GROUP ASSIGNMENT ACC106

Group : JBM1171D

Prepared by :
MUHAMMAD HAMBALLI BIN ZAKARIA
NURRUL HAZIEQAH BINTI ROHMANAN
SITI NURFATIN IZZATI BINTI OTHMAN
ZALIKHA BINTI DZUL RAZIB
Prepared for : MISS NORHIDAYAH BINTI ABDULLAH
Submitted on : 3 September 2012

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2

Content

No. Particular Page
1 Background of The Company
2 Transaction
3 Journal
4 Ledger
5 Trial balance















3

Company Background

HAFIZZ STATIONARY AND BOOK STORE
Location of business :
No. A 36/01 , Jalan Si Manja Kini ,
Taman Inderapura , 84480 Bukit Bintang ,
Kuala Lumpur.
Operation Hour : 8.00am 10.00pm , Off day on Friday.
No. Tel. : 07-9811627
Activity of the business : Achieved the goals of profit in the business. Doing the job with more
effective and efficient and give the best service to the customers.
Capital : RM 50,000
Financial year end : 1 Dec 2012
4

Transaction
The following are the business transaction in December 2012 :
Dec 1 Started the business with cash RM20,000 , bank RM20,000 and premises RM10,000.
2 Bought office equipment by cash from Court Jati worth RM2,500.
4 The business purchased goods from Co. Luna Sdn. Bhd. on credit amounting
RM5,000. (invoice no. 980)
6 Sold goods worth RM7,700 by cash.
8 Bought a Photostat Machine which cost RM950 from Fatin Enterprise paid by cheque.
(cheque no. 232 441)
9 Sold goods to Hamballi amounting RM6,900 on credit. (invoice no. 007)
11 Paid general expenses RM500 by cash.
12 The business returns goods to Co. Luna Sdn. Bhd. worth RM1,300.
(credit note no. 448)
14 Hamballi returned goods worth RM500. (credit note no. 8981)
15 The business paid the amount due in full by cheque to Co. Luna Sdn. Bhd. and received
10% discount. (cheque no. 232 442)
16 Purchased goods for RM6,000 on credit from Manga Sdn. Bhd. (invoice no. 698)
18 Sold goods worth RM18,000 on credit to Azhar. (invoice no. 736)
The business purchased goods on credit RM5,000 from Stabillo Bhd. (invoice no. 123)
20 Goods worth RM400 returned by Hamballi. (credit note no. 8982)
21 The owner sold goods to Hazieqah worth RM10,000 by cheque.
22 Purchased goods for RM200 by cash from Orange Enterprise.
24 Sold goods to Zalikha amounting RM8,000 by cheque.
Hamballi paid the amount due in full by cheque and was allowed of RM225 discount.
25 Received rental payment worth RM900 by cash.
26 Purchased goods worth RM500 by cash from Creative Product.
27 Returned damaged goods worth RM888 to Stabillo Bhd. (credit note no 556)
5

Sold goods on credit RM9,090 to Izzati. (invoice no.333)
29 Azhar retuned faulty goods worth RM1,200. (credit note no.231)
Returned goods bought on credit RM700 to Manga Sdn. Bhd.(credit note no. 569)
30 Paid electricity bills RM330 by cheque to Tenaga Nasional Bhd. (cheque no. 232 443)
31 Received sales commission of RM1,000 by cash.
Paid salary to workers RM3,000 by cheque. (cheque no. 232 444)


6

JOURNAL


General Journal

Date Details Folio
Debit
(RM)
Credit
(RM)
2012


Dec 01 Cash

GL6 20,000
Bank

GL5 20,000


Premises

GL3 10,000
Capital

GL1 50,000
(Started the business with cash, bank
and premises)





02 Office Equipment

GL2 2,500
Cash

GL6 2,500
(Bought office equipment by cash


from Court Jati)





08 Photostat machine

GL4 950
Cash

GL6 950

(Bought photostat machine by cash from

Fatin Enterprise)






Purchases Journal

Date Particular
Invoice
no.
Folio
Amount
(RM)
Dec-03 Co. Luna Sdn. Bhd.

