2010 Yr 9 POA Ans
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Transcript of 2010 Yr 9 POA Ans
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Y e a r
9 PRINCIPLES OF ACCOUNTS
Exercise: Classification of Accounts
Premises Real
Capital PersonalDrawings PersonalInterest NominalMc Donald PersonalBuilding RealMachinery RealSalaries NominalUnitec Co. PersonalCash RealRent and rates Nominal
Au Ba!ar Personal
Ad"ertising NominalMotor repairs Nominal#i$tures and %ittings Real#urniture Real
AccountDebited
AccountCredited
& Purchased goods %rom 'ina Purchases 'ina( Commission recei"ed in cash Cash Commission Rec) Rent paid in cash Rent Cash* Cash sales Cash Sales+ Insurance paid in cash Insurance Cash, Cash purchase o% a deli"ery "an Motor -ehicles Cash Payment o% o%%ice e/uipment in cash 0%%ice e/uipment Cash1 2oods returned y Ramadhan Sales Return Ramadhan3 2oods drawn out y proprietor %or own use Drawings Purchases&4 Credit purchases o% machinery %rom A"is 'td Machinery A"is 'td
&& Bought %i$tures on credit %rom Ayu #i$tures Ayu&( Return goods to Naseer Naseer Purchases Return&) Miscellaneous e$penses paid in cash Miscellaneous 5$ps Cash&* Cash rought in y owner as capital Cash Capital&+ Interest on loan6 paid y che/ue Interest on loan Ban!&, Discount allowed to uyer6 Arthur Discount allowed Arthur & Carriage paid in cash Carriage Cash
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9 PRINCIPLES OF ACCOUNTS&1 Discount recei"ed %rom Aminatul 'td Aminatul 'td Discount Rec&3 7ithdraw goods %or personal use Drawings Purchases(4 8oo! out money %rom an! account %or own use Drawings Ban!
Exercise AMatch with the correct answers9
&.
A %inancial acti"ity o% a usiness is calleda:::::::::::: ::::
Business entityconcept
(.
8he process o% recording usiness transactions iscalled :::oo!;!eeping :::::
Prudence Concept
).
8he process o% recording6 classi%ying6 analy<ing andinterpreting usiness data is called
:::::::accounting:::::
Boo!;!eeping
*
.
8he concept which de%ines usiness and owner as
separate entities is called ::::::usiness entityconcept::::::
Accounting periods
+.
8he concept which assumes that a usiness willoperate inde%initely is the :::::::2oing concernconcept:::::::
transaction
,.
8he concept which does not o"erstate pro%its andassets is the :::Prudence concept::::
Consistency Concept
.
8he concept which maintains the same methods andpractices %or all accounting periods is the
::::Consistency Concept :::::
2oing concernconcept
1.
#inal accounts are prepared at %i$ed inter"als called ::::::Accounting periods ::::
accounting
Exercise B
&= c(= )= a*= += d,= a= d1= d3= a
&4=d
MULTIPLE-CHOICE UE!TIO"!
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Y e a r
9 PRINCIPLES OF ACCOUNTS
&. d(. c). d*. d
Exercise A
Exercise B
A!!ET! LIABILITIE! O#"E$%! EUIT&&. >)46444 >&46444 ' ()*+***(. >146444 ' (,+*** >)+6444). ' (./+*** >&16444 >,46444
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O0ner%s In1est2ent#3at t3e businessO0es
#3at t3e businessO0ns
0wner?s 5/uity'iailities Asset
T45e: Cash Non;Cash
Classification: 'ong;term 'iailities Current 'iailities
Classification: #i$ed Assets Current Assets
!ources of 6inance: Personal Sa"ings Ban! 'oans Borrowings %rom
%riends
Exa25les: 'oans Creditors Ban! 0"erdra%t
Exa25les: Premises Cash Detors Stoc!
