PENYERAHAN DAN PENILAIAN TUGASAN

ASSIGNMENT SUBMISSION AND ASSESSMENT

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BBAW2103
FINANCIAL ACCOUNTING
SEPTEMBER 2018 SEMESTER
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INSTRUCTIONS TO STUDENTS / ARAHAN KEPADA PELAJAR

1. This assignment contains only THREE (3) question that is set in both Malay and English. / Tugasan ini
mengandungi TIGA (3) soalan sahaja yang disediakan dalam bahasa Melayu dan bahasa Inggeris.

2. Answer in Malay or English. / Jawab dalam bahasa Melayu atau bahasa Inggeris.

3. Download the language version of the assignment template concerned from the myINSPIRE for
preparation and submission of your assignment. Your assignment should be typed using 12 point Times
New Roman font and 1.5 line spacing. / Muat turunkan templat tugasan versi bahasa yang berkenaan
daripada myINSPIRE untuk penyediaan dan penyerahan tugasan anda. Tugasan anda hendaklah ditaip
dengan menggunakan saiz fon 12 Times New Roman dan langkau baris 1.5.

4. Your assignment should be between 2500 to 3000 words excluding references. Do not copy the
assignment question and instructions to your answer. Only assignment answer developed within the
approximate word limit will be assessed. The number of words should be shown at the end of your
assignment. / Tugasan anda hendaklah mengandungi 2500 hingga 3000 patah perkataan tidak
termasuk rujukan. Bilangan perkataan hendaklah ditunjukkan di hujung tugasan anda. Jangan menyalin
soalan dan arahan tugasan dalam jawapan anda. Pemeriksa tidak akan membaca jawapan tugasan
yang melebihi had patah perkataan yang dibenarkan. Jumlah perkataan hendaklah dinyatakan di
penghujung tugasan anda.

5. You must submit your assignment ONLINE via the myINSPIRE. Refer to the portal for instructions on the
procedures to submit your assignment online. You are advised to keep a copy of your submitted
assignment for personal reference. / Anda dikehendaki menghantar tugasan SECARA ONLINE melalui
myINSPIRE. Sila rujuk kepada portal untuk arahan mengenai prosedur menghantar tugasan anda secara
online. Anda dinasihatkan menyimpan senaskah tugasan yang diserahkan untuk rujukan sendiri.

6. You can submit your assignment ONCE only in a SINGLE file. / Anda hanya boleh menghantar tugasan
SEKALI sahaja dalam SATU fail.

7. Your assignment must be submitted starting from 5th November 2018 until 18th November 2018.
Submission after 18th November will NOT be accepted. / Tugasan anda hendaklah diserahkan bermula
dari 5 November 2018 sehingga 18 November 2018. Serahan selepas tarikh 18 November 2018 TIDAK
akan diterima.
8. Your assignment should be prepared individually. You should not copy another person’s assignment. You
should also not plagiarise another person’s work as your own. / Tugasan hendaklah disiapkan secara
individu. Anda dilarang meniru tugasan orang lain. Anda juga dilarang sama sekali memplagiat kerja
orang lain sebagai kerja sendiri.

9. Please take note that PENALTY will be imposed on late submission of assignment as specified in the
Registrar’s Office circular 6/2012 (Refer to Registrar’s Announcement in myINSPIRE). / Sila ambil maklum
tentang PENALTI yang akan dikenakan ke atas penghantaran lewat tugasan seperti yang tertera di
pekeliling pejabat Pendaftar 6/2012 (Rujuk Registrar’s Announcement di myINSPIRE).

10. Please ensure that you keep the RECEIPT issued upon submisson of your assignment as proof of
submission. Your assignment is considered as NOT submitted if you fail to produce the submission
receipt in any dispute arises concerning assignment submission. / Anda perlu memastikan RESIT yang
dikeluarkan bagi penghantaran tugasan disimpan sebagai bukti penghantaran. Kegagalan
mengemukakan resit dalam sebarang isu yang timbul berkaitan penghantaran tugasan akan
mengakibatkan tugasan dianggap TIDAK dihantar.

EVALUATION / PENILAIAN

This assignment accounts for 60% of the total marks for the course. You would be given feedback
on the assignment before the Final Semester Examination commences. / Tugasan ini menyumbang
sehingga 60% daripada jumlah markah kursus berkenaan. Anda akan diberikan maklum balas
tentang tugasan ini sebelum Peperiksaan Akhir Semester bermula.