980 PL1 5,000
16 Manga Sdn. Bhd.

689
PL2 6,000
18 Stabillo Bhd.

123 PL3 5,000



Transferred to Purchases a/c GL8 16,000













7


Sales Journal

Date Particular
Invoice
no.
Folio
Amount
(RM)
Dec-09 Hamballi

007 SL1 6,900
18 Azhar

736 SL2 18,000
27 Izzati

333 SL3 9,090



Transferred to Sales a/c GL7 33,990



Return Outwards Journal

Date Particular
Credit
note no.
Folio
Amount
(RM)
Dec-12 Co. Luna Sdn. Bhd.

448 PL1 1,300
27 Stabilo Berhad

556 PL3 888
29 Manga Sdn. Bhd,

569 PL2 700



Transferred to Return Outward a/c GL9 2,888





Return Inwards Journal

Date Particular
Credit
note no.
Folio
Amount
(RM)
Dec-14 Hamballi

8981 SL1 500
20 Hamballi

8982 SL1 400
29 Azhar

2312 SL2 1,200



Transferred to Return Inwards a/c GL10 2,100



















8


Cash Payment Journal

Date
Cheque
no.
Details Folio
Discount
Receive
d
Bank
(RM)
Cash
(RM)
Dec-11 General Expenses GL14 500
15 232 442 Co. Luna Sdn.Bhd. PL1 370 3,330
22 Orange Enterprise GL8 200
26 Creative Product GL8 500
30 232 443 Electricity bills (TNB) GL12 330
31 232 444 Salary Expenses GL14 3,000



GL 370 6,660 1200


Cash Receipt Journal

Date
Receipt
no.
Details Folio
Discount
Receive
d
Cash
(RM)
Bank
(RM)
Dec-06 011 Sales

GL1

7,700
21 012
Hazieqa
h

GL7 10,000
24 013 Zalikha

GL7 8,000
014 Hamballi

SL1 225 5,775
25 015 Rental received GL17

900
31 016
Commission
received GL11

1,000





GL 225 23,775 9,600

9

LEDGER




Purchase Ledger








Co. Luna Sdn. Bhd. PL1
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-12
Return
Outwards ROJ1 1,300 Dec-03 Purchased PJ1 5,000
15 Bank CPJ1 3,330


Discount
Allowed

370





5,000

5,000





Manga Sdn. Bhd. PL2
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-21
Return
Outwards ROJ3 700 Dec-10 Purchased PJ2 6,000
31 Bal c/d

5,300





6,000

6,000




Jan-01 Bal b/d

5,300





Stabilo Bhd. PL3
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-27
Return
Outwards ROJ2 888 Dec-10 Purchased PJ3 5,000
31 Bal c/d

4,112





5,000

5,000




Jan-01 Bal b/d

4,112



10

Sales Ledger


Hamballi SJ1
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-12 Sales SJ1 6,900 Dec-18
Return
Inwards RIJ1 500

20
Return
Inwards RIJ1 400

24 Bank CRJ1 5,775



Discount
Alllowed

225

6,900

6,900





Azhar SJ2
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-18 Sales SJ2 18,000 Dec-27
Return
Inwards RIJ3 1,200

31 Bal c/d

16,800




18,000

18,000



Jan-01 Bal b/d

16,800






Izzati SJ3
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-27 Sales SJ3 9,090 Dec-31 Bal c/d

9,090



Jan-01 Bal b/d

9,090










11


General Ledger


Capital GL1
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-31 Bal c/d

50,000 Dec-01 Cash GJ1 20,000



Bank GJ1 20,000



Premises GJ1 10,000




50,000

50,000




Jan-01 Bal b/d

50,000





Office Equipment GL2
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-08 Cash CPJ1 2,500 Dec-31 Bal c/d