Accountin7 E8uation:
05 @ A ; '
Accountin7 E8uation:
' @ A ; 05
Accountin7 E8uation:
A @ ' 05
$elations3i5 0it3 Ex5enses and $e1enues
Re"enues increase0wner?s 5/uity
5$penses decrease0wner?s 5/uity
5$penses increaseliailities
Re"enues decreaseliailities
Re"enues increaseassets
5$penses decreaseassets
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Y e a r
9 PRINCIPLES OF ACCOUNTS*. >++6444 >&,6444 ' (9+***+. ' (;**+*** >)46444 >46444,. >346444 >)*6++4 ' (+,*
Exercise C#rom the in%ormation gi"en elow6 calculate the owner?s e/uity as at )& Decemer (44,9
>Cash in hand
DetorsCreditorsBan! 0"erdra%tStoc!Motor -ehicles0%%ice 5/uipment'oan %rom an!Premises
&6+44
+6,44,6144&6144
(46444)46444&46444&+6444+46444
Exercise D
State whether the %ollowing is aan
CurrentAsset
Fixed Asset CurrentLiability
Long-termLiability
Expense Income
&. Land and buildin7 #i$ed asset &&. #a7es or salaries 5$pense(. Creditor Current liaility &(. Purc3ases 5$pense). !ales Income &). Discount recei1ed Income*. !toc< Current Asset &*. Discount allo0ed 5$pense+. $ent Pa4able 5$pense &+. Cas3 in 3and Current Asset,. Ad1ertisin7 5$pense &,. Cas3 at ban< Current Asset
. Debtors Current Asset &. Ban< o1erdraft Current 'iaility1. Loan 'ong;term 'iaility &1. Pre2ises #i$ed Asset3. Electricit4 5$pense &3. $ent recei1ed Income&4
.
6urniture #i$ed Asset (4. Insurance 5$pense
Exercise E 9 Accounting period9
Len7t3of accountin7 5eriod
Be7innin7of accountin7 5eriod
Endof Accountin7 5eriod
One 2ont3 & #eruary (44, ' )/ 6ebruar4 )**=uarter of a 4ear ' ; Marc3 )**= )& May (44,Half a 4ear & anuary (44, ' 9* >une )**=One 4ear & Septemer (44, ' 9; Au7ust )**.
Exercise 6: 5%%ects o% transactions on the Accounting 5/uation9
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7or!ing9
05 @ Assets 'iailities @ E&+44+,44(4444)4444&4444 +4444= E,144&144&+444= @ >3)+44
Owner’s equity = _____$93 500_____
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Y e a r
9 PRINCIPLES OF ACCOUNTS
8RANSAC8I0NS5##5C8S 0N
Assets 'iailities 0wner?s 5/uity
; ; ;
&. Bought goods >(6444on credit.
>(6444 >(6444
(. Repaid loan >16444 yche/ue.
>16444 >16444
). Paid insurance >+44y che/ue
>+44 >+44
*. Recei"ed che/ues>(+4 %or commission
>(+4 >(+4
+. Bought machinery>&6444 y cash
>&6444 >&6444
,. Paid creditor >(6444 yche/ue
>(6444 >(6444
Exercise ?: 5%%ects o% transactions on the Accounting 5/uation9
8RANSAC8I0NS5##5C8S 0N
Assets 'iailities 0wner?s 5/uity
; ; ;
&. Started usiness with>+46444 cash
>+46444 >+46444
(. Paid cash >*46444 intothe an!
