FACULTY OF BUSINESS MANAGEMENT

UITM MELAKA


ACC 106

TITLE:
BEAUTY VIBES BOUTIQUE


PREPARED BY :
SITI NUR DIYANAH BT NOR HISAM (2013399913)
NUR ANIS IZZATI BT SOLIHUDDIN (2013133501)
NURLIYUNA SHUHADA BT NOOR AZMAN (2013761675)
KHAIRUNNISA BT ABD WAHAB (2013573153)


PREPARED FOR:
MADAM NURUL AYUNI BT AHMAD JEMADI


11 MARCH 2014


TABLE OF CONTENT

PROPOSAL


BUSINESS ACTIVITY BEAUTY VIBES BOUTIQUE
OWNERS NAME NURDEEYUNA ANISA BT ABDULLAH
LOCATION OR ADRESS PLAZA MONT KIARA 2 JALAN KIARA,
50480 KUALA LUMPUR, MALAYSIA.
BUSINESS TYPE BEAUTY CARE
ACCOUNTING PERIOD 1
st
JANUARY 2014 TO 31
st
JANUARY 2014
DURATION 1 MONTHS
BUSINESS CAPITAL RM150 000
NUMBER OF EMPLOYEES ONE EMPLOYEE
TYPE OF BUSINESS SOLE PROPRIETORSHIP
NAME OF BANK AND ADRESSES BANK ISLAM, JALAN KIARA, KUALA
LUMPUR
ACCOUNT NUMBER 1234567891098


BUSINESS LOGO


INTRODUCTION TO BUSINESS
Beauty Vibes Boutique was set up in 1
st
January 2014. The boutique located at Plaza Mont
Kiara 2, Jalan Kiara, 50480 Kuala Lumpur, Malaysia. The business is owned by NurDeeyuna
Anisa Bt Abdullah. The business is conducted by myself, NurDeeyuna Anisa Bt Abdullah and
assisted by one employee named Siti. Ive started the business with capital of RM150000. I
sells beauty care product.
I choose When Only The Best Will Do as my business tagline because it defines how earnest
this products are. The reasons why I choose this type of business is because nowadays, in this
modern era, women or men, teenage girls or boys should looked neat, healthy and competent.
Besides that, lot of other beauty care products are expensive and could not be afford, but with
my products, they can have it on affordable price.
The speciality of my products are, it is affordable and spectacular quality. Beauty Vibes
Boutique is inferior to let everyone knows the secret recipe of being natural and healthy from
head to toe. Besides, products from Beauty Vibes Boutique are limited and organic made, no
chemical used. Not only that, with my products, now everyone can be beautiful. Beauty at your
fingertips. The location of my boutique is also strategic as it is located at the city centre and
located in the new building that will bring comfort to customers.
The possible risk of my business could be faced is that the products might not be suitable for
all customers skin. Besides that, new competition exists within our location. Last but not least,
I as a business owner may also incur losses if such case happened.

TRANSACTIONS

DATE T TRANSACTION
JAN 1

JAN 1

JAN 3

JAN 3

JAN 5

JAN 6

JAN 8

JAN 9

JAN 9

JAN 10

JAN 12
JAN 12
JAN 14

JAN 15

JAN 16

JAN 18
JAN 19

JAN 19
JAN 20

JAN 20

JAN 21
JAN 23
JAN 24

JAN 25
JAN 27
JAN 28
JAN 29
Start business by depositing RM 80 000 into the bank account
and RM 20 000 cash in hand.
Owner brought in a vehicle costing RM 50 000 into the
business.
Bought 1 display rack costing RM 1000 and 2 storage racks
costing RM3000 by cheque from The Furniture.
Purchased 25 set of face care products from The Face Shop
Supplier for RM5000 cash.
Purchased 50 set of body lotion worth RM4000 on credit to
the The Body Shop.
Returned 3 set of faulty face care products to the The Face
Shop Supplier worth RM600.
Sold 2 set of face care products to Miss Liyuna on credit
amounting RM400.
Bought 30 set of hair treatment oil from Head-To-Toe
Retailer by cash RM1050.
Sold 15 set of body lotion and 5 set of hair treatment oil to
Mega Shoppe on credit amounting RM1375.
Owner took cash RM500 for personal use.
Received cheque from Mega Shoppe RM1000.
Paid RM3000 to The Body Shop by cheque and RM1000 by
cash.
Purchased 20 set of lipsticks by cheque amounting RM700
from Beauty Shop.
Make cash sales of 10 set body lotion and 7 set of lipsticks
worth RM1045 to Datin Faridah.
Received cash amounting RM400 from Miss Liyuna.
Bought stationaries from The Pen and Cils RM100 cash for
business used.
Datin Faridah returned 1 set of body lotion RM80.
Purchased 25 set of fragrance from One Drop Perfumes on
credit amouting RM250.
Sold 2 set of lipsticks and 1 set of face care products on credit
worth RM270 to Puan Anis.
Paid utilities bills RM200 by cash.
Received cash from Puan Anis RM270.
Make cash sales of 5 set of fragrance amounting RM50 from
Miss Nina.
Sold 2 set of hair treatment oil and 2 set of body lotion to
Yana Enterprise worth RM230 by cheque.
Paid rent by cheque worth RM500.
Paid salary by cash RM1000 to Siti.
Sold 1 set of face care products to Nisa RM200 by cheque.
Received rent from Haziq amounting RM150 by cheque.