2,500



Jan-01 Bal b/d

2,500






Premises GL3
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-01 Capital GL5 10,000 Dec-31 Bal c/d

10,000



Jan-01 Bal b/d

10,000






Photostat Machine GL4
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-08 Bank CPJ1 950 Dec-31 Bal c/d

950



Jan-01 Bal b/d

950






12

Bank GL5
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-01 Capital GJ1 20,000 Dec-08
Photostat
Machine GJ1 950
31
Total
Receipt CRJ1 23,775 31
Total
Payment CPJ1 6,660



Bal c/d

36,165




43,775

43,775



Jan-01 Bal b/d

36,165






Cash GL6
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-01 Capital GL1 20,000 Dec-02
Office
Equipment GL1 2,500
31
Total
Receipt CRJ1 9,600 31
Total
Payment CPJ1 1,200



Bal c/d

25,900




29,600

29,600



Jan-01 Bal b/d

25,900






Sales GL7
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-31 Bal c/d

59,690 Dec-06 Cash CRJ1 7,700

21 Bank CRJ1 10,000

24 Bank CRJ1 8,000

31 Total sales SJ1 33,900

59,690

59,600




Jan-01 Bal b/d

59,600





13


Purchases GL8
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-22 Cash CPJ1 200 Dec-31 Bal c/d

16,700
26 Cash CPJ1 500

31
Total
purchases PJ1 16,000





16,700

16,700



Jan-01 Bal b/d

16,700





Returns Outwards GL9
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-31 Bal c/d

2,888 Dec-31
Total
Return ROJ1 2,888



Outwards





Jan-01 Bal b/d

2,888




Returns Inwards GL10
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-31
Total
Return RIJ1 2,100 Dec-31 Bal c/d

2,100

Inwards






Jan-01 Bal b/d

2,100





Commission Received GL11
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-31 Bal c/d

1,000 Dec-31 Cash CRJ1 1,000




Jan-01 Bal b/d

1,000







14


Electricity Bills GL12
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-30 Bank CPJ1 330 Dec-31 Bal c/d

300



Jan-01 Bal b/d

330





12

Salary Expenses GL13
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-30 Bank CPJ1 3,000 Dec-31 Bal c/d

3,000



Jan-01 Bal b/d

3,000





General Expenses GL14
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-12 Cash CPJ1 500 Dec-31 Bal c/d

500



Jan-01 Bal b/d

500





Discount Allowed GL15
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-24 Hamballi CPJ1 225 Dec-31 Bal c/d

225



Jan-01 Bal b/d

225





Discount Received GL16
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-31 Bal c/d

370 Dec-15
Co. Luna
Sdn. Bhd. CRJ1 370




Jan-01 Bal b/d

370




15

Rental Received GL17
Date Details Folio Amount (RM) Date Details Folio
Amount
(RM)
Dec-31 Bal c/d

900 Dec-25 Cash CRJ1 900




Jan-01 Bal b/d

900




16

TIAL BALANCE

Hafizz Stationary and Book Store Enterprise

Trial Balance as at 31 December 2012


Details Debit (RM) Credit (RM)

Capital

50,000

Cash

25,900

Bank

36,165

Premises

10,000

Sales

59,690

Purchases

16,700

Return Outwards

2,888

Return Inwards

2,100

Rental Received

900

Electricity Bills

330

Commision Received 1,000

Salary Expenses

3,000

General Expenses

500

Office Equipment

2,500

Photostat Machine

950

Discount Allowed

225

Discount Received

370

Manga Sdn. Bhd.

5,300

Stabilo Bhd.

4,112

Azhar

16,800

Izzati

9,090








TOTAL : 124,260 124,260


All right reserved to SAMIQA. Copyright is not allowed, acceptable just for as guide to
do an account assignment :) Visit my blog : http:youismysoul.blogspot.com