>*46444 >*46444
). Bought %urniture>+6444 on credit
>+6444 >+6444
*. Purchased motor "an%or >&(6444 paying yche/ue
>&(6444 >&(6444
+. Paid rent >+44 yche/ue
>+44 >+44
,. Recei"ed cash >&(4%or commission
>&(4 >&(4
Exercise H
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9 PRINCIPLES OF ACCOUNTS
A!!ET! LIABILITIE! O#"E$%!EUIT&
Cas3 OfficeE8ui52ent
6urniture Debtors Creditors Loan Ca5ital
a. >+46444 >+46444. >*6444 >*6444c. >(6444 ;>(6444
d. ;>&6444 ;>&6444e. ;>144 ;>144%. >&6+44 >&6+44g. ;>&6144 ;>&6144h. >&6*+4 ;>&6*+4i. ;>)44 ;>)44
F. >&46444 >&46444
Exercise I9 Multiple;Choice Guestions
&= B(= A)= C*= C
+= B,= D= C1= B3= D&4=D
Exa25le
Dr Cas3 Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
un & Balance d +44 un ( Purchases (+4 Sales &+4 * 8ransport &4
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Y e a r
9 PRINCIPLES OF ACCOUNTS(+ Sales (44 (4 Purchases &14
(1 7ages 14)4 Intel. Co )+4)4 Rates (+)4 Balance cd &,4
&644 &644
uly & Balance d &,4
Exercise9
Dr Cas3 Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Aug & Balance d )34 Aug ( Purchases ++4+ Sales 14+ Rent )+&
&+ Sales ,+1 3 8elephone &+1( Sales +3 &1 7ages +4
(+ Purchases *4*(1 7ater and light )+)& Balance cd )1(
(6*+4 (6*+4
Sep & Balance d )1(
E@E$CI!E A
a= 8he owner Danny introduced >)46444 cash into usiness.
Dr Cas3 Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Capital )46444
Dr Ca5ital Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Cash )46444
= Bought a second hand "an %or >&16444 cash.
Dr Motor e3icles Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Cash &16444
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Y e a r
9 PRINCIPLES OF ACCOUNTS
Dr Cas3 Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Motor -ehicles &16444
c= Paid creditors 5!hwan >)6444 y che/ue.
Dr E<30an Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Ban! )6444
Dr Ban< Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
5!hwan )6444
d= Bought a computer %rom Beseller Sdn Bhd >+6444 on credit.
Dr Office E8ui52ent Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Beseller Sdn Bhd +6444
Dr Beseller !dn B3d Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
0%%ice 5/uipment +6444
e= 8he owner Sa?adatul withdrew >&6(44 cash %or own use.
Dr Dra0in7s Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Cash &6(44
Dr Cas3 Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Drawings &6(44
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Y e a r
9 PRINCIPLES OF ACCOUNTS%= Bought goods >16444 %or cash.
Dr Purc3ases Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Cash 16444
Dr Cas3 Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Purchases 16444
g= Bought goods %rom Sya!irah >&6+44 on credit.
Dr Purc3ases Account Cr
Date Particular #olio Amount
>
Date Particular #olio Amount
>Sya!irah &6+44
Dr !4a<ira3 Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Purchases &6+44
h= Returned goods to Sya!irah >&44.
Dr !4a<ira3 Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Purchases Return &44
Dr Purc3ases $eturn Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Sya!irah &44
i= Sold goods >&6444 to A/ilah on credit.
Dr A8ila3 Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
Sales &6444
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Y e a r
9 PRINCIPLES OF ACCOUNTS
Dr !ales Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
A/ilah &6444
E@E$CI!E BComplete the %ollowing tale y stating the account to e deited or credited.
T$A"!ACTIO"! ACCOU"TDEBITED
ACCOU"TC$EDITED
&. Commenced usiness with cash Cash Capital
(. 8he usiness ought Machinery paid yche/ue
Machinery Ban!
). 8he usiness ought %urniture %rom#ranmi$ 'td
#urniture #ranmi$ 'td
*. Recei"ed cash %rom detor6 Haim Cash Detor9 Haim
+. Paid creditor6 Ri%?ah6 y che/ue Creditor9 Ri%?ah Ban!
,. 8he owner rought in cash as additionalcapital
Cash Capital
. 8he owner rought in his "an %or usinessuse
Motor "ehicles Capital
1. Sold old o%%ice %urniture to Ha!i Ha!i #urniture
3. 8rans%erred cash %rom the usiness to thean!
Ban! Cash
&4. 7ithdrew cash %rom the an! %or o%%iceuse
Cash Ban!
&&. 7ithdrew cash %or personal use Drawings Cash
&(. Ban! into the usiness account a loanotained %rom Baiduri Ban!.
Ban! 'oan
MO$E E@E$CI!E! O" DOUBLE E"T$&
DOUBLE E"T$&: E@E$CI!E ;Ite2 Transactions Ac Debited Ac Credited
&. 0wner rought in additional cash as capital Cash Capital
(. Cash purchases Purchases Cash
). Paid insurance y che/ue Insurance Ban!
