INSTRUCTION: This section consists of FIVE (5) structured questions. Answer ALL questions.

Transcription

1 SECTION B : 75 MARKS BAHAGIAN B : 75 MARKAH INSTRUCTION: This section consists of FIVE (5) structured questions. Answer ALL questions. ARAHAN: Bahagian ini mengandungi LIMA (5) soalan berstruktur. Jawab semua soalan. CLO1 C1 QUESTION 1 SOALAN 1 (a) Define accounting. Apakah definisi perakaunan? [2 marks] [2 markah] (b) State FOUR (4) internal users. Nyatakan EMPAT (4) pengguna dalaman. [4 marks] [4 markah] (c) List down and explain briefly THREE (3) the principles, assumptions, and constraint to accounting framework and standards. Senarai dan jelaskan TIGA (3) prinsip, andaian dan kekangan mengikut standard perakaunan. [9 marks] [9 markah] 2 SULIT

2 CLO1 C1 QUESTION 2 SOALAN 2 (a) Define Cost Accounting Apakah definisi Perakaunan Kos? [2 marks] [2 markah] (b) Explain briefly TWO (2) the importance of Cost Accounting to management. Jelaskan DUA (2) kepentingan Perakaunan Kos kepada pengurusan. [4 marks] [4 markah] (c) Explain briefly THREE (3) differences between Cost Accounting and Financial Accounting. Jelaskan TIGA (3)perbezaan antara Perakaunan Kos dan Perakaunan Kewangan. [9 marks] [9 markah] 3 SULIT

3 QUESTION 3 SOALAN 3 CLO 3 C2 a. Explain the double entry concept. [ 2 marks] Terangkan konsep catatan bergu. [2 markah] CLO 3 C3 b. State the names of the account involved for each transaction below using the following table [13 marks] Date Account to be debited Account to be credited Example: Jan 1 Cash Capital Nyatakan akaun yang terlibat untuk setiap urusniaga di bawah menggunakan jadual berikut [13 markah ] Tarikh Akaun yang perlu didebitkan Akaun yang perlu dikreditkan Contoh : Jan 1 Tunai Modal Mr. Fauzan started his business on 1 January The following are transactions for January 2010 En. Fauzan memulakan perniagaannya pada 1 Januari Berikut 4 SULIT

4 merupakan urusniaga bagi bulan Januari Jan 1 Started business by investing cash RM 500, cash in bank RM 9,500 and office equipment worth RM 3,000 as capital. Memulakan perniagaan dengan melabur tunai RM 500, tunai di bank RM 9,500 dan peralatan pejabat bernilai RM 3,000 sebagai modal. 5 Bought a van costing RM 15,000 by taking loan from ABC Bank. Membeli sebuah van berharga RM 15,000 dengan membuat pinjaman daripada Bank ABC. 9 Purchased goods worth RM 1,300 on credit from Azman Supplies. Membeli barang niaga bernilai RM 1,300 secara kredit daripada Pembekal Azman. 12 Returned defective goods worth RM 50 to Azman Supplies. Memulangkan barang rosak kepada Pembekal Azman bernilai RM Received cheques for sales worth RM 500. Menerima cek daripada hasil jualan bernilai RM Took a loan of RM 10,000 from Afnan Bank to expand the business. Membuat pinjaman, RM 10,000 daripada Bank Afnan untuk mengembangkan perniagaan. 23 Sent an invoice for RM 200 to Ali s Shop. Menghantar invois bernilai RM200 ke Kedai Ali. 26 Took home a computer valued at RM 1,000 from the shop to be used by children. Membawa balik sebuah komputer bernilai RM 1,000 dari kedai untuk kegunaan anak. 28 Paid half of debt to Azman Suppliers by cheque. Membayar separuh daripada jumlah hutang kepada Pembekal 5 SULIT

5 Azman menggunakan cek. 30 Paid monthly petrol usage of RM 300 by cheque Menbayar penggunaan petrol bulanan sebanyak RM 300 dengan cek. 31 Paid salary RM 500, utilities RM 100 and rent RM 400 by cash Membayar gaji RM 500, utiliti RM 100 dan sewa RM 400 dengan tunai 6 SULIT

6 CLO 3 C3 QUESTION 4 SOALAN 4 The table below is the trial balance of Almera Trading. Berikut adalah Imbangan Duga Almera Trading Almera Trading Trial Balance As At 31 December 2012 Descriptions / Butiran Debit (RM) Credit (RM) Sales / Jualan 198,000 Purchases / Belian 135,000 Returns / Pulangan 1,100 1,140 Carriage Inwards / Angkutan Masuk 1,230 Opening Inventory / Inventori Awal 11,350 Utility Bills / Bil Utiliti 1,250 Discount / Diskaun 1,130 1,180 Salary / Gaji 13,400 Services of motor vehicle / Servis kenderaan 1,760 Rental expenses / Belanja sewa 1,250 Debtors / Creditors Penghutang / Pemiutang 18,000 12,000 Long term loan / Pinjaman Jangka Panjang 12,000 Bank / Bank 19,700 Cash / Tunai 1,800 Motor vehicle / Kenderaan SAA 5926 D 55,000 Furniture & Fittings / Perabot & Kelengkapan 25,500 7 SULIT

7 Capital / Modal 64,950 Drawings / Ambilan 1, , ,270 Additional information: Maklumat tambahan: 1. Closing stock as at 31 st December 2012 RM 11,950 Stok akhir pada 31 Disember 2012 RM 11,950 From the information above, find: Daripada maklumat di atas dapatkan: a) Net sales / Jualan bersih [3 marks] [3 markah] b) Cost of goods sold / Kos barang dijual [6 marks] [6 markah] c) Gross profit / Untung kasar [1 marks] [1 markah] d) Net profit / Untung bersih [5 marks] [5 markah] 8 SULIT

8 QUESTION 5 The following figures are for AF Stationary Trading as at 31 December 2006: Berikut adalah jumlah daripada AF Alatulis Trading pada 31 Disember 2006: RM RM Balance Sheet data/data Kunci Kira-kira Quick assets/nisbah cepat Current assets/aset semasa 3, ,623.1 Current liabilities/liabiliti semasa 1, ,580.1 Owners equity/ekuiti pemilik ,848.9 Fixed assets/aset tetap 5, ,901.6 Income Statement data/data Penyata Pendapatan Net sales/jualan bersih 17, ,306.6 Gross profit/untung kasar 4, ,867.2 Operating income/hasil operasi 1, Net income/hasil bersih CLO2 C3 QUESTION 5a Compute the following for the year 2011 and 2012 (Round to two decimal places): SOALAN 5a Kirakan yang berikut bagi tahun 2011 dan 2012 (Bundarkan kepada dua titik perpuluhan): [10 marks] [10 markah] (a) Current ratio/nisbah semasa (b) Quick ratio/nisbah cepat (c) Gross profit margin/margin untung kasar (d) Net profit margin/margin untung bersih (e) Return on equity/pulangan ekuiti 9 SULIT

9 CLO2 C3 QUESTION 5b Comment on the trends in the liquidity and profitability measures computed in part (a). SOALAN 5b Komen tentang kecairan dan keuntungan yang dikira di bahagian (a). [5 marks] [5 markah] SOALAN TAMAT 10 SULIT