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PART A (COMPANY DETAILS)

A-1 Data Directory : Create a new data directory named VISIONACC and maintain the full set of accounting entries here. : <Exam ID + Full Name> : Sole Proprietorship : Trading : No. 23C, Jalan Lido Utama 2/3, 86000 Kluang, Johor Tel: 07-7422331 Fax: 07-7332211 : 01 July 2009 - 30 June 2010 : Purchases Book Sales Book Returns Outwards Returns Inwards Bank Book Cash Book General Journal : There are 2 types of Creditors Control, set them as: - Trade Creditors - Sundry Creditors : Start using UBS Computerised Accounting System to handle the accounting entries from 01 March 2010 : The following are the latest reports

A-2 A-3 A-4 A-5

Company Name Type Nature of Business Registered Address

A-6 A-7

Accounting Year Bathches Maintained

A-8

Creditors Group

A-9

Computerisation

A-10

Latest Report

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A-10 (a) Trial Balance Note to candidate: VISION SDN. BHD. represents your company name. Trial Balance as at 28 February 2010: Descriptions Stock as at 30 June 2009 Purchases & Sales Debtors & Creditors Capital Trading, Profit & Loss A/C Good Returns Discount Allowed Water & Electricity Telephone Charges Rental Salaries Refreshment Bank - Public Bank Berhad Cash In Hand Accrual Expenses (Refreshment) Upkeep of Motor Vehicle Upkeep of Furniture & Fittings Furniture & Fittings Provision for Depreciation - Furniture & Fittings Motor Vehicle - BEF 2360 (Cost) Provision for Depreciation - Motor Vehicle Office Equipment Provision for Depreciation - Office Equipment TOTAL: 423,400.00 20,000.00 4,000.00 423,400.00 55,000.00 10,500.00 890.00 120.00 10,000.00 2,000.00 3,500.00 800.00 3,500.00 4,500.00 12,000.00 2,290.00 1,200.00 80,000.00 16,200.00 1,200.00 Debit (RM) 35,800.00 88,200.00 89,400.00 180,000.00 91,900.00 108,000.00 20,500.00 5,300.00 Credit (RM)

4/15 A-10 (b) The debtors & creditors aging analysis report as at 28 February 2010

Debtors Azura Sdn. Bhd. Ally Antics Ltd. Drew Enterprise

Current 1 month 2 months 3 months 4 months 5 months Month 6200 6660 6300 5900 4980 8500 3500 5860 6400 3000 5800 5900 5800 5000 4700 4900

Creditors Best Com Sdn. Bhd. Dana Supreme Ltd Farisha Trading

Current 1 month 2 months 3 months 4 months 5 months Month 6700 6800 6400 7400 7300 7500 6500 5400 5800 6000 4400 8200 4900 8600

A-10 (c) Stock Value

Date

Stock Value

Opening Stock on Closing Stock on Closing Stock on Opening Stock on Opening Stock on Closing Stock on Opening Stock on Closing Stock on

01 Sept 2009 30 Sept 2009 31 Oct 2009 01 Dec 2010 01 Jan 2010 31 Jan 2010 01 Mar 2010 31 Mar 2010

RM RM RM RM RM RM RM RM

30,000.00 38,000.00 39,000.00 42,000.00 35,000.00 40,000.00 49,000.00 55,000.00

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PART B (TRANSACTIONS)
Remark : Vision SDN BHD represents your company B-1 Invoices received

Best Com Sdn. Bhd.

No 101A, Jalan Merlimau, Taman Setia, 86000 Kluang Johor

To: Date : No

Vision Sdn Bhd ############## Description 1 Item 001 2 Item 002 Qty 20 50

Invoice No

7111

Unit (RM) 1200.00 200.00

Amount 24,000.00 10,000.00 34,000.00

Signature :

rita

Dana Supreme Ltd

No 83, Jalan Tiga Belas, Taman Sri Jaya, 86300 Renggam Johor

To: Date : No

Vision Sdn Bhd ############## Description 1 Item 003 2 Item 004 Qty 70 50

Invoice No

1102

Unit (RM) 120.00 100.00

Amount 8,400.00 5,000.00 13,400.00

Signature :

SHERY

Farisha Trading
No 4B, 1st Floor, Wisma Tirai, 86200 Simpang Renggam, Johor

To: Date : No

Vision Sdn Bhd ############## Description 1 Item 003 2 Item 004 Qty 100 100

Invoice No

3900

Unit (RM) 125.00 100.00

Amount 12,500.00 10,000.00 22,500.00

Signature :

Lim

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Best Com Sdn. Bhd.

