Assessment / Examination Marking Key

DIA 1113 Sem May 2022

TN QN DETAILS MARKS
Section A (answer all) 40

1 1 Part I
Assets Liability Equity
1. RM 34,500 14,500 RM20,000 1
2. 54,200 RM4,200 RM50,000 1
1
3. RM80,000 RM32,400 47,600
1
4. RM120,600 39,600 RM81,000 1
5. 52,300 RM12,300 RM40,000

2 Part II
Trial Balance as at 31 December 2021
Debit Credit
Purchases √56,106
Sales √80,370
Stock as at 1 Jan 2021 √10,650
Wages √250
Cash in Hand √444 √21 x 15
Discount allowed √410 21
Discount received √269
Balance at bank √7,325 =15 mk
Drawing √720
Carriage inwards √234
Carriage outward √586
Motor Van √15,000
Equipment √5,800
Electricity √267
Petrol and toll √1,235
Debtor √4,100
Creditors √2,788
Sales Return √120
Purchases Return √580
Insurance √2,110
Capital √21,350
105,357 105,357

TN - Topic Number QN - Question Number

ad/008/3-2 w.e.f May 2017 1 6
 Assessment / Examination Marking Key
TN QN DETAILS MARKS
2 2
Transaction description Debit Credit
1 Start a business with RM50,000 cash at bank. Bank Capital 2
2 Withdraw RM2,000 cash from bank. Cash Bank 2

3 Purchase equipment RM4,500 by cheque Equipment Bank 2

2
4 Purchase goods by cash RM1,200. Purchases Cash
5 Sales goods on credit to Henry RM2,600. Henry Sales 2

6 Pay salaries by cheque RM3,000. Salaries Bank 2

Received payment from Henry RM1,200 by
7 Henry Bank 2
cheque.
2
8 Purchase goods on credit from Ahmad RM4,000. Purchases Ahmad
9 Withdraw RM300 cash for personal use. Drawing Cash 2
2
10 Sales goods by cash RM500. Cash Sales (20)

Section B : Any 3 out of 5

1 1 Siva
Statement of Financial Position as at 31 January 2022
Assets RM Liabilities & Equities RM
Equipment (6200+110) √√ 6,310 Creditors(2800+110-1150) 1,760 √=1mk
√√√
Motor(7300) √ 7,300 Capital √√ 33,295 =20mk
Inventory (8100+380√√ 8,480
Debtors(4050-640-90) √√√ 3,320
Cash at bank (9100-380+640) √√√ 9,360
Cash in hand (195+90) √√ 285
√35,055 √35,055
Marks will be awarded on workings.

TN - Topic Number QN - Question Number 2 6

ad/008/3-2 w.e.f May 2017

 Assessment / Examination Marking Key
TN QN DETAILS MARKS
5 2
Cashbook
Date Details Disc Cash Bank Date Details Disc Cash Bank
Apr RM RM RM June RM RM RM
1 Bal b/d√ √3,100 √20,400 3 Rental √5,000
deposit√
√44 x 20
8 Capital√ √10,000 4 Furniture√ √580
44
15 Mona√ √50 √2,100 6 Purchases√ √400
17 Jeric√ √80 √720 9 Rajen√ √400 √3,600 =20mk
28 Sales√ √9,000 10 Purchase√ √500
30 Bank ©√ √3,000 20 Electricity√ √430
24 Drawings√ √200
27 Lim√ √350 √3,150
30 Cash ©√ √3,000
Bal c/d√ √6,490 √29,970
√130 √8,200 √40,120 √750 √8,200 √40,120
May 1 Bal b/d 6,490 29,970

TN - Topic Number QN - Question Number 3 6

ad/008/3-2 w.e.f May 2017

 Assessment / Examination Marking Key
TN QN DETAILS MARKS
3-4 3
Green Lantern Enterprise
Income Statement for the year ended 31 Dec 2021 √
Sales √276,400
√33 X 20
Less Cost of goods sold 33
Opening inventory √52,800
Add Purchases √141,300 =20mk
194,100
Less Returns outwards √2,408
191,692
Add Carriage inwards √1,350
193,042
Less Closing inventory √48,100 √144,942
Gross profit √131,458
Less Expenses
Wages & salaries √63,400
Business Rates √3,800
Electricity √714
Commission √1,930
Insurance √1,830
Carriage outward √5,840
Sundry expenses √208 √77,722
Net profit √53,736

Statement of Financial Positon as at 31 Dec 2020√

Non-current Assets
Building √125,000
Furniture √1,106
126,106
Current Assets
Inventory √48,100
Accounts receivable √45,900
Cash in hand √1,276
Bank √30,420,
√125,696
Less Current Liabilities
Accounts payable √24,870 √100,826
√226,932
Financed by:
Capital √210,516
Add Net profit √53,736
264,252
Less Drawings √37,320
√226,932

TN - Topic Number QN - Question Number 4 6

ad/008/3-2 w.e.f May 2017

 Assessment / Examination Marking Key
TN QN DETAILS MARKS
PART 1
7 4

Updated Cashbook
2022 Dr RM 2022 Cr RM
Apr Balance b/d √335 Apr Bank charges √45
Credit transfer: TAC √55 Balance c/d √345 √=1mk
390 √390

Denny
Bank Reconciliation Statement as on 30 April 2022 10
RM
Balance as per updated cashbook √345
Add Unpresented cheques √74
√419
Less: Lodgements not yet credited √265
Balance as per bank statement √154

8 4 PART II

1. Capital Expenditure 1
2. Capital expenditure. 1
3. Revenue expenditure. 1
4. Revenue expenditure. 1
5. Capital expenditure. 1
6. Capital expenditure. 1
7. Revenue expenditure. 1
8. Revenue expenditure. 1
9. Capital expenditure 1
10. Capital expenditure 1

TN - Topic Number QN - Question Number 5 6

ad/008/3-2 w.e.f May 2017

 Assessment / Examination Marking Key
TN QN DETAILS MARKS
6 5 Petty Cash
Receipt Date Detail Total Stationary Cleaning Travelli Ledgers
ng
RM Mar √30x 20
√500 1 Bank 30
3 A4 paper 56.00 √56.00
4 Salmah - toll 20.00 20.00 =20 mk
5 Cleaning 24.60 √24.60
9 Stationary 15.30 √15.30
11 Melina – travel claim 31.80 √31.80
14 Makcik Bedah – Cleaning 30.00 √30.00
18 Marissa ( creditors) 33.50 √33.50
21 Petrol 54.50 √54.50
24 Stationaries 9.40 √9.40
27 Alan (refund) 40.30 √40.30
28 Husin – travel claim 52.40 √52.40
30 Makcik Bedah – Cleaning 30.00 √30.00
31 Bal c/d 102.20
√397.80 √80.70 √84.60 √158.70 √73.80
√102.50 Apr 1 Bal b/d
√597.50 1 Bank

TN - Topic Number QN - Question Number

6 6
ad/008/3-2 w.e.f May 2017