY 29 ACCOUNT PAYBLE 2,800

UTILITY
DATE RM
2020
MAY 30 CASH 150
REPAIR EXPENCE
DATE RM
2020
MAY 12 CASH 5,300

PREPARE THE TRIAL BALANCE AS AT 30 MAY 2020
LINA CONSULTING
TRIAL BALANCE
MAY 30 2020
RM RM
CASH 4,800
CAPITAL 8,000
RENT 800
OFFICE SUPPLIES 500
ACCOUNT PAYBLE 8,100
ADVERTISMENT EXPENSE 50
SERVICE EXPENSE 5,300
SALARIES 1,000
BANK 5,000
BANK LOAN 5,000
OFFICE EQUIPMENT 2,800
UTILITY 150
REPAIR EXPENCE 5,300
TOTAL 25,700 24,100

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NAME : JASLEEN QISTIENA BINTI ZAINUDDIN

MATRIKS NUMBER : UDE210044

COURSE : FINANCIAL AND REPORTING I ( UDE1003 )

AMIR SDN BHD

DATE ACCOUNT TRANSACTIONS FOLIO DEBIT KREDIT

3 PURCHASED GOODS RM500

13 ACCOUNTS RECEIVABLE RM45,000

15 ACCOUNTS RECEIVABLE RM 4,500

17 REPAIR MACHINES RM1,800

20 ACCOUNTS PAYABLE RM500

29 ACCOUNTS RECEIVABLE RM3,000

30 SALES RETURN RM450

PREPARE THE LEDGER FOR EACH ACCOUNT INVOLVED IN ABOVE TRANSACTION

APRIL 2 OWNER’S EQUITY 25,000

APRIL 2 OWNER’S EQUITY 6,000

APRIL 3 BANK LOAN 50,000 APRIL 8 ACCOUNTS PAYBLE 32,300

APRIL 3 BANK 50,000

APRIL 4 ACCOUNTS PAYBLE 32,300 APRIL 13 PURCHASED RETURN 2,000

APRIL 8 BANK 32,300 APRIL 4 PURCHASED 32,300

APRIL 9 SALES REVENUE 10,000

APRIL 15 SALES RETURN 1500 APRIL 7 CASH 10,000

APRIL 9 ACCOUNT RECEIVABLE 10,000

APRIL 13 CASH 2000

APRIL 15 SALES 1,500

APRIL 20 CASH 800

APRIL 25 CASH 1,500

APRIL 29 CASH 2,500

APRIL 30 INVENTORY 350

APRIL 30 WITHDRAW 350

PREPARE THE TRIAL BALANCE AS AT 30 APRIL 2019

BANK LOAN 50,000

ACCOUNTS RECEIVABLE 8,500

SALES REVENUE 20,000

PURCHASED RETURN 2,000

SALES RETURN 1,500

OWNER’S EQUITY 71,000

PREPARE THE LEDGER FOR EACH ACCOUNT INVOLVED IN ABOVE TRANSACTION.

MAY 1 CAPITAL 8,000 MAY 2 RENT 800

9 ACCOUNT RECEIVABLE 3,000 5 ADVERTISEMENT 50

12 REPAIR EXPENSE 700

20 ACCOUNTS PAYBLE 500

23 ACCOUNTS RECEIVABLE 3,000

MAY 1 CASH 8,000

MAY 2 CASH 800

MAY 3 ACCOUNT PAYBLE 500

MAY 20 CASH 500 MAY 3 OFFICE SUPPLIES 500

15 SERVICE EXPENSE 5,300

29 OFFICE EQUIPMENT 2,800

MAY 23 CASH 3,000 MAY 9 CASH 3,000

MAY 15 ACCOUNT PAYBLE 5,300

MAY 17 CASH 1,000

MAY 26 BANK LOAN 5,000

MAY 26 BANK 5,000

MAY 29 ACCOUNT PAYBLE 2,800

MAY 30 CASH 150

MAY 12 CASH 5,300

TOTAL 25,700 24,100

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