BBAW2103 (SAMPLE 1)

PART A / BAHAGIAN A
INSTRUCTIONS / ARAHAN
Part A contains FIVE questions. Answer ALL.
Bahagian A mengandungi LIMA soalan. Jawab SEMUA.
QUESTION / SOALAN

Marks / Markah

1. Differentiate between current and non-current assets.

Bezakan antara aset-aset semasa dan bukan semasa.
(4)
2. Describe the techniques that may be used in evaluating financial statement data.
Jelaskan teknik-teknik yang boleh digunakan dalam menilai data penyata kewangan.
(4)
3. Explain the conditions for short term investments to be considered as cash equivalent.
Terangkan keadaan-keadaan bagi pelaburan-pelaburan jangka pendek dianggapkan sebagai
kesetaraan tunai.
(4)
4. Explain the characteristics of a trading company.
Terangkan ciri-ciri bagi sebuah syarikat perdagangan.
(4)
5. Explain how First In First Out method (FIFO) affects the ending inventory value and the profit if
the prices of the inventory increase.
Terangkan bagaimana kaedah Masuk Dahulu Keluar Dahulu (MDKD) memberi kesan kepada nilai
inventori akhir dan keuntungan jika harga inventori meningkat.
(4)

BBAW2103 (SAMPLE 1)

PART B / BAHAGIAN B
INSTRUCTIONS / ARAHAN
Part B contains THREE questions. Answer TWO ONLY.
Bahagian B mengandungi TIGA soalan. Jawab DUA SAHAJA.

QUESTION / SOALAN 1

Marks / Markah

The adjusted trial balance of Delli Enterprise for the current year ended 31 December 2013 is as
below:
Delli Enterprise
Adjusted Trial Balance
as at 31 December 2013

Cash
Accounts receivable
Office supplies
Prepaid insurance
Office equipment
Accumulated depreciation Office equipment
Accounts payable
Salaries payable
Capital, Dellina
Service revenue
Depreciation expense Office equipment
Insurance expense
Office supplies expense
Rent expense
Salaries expense
Total

Debit
(RM)
310,000
90,770
220
2,500
49,600

Credit
(RM)

10,260
36,400
2,700
76,370
442,500
2,160
4,300
480
43,500
64,700
568,230

______
568,230

Required:
a)

Prepare the income statement for Delli Enterprise for the year ended 31 December 2013.
(8)

b)

Prepare the balance sheet for Delli Enterprise as at 31 December 2013.

(12)
(Total / Jumlah: 20)

BBAW2103 (SAMPLE 1)

Imbangan duga terlaras Delli Enterprise bagi tahun semasa berakhir 31 Disember 2013 adalah
seperti di bawah:
Delli Enterprise
Imbangan Duga Terlaras
pada 31 Disember 2013

Tunai
Akaun belum terima
Bekalan pejabat
Insurans prabayar
Peralatan pejabat
Peruntukan susut nilai Peralatan pejabat
Akaun belum bayar
Gaji belum bayar
Modal, Dellina
Hasil perkhidmatan
Belanja susut nilai Peralatan pejabat
Belanja insurans
Belanja bekalan pejabat
Belanja sewa
Belanja gaji
Jumlah

Debit
(RM)
310,000
90,770
220
2,500
49,600

Kredit
(RM)

10,260
36,400
2,700
76,370
442,500
2,160
4,300
480
43,500
64,700
568,230

______
568,230

Dikehendaki:
a)

Sediakan penyata pendapatan untuk Delli Enterprise bagi tahun berakhir 31 Disember 2013.

b)

Sediakan lembaran imbangan untuk Delli Enterprise pada 31 Disember 2013.

QUESTION / SOALAN 2

Marks / Markah

Control over cash disbursements is important for an organisation as most thefts occur from
payment of fictitious invoices. Discuss the main systems that can be implemented to control cash
disbursements.
(Total / Jumlah: 20)
Kawalan terhadap pembayaran tunai adalah penting untuk sebuah organisasi kerana kebanyakan
kecurian berlaku daripada pembayaran invois rekaan. Bincangkan sistem-sistem utama yang boleh
dilaksanakan untuk mengawal pembayaran tunai.