To: Date : No 1 Item 001 2 Item 002 Vision Sdn Bhd ############# Description Qty 20 50 Invoice No 7149

Unit (RM) 100.00 200.00

Amount 2,000.00 10,000.00 12,000.00

Signature :

rita Dana Supreme Ltd

To: Date : No

Vision Sdn Bhd ############# Description 1 Item 003 2 Item 004 Qty 50 50

Invoice No

1145

Unit (RM) 80.00 50.00

Amount 4,000.00 2,500.00 6,500.00

Signature :

SHERY TRIO WORLD MARKETING BHD

No. 49, Jalan Hang Tuah 5, Taman Muhibbah, 86000 Kluang Johor.

To: Date : No

Vision Sdn Bhd ############# Description 1 Item 003 2 Item 004 Qty 50 100

Invoice No

8974

Unit (RM) 100.00 30.00

Amount 5,000.00 3,000.00 8,000.00

Signature :

Dannywong

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GOH MOTORS SDN. BHD.

To: Date : No 1 Vision Sdn Bhd ############# Description Qty Invoice No 9372

Unit (RM)

Amount

Upkeep of vehicle BEF 2360 455.00

Signature :

twitoree

TOH FURNITURE SDN. BHD.

To: Date : No Vision Sdn Bhd ############# Description 1 Upkeep and service of furniture 2 Qty Invoice No 2222

Unit (RM)

Amount 200.00 0.00 200.00

Signature :

SHERY

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B-2 Invoices Sent

VISION SDN. BHD.

To: Date : No 1 DO 1234 2 DO 1235 Azura Sdn. Bhd. ############# Description Qty 30 100 Invoice No 3011

Unit (RM) 300.00 300.00

Amount 9,000.00 30,000.00 39,000.00

Signature :

Farhana

VISION SDN. BHD.

To: Date : No 1 DO 1236 2 DO 1237 Ally Antics Ltd. ############# Description Qty 700 500 Invoice No 3012

Unit (RM) 90.00 10.00

Amount 63,000.00 5,000.00 68,000.00

Signature :

Farhana

VISION SDN. BHD.

To: Date : No 1 DO 1238 2 DO 1239 Drew Enterprise ############# Description Qty 500 500 Invoice No 3013

Unit (RM) 80.00 80.00

Amount 40,000.00 40,000.00 80,000.00

Signature :

Farhana

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B-3 Debit and Cedit Notes

VISION SDN. BHD.

To: Date : Drew Enterprise ############# No: CN 0119

Description Being discount for your cash payment

Amount 100.00 100.00

Signature :

Farhana

VISION SDN. BHD.

To: Date : Dana Supreme Ltd ############# No: DN 306

Description Goods Returned (Inv 1145)

Amount 150.00 150.00

Signature :

Farhana

Farisha Trading
To: Date : VISION Sdn. Bhd. ############# No: CN129

Description Being discount for your payment of INV 2980 (Jan 2010)

Amount 250.00 250.00

Signature :

lim

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B-4 Official Receipts for the month of July:

VISION SDN. BHD.

OFFICIAL RECEIPT Date :
Received From : Payment For : Amount (RM) :

#############
Drew Enterprise Payment for Inv 3001 & Inv 3004 (Feb) Ten Thousand Six Hundred Only Cash / Cheque MBB 765930

No:

7891

RM10,600.00

Signature :

Farhana

VISION SDN. BHD.

OFFICIAL RECEIPT Date :
Received From : Payment For : Amount (RM) :

#############
Ally Antics Ltd. Payment for Inv 2999 (Jan) Four Thousand Seven Hundred Only Cash / Cheque UOB 382711

No:

7892

RM4,700.00

Signature :

Farhana

VISION SDN. BHD.