*. Sold goods on credit to Ra<ali Detor9 Ra<ali Sales
+. Recei"ed cash %rom 'ee6 the detor Cash Detor9 'ee
,. Bought deli"ery "an %or usiness y che/ue Motor -ehicles Ban!
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Y e a r
9 PRINCIPLES OF ACCOUNTS. 0wner withdrew goods %or personal use Drawings Purchases
1. Recei"ed che/ue as commission Ban! Commission
DOUBLE E"T$&: E@E$CI!E )Ite2 Transactions Ac Debited Ac Credited
&. Rina started usiness with >(6444 cash. Cash Capital
(. Sold goods to customer on credit Detor Sales). Paid rent y che/ue Rent Ban!*. Sold motor "an to Mira Mira Motor -ehicles+. A<im paid cash %or the amount he owed Cash Detor9 A<im,. Bought %urniture y cash #urniture Cash. 'i<a6 the owner too! cash %or personal use Drawings Cash1. Recei"ed salary y che/ue Ban! Salaries
DOUBLE E"T$&: E@E$CI!E 9Ite2 Transactions Ac Debited Ac Credited
&. Recei"ed che/ue %or capital Ban! Capital(. Cash sales Cash Sales
). Purchase goods %rom 7iwi y che/ue Purchases Ban!*. Sold e/uipment to Haim Haim 5/uipment+. A<im paid cash a%ter sales Cash Sales,. Bought computer y cash %or o%%ice use 0%%ice 5/uipment Cash. 8he owner too! goods %or personal use Drawings Purchases1. Paid water ill y che/ue 7ater Bills Ban!
DOUBLE E"T$&: E@E$CI!E ,Ite2 Transactions Ac Debited Ac Credited
&. Paid cash %or goods ought Purchases Cash(. Paid cash %or purchase o% machinery Machinery Cash). Paid electricity y che/ue 5lectricity Ban!
*. Bought motor "an %rom Shasha Motor -ehicles Shasha+. Paid cash %or the amount he owed to creditor Creditor Cash,. Sold goods and recei"ed a che/ue Ban! Sales. Sold goods to A/ilah on credit A/ilah Sales1. Bought goods on credit Purchases Creditor
DOUBLE E"T$&: E@E$CI!E Ite2 Transactions Ac Debited Ac Credited
&. Mawar rought in additional cash as capital Cash Capital(. 8rans%er cash into an! Ban! Cash). Paid rent y che/ue Rent Ban!*. Sold goods on credit to 5dward Detor9 5dward Sales+. Recei"ed cash as commission Cash Commission,. Bought premises %or usiness y che/ue Premises Ban!. 0wner withdrew goods %or personal use Drawings Purchases1. Cash purchases Purchases Cash
DOUBLE E"T$&: E@E$CI!E =Ite2 Transactions Ac Debited Ac Credited
&. Richard started usiness with >)6444 cash. Cash Capital(. Sold goods to Mi<al on credit Detor9 Mi<al Sales). Paid salary y che/ue Salary Ban!*. Sold %urniture to Nee<a Nee<a #urniture
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Y e a r
9 PRINCIPLES OF ACCOUNTS+. 'ee< paid cash %or the amount she owed Cash Detor9 'ee<,. Bought %urniture on credit %rom #ashion Co #urniture #ashion Co. 8he owner too! cash %or personal use Drawings Cash1. Recei"ed commission y che/ue Ban! Commission
DOUBLE E"T$&: E@E$CI!E .Ite2 Transactions Ac Debited Ac Credited
&. Bought computer %or o%%ice use y cash 0%%ice e/uipment Cash
(. Purchased shop %ittings y che/ue Shop #ittings Ban!). Purchase typewriter y che/ue 0%%ice 5/uipment Ban!*. Sold o%%ice e/uipment to Hi/ah Hi/ah 0%%ice e/uipment+. Returned goods a%ter purchase Creditor Return 0utwards,. Recei"ed damaged goods returned y customer Returns Inwards Detor . 8he owner too! goods %or personal use Drawings Purchases1. Paid %or stationery ought y che/ue Stationery Ban!
