1) Following is trial balances of Yuga trading at 31st

December 2013
RM
Capital
Premises
50,000
Vehicles
34,000
Accumulated Provision of depreciation vehicles
Furniture
8,000
Accumulated Provision of depreciation furniture
Drawing
1,400
Inventory on 1st January 2013
14,900
Purchases and sales
41,700
Interest upon purchases
250
Return
340
Discount
100
Salaries
2,500
Rent
Stationary
100
Bad debts
400
Allowance doubtful debts
Bad debts recovery
Insurances
1,200
Bank loan
Interest from loan
700
General expenses
100
Payment rates
410
Account receivable and payables
5,000
Bank
Cash
11,500
172,600

RM
84,400

1,650
900

67,000
400
300
1,950

350
200
10,000

4,550
900
172,600

Addition information
i)

Inventory on 31st December 2013 value at RM 15,500 at

cost price and RM18,600 at market prices

ii)

Debt note from supplier amounted RM300 havent

recorded in any accounting book

iii) Monthly Rental amounted to RM 150

iv)

Insurances paid for year started at 1st April 2013

v)

Bank loan started form 1st January 2013 with 12%

interest per annum

vi)

Repair vehicles expenses RM1,000 recorded in account

vehicles

vii) Depreciation rate is

- Vehicles: 10% per annum reducing balance method
- Furniture:15% per annum at cost ( furniture
RM2,000 purchases at 1st October 2013)
viii) Allowance for doubtful debts is 5 % on account
receivable
Prepared
i.

SOCY for the year ended 31st December 2013

ii.

SOFP as at 31st December 2013

2) Following is trial balances of Thor trading at 31st Jun 2011

Purchases and sales

Trade receivable and payables
Return
Carriage inwards
Rental
Salaries
Payment rates
Commission
Allowance for doubtful debts at 1st July 2010
Drawing
Vehicles (cost)
Fitting (cost)
Inventory of small appliance tools at 1st July 2010
Accumulated Provision of depreciation vehicles
Accumulated Provision of depreciation fitting
Capital at 1 July 2010
Loan at 12 % rates
Inventory at 1 July 2010
Cash in hand
Cash at bank

RM
26,200
6,400
210
380
1,400
1,500
600
960

RM
31,200
5,600
180

3,720
320

230
12,000
5,400
2,000
2,600
3,620
10,000
6,960
1,800
600
4,520
64,200

64,200

Addition information at 30th Jun 2011

i) Valuation:
- Inventory RM2,570
- Inventory of small appliance tools RM1,500
ii) Mr Indiana Jones a debtors had owe RM400 had bankrupt
and debtors had been written off as bad debts
iii) Allowance for doubtful debts is 5% from net trade
receivable
iv)

Rent for year from 1,750

v)

One over three from salaries is prepayment salaries

vi) Vehicles depreciated at 10 % per year at cost while fitting

at 5% per year at reducing balance method
Prepared
1. SOCY for the year ended 30th Jun 2011
2. SOFP as at 30th Jun 2011

3) Miss Angelina Jolie owners of Jolie Enterprise operated at

Merbok, Sungai Petani, Kedah. Following is trial balance.
Trial Balance at 30th April 2014
RM
Capital at 1st May 2013
Drawing
12,000
Return- return
450
Bank loan (5 % per year)
Interest upon loan
400
Purchases and sales
82,800
Trade receivable and payables
29,900
Stationery
2,365
Cash at bank
76,155
Petty cash
896
Commission
Bad debts
500
Allowance for doubtful debts
Salaries
18,000
Discount allowance
570
Furniture
38,750
Vehicles
80,000
Carriage inwards
1,000
Inventory at 1st May 2013
14,397
Payment rate
1,489
Insurance
2,100
Rental
10,000
Accumulated provision depreciation vehicles
Accumulated provision depreciation furniture
371,772

RM
155,000
1,102
10,000
185,880
4,067

760
363

11,100
3,500
371,772

Addition information
i.

