FACULTY OF BUSINESS AND MANAGEMENT

DIPLOMA IN INVESTMENT ANALYSIS

(BA114)

INTRODUCTION TO FINANCIAL ACCOUNTING

(ACC 106)

TOPIC: BOOK OF PRIME ENTRY

PREPARED BY:

NAME MATRIK NO

MUHAMMAD HARRAZ HAZIQ BIN 2020990467

ABD HALIM

MUHAMMAD AZRIL HAFIY BIN 2020973235

KHAIRUDDIN

ARIFF IRWAN BIN DZULKIFLI 2020956965

PREPARED FOR:

PN. ROSMAWATI BINTI HARUN

CLASS:

JBA1141B

JUN 2020
1 Name of the business BOSSKUR GADJET

2 Name of the owner Muhammad Azril Hafiy bin Khairuddin

3 Location / Address Jalan Datuk Kumbar,050300,Alor

Setar,Kedah

4 Type of business Sole proprietorship

5 Accounting duration 1 year

6 Record duration 1 March 2020 – 30 March 2020 (1

month)

7 Business capital RM22,500 from:

a) Computer RM2,500
b) Cash in bank RM20,000

8 Business Activities Selling handphones ,accessories and

repair.
Given below are transactions for the month of March 2018 for Bosskur Gadjet, a
business selling handphones,accessories and repair. The business maintains a periodic
system in recording its inventory. The following are the transactions for the month of
March 2018:

Date Transactions

March 1 - Started business with RM20,000 in bank and bought computer RM2,500.

March 3 - Purchased goods RM23,000 and from Pembekal Telefon Original Malaysia
on credit.

March 5 - Purchased furniture worth RM13,200 from Cute Furniture on credit.

March 6- Sold handphones to Amir RM5,000 on credit.

March 7 - Sold accessories worth RM300 by cash to Iwan.

March 8 - Returned damaged handsphones to Pembekal Telefon Original Malaysia cost

RM3,000.

March 9- Iwan return damaged accessories worth RM100 .

March 10 - Sold goods to Kamal worth RM8000 on credit

March 13- Repair handphones worth RM720 cash.

March 15-Kamal made full settlement by cheque

March 19 - Amir made full payment by cheque.

March 22 – Owner took RM1,000 cash for personal use.

March 24 - Made full settlement of the amount due to Cute Furniture by

cheque.

March 26 - Owner took accessories worth RM70 .

March 28 – Pay Utility RM1,500 by cash

March 29 - Rent shop RM3,000 by cheque

March 30 - Paid salary RM2,000 by cash.

March 31- Made settlement of the amount due to Pembekal Telefon Original Malaysia
by cheque
DATE ASSETS EXPENSES OWNER’S LIABILITY REVENUE JOURNAL
EQUIRY ENTRY
MARC BANK (+) CAPITAL (+) DR BANK
H1 COMPUTER (+) DR.COMPUTER
CR CAPITAL
MARC PURCHASE ACC PAY DR PURCHASE
H3 (+) (+) CR ACC PAY
PEMBEKAL
TELEFON
ORIGINAL
MALAYSIA
MARC FURNITURE(+) ACC PAY DR FURNITURE
H5 (+) CR ACC PAY
CUTE
FURNITURE
MARC ACC REC (+) SALES (+) DR ACC REC
H6 AMIR
CR SALES
MARC CASH (+) SALES(+) DR CASH
H7 CR SALES
MARC PURCHACE ACC PAY (-) DR ACC PAY
H8 RETURN (-) PEMBEKAL
TELEFON
ORIGINAL
MALAYSIA
CR PURCHASE
RETURN
MARC CASH (-) SALES DR SALES
H9 RETURN (- RETURN
) CR CASH
MARC ACC REC(+) SALES (+) DR ACC REC
H 10 KAMAL
CR SALES
MARC CASH (+) SALES(+) DR CASH
H 13 CR SALES
MARC BANK (+) DR BANK
H 15 ACC REC CR ACC REC
KAMAL(-) KAMAL
MARC BANK (+) DR BANK
H 19 ACC REC CR ACC REC
AMIR(-) AMIR
MARC CASH(-) DRAWING DR DRAWING
H 22 (+) CR CASH
MARC BANK(-) ACC PAY(-) DR ACC PAY
H 24 CUTE
FURNITURE
CR BANK
MARC PURCHASE DRAWING DR DRAWING
H 26 (-) (+) CR PURCHASE
MARC CASH (-) UTILITY (+) DR UTILITY
H 28 CR BANK
MARC BANK(-) RENT DR RENT SHOP
H 29 SHOP(+) CR BANK
MARC CASH(-) SALARY(+) DR SALARY
H 30 CR CASH
MARC BANK(-) ACC PAY (-) DR ACC PAY
H 31 PEMBEKAL
ORIGINAL
TELEFON
MALAYSIA
CR BANK
 Date Double Entry Effect Journal

1 MARCH DR: BANK ASSET(+) CASH RECIPT

JOURNAl
CR :CAPITAL OE(+)

1 MARCH DR.COMPUTER ASSET(+) GENERAL

JOURNAL
CR:CAPITAL OE(+)

3 MARCH DR PURCHASE EXPENSES(+) PURCHASES

JOURNAL
CR ACC PAY LIABILITY(+)
PEMBEKAL
TELEFON
ORIGINAL
MALAYSIA

5 MARCH DR FURNITURE ASSET(+) GENERAL

JOURNAL
CR ACC PAY LIABILITY(+)
CUTE FURNITURE

6 MARCH DR ACC REC ASSET(+) GENERAL

AMIR JOURNAL
REVENUE(+)
CR SALES

7 MARCH DR CASH ASSET(+) GENERAL

JOURNAL
CR SALES REVENUE(+)