E@E$CI!E C
Dr Cas3 Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an & Balance d &46444 an ) Purchases )6(*+1 Sales (6*44 * Rent 144
(& Sales &6(+4 (* 2eneral 5$penses *44)& Shahmi (44 (1 7ages &6(44)& Commission Recei"ed ++4 )4 Amir Sons &6444
)& Insurance )+4)& Balance cd 6*4+
&*6*44 &*6*44
#e & Balance d 6*4+
Dr !3a32i Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an &( Sales *+4 an &, Sales Returns &44)& Cash (44)& Balance cd &+4
*+4 *+4
#e & Balance d &+4
Dr A2ir !ons Account Cr Date Particular #olio Amount
>Date Particular #olio Amount
>an &3 Purchases Returns &+4 an &) Purchases &6,4
)4 Cash &6444)& Balance cd +(4
&6,4 &6,4
#e & Balance d +(4
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Y e a r
9 PRINCIPLES OF ACCOUNTSDr !ales Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an 1 Cash (6*44&( Shahmi *+4(& Cash &6(+4
Dr Purc3ases Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an ) Cash )6(*+&) Amir Sons &6,4
Dr Purc3ases $eturns Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an &3 Amir Sons &+4
Dr !ales $eturns Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an &, Shahmi &44
Dr $ent Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an * Cash 144
Dr ?eneral Ex5enses Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an (* Cash *44
Dr #a7es Account Cr
Date Particular #olio Amount
>
Date Particular #olio Amount
>an (1 Cash &6(44
Dr Insurance Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an )& Cash )+4
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Y e a r
9 PRINCIPLES OF ACCOUNTS
Dr Co22ission $ecei1ed Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an )& Cash ++4
E@E$CI!E D
Dr Cas3 Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an & Capital +46444 an ) 0%%ice e/uipment +6444(+ Shadri (44 &4 NB8 Sdn Bhd &46444
&( Jigh;8ech 'td &6(44)& NB8 Sdn Bhd (6444)& Drawings )44
)& Balance cd )&644+46(44 +46(44
#e & Balance d )&644
Dr Ca5ital Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an & Cash +46444
Dr Dra0in7s Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an )& Cash )44
Dr !3adri Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an &+ 0%%ice e/uipment ,44 an (+ Cash (44)& Balance cd *44
,44 ,44
#e & Balance d *44
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Y e a r
9 PRINCIPLES OF ACCOUNTS
Dr Office E8ui52ent Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an ) Cash +6444 an &+ Shadri ,44+ Jigh;8ech 'td (6444 )& Balance cd 16*44
(4 Jigh;8ech 'td (6444
36444 36444#e & Balance d 16*44
Dr Motor e3icles Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an &4 NB8 Sdn Bhd (46444 an )& Balance cd (46444
(46444 (46444
#e & Balance d (46444
Dr Hi73-Tec3 Ltd Account Cr
Date Particular #olio Amount>
Date Particular #olio Amount>
an &( Cash &6(44 an + 0%%ice 5/uipment (6444)& Balance cd (6144 (4 0%%ice 5/uipment (6444
*6444 *6444
#e & Balance d (6144
Dr "BT !dn B3d Account Cr Date Particular #olio Amount
>Date Particular #olio Amount
>an )& Cash &46444 an &4 Motor -ehicles (46444
Cash (6444)& Balance cd 16444
(46444 (46444
#e & Balance d 16444
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Y e a r
9 PRINCIPLES OF ACCOUNTSE@E$CI!E E
T$A"!ACTIO" ACCOU"T!I"OLED
T&PE O6ACCOU"T!
E66ECT! or
LED?E$ E"T$&Debit
(Credit
(
&. Bought goods %or cash>)6444
Purchases6Cash
5$pense Asset
)6444)6444
(. Recei"ed che/ues %orcash sales >+6444
Ban!6Sales
AssetRe"enue
+6444+6444
). Paid wages y che/ues>(6+44
7ages6Ban!