Inventory at 30th April 2014 amounted RM12,560 at cost

price and RM14,500 at market prices

ii.

Loan RM 10,000 is interest 5% per year and loan paid

fully by 30 April 2014

iii.

Payment rate accruals RM245

iv.

Commission accruals RM3,600

v.

30 April 2014, a debtors had bankrupt and debt RM1,000

written off at bad debt. Amount had not been recorded

vi.

Allowance for doubtful debts is 2% from net trade

receivable

vii. A display rack RM2, 000 had been brought at 1 May 2013
had been recorded into purchases account. This error had
not been corrected
viii. Deprecation rate:
- Furniture 20% per year at cost
- Vehicles 10% per year at reducing balancing method
Prepared
1.
2.

SOCY for the year ended 30th April 2014

SOFP as at 30th April 2011

4) Mr Ian McKellen, sole proprietorship Gandalf Enterprise a

supplier of computer had operated for a few years ago. Trial
balanced was taken from the accounting book on 30th Jun
2014

Cash in hand
Cash at bank
Fixed saving
Bad debts
Returns
Capital 1 July 2013
Fitting (cost)
Vehicles (cost)
Fixed saving interest
Rental
Vehicles expenses
Trade receivable and payables
Salaries
Office expenses
Discount
Drawing
Insurance
Carriage inwards
Accumulated provision depreciation
- Fitting
- Vehicles
Inventory at 1 July 2013
Sales and purchases
Allowance for doubtful debts
Payment rates

RM
6,425
27,742
12,000
600
1,743

RM

1,672
80,000

12,800
35,000
288
2,000
7,376
26,820
37,330
3,878
764
8,000
2,400
540

30,400

532

2,710
5,250
30,720
76,452
300
292,890

170,458
1,580
292,890

Addition information
i.

Inventory at 30th Jun 2014 amounted RM35,570 at cost

price and RM42,330 at market prices

ii.

Insurance paid included RM 960 for half a year ended 30

September 2014

iii.

Rental accrual RM600

iv.

Fixed deposit interest 4% per year

v.

vi.

Deprecation rate:
- Fitting 10% per year at reducing balancing method
- Vehicles 20% per year at cost
Allowance for doubtful debts is 2% from net trade
receivable
Prepared
1. SOCY for the year ended 30th Jun 2014
2. SOFP as at 30th Jun 2014

5) Mr. Andy Serkis is owners of Gollum Supermarket at Masjid

Tanah, Melaka. Trial balanced was taken from the
accounting book on 30th Jun 2013
6)

Cash at bank
Capital
Allowance for doubtful debts
Trade receivable and payables
Salaries
Accumulated provision depreciation fitting
Accumulated provision depreciation vehicles
Bad debts
Interest on bank loan
Freight inwards
Payment rates
Rental
Bank loan
Purchases and sales
Stock at 1st July 2012
Fitting (cost)
Vehicles (cost)

RM
12,740

30,500
3,800

RM
50,000
250
20,000
1,000
8,000

340
500
320
750
9,000
58,700
19,000
10,000
40,000
187,250

1,000
20,000
86,000

187,250

Addition information
i.

ii.

Inventory at 30th Jun 2013 amounted RM30,200 at cost

price and RM28,400 at market price
Gollum Supermarket prepared a place to rent to Mr. Peter
Jackson with the value of RM 1,000 per month. He started
to rent at 1 April 2013

iii.

Rental expenses per year is RM9,600

iv.

Interest upon loan at 5% per year

v.

vii.
viii.

