AA015 2011/2012

KMP PSPM AA015 2011/2012

SECTION A
BAHAGIAN A

QUESTION 1 [20 marks]
SOALAN 1 [20 markah]

a) State two (2) branches of accounting.
Nyatakan dua (2) cabang perakaunan.

[2 marks]
[2 markah]

b) Kaisara runs a book distribution business nationwide with a capital contribution of
RM50,000. Kaisara offered Aisyah to invest in her business with a profit offering based
on the amount of capital contributed by Aisyah.
Kaisara menjalankan perniagaan pengedaran buku ke seluruh negara dengan
sumbangan modal RM50,000. Kaisara menawarkan Aisyah melabur dalam perniagaan
beliau dengan tawaran keuntungan mengikut jumlah modal yang disumbangkan oleh
Aisyah.

(i) What is the form of Kaisara’s business?
Apakah bentuk perniagaan Kaisara?

(ii) If Aisyah accepts Kaisara's invitation, what is the form of their business?
Sekiranya Aisyah menerima pelawaan Kaisara, apakah bentuk perniagaan
mereka?

(iii) State two (2) business characteristics such as (b) (ii) above.
Nyatakan dua (2) ciri-ciri perniagaan seperti (b)(ii) di atas.

(iv) Explain economic entity.
Terangkan apakah yang dimaksudkan dengan entiti berasingan?
[6 marks]
[6 markah]

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KMP PSPM AA015 2011/2012

c) On 1 August 2011, Salehuddin set up a service business.

Below are the transactions of August 2011:

Pada 1 Ogos 2011, Salehuddin menubuhkan sebuah perniagaan perkhidmatan.

Berikut adalah urusniaga bulan Ogos 2011:

Date Urusniaga

Tarikh Transaction

August 1 Started a business with a capital of RM10,000.

Ogos 1 Memulakan perniagaan dengan modal RM10,000.

2 Purchased office supplies on account, RM1,150.

Membeli bekalan pejabat RM1,150 secara kredit.

4 Received RM4,500 cash for services performed.

Menerima tunai RM4,500 bagi perkhidmatan yang telah dijalankan.

10 Paid RM675 on account.

Membayar pemiutang RM675.

15 Issued RM3,250 bills to customers for services performed.

Mengeluarkan bil RM3,250 kepada pelanggan bagi perkhidmatan yang

dijalankan.

18 Paid vehicle rent, RM680.

Membayar sewa kenderaan RM680.

25 Office supplies used RM935.

Bekalan pejabat yang digunakan RM935.

27 Withdrew cash of RM1,000.

Membuat ambilan tunai RM1,000.

29 Paid office rent RM2,500 for August.

Membayar sewa pejabat RM2,500 bagi bulan Ogos.

REQUIRED:
DIKEHENDAKI:
Analyze the effects of the August 2011 transactions on the accounting equation, using
the following table:
Tunjukkan kesan urusniaga bulan Ogos 2011 kepada persamaan perakaunan
menggunakan jadual berikut:

ASSETS = LIBILITIES +EQUITY

ASET LIABILITI +EKUITI PEMILIK

Date Cash Supplies Accounts = Accounts Capital Revenues

Tarikh Tunai Bekalan Receivable Payable Modal (Expenses)

Akaun Akaun Hasil

Belum Belum (Belanja)

Terima Bayar

August 10,000 10,000

1

Ogos 1

[8 marks]

[8 markah]

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KMP PSPM AA015 2011/2012

QUESTION 2
SOALAN 2
State two (2) accounting concepts used in disposal of fixed assets.
Nyatakan dua (2) konsep perakaunan yang digunakan dalam pelupusan asset tetap.