5$pense Asset
(6+44(6+44
*. Paid cash %or generale$penses >&14
2eneral 5$p6Cash
5$pense Asset
&14&14
+. Recei"ed che/ues>*6+44 %or commission
Ban!6Commission
Recei"ed
AssetRe"enue
*6+44*6+44
,. Bought goods %or >(6444%rom I<<a Co. on credit
Purchases6Creditor9 I<<a
Co.
5$pense'iaility
(6444(6444
. Returned goods worth>&44 to I<<a Co. ecauseo% wrong speci%ication.
Creditor9I<<a Co.6
PurchasesReturn
'iaility
5$pense
&44
&44
1. Sold goods %or >)6,44 to A%i/ Brothers on credit
Detor9 A%i/Brothers6
Sales
Assets
Re"enue
)6,44
)6,443. A%i/ Brothers returned
de%ecti"e goods worth>*44
Sales return6
Detor9 A%i/Brother
Re"enue
Asset
*44
*44
&4. Paid interest on loans>,44 y che/ue.
Interest onloan6Ban!
5$pense
Asset
,44
,44
E@E$CI!E 69 Multiple;choice Guestions
&= a(= c)= d
*= c+= ,= c
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Y e a r
9 PRINCIPLES OF ACCOUNTS
E@E$CI!E A9Trial Balance as at 9; Dece2ber )**=
Deit>
Credit>
Purchases ),6&+4Sales ,6444Detors 3644Creditors &4644Motor -ehicles *(6444'oan (46444#i$tures and #ittings &*6444Returns Inwards )+4Returns 0utwards ++4Rent Paid ,6444Commission Recei"ed 144Carriage Inwards 44Carriage 0utwards &61+4Insurance 3+4
Salaries &46+44Discount Allowed *44Discount Recei"ed (44Cash in hand &6(44Cash at an! )6*+4Stoc! &*6+44Capital **6444Drawings &6+44
&*)6(+4 &*)6(+4
E@E$CI!E B9
Trial Balance as at 9; Dece2ber )**=
Deit> Credit>Capital &36144Sales &346(44Purchases &)46444Cash in hand &&6+44Ban! 0"erdra%t &6(44Returns Inwards *(4Returns 0utwards )44Carriage Inwards 334Carriage 0utwards +,45lectricity &6*4Insurance ,44Ban! Charges (44Discount allowed ,*4Discount Recei"ed ++4Stoc! E4&.4&.(44,= ,6)44Detors &*6(44Creditors &+6+44Drawings &46444Commission Income +6&44Salaries (+6444Motor -ehicles +46444'oan %rom an! Edue in (4&4= &36+44
(+(6&+4 (+(6&+4
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Y e a r
9 PRINCIPLES OF ACCOUNTSE@E$CI!E C9
Mui Trial Balance as at 9; >anuar4 )**.
Deit>
Credit>
SalesPurchases
Sales ReturnsPurchases ReturnsCarriage 0utwards0%%ice 5/uipmentPremises7agesDrawings'oan %rom BIBDDiscount Recei"edStoc! E4&.4&.(44=Capital
&*6444
&6444114
&+6)44&64446444(6444
)61+4
(16+44
144
36*44))4
((6444,&64)4 ,&64)4
E@E$CI!E D9
Trial Balance as at 9; >anuar4 )**
Deit Credit > >Cash &*6*44Capital (46444Purchases (3344Sales (*6(447endy &644Carriage ,44
Pla<a Co &16444Chandran &*6(44Sundry e$penses &6444Drawings &44Returns Inwards )44
,(6(44 ,(6(44
E@E$CI!E E9&= c(= a)= *= c
+= d,= d
E@E$CI!E 6&= 8rial Balance(= discount allowedK.. discount recei"ed)= o"erdra%t*= detorKKcreditor += creditK deit,= openingK eginning
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Y e a r
9 PRINCIPLES OF ACCOUNTS
=A: T$ADI"? ACCOU"T
E@E$CI!E A
!3adriTradin7 account for t3e 4ear ended 9; Dece2ber )**.