Bad debt at 30th Jun 2013 amounted RM 500 havent been

recorded any book
Allowance for doubtful debts is 3% from net trade
receivable
Deprecation rate:
- Fitting 10% per year at cost
- Vehicles 20% per year at reducing balancing method
Prepared
a. SOCY for the year ended 30th Jun 2013
b. SOFP as at 30th Jun 2013

6) Following is trial balances of Frodo Enterprise at 31st

December 2013
Frodo Enterprise
Trial balances at 31st December 2013
RM
Capital at 1st January 2013
Drawing
8,400
Purchases and sales
77,160
Inventory at 1st January 2013
5,600
Return
Rental
Carriage outwards
1,300
Bad debts
260
General expenses
224
Salaries
10,800
Payment rates
1,040
Promotion
1,100
Insurances
960
Furniture (cost)
16,000
Fittings
4,440
Premises
140,000
Accumulated provision depreciation furniture
Cash in hand
260
Cash at bank
13,600
Trade receivable and payables
5,880
Allowance for doubtful debts
287,024
6)

RM
150,000
127,604
200
1,000

1,600

6,220
400
287,024

Addition information
i.

ii.

Inventory at 31st December 2013 amounted RM6,200 at

cost price and RM7,123 at market price
Promotion expenses accrued RM400

iii.

A part of premises rented from 1st July 2013 with RM500

rental per month

iv.

Insurance paid for a year stated form 1st March 2013

v.

vi.

vii.

viii.

Furniture deprecation rate at 20% per year followed the

reducing balance method while fitting deprecation rate at
15 % per year at cost
A debtors bankrupt and owe amounted RM1,000 written off
as bad debt
Allowance for doubtful debts is 5% from net trade
receivable
Drawing of goods RM100 per month not recorded any book
of account.
Prepared
a. SOCY for the year ended 31st December 2013
b. SOFP as at 31st December 2013

7) Following is trial balances of Wolverine Enterprise at 31st

December 2013
Wolverine Enterprise
Trial balances at 31st July 2013
RM
Cash at bank
4,320
Trade receivable and payables
4,900
Loan
Furniture (cost)
9,360
Vehicles (cost)
24,800
Accumulated provision depreciation vehicles
Allowance for doubtful debts
Inventories at 1st August 2012
3,200
Purchases and sales
30,800
Return
230
Interest upon purchases
470
Salaries
1,420
Rental
2,800
Insurance
1,160
Payment rates
720
Commission
Capital at 1st August 2012
85,180
7)

RM
5,500
5,000

2,480
260
50,400
180

340
21,020
85,180

Addition information
i.

ii.

Inventory at 31st December 2013 amounted RM6,450 at

cost price and RM7,123 at market price
A debtors assumed bankrupt and debts amounted RM 400
written off

iii.

Rental accrual RM 370

iv.

Allowance for doubtful debts is 8 % from net trade

receivable

v.
vi.

Furniture and vehicles depreciated at 10% per annum

followed reduce balancing method.
Bank loan started at 1st May 2013 with interest rate 8% per
annum
Prepared
a. SOCY for the year ended 31st July 2013
b. SOFP as at 31st July 2013

8) Mr Rowan Atkinson is owners of Johnny English

Enterprise. Following are the trial balance of his business
at 31st May 2014
\

Inventories at 1 Jun 2013

Premises (cost)
Furniture (cost)
Accumulated provision depreciation furniture
Vehicles (cost)
Accumulated provision depreciation vehicles
Capital
Loan
Trade receivable and payable
Drawing
Cash at hand
Cash in bank
Purchases and sales
Return
Salaries
Insurances
Rental
Payment rates
Carriage outwards
Bad debts
Discount

RM
28,600
300,000
64,000

RM

16,000
90,000
18,000
185,000
200,000
720
1,800
2,920
19,800
120,000
1,600
32,000
5,400

235,000
2,500

8,800
2,800
2,420
500
694,040

1,520
694,040

Addition information
i.

ii.

Inventory at 31st December 2013 amounted RM35,000 at

cost price
Insurance prepayment RM450

iii.

Rental for Mei 2014 havent received

iv.

A debtors already passed away and owed RM 800 written

off as bad debt

v.

vi.