QUESTION 3
SOALAN 3

The following is part of Perniagaan Mesra’s (PM) account balances on 1 July 2011:
Berikut adalah sebahagian daripada baki akaun Perniagaan Mesra (PM) pada 1 Julai 2011:

Accounts RM
16,000
Akaun 18,500
4,870
Bank 29,630

Bank
Accounts Receivable – Makmor Sdn. Bhd.
Akaun belum terima – Makmor Sdn. Bhd.
Accounts Payable – Aminah Enterprise
Akaun belum bayar – Aminah Enterprise

Capital

Modal

During July 2011, the business completed the following transactions:

Berikut adalah urusniaga PM dalam bulan Julai 2011:

Date Transactions

Tarikh Urusniaga

July 2 Makmor Sdn. Bhd. has settled all its debts.

Julai 2 Makmor Sdn Bhd. telah menjelaskan semua hutangnya.

3 Paid its accounts payable to Aminah Enterprise.

Menjelaskan semua baki hutang yang tertunggak kepada Aminah Enterprise.

4 Purchased merchandise inventory on account from Segar Sdn. Bhd., RM4,000.

Terms 3/15, n/30.

Membeli barang niaga RM4,000 secara kredit daripada Segar Sdn. Bhd. dengan

syarat 3/15, n/30.
5 Brought in RM15,000 owner’s furniture into business.

Membawa masuk perabot pemilik RM15,000 untuk kegunaan perniagaan.

7 Sold merchandise on credit to Amzar Sdn. Bhd for RM12,000 with terms of 2/10,

n/30. Merchandise cost RM5,500.

Menjual RM12,000 barang niaga kepada Amzar Sdn. Bhd. secara kredit dengan

syarat 2/10, n/30. Kos barang niaga tersebut RM5,500.

9 Paid freight bill of RM570 for sales on 7 July.

Membayar kos pengangkutan RM570 untuk jualan pada 7 Julai.

11 Sold merchandise for cash, RM6,000.

Menjual barang niaga secara tunai RM6,000.

12 Return RM700 of merchandise purchased from Segar Sdn. Bhd.

Memulangkan barang niaga yang dibeli RM700 daripada Segar Sdn. Bhd.

14 Paid Segar Sdn. Bhd. all the amount owed.

Menjelaskan semua hutang Segar Sdn. Bhd.

16 Received all payments from Amzar Sdn. Bhd.

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KMP PSPM AA015 2011/2012

Menerima semua bayaran daripada Amzar Sdn. Bhd.

18 Purchased merchandise inventory on account from Adnan Enterprise, RM7,500.
Membeli barang niaga RM7,500 secara kredit daripada Adnan Enterprise.

20 Paid employees’ salaries and bonuses, RM6,400.
Membayar gaji dan bonus pekerja RM6,400.

23 Sold merchandise to Sulhi Enterprise, RM4,800.
Menjual barang niaga RM4,800 kepada Sulhi Enterprise.

26 Paid Adnan Enterprise all the amount owed and received a discount of RM420.
Menjelaskan semua hutang kepada Adnan Enterprise dan menerima diskaun
RM420.

28 Purchased merchandise inventory on account from Perniagaan Syafiq, RM5,400.
Membeli barang niaga RM5,400 secara kredit daripada Perniagaan Syafiq.

29 Paid office rent, RM1,200 for the month of August 2011.
Membayar sewa pejabat RM1,200 bagi bulan Ogos 2011.

REQUIRED:
DIKEHENDAK:
For each of the above transaction, state the appropriate journal involved.
Bagi setiap transaksi di atas, nyatakan jurnal yang terlibat.

QUESTION 4
SOALAN 4

Abdullah Sdn. Bhd. (ASB) is a business offering laundry services. The financial year of ASB
ends on 30 June each year.
Abdullah Sdn. Bhd. (ASB) merupakan sebuah perniagaan yang menawarkan perkhidmatan
dobi. Tahun kewangan ASB berakhir pada 30 Jun setiap tahun.