BBAW2103 (SAMPLE 1)

QUESTION / SOALAN 3

Marks / Markah

a) Financial and non-financial information are the main components in financial reporting for a
business entity. Provide some examples of non-financial information and discuss the
importance of these non-financial information.
(8)
b) Explain the financial statements that must be presented according to Malaysian Accounting
Standard Board. Briefly explain the minimum disclosures required in each of the financial
statement.
(12)
(Total / Jumlah: 20)
a) Maklumat-maklumat kewangan dan bukan kewangan adalah komponen-komponen utama di
dalam pelaporan kewangan bagi sebuah entiti perniagaan. Berikan beberapa contoh maklumatmaklumat bukan kewangan dan bincangkan kepentingan-kepentingan maklumat bukan
kewangan ini.
b) Terangkan penyata-penyata kewangan yang perlu dipersembahkan berdasarkan Lembaga
Piawaian Perakaunan Malaysia. Terangkan secara ringkas pendedahan-pendedahan minimum
yang diperlukan dalam setiap penyata kewangan.

BBAW2103 (SAMPLE 1)

PART C / BAHAGIAN C
INSTRUCTIONS / ARAHAN
Part C contains TWO questions. Answer ONE ONLY.
Bahagian C mengandungi DUA soalan. Jawab SATU SAHAJA.

QUESTION / SOALAN 1

Marks / Markah

The following information is for Trio Enterprise and its competitor Twin Enterprise:

Net sales
Cost of sales

Trio
2012
(RM)
347,850
121,747

Twin
2013
(RM)
365,418
146,167

2012
(RM)
579,750
318,862

2013
(RM)
664,395
312,265

Required:
Calculate the gross profit margin to the nearest percent, for each company and for both years.
Discuss which company had the more favourable change in the gross margin ratio over this 2 year
period.
(Total / Jumlah: 20)
Maklumat berikut adalah untuk Trio Enterprise dan pesaingnya Twin Enterprise:

Jualan bersih
Kos jualan

Trio
2012
(RM)
347,850
121,747

Twin
2013
(RM)
365,418
146,167

2012
(RM)
579,750
318,862

2013
(RM)
664,395
312,265

Dikehendaki:
Kirakan margin untung kasar kepada peratus terhampir, bagi setiap syarikat dan bagi kedua-dua
tahun. Bincangkan syarikat mana yang mempunyai perubahan yang lebih memuaskan dalam nisbah
margin kasar selama tempoh 2 tahun.

BBAW2103 (SAMPLE 1)

QUESTION / SOALAN 2

Marks / Markah

Fikri Sound Centre engaged in the following transactions during August 2014:
2014 August

3
9
12
15
18
22
25
28

Purchased inventory on credit terms of 1/10 n/eom, RM1,610, FOB shipping

point. The transportation cost of RM260 was charged and paid on the
purchase.
Returned 40% of the inventory purchased on 3 August. It was defective.
Sold inventory for cash RM920.
Purchased inventory of RM5,000. Credit terms were 3/15 n/30.
Sold inventory on credit terms of 2/10 n/30, RM2,000.
Received damaged inventory from the customer of the 18 August sale,
RM800.
Paid supplier for inventory purchased on 15 August, less the discount.
Received cash in full settlement of the account from the customer who
purchased inventory on 18 August, less the return on 22 August.

Prepare the journal entries for the above transactions using Periodic Inventory System
(Total / Jumlah: 20)
Fikri Sound Centre terlibat dalam urus niaga-urus niaga berikut sepanjang Ogos 2014:
2014 Ogos
3
9
12
15
18
22
25
28

Membeli inventori secara kredit dengan syarat kredit 1/10 n/hujung bulan,
RM1,610, FOB titik perkapalan. Kos pengangkutan RM260 telah dicaj dan
dibayar atas belian tersebut.
Pulangkan 40% inventori yang dibeli pada 3 Ogos. Ianya telah rosak.
Menjual inventori secara tunai sebanyak RM920.
Membeli inventori sebanyak RM5,000. Syarat kredit adalah 3/15 n/30.
Menjual inventori dengan syarat kredit 2/10 n/30, RM2,000.
Menerima inventori yang rosak daripada pelanggan daripada jualan pada 18
Ogos, RM800.
Membayar pembekal bagi inventori yang dibeli pada 15 Ogos, tolak diskaun.
Menerima tunai bagi bayaran penuh daripada akaun pelanggan yang membeli
inventori pada 18 Ogos, tolak pulangan pada 22 Ogos.

Sediakan catatan-catatan jurnal bagi urus niaga-urus niaga di atas dengan menggunakan Sistem
Inventori Berkala.
END OF QUESTION PAPER / KERTAS SOALAN TAMAT