©

ACC 106

Prepared For:

Miss Nurul Akmal

Prepared By:

Che Wan Muhammad Kia uddin Mohd Syahrulbadri Bin Mohammed Mohd Bazli Bin Abd Wahab Ahmad Nazarrudin Bin Salam

©

CONTENTS

©

1.0 Introduction

1.1 Profile Of The Business

Azhan Enterprise is an enterprise selling cell phone for many types and also topup for a lot of prepaid

such as Celcom, Maxis, Digi and more. The location of the business is at Ground Floor, Mydin Mall

Dungun, 23000 Dungun, Terengganu. The business is open daily from 9.00 a.m to 10.00 p.m except

on Friday that closed for a while from 12.30 p.m until 2.30 p.m.

The business is fully owned by En. Bazli Bin Abdul Wahab with a cash contribution of RM 35,000 since

April 2010. He managed his business alone and had 2 workers to help him during business.

1.2 Transaction For The Month of April 2010

DATE TRANSACTIONS 3 April Sold goods on credit to Abdul Holdings worth RM 3500. 4 April Purchased goods worth RM 5600 from Hikmah Holdings. 5 April Abdul Holdings returned damaged goods amounted RM 900. 6 April Paid Hikmah Holdings RM1800 by cheque. 9 April Sold goods on credits to AirVoice Holdings worth RM 3000. 11 April Returned defective goods to Hikmah Holdings worth RM2500. 14 April Sold goods on credit to Happy Holdings worth RM2500. 14 April Cash sales to Dato’ Chan RM 1500. 18 April Bought machinery worth RM 40000 on credit from Nokia Holdings. 21 April Paid Sony Inc. RM 2000 by cheque. 22 April Purchased goods worth RM 5500 from Sony Inc. on credit. 24 April Cash sales to Miss Akmal RM2000 24 April Cash sales to Zamira Ali RM 1800 25 April Purchased goods worth RM 6000 from Apple Inc. on credits 26 April Paid Apple Inc. RM 1500 27 April Bought fittings worth RM 53000 on credit from Comfort Holdings 29 April AirVoice Holdings returned damaged goods amounted RM950 29 April Happy Holdings returned damaged goods amounted RM 800 29 April Bought motor vehicles worth RM 50000 on credit from Kia Automobil Sdn Bhd 30 April Returned defective goods to Sony Inc. worth 3000 30 April Returned defective goods to Apple Inc. worth RM3800

©

AZHAN ENTERPRISE

(JOURNAL )

SALES JOURNAL

DATE PARTICULAR FOLIO INVOICE NO. AMOUNT(RM)

3 April Abdul Holdings SL 3,500

9 April AirVoice Holdings SL 3,000

14 April Happy Holdings SL 2,500

30 April Transfer to sales account

GL 9,000

PURCHASES JOURNAL

DATE PARTICULAR FOLIO INVOICE NO. AMOUNT(RM)

4 April Hikmah Holdings PL 5,600

22 April Sony Inc. PL 5,500

25 April Apple Inc. PL 6,000

30 April Transfer to purchases account

GL 17,100

RETURNED OUTWARDS JOURNAL

DATE PARTICULAR FOLIO INVOICE NO. AMOUNT(RM)

11 April Hikmah Holdings PL 2,500

30 April Sony Inc. PL 3,000

30 April Apple Inc. PL 3,800

30 April Transfer to return outwards account

GL 9,300

RETURNED INWARDS JOURNAL

DATE PARTICULAR FOLIO INVOICE NO. AMOUNT(RM)

5 April Abdul Holdings SL 900

29 April AirVoice Holdings SL 950

29 April Happy Holdings SL 800

30 April Transfer to return inwards account

GL 2,650

©

GENERAL JOURNAL

DATE PARTICULAR FOLIO DEBIT(RM) CREDIT(RM)

18 April Machinery 40,000

Nokia Holdings 40,000

27 April Fittings 35,000

Comfort Holdings 35,000

29 April Motor Vehicles 50,000

Kia Automobil Sdn Bhd

50,000

30 April Sales 14,300

Return outwards 9,300

Income statement

23,600

30 April Income statement 10,450

Purchases 7,800

Return inwards 2,650

159,050 159,050

©

AZHAN ENTERPRISE

(LEDGER)

SALE LEDGER

ABDUL HOLDINGS

DATE PARTICULARS FOLIO AMOUNT(RM) DATE PARTICULARS FOLIO AMOUNT(RM)

4 April

Sales SJ 3,500 5 April Return inwards RIJ 900

30 April Bal c/f 2,600

3,500 3,500

1 May Bal b/f 2,600

AIRVOICE HOLDINGS

DATE PARTICULARS FOLIO AMOUNT(RM) DATE PARTICULARS FOLIO AMOUNT(RM)

9 April

Sales SJ 3,000 29 April Return inwards RIJ 950

30 April Bal c/f 2,050

3,000 3,000

1 May Bal b/f 2,050

HAPPY HOLDINGS

DATE

PARTICULAR FOLIO AMOUNT (RM)

DATE PARTICULAR FOLIO AMOUNT (RM)

14 April

Sales SJ 2,500 29 April Return inwards RIJ 800

30 April Bal c/f 1,700

2,500 2,500

1 May Bal b/f 1,700

©

PURCHASES LEDGER

HIKMAH HOLDINGS

DATE PARTICULARS FOLIO AMOUNT (RM)

DATE PARTICULARS FOLIO AMOUNT(RM)

11 April Return outwards ROJ 2,500 4 April Purchases 5,600

6 April Bank CPJ 1,800

30 April Bal c/f 1,300

5,600 5,600

1 May Bal b/f 1,300

SONY INC.