1. Prepaid insurance, RM1,650.
Insurans prabayar RM1,650.

2. Delivered washed clothes to Rumah Kebajikan Kanak-kanak Desa Aman RM3,500 on
30 June 2011. Bill has not been submitted to the home management.
Menghantar pakaian yang telah dicuci kepada Rumah Kebajikan Kanak-kanak Desa
Aman RM3,500 pada 30 Jun 2011. Bil masih belum dikemukakan kepada pihak
pengurusan rumah tersebut.

3. Unearned service revenue, RM25,600.
Hasil belum terperoleh RM25,600.

4. Accrued salary, RM1,570.
Gaji belum bayar RM1,570.

5. The business identified that a debtor named Badrul has gone bankrupt and unable to
pay its debts RM 1,000.
Perniagaan mengenal pasti bahawa penghutang bernama Badrul telah bangkrut dan
tidak dapat membayar hutangnya RM 1,000.

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KMP PSPM AA015 2011/2012

6. Depreciation is calculated using the straight-line method at the following rates:
• Equipment – 15%
• Vehicles – 20%

Susut nilai dikira menggunakan kaedah garis lurus pada kadar berikut:
• Peralatan – 15%
• Kenderaan – 20%

REQUIRED:
DIKEHENDAKI:
Identify the above transactions according to types of adjustment. (depreciation expense,
unearned revenue, accrued expenses, bad debts expense, prepaid expenses, accrued
revenue or error)
Kenal pasti urus niaga di atas mengikut jenis pelarasan. (belanja susut nilai, hasil belum
terperoleh, belanja terakru, belanja hutang lapuk, belajar prabayar, hasil belum terima
atau kesilapan)

SECTION B
BAHAGIAN B

QUESTION 1 [20 marks]
SOALAN 1 [20 markah]

a) At the beginning of the current year, Perniagaan Umar (PU) has Accounts Receivable
balance of RM775,000. Net sales during the year, RM6,000,000.
Pada awal tahun semasa, Perniagaan Umar (PU) mempunyai baki akaun belum terima
RM775,000. Jualan bersih pada tahun semasa RM6,000,000.

The allowance for doubtful debts before adjustment has a balance of RM8,050. Current
year credit sales are 17% of net sales. Collection of accounts receivable RM650,000
and accounts receivable of RM17,500 are written off using the allowance for doubtful
debts account. At the end of the financial year, allowance for doubtful debts estimated
at 2.5% on the balance of accounts receivable.
Peruntukan hutang ragu sebelum pelarasan mempunyai baki RM8,050. Jualan kredit
tahun semasa adalah 17% daripada jualan bersih. Kutipan akaun belum terima
RM650,000 dan akaun belum terima RM17,500 dihapuskira menggunakan akaun
peruntukan hutang ragu. Di akhir tahun kewangan, peruntukan hutang ragu
dianggarkan 2.5% atas baki akaun belum terima.

REQUIRED:
DIKEHENDAKI:

Prepare accounts for bad debt expense, accounts receivable and allowance for doubtful
debts for PU.
Sediakan akaun belanja hutang lapuk, akaun belum terima dan akaun peruntukan
hutang ragu bagi PU.

[7 ½ markah]
[7 ½ markah]

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KMP PSPM AA015 2011/2012

b) On 1 April 2011, Hanz Sdn. Bhd. (HSB) purchased a new equipment for RM285,000.
HSB received RM70,000 trade-in allowance for same type old equipment and paid in
cash. The following information regarding the old equipment: cost RM183,500; as at
31 December 2010 Accumulated Depreciation RM96,000; annual Depreciation
Expense RM12,000. Depreciation is calculated according to the month of ownership;
no depreciation charged in disposal month.
Pada 1 April 2011, Hanz Sdn. Bhd. (HSB) membeli peralatan baru RM285,000. HSB
menerima elaun tukar beli RM70,000 bagi peralatan lama yang sama jenis dan
membayar secara tunai. Maklumat berikut berkaitan peralatan lama: kos RM183,500;
pada 31 Disember 2010 susut nilai terkumpul RM96,000; susut nilai tahunan
RM12,000. Susut nilai dikira mengikut bulan pemilikan, tiada susut nilai dikenakan
pada bulan pelupusan.