8 MARCH DR ACC PAY EXPENSES(-) RETURN

PEMBEKAL OUTWORDS
TELEFON LIABILITY(-) JOURNAL
ORIGINAL
MALAYSIA

CR PURCHASE

RETURN

9 MARCH DR SALES ASSET(-) RETURN

INWARDS
RETURN REVENUE(-) JOURNAL
CR CASH
10 MARCH DR ACC REC ASSET(+) SALES JOURNAL
KAMAL
REVENUE(+)
CR SALES

13 MARCH DR CASH ASSET(+) CASH PAYMENT

JOURNAL
CR SALES REVENUE(+)

15 MARCH DR BANK ASSET(+) CASH RECIPT

JOURNAL
CR ACC REC ASSET(-)
KAMAL

19 MARCH DR BANK ASSET(+) CASH RECIPT

JOURNAL
CR ACC REC ASSET(-)
AMIR

22 MARCH DR DRAWING ASSET(-) GENERAL

JOURNAL
CR CASH OE(+)

ASSET(-)

24 MARCH DR ACC PAY LIABILITY(-) CASH RECEIPT

CUTE FURNITURE JOURNAL

CR BANK

26 MARCH DR DRAWING EXPENSES(-) GENERAL

JOURNAL
CR PURCHASE OE(+)

28 MARCH DR UTILITY ASSET(-) CASH PAYMENT

JOURNAL
CR BANK EXPENSES(+)

29 MARCH DR RENT SHOP ASSET(-) CASH PAYMENT

JOURNAL
CR BANK EXPENSES(+)

30 MARCH DR SALARY ASSET(-) CASH PAYMENT

JOURNAL
CR CASH EXPENSES(+)
31 MARCH DR ACC PAY ASSET(-) CASH RECIPT
PEMBEKAL JOURNAL
ORIGINAL LIABILITY(-)
TELEFON
MALAYSIA

CR BANK
 Bosskur Gadjey

Trial Balance as at 31 December 2018

Accounts Dr Cr

Bank 56,000

Computer 2,500

Capital 25,000

Purchase 15,000

AP: PTOM 15,000

Sales 14,910

Cash 8,800

Purchase return 5,000

Furniture 2,000

Sales Return 500

Drawing 1,800

Utility 1,590

Rent 11,000

Salary 2000

49300 49300
 Bank account
Dr
(RM)
1-Mar Capital 20,000 24-Mar acc pay cute furniture
15/3/2018 Acc rec kamal 8000 29-Mar rent shop
acc pay pembekal telefon original
19/3/2018 Acc rec Amir 5000 31/3/2018
malaysia
31/4/2018 Balance C/D 6,200
39200
1/4/2018 balance b/d

Computer account
Dr
(RM)
1-Mar capital 2,500 31-Mar balance c/d
2500
1/4/2018 balance b/d 2500

Capital account
Dr
(RM)
31-Mar balance c/d 2,500 1-Mar bank
11-Mar computer
22500
1/4/2018 balance b/d
 Purchase account
Dr
(RM)
Acc pay pembekal telefon original
3-Mar malaysia 23,000 26-Mar drawing
31-Mar balance c/d
23000
1/4/2018 balance b/d 22930

Account Payable Pembekal Telefon Original Malaysia

Dr
(RM)
8-Mar purchase return 3,000 3-Mar purchase
31/3/2018 bank 23000 31-Mar balance c/d
26000
1/4/2018 balance b/d 3000

Sales account
Dr
(RM)
31-Mar balance c/d 14,020 6-Mar account receivable amir
7-Mar cash
10/3/2018 account receivable kamal
13/3/2018 cash
14020
1/4/2018 balance b/d

Cash account
Dr
(RM)
7-Mar sales 300 9-Mar sales return
13/3/2018 sales 720 22-Mar drawing
31/3/2018 balance c/d 3580 28/3/2018 utility
30/3/2018 salary
4600
1/4/2018 balance b/d

Purchase return account

Dr
(RM)
 acc pay pembekal telefon original
31-Mar balance c/d 3,000 8-Mar malaysia
3000
1/4/2018 balance b/d

Furniture account
Dr
(RM)
5-Mar acc payable furniture 13,200 31-Mar balance c/d
13200
1/4/2018 balance b/d

Account Payable Cute Furniture

Dr
(RM)
24-Mar bank 13,200 5-Mar furniture

Account Receivable Amir

Dr
(RM)
6-Mar sales 5,000 19-Mar bank
0

Sales Return Account

Dr
(RM)
9-Mar cash 100 31-Mar balance c/d
100
1/4/2018 balance b/d

Drawing Account
 Dr
(RM)
22-Mar cash 1,000 31-Mar balance c/d
26/3/2018 purchase 70
1070
1/4/2018 balance b/d 1070

Account Receivable Kamal

Dr
(RM)
10-Mar sales 8,000 15-Mar bank
0

Utility Account
Dr
(RM)
28-Mar cash 1,500 31-Mar balance c/d

1/4/2018 balance b/d 1500

Rent Account
Dr
(RM)
29-Mar bank 3,000 31-Mar balance c/d

1/4/2018 balance b/d 3000

Salary Account
Dr
(RM)
30-Mar bank 2,000 31-Mar balance c/d

1/4/2018 balance b/d 2000