Accumulated doubtful debts is 8 % from net trade

receivable
Owners took goods amount RM 700 for donation for
orphanage. No recorded in any accounting book

vii. Deprecation rates :

Furniture
:
15% per annum following reducing balance
method
Vehicles
:
20% per annum following straight line
method
Prepared
a. SOCY for the year ended 31st May 2014
b. SOFP as at 31st May 2014

9) Miss Taylor Swift is owners of Bad blood Enterprise started

operation on business at 1st April 2010. Following are the
trial balance of his business at 31st Mac 2015
\

Premises
Vehicles
Accumulated provision depreciation vehicles
Fitting
Accumulated provision depreciation fitting
Trade receivable and trade payable
Cash at bank
Cash in hand
Inventory at 1 April 2014
Purchases and sales
Return
Carriage outwards
Promotion
Shop insurance
Salaries
Capital at 1st April 2014
Commission
Discount
Rental
Allowance for doubtful debts
Drawing
Bad debts
Payment rate

RM
116,000
40,000

RM

5,280
8,000
1,000
5,890

9,600
12,703
1,160
13,250
65,678 157,889
1,255
597
300
1,340
1,200
10,800
98,062
1,220
690
664
3,820
450
12,540
600

Addition information
i.

ii.

Inventory at 31st Mac 2015 amounted RM18,566 at cost

price and RM 15,720 at cost price
Payment rates accrual RM 262

iii.

Insurance RM 1,200 paid at 1st Mac 2015 for 3 month

iv.

The business had two vehicles, one bought in 2010 while

one more bought at 1st January 2013. All the vehicles
deprecated with 10% per year following reducing balance
method

v.
vi.

vii.

Fitting deprecated at 10% per year upon cost

Miss Taylor had received cash RM5, 200 from a client for
bought goods by cash at 15 Mac 2015. But she had used
the money amounted RM 2, 000 to repaired the business
vehicle and remanding used for family expenses. No
recorded had been found in any accounting book
Allowance for doubtful debts at 2.5% upon net trade
receivable

Prepared
a. SOCY for the year ended 31st May 2014
b. SOFP as at 31st May 2014

10) Miss Liv Tyler is owners of Arwen Enterprise that had

operated since 3 years ago. Following are the trial balance of
his business at 31st March 2013

la\

Trial balance as at 31st March 2013

RM

Capital
Inventories as at 1 April 2012
Vehicles (cost)
Furniture (cost)
Cash at bank
Accumulated provision depreciation vehicles
Accumulated provision depreciation furniture
Drawing
Purchases and sales
Return
Trade receivable and payable
Carriage inwards
Stationery
Insurance
Payment rates
Salaries
Discount
Salaries
Allowance for doubtful debts
Insurance upon purchases

RM
48,400

1,750
40,000
30,000
2,500
12,000
8,130
1,250
22,000
640
7,000
450
320
2,160
480
8,800

47,420
480
4,320

295
3,840
455
310
121,500

121,500

Addition information
i.

Inventory at 30th March 2013 amounted RM2,460 at cost

price and RM2,745 at market prices

ii.

Insurance paid for a year and will expected at 31 May 2013

iii.

Salaries of works paid at RM 800 per month

iv.

Vehicles had depreciated 10% per annum at cost and

furniture depreciated 10% per annum at reducing balance
method

v.

vi.

vii.

A debtors had bankrupt and still owed amounted RM 1,300

written off as bad debts
Allowance for doubtful debts at 5 % upon net trade
receivable
Owners had took stationery amounted RM 40 for it own
used but no recorded had made
Prepared
a. SOCY for the year ended 31st March 2013
b. SOFP as at 31st May 2014

Instruction
1.
a.

b.

2.
3.
4.
5.

computer or hand written method

computer
i.
Microsoft excel or word only
ii.
Font: Arial or Time new roman
iii.
Font size: 12/11
iv.
Summited to my email johananhojo@gmail.com
v.
Save as : tutorial 1 ans.docx
vi.
Summited date 30th April 2016
Hand written
i.
Snap and send via what app or Facebook chat
ii. Summited date 30th April 2016
If dont be free to ask
Ask and u given, seek u shall find knock and the door
shall be open unto u
Make me proud
Good luck