JOURNAL ENTRIES
DATE JOURNAL ENTRIES RM
01-Jan Dr Bank RM 80 000
Dr Cash RM 20 000
Cr Capital RM 100 000
01-Jan Dr Vehicle RM 50 000
Cr Capital RM 50 000
03-Jan Dr Furniture RM 4000
Cr Bank RM 4000
03-Jan Dr Purchase RM 5000
Cr Cash RM 5000
05-Jan Dr Purchase RM 4000
Cr The Body Shop RM 4000
(Account payable)
06-Jan Dr Cash RM 600
Cr Return Outwards RM 600
08-Jan Dr Miss Liyuna RM 400
(Account receivable)
Cr Sales RM 400
09-Jan Dr Purchase RM1050
Cr Cash RM 1050
09-Jan Dr Mega Shoppe RM1375
(Account receivable)
Cr Sales RM1375
10-Jan Dr Drawings RM 500
Cr Cash RM 500
12-Jan Dr Bank RM 1000
Cr Mega Shoppe RM 1000
(Account receivable)
12-Jan Dr The Body Shop RM 4000
(Account payable)
Cr Bank RM 3000
Cr Cash RM 1000
14-Jan Dr Purchase RM 700
Cr Bank RM 700
15-Jan Dr Cash RM 1045
Cr Sales RM 1045
16-Jan Dr Cash RM 400
Cr Miss Liyuna RM 400
(Account receivable)
18-Jan Dr Stationeries RM 100
Cr Cash RM 100
19-Jan Dr Return Inward RM 80
Cr Cash RM 80
19-Jan Dr Purchase RM 250
Cr One Drop Perfumes RM 250
(Account payable)
20-Jan Dr Puan Anis RM 270
(Account receivable)
Cr Sales RM 270
20-Jan Dr Utilities bills RM 200
Cr Cash RM 200
21-Jan Dr Cash RM 270
Cr Puan Anis RM 270
(Account receivable)
23-Jan Dr Cash RM 50
Cr Sales RM 50
24-Jan Dr Bank RM 230
Cr Sales RM 230
25-Jan Dr Rent RM 500
Cr Bank RM 500
27-Jan Dr Salary RM 1000
Cr Cash RM 1000
28-Jan Dr Bank RM 200
Cr Sales RM 200
29-Jan Dr Bank RM 150
Cr Rent RM 150


LEDGERS
CAPITAL ACCOUNT


2014
Jan 1 Bank

RM80,000

Jan 1 Cash

RM20,000

Jan 1 Vehicles

RM50,000
2014
Jan 31 Balance c/d RM150,000


RM150,000

RM150,000

Feb 1 Balance b/d RM150,000



BANK ACCOUNT
2014
Jan 1 Capital

RM80,000
2014
Jan 3 Furniture

RM4,000
Jan 12 Mega Shoppe RM1,000 Jan 12 The Body Shop RM3,000

(account
receivable)

(account payable)

Jan 24 Sales

RM230 Jan 14 Purchase

RM700
Jan 28 Sales

RM200 Jan 25 Rent

RM500
Jan 29 Rent

RM150


Jan 31 Balance c/d RM73,380

RM81,580

RM81,580
Feb 1 Balance b/d RM73,380




CASH ACCOUNT
2014
Jan 1 Capital

RM20,000
2014
Jan 3 Purchase

RM5,000
Jan 6 Return Outward RM600 Jan 9 Purchase

RM1,050
Jan 15 Sales

RM1,045 Jan 10 Drawings

RM500
Jan 16 Miss Liyuna RM400 Jan 12 The Body Shop RM1,000

(account
receivable)

(account payable)