PLAGIARISM: MARKS DEDUCTION / PLAGIARISME: POTONGAN MARKAH

Warning: The submitted assignment will automatically undergo a similarity check. If plagiarism is
detected, marks would be deducted as follows: /Amaran: Tugasan yang diserahkan, secara automatik,
akan disemak untuk menentukan kadar pertindihan. Jika plagiarisme dikesan, markah akan dipotong
seperti berikut:

% Kumpulan Pertindihan % Potongan Markah

No.
(Similarity Group) (Marks Deduction)
1 0 – 30 0
2 30.01 – 50 5
3 50.01 – 70 10
4 70.01 – 100 100

Assignments found to have similarities under any of the categories above; will not be entitled to
apply for appeal. For learners who fall into the 70.01-100 similarities group, the access for online
appeal for assignment remarking of the subject will be disabled from the appeal options. / Tugasan
yang dikenal pasti mempunyai pertindihan tugasan bagi mana-mana kumpulan pertindihan di atas
tidak dibenarkan untuk rayuan. Bagi pelajar dalam kategori pertindihan tugasan kumpulan 70.01-
100, akses online rayuan semakan semula tugasan bagi subjek berkaitan dilupuskan dari pilihan
rayuan.
 ASSIGNMENT QUESTION

PURPOSE
The purpose of this assignment is to enhance learners’ understanding on the qualitative
characteristics of accounting information and enhance learners’ skills to analyse business
transaction from the preparation of journal entries until financial statements.

Tujuan tugasan ini adalah untuk mempertingkatkan pemahaman pelajar tentang ciri-ciri
kualitatif maklumat perakaunan dan mempertingkatkan kemahiran pelajar untuk
menganalisis urus niaga – urus niaga perniagaan bermula dari penyediaan catatan jurnal
sehingga penyata kewangan.

REQUIREMENT
Answer all questions and show detailed workings clearly and systematically.

Jawab semua soalan dan tunjukkan jalan kerja yang terperinci dengan jelas dan sistematik.
QUESTION / SOALAN 1

The qualitative characteristics of accounting information are important for the

preparation of financial statements of a business. Discuss how each characteristic is useful
in interpretation of the financial statements as well.

Ciri-ciri kualitatif maklumat perakaunan adalah penting untuk penyediaan penyata-penyata

kewangan bagi sesebuah perniagaan. Bincangkan bagaimana setiap ciri juga berguna dalam
penafsiran penyata-penyata kewangan.
(Total marks/Jumlah markah: 8)

QUESTION / SOALAN 2

Adib Consultant’s accounting period begins on 1 June 2017 and ends on 31 May 2018. The
account balances as at 31 May 2018 for Adib Consultant are as follows:
Accounts RM
Cash 41,000
Accounts receivable 180,000
Supplies 19,500
Unearned consultation revenue 24,700
Consultation revenue 238,200
Prepaid rent 13,200
Prepaid insurance 36,000
Equipment 217,100
Accumulated depreciation – Equipment 33,400
Accounts payable 27,300
Bank loan 127,600
Adib, Capital 180,400
Adib, Drawing 7,000
Salaries expense 115,000
Rent expense 2,000
Utilities expense 800

Additional information (have not been recorded) are as follows:

1. Supplies on hand as at 31 May 2018 is RM7,540.
2. Consultantation services performed but unbilled and uncollected at the end 31 May
2018 amounted to RM6,400.
3. The equipment has an estimated useful life of 13 years, no scrap value at the end of
it useful life, and the company is using straight line method.
4. Thirty percent of unearned consultation revenue has been earned by 31 May 2018.
5. Salary due amounted to RM24,000 has not yet been paid and recorded.
6. Prepaid insurance represents the annual premium policy starting from 1 January
2018.
7. Prepaid rent is for a half year period beginning 1 March 2018.
8. Bank loan interest rate is 10% per year. The bank loan was signed on 1 November
2017.