DATE PARTICULARS FOLIO AMOUNT (RM)

DATE PARTICULARS FOLIO AMOUNT (RM)

30 April

Return outwards ROJ 3,000 22 April Purchases 5,500

21 April

Bank CPJ 2,000

30 April

Bal c/f 500

5,500 5,500

1 May Bal b/f 500

APPLE INC.

DATE PARTICULARS FOLIO AMOUNT (RM)

DATE PARTICULARS

FOLIO AMOUNT (RM)

30 April

Return outwards ROJ 3,800 25 April Purchases 6,000

26 April

Bank CPJ 1,500

30 April

Bal c/f 700

6,000 6,000

1 May Bal b/f 700

©

GENERAL LEDGER

SALES

DATE PARTICULARS FOLIO AMOUNT (RM)

DATE PARTICULARS FOLIO AMOUNT (RM)

30 April

I/S 14,300 3 April Credit sales SJ 3,500

9 April Credit sales SJ 3,000

14 April Credit sales SJ 2,500

14 April Cash sales CRJ 1,500

24 April Cash sales CRJ 2,000

24 April Cash sales CRJ 1,800

14,300 14,300

RETURN INWARDS

DATE PARTICULARS FOLIO AMOUNT (RM)

DATE PARTICULARS FOLIO AMOUNT (RM)

5 April Total returns RIJ 900 30 April I/S 2,650

29 April

Total returns RIJ 950

29 April

Total returns RIJ 800

2,650 2,650

RETURN OUTWARDS

DATE PARTICULARS

FOLIO AMOUNT (RM)

DATE PARTICULARS

FOLIO AMOUNT (RM)

30 April

I/S 9,300 11 April Total returns ROJ 2,500

30 April Total returns ROJ 3,000

30 April Total returns ROJ 3,800

9,300 9,300

MACHINERY

DATE PARTICULARS FOLIO AMOUNT (RM)

DATE PARTICULARS FOLIO AMOUNT (RM)

18 April

Nokia Holdings GJ 40,000 30 April Bal c/f 40,000

40,000 40,000

1 May Bal b/f 40,000

©

FITTINGS

DATE PARTICULARS FOLIO AMOUNT (RM)

DATE PARTICULARS FOLIO AMOUNT (RM)

27 April

Comfort Holdings.

GJ 35,000 30 April Bal c/f 35,000

35,000 35,000

1 May Bal b/f 35,000

MOTOR VEHICLE

DATE PARTICULARS FOLIO AMOUNT (RM)

DATE PARTICULARS FOLIO AMOUNT (RM)

29 April

Kia Automobil Sdn Bhd

GJ 50,000 30 April Bal c/f 50,000

50,000 50,000

1 April Balb/f 50,000

BANK

DATE PARTICULARS FOLIO AMOUNT (RM)

DATE PARTICULARS FOLIO AMOUNT (RM)

1 April Capital 300,000 6 April Hikmah Holdings

1,800

14 April

Sales 1,500 21 April Sony Inc. 2,000

24 April

Sales 2,000 26 April Apple Inc. 1,500

24 April

Sales 1,800 30 April Bal c/f 300,000

305,300 305,300

1 May Balb/f 300,000

CAPITAL

DATE PARTICULARS FOLIO AMOUNT (RM)

DATE PARTICULARS FOLIO AMOUNT (RM)

30 April

Bal c/f 300,000 1 April Capital 300,000

300,000 300,000

1 May Bal b/f 300,000

©

PURCHASES

DATE PARTICULARS FOLIO AMOUNT (RM)

DATE PARTICULARS FOLIO AMOUNT (RM)

30 April

Credit purchases

17,100 30 April

I/S 17,100

Nokia Holdings

DATE PARTICULARS FOLIO AMOUNT (RM)

DATE PARTICULARS FOLIO AMOUNT (RM)

30 April

Bal c/f 40,000 18 April

Machinery 40,000

40,000 40,000

1 May Bal b/f 40,000

COMFORT HOLDINGS

DATE PARTICULARS FOLIO AMOUNT (RM)

DATE PARTICULARS FOLIO AMOUNT (RM)

30 April

Bal c/f 35,000 27 April

Fittings 35,000

35,000 35,000

1 May Bal b/f 35,000

KIA AUTOMOBIL SDN BHD

DATE PARTICULARS FOLIO AMOUNT (RM)

DATE PARTICULARS FOLIO AMOUNT (RM)

30 April

Bal c/f 50,000 29 April Motor vehicles 50,000

50,000 50,000

1 May Bal b/f 50,000

©

AZHAN ENTERPRISE

(TRIAL BALANCE AS AT 30 JUN 2012)

ACCOUNT NAME DEBIT(RM) CREDIT(RM)

Capital 300,000

Account payable 127,500

Sales 14,300

Return outwards 9,300

Account receivable 6,350

Return inwards 2,650

Machinery 40,000

Fittings 35,000

Motor vehicle 50,000

Purchases 17,100

Bank 300,000

Total 451,100 451,100