Jan 21 Puan Anis RM270 Jan 18 Stationeries RM100

(account
receivable) Jan19 Return Inward RM80
Jan 23 Sales

RM50 Jan20 Utilities Bills RM200

Jan27 Salary

RM1,000

Jan 31 Balance c/d RM13,435

RM22,365

RM22,365
Feb 1 Balance b/d RM13,435




VEHICLE ACCOUNT
2014
Jan 1 Capital

RM50,000



2014
Jan 31 Balance c/d RM50,000

RM50,000

RM50,000
Feb 1 Balance b/d RM50,000




FURNITURE ACCOUNT
2014
Jan 3 Bank

RM4,000



2014
Jan 31 Balance c/d RM4,000

RM4,000

RM4,000
Feb 1 Balance b/d RM4,000




PURCHASE ACCOUNT
2014
Jan 3 Cash

RM5,000

Jan 5 The Body Shop RM4,000


(account payable)

Jan 9 Cash

RM1,050

Jan 14 Bank

RM700

Jan 19
One Drop
Perfumes RM250


(account payable)



2014
Jan 31 Balance c/d RM11,000

RM11,000

RM11,000
Feb 1 Balance b/d RM11,000




THE BODY SHOP (ACCOUNT PAYABLE)
2014
Jan 12 Bank

RM3,000
2014
Jan 5 Purchase

RM4,000
Jan 12 Cash

RM1,000





RM4,000

RM4,000






RETURN OUTWARD ACCOUNT


2014
Jan 6 Cash

RM600


2014
Jan 31 Sales

RM600


RM600

RM600

Feb 1 Balance b/d RM600




MISS LIYUNA (ACCOUNT RECEIVABLE)
2014
Jan 8 Sales

RM400
2014
Jan 16 Cash

RM400







RM400

RM400




SALES ACCOUNT


2014
Jan 8 Miss Liyuna RM400

Jan 9 Mega Shoppe RM1,375



(account
receivable)


Jan 15 Cash

RM1,045

Jan 20 Puan Anis RM270



(account
receivable)


Jan 23 Cash

RM50

Jan 24 Bank

RM230

Jan 28 Bank

RM200
2014
Jan 31 Balance c/d RM3,570


RM3,570

RM3,570

Feb 1 Balance b/d RM3,570






MEGA SHOPPE (ACCOUNT RECEIVABLE)
2014
Jan 9 Sales

RM1,375
2014
Jan 12 Bank

RM1,000

Jan 31 Balance c/d RM375

RM1,375

RM1,375
Feb 1 Balance b/d RM375





DRAWINGS ACCOUNT
2014
Jan 10 Cash

RM500



2014
Jan 31 Balance c/d RM500

RM500

RM500
Feb 1 Balance b/d RM500





STATIONERY ACCOUNT
2014
Jan 18 Cash

RM100



2014
Jan 31 Balance c/d RM100

RM100

RM100
Feb 1 Balance b/d RM100





RETURN INWARD ACCOUNT
2014
Jan 19 Cash

RM80



2014
Jan 31 Balance c/d RM80

RM80

RM80
Feb 1 Balance b/d RM80





ONE DROP PERFUMES (ACCOUNT PAYABLE)


2014
Jan 19 Purchase

RM250


2014
Jan 31 Balance c/d RM250

RM250

RM250

RM250

Feb 1 Balance b/d RM250



PUAN ANIS (ACCOUNT RECEIVABLE)
2014
Jan 20 Sales

RM270
2014
Jan 21 Cash

RM270




RM270

RM270



UTILITIES BILLS ACCOUNT
2014
Jan 20 Cash

RM200



2014
Jan 31 Balance c/d RM200

RM200

RM200
Feb 1 Balance b/d RM200




RENT ACCOUNT
25-Jan-
14 Bank

RM500 29-Jan-14 Bank

RM150

31-Jan-14 Balance c/d RM350

RM500

RM500
1-Feb-
14 Balance b/d RM350




SALARY ACCOUNT
2014
Jan 27 Cash

RM1,000



2014
Jan 31 Balance c/d RM1,000

RM1,000

RM1,000
Feb 1 Balance b/d RM1,000




TRIAL BALANCE

BEAUTY VIBES BOUTIQUES TRIAL BALANCE AS AT 31
st
JANUARY 2014
DETAILS DEBIT (RM)
CREDIT
(AMOUNT)
CAPITAL

150,000
BANK 73,380

CASH 13,435

VEHICLE 50,000

FURNITURE 4,000

PURCHASE 11,000

SALES

3,570
RETURN OUTWARD

600
MEGA SHOPPE (ACCOUNT RECEIVABLE) 375

DRAWINGS 500

STATIONERY 100

RETURN INWARD 80

ONE DROP PERFUMES (ACCOUNT PAYABLE)

250
UTILITIES BILLS 200

RENT 350

SALARY 1000

TOTAL 154,420 154,420