Required:
a) Prepare the adjusting entries for the above transactions at 31 May 2018.
(8 marks)
b) Prepare the adjusted trial balance for Adib Consultant as at 31 May 2018.
(11 marks)
(Total marks/Jumlah markah: 19)

Tempoh perakaunan Adib Consultant bermula pada 1 Jun 2017 dan berakhir pada 31 Mei
2018. Baki- baki akaun pada 31 Mei 2018 bagi Adib Consultant adalah seperti berikut:
Akaun-akaun RM
Tunai 41,000
Akaun belum terima 180,000
Bekalan 19,500
Hasil perundingan belum diperoleh 24,700
Hasil perundingan 238,200
Sewa prabayar 13,200
Insurans prabayar 36,000
Peralatan 217,100
Susut nilai terkumpul - Peralatan 33,400
Akaun belum bayar 27,300
Pinjaman bank 127,600
Modal, Adib 180,400
Ambilan, Adib 7,000
Belanja gaji 115,000
Belanja sewa 2,000
Belanja utiliti 800

Maklumat-maklumat tambahan (yang belum direkodkan) adalah seperti berikut:

1. Bekalan di tangan pada 31 Mei 2018 adalah RM7,540.
2. Perkhidmatan perundingan telah dilaksanakan tetapi belum dibilkan dan belum
 dikutip pada akhir 31 Mei 2018 berjumlah RM6,400.
3. Peralatan dianggarkan mempunyai usia guna selama 13 tahun, tiada nilai sekerap
pada akhir usia gunanya, dan syarikat tersebut menggunakan kaedah garis lurus.
4. Tiga puluh peratus daripada hasil perundingan belum diperoleh telah diperoleh pada
31 Mei 2018.
5. Gaji kena dibayar berjumlah RM24,000 belum dibayar dan belum direkodkan.
6. Insurans prabayar mewakili premium tahunan bermula dari 1 Januari 2018.
7. Sewa prabayar adalah untuk tempoh setengah tahun mulai 1 Mac 2018.
8. Kadar faedah pinjaman bank adalah 10% setahun. Pinjaman bank telah
ditandatangani pada 1 November 2017.

Dikehendaki:
a) Sediakan catatan-catatan pelarasan bagi urus niaga - urus niaga di atas pada 31 Mei
2018.
b) Sediakan imbangan duga terlaras untuk Adib Consultant pada 31 Mei 2018.
QUESTION / SOALAN 3

All the accounts’ balances of Klinik Dr. Rayyan as at 31 December 2017 are as follows:

Accounts Debit Credit

RM RM
Cash 11,400
Accounts receivable 3,500
Prepaid insurance 3,150
Clinic supplies 1,250
Clinic equipment 10,650
Accumulated depreciation – Clinic equipment 4,500
Clinic premise 144,750
Accumulated depreciation – Clinic premise 14,375
Land 138,500
Wages payable 2,625
Interest payable 2,750
Notes payable 127,000
Capital, Rayyan 129,650
Service revenue 73,000
Wages expense 9,000
Utilities expense 2,750
Insurance expense 2,550
Maintenance expense 5,125
Interest expense 12,750
Clinic supplies expense 3,250
Depreciation expense – Clinic equipment 1,500
Depreciation expense – Clinic premise 3,775
Total 353,900 353,900

Required:
a) Prepare the income statement for the year ended 31 December 2017.
(12 marks)
b) Prepare the statement of owner’s equity for the year ended 31 December 2017.
(4 marks)
c) Prepare the balance sheet as at 31 December 2017.
(17 marks)
(Total marks/Jumlah markah : 33)
Semua baki-baki akaun bagi Klinik Dr. Rayyan pada 31 Disember 2017 adalah seperti berikut:

Akaun-akaun Debit Kredit

RM RM
Tunai 11,400
Akaun belum terima 3,500
Insurans prabayar 3,150
Bekalan klinik 1,250
Peralatan klinik 10,650
Susut nilai terkumpul – Peralatan klinik 4,500
Premis klinik 144,750
Susut nilai terkumpul – Premis klinik 14,375
Tanah 138,500
Upah belum bayar 2,625
Faedah belum bayar 2,750
Nota belum bayar 127,000
Rayyan, Modal 129,650
Hasil perkhidmatan 73,000
Belanja upah 9,000
Belanja utiliti 2,750
Belanja insurans 2,550
Belanja penyenggaraan 5,125
Belanja faedah 12,750
Belanja bekalan klinik 3,250
Belanja susut nilai – Peralatan klinik 1,500
Belanja susut nilai – Premis klinik 3,775
Jumlah 353,900 353,900

Dikehendaki:
a) Sediakan penyata pendapatan bagi tahun berakhir 31 Disember 2017.
b) Sediakan penyata ekuiti pemilik bagi tahun berakhir 31 Disember 2017.
c) Sediakan lembaran imbangan pada 31 Disember 2017.

[TOTAL MARKS / JUMLAH MARKAH: 60]

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