OFFICIAL RECEIPT Date :
Received From : Payment For : Amount (RM) :

#############
Azura Sdn. Bhd. Payment for Inv 3005 & Inv 3006 Ten Thousand Nine Hundred Only Cash / Cheque MBB 102934

No:

7893

RM10,900.00

Signature :

Farhana

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B-5 Payment Vouchers for the month of July:

VISION SDN. BHD.

To: Date : No 1 Mr. Lim ############# Payment Voucher 5553

Description Rental for the month of July

Amount 850.00 850.00

Signature :

Farhana

Cash / Cheque

PBB 451494

VISION SDN. BHD.

To: Date : No 1 2 Bank Simpanan Nasional ############# Payment Voucher 5554

Description Water & Electricity Telephone Charges

Amount 120.00 270.00 390.00

Cash / Cheque

Signature :

Farhana

VISION SDN. BHD.

To: Date : No 1 Radzi Advetisements ############# Payment Voucher 5555

Description Advertisements (Banner)

Amount 200.00 200.00

Signature :

Farhana

Cash / Cheque

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VISION SDN. BHD.

To: Date : No 1 Goh Motors Sdn. Bhd. ############### Description Being payment for Inv 9372 Payment Voucher 5556

Amount 455.00 455.00

Signature :

Farhana

Cash / Cheque

VISION SDN. BHD.

To: Date : No 1 Sarina bte Mazlan ############### Description Salary - July 2010 Less: EPF RM 198.00 Less: SOCSO RM 9.25 Payment Voucher 5557

Amount 1,800.00

1,592.75 Signature :

Farhana

Cash / Cheque

PBB 451495

VISION SDN. BHD.

To: Date : No 1 Best Com Sdn. Bhd. ############### Payment Voucher 5558

Description Being payment for Inv 7012 (Feb 2010)

Amount 6,000.00 6,000.00

Signature :

Farhana

Cash / Cheque

PBB 451496

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VISION SDN. BHD.

To: Date : No 1 Dana Supreme Ltd ############### Payment Voucher 5559

Description Being payment for Inv 1056 (Jan) & 1088 (Feb)

Amount 9,300.00 9,300.00

Signature :

Farhana

Cash / Cheque

PBB 451497

VISION SDN. BHD.

To: Date : No 1 Farisha Trading ############### Payment Voucher 5560

Description Being payment for Inv 1029 & 1102

Amount 16,800.00 16,800.00

Signature :

Farhana

Cash / Cheque

PBB 451498

VISION SDN. BHD.

To: Date : No 1 Toh Furniture ############### Description Being payment for Inv 2222 Payment Voucher 5561

Amount 200.00 200.00

Signature :

Farhana

Cash / Cheque

PBB 451499

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B-6

Depreciation Annual depreciatio rate for all fixed assets at the end of the financial year is 10% using straight-line method. Fixed assets depreciation values are calculated annually.

B-7

Accrual Expenses Refreshment expenses for the month of February 2010 is RM 1,200. The amount was paid on 31 March 2010 by cheque (PBB 451450).

B-8

Prepaid Expenses A prepayment rental of RM 300 was wrongly debited into Rental account.

B-9

Adjustment One of the cheques received has been bounced. The bounced cheque number is MBB 102934. Please do the adjustments on this matter.

B-10

Account Type Description Change the Sales to Income in the financial report of Trading, Profit & Loss Account.

B-11

Month-End Processing You have to perform Month-End Processing to close the account of March 2010

B-12

Backup After month-end processing, you have to backup and make sure that your backup files are readable.

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PART C (TRANSACTIONS)
Fill in the blanks by referring to your works. All answers can be obtained from various reports in your data directory of UBS Computerised Accounting System.

No. C-1 C-2 C-3 C-4 C-5

Description Cash at bank as at 31st July 2010 Gross Profit Generated from 1st Jan - 31st July 2010 Net Profit for the month of July 2010 Total Net Book Value of Fixed Asset as at 31st July 2010 Total Expenses incurred from 1st Jan - 31st July 2010

Amount (RM)

C-6

Debtors and Creditors Aging Analysis

Balance as at Current 31-07-2010 Month

Name Shen Sdn. Bhd. Ally Antics Ltd. Drew Enterprise

1month

2 months 3 months 4 months 5 months

Best Com Sdn. Bhd. Dana Supreme Ltd Farisha Trading