> > > >0pening Stoc! E& an= +6444 Sales +6(44Purchases *)6444 Less returns inwards E&6(44=Less: returns outwards E)6444= Net Sales *6444
Net Purchases *46444 Add: Carriage inwards &6+44
Customs Duty *6)44Insurance on purchases &6444 ,6144
Cost o% goods a"ailale %or sale +&6144
Less Closing stoc! E)& Dec= E,6444=C0S8 0# SA'5S *+61442ross Pro%it cd (16(44
*6444 *6444
2ross Pro%it d (16(44
E@E$CI!E B
Tradin7 account for t3e 4ear ended 9; Dece2ber )**.
> > > >
0pening Stoc! E& an= &46444 Sales ,(6+44
Purchases ),6144 Less returns inwardsE(6*44
=
Less: returns outwardsE&6144
= Net Sales ,46&44Net Purchases )+6444 Add: Carriage inwards (6)+4
Customs Duty )6,14Insurance on purchases &6&+4 6&14
Cost o% goods a"ailale %or sale +(6&14
Less Closing stoc! E)& Dec=
E&)6+44
=C0S8 0# SA'5S )16,142ross Pro%it cd (&6*(4
,46&44 ,46&44
2ross Pro%it d (&6*(4
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Y e a r
9 PRINCIPLES OF ACCOUNTS
E@E$CI!E CTradin7 account for t3e 4ear ended 9; Dece2ber )**=
> > > >0pening Stoc! E& an= &&6+44 Sales +(6+44Purchases *463+4 Less returns inwards E&6144=
Less: returns outwards E&6(*4= Net Sales +4644Net Purchases )36&4 2ross 'oss cd &+ Add: Carriage inwards &611+
Customs Duty )6114Pac!aging 5$penses *6&+4 363&+
Cost o% goods a"ailale %or sale ,&6&(+
Less Closing stoc! E)& Dec=E&46(+4
=C0S8 0# SA'5S +461+
+461+ +461+
2ross 'oss d &+
=B: P$O6IT A"D LO!! ACCOU"TE@E$CI!E A
"O ACCOU"T T$ADI"? AC P$O6IT A"D LO!! AC
Debit Credit Debit Credit
&. Ad"ertising
(. Repairs
). Commission Recei"ed *. Purchases
+. Sales
,. 2eneral 5$penses
. Carriage Inwards
1. Carriage 0utwards
3. Customs Duty
&4. Postage 5$penses
&&. Stationery
&(. Rent Recei"ed
&). Discount Recei"ed
&*. Purchases Returns
&+. Sales Returns
&,. Interest 5$pense
&. Insurance on purchases
&1. Salesman Commission
E@E$CI!E B
Profit and Loss Ac of Pressa7e for t3e 4ear ended 9; Dece2ber )**=
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Y e a r
9 PRINCIPLES OF ACCOUNTS
> >Salaries (6*44 2ross Pro%it d &46*44Rent and Rates &6(44 Commission earned &6*44
Ad"ertising +14Sundry e$penses &6&,4 8otal 5$penses +6)*4Net Pro%it ,6*,4
&&6144 &&6144
E@E$CI!E =C
Dr Tradin7 account for t3e 4ear ended 9; Dece2ber )**. Cr > > > >
0pening Stoc! E& an= 16444 Sales ,)6144Purchases ),644 Less returns inwards E,44=
Less: returns outwards E44= Net Sales ,)6(44Net Purchases ),6444 Add: Carriage inwards &644
Duty on purchases *6444 +644Cost o% goods a"ailale %or sale *3644
Less Closing stoc! E)& Dec=E,6,44
=C0S8 0# SA'5S *)6&442ross Pro%it cd (46&44
,)6(44 ,)6(44
Dr Profit and Loss Account for t3e 4ear ended 9;st Dece2ber )**. Cr > > > >
Carriage 0utwards &6+44 2ross Pro%it d (46&447ages +6444 Commission Recei"ed )6*44Rent )6,44 Discount Recei"ed (44 ()644Insurance &64448otal 5$penses &&6&44N58 PR0#I8 &(6,4
4
()644
()644
E@E$CI!E D