REQUIRED:
DIKEHENDAKI:

(i) Prepare journal entries to record the depreciation of the current year for the old
equipment up to the date of the trade-in.
Sediakan catatan jurnal untuk merekod susut nilai tahun semasa peralatan
lama sehingga tarikh tukar beli.

(ii) Prepare journal entries to record new equipment purchases on 1 April 2011.
Sediakan catatan jurnal untuk merekod pembelian peralatan baru pada 1 April
2011.

[12 ½ marks]
[12 ½ markah]

QUESTION 2 [20 marks]
SOALAN 2 [20 markah]

(a) On 1 January 2010, Elite Sdn. Bhd. (ESB) issued a RM300,000, 8% bond. The bond
will mature on 31 December 2014. The bond interest will be paid twice a year on 1 July
and 1 January. ESB financial year ended on 31 December each year.
Pada 1 Januari 2010, Elite Sdn. Bhd. (ESB) menerbitkan bon 8% bernilai RM300,000.
Bon ini akan matang pada 31 Disember 2014. Faedah bon ini akan dibayar dua kali
setahun iaitu pada 1 Julai dan 1 Januari. Tahun kewangan ESB berakhir 31 Disember
setiap tahun.

REQUIRED:
DIKEHENDAKI:

(i) Prepare the journal entries to record the issuance of the bonds on 1 January
2010.
Sediakan catatan jurnal bagi merekod terbitan bon pada 1 Januari 2010.

(ii) Prepare the journal entries to record the interest on 1 July 2010.
Sediakan catatan jurnal bagi merekod faedah pada 1 Julai 2010.

(iii) Prepare the journal entries on 31 December 2010.
Sediakan catatan jurnal pada 31 Disember 2010.

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KMP PSPM AA015 2011/2012

(iv) Show the excerpt of Statement of Financial Position for ESB as at 31 December
2010.
Tunjukkan petikan Penyata Kedudukan Kewangan ESB pada 31 Disember
2010.
[9 ½ marks]
[9 ½ markah]

(b) Below is an excerpt of Statement of Financial Position for Perniagaan Salmah (PS) as
at 30 June 2011.
Berikut adalah petikan Penyata Kedudukan Kewangan Perniagaan Salmah (PS) pada
30 Jun 2011.

Accounts Debit (RM) Credit (RM)
Akaun Debit (RM) Kredit (RM)

Cash 89,000 23,000
Tunai 45,000
Accounts Receivable 17,500 17,000
Akaun Belum Terima 185,000 38,000
Prepaid Insurance 12,500
Insurans prabayar 100,000 268,000
Vehicles
Kenderaan 102,000
Accumulated Depreciation -Vehicles
Susut nilai terkumpul – kenderaan
Building
Bangunan
Accumulated Depreciation - Building
Susut nilai terkumpul – Bangunan
Accounts Payable
Akaun belum bayar
Unearned Revenues
Hasil belum terperoleh
Capital
Modal
Drawings
Ambilan

Additional information on 1 July 2010:
Maklumat tambahan pada 1 Julai 2010:

Total current assets RM
Jumlah aset semasa 200,000
Total non-current assets 370,000
Jumlah aset bukan semasa 105,000
Total liabilities
Jumlah liabiliti

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KMP PSPM AA015 2011/2012

REQUIRED:
DIKEHENDAKI:

Calculate:
Kirakan:
(i) Capital on 1 July 2010.

Modal pada 1 Julai 2010.

(ii) Net profit/loss for the year ended 30 June 2011.
Untung/rugi bersih bagi tahun berakhir 30 Jun 2011.

(iii) Non-current liabilities on 30 June 2011.
Liabiliti bukan semasa pada 30 Jun 2011.

[10 ½ marks]
[10 ½ markah]

END OF QUESTION PAPER
KERTAS SOALAN TAMAT

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