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Y e a r
9 PRINCIPLES OF ACCOUNTSTradin7 account for t3e 4ear ended 9* !e5te2ber )**=
> > > >0pening Stoc! E& 0ct= &,6444 Sales 1)6144Purchases +,644 Less Sales returns E&6(+4=
Less: Purchases returnsE&6*44
= Net Sales 1(6++4Net Purchases ++6)44
Add: Carriage inwards &6*+4Duty on purchases )6144
Pac!aging e$penses )6(44 16*+4Cost o% goods a"ailale %or sale 36+4Less Closing stoc! E)4 Sept= E&*6++4=C0S8 0# SA'5S ,+6(442ross Pro%it cd &6)+4
1(6++4 1(6++4
Dr Profit and Loss Account for t3e 4ear ended 9* !e5te2ber )**= Cr > > > >
Carriage 0utwards (6*,4 2ross Pro%it d &6)+4Discount allowed )+4 Commission Recei"ed &6*44Rent *6144 Discount Recei"ed (44 &163+4Repairs &6&(48otal 5$penses 16)4N58 PR0#I8 &46((4
&163+4 &163+4
=C: BALA"CE !HEET
E@E$CI!E A
Balance !3eet of Lil4 Co25an4 as at 9; Dece2ber )**=
> > > >#i$ed Assets 0wnerLs 5/uityMachinery )+6444 Capital 1*6)(3Premises +46444#urniture &+6444 &446444 'ong;term 'iaility
Ban! 'oan (+6444
Current AssetsClosing stoc! ((6((4 Current 'iailities8rade Detors (*6+44 8rade Creditors **6*44Cash at an! )6,44Cash in hand )6*43 +)6(3
&+)6(3 &+)6(3
E@E$CI!E B
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Y e a r
9 PRINCIPLES OF ACCOUNTSHai8a3
Tradin7+ Profit and Loss Account for t3e 4ear ended 9; Dece2ber )**=
> > > >0pening Stoc! ,644 Sales +16444Purchases )&6&44 Less: Returns Inwards E44= Less: Returns 0utwards E*44= Net Sales +6)44
)4644
Add: Carriage inwards ,44Net Purchases )&6)44
Cost o% goods a"ailale %or sale )16444Less Closing stoc! E16444= Cost o% Sales )464442ross Pro%it cd (6)44
+6)44 +6)44
Carriage 0utwards &64*4 2ross Pro%it d (6)44Rent (6444 Commission Recei"ed (64447ages and Salaries *6444Stationery (,4 6)44Net Pro%it ((6444
(36)44 (36)44
Balance !3eet of Hai8a3 as at 9; Dece2ber )**=
> > > >#i$ed Assets 0wnerLs 5/uityMotor -ehicles &(6444 Capital &.&.(44, (46444#urniture &46444 ((6444 Add9 Net Pro%it ((6444
*(6444Current Assets 'ess9 Drawings E)6444=Ban! 36+44 Capital )&.&(.(44, )36444Closing stoc! 16444Detors &+6444 )(6+44 'ong;term 'iaility
'oan %rom BIBD &46444
Current 'iailitiesCreditors +6+44
+*6+44 +*6+44
E@E$CI!E C
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Y e a r
9 PRINCIPLES OF ACCOUNTSHadriul
Tradin7+ Profit and Loss Account for t3e 4ear ended 9; Dece2ber )**=
> > > >0pening Stoc! (&6&44 Sales 1,6,+4Purchases +&6344Less: Purchases Returns E+)4=
+&6)4
Add: Carriage inwards &6,44 Custom Duties (6)44
Net Purchases ++6(4Cost o% goods a"ailale %or sale ,6)4
Less Closing stoc!E((6+44
=Cost o% Sales +)6142ross Pro%it cd )(614
1,6,+4 1,6,+4
Carriage 0utwards *+4 2ross Pro%it d )(6142eneral 5$penses (6144 Discount Recei"ed (47ages and Salaries 16444Insurance 3+4Interest &6+44Discount allowed )44 &*6444Net Pro%it &364+4
))64+4 ))64+4
Balance !3eet of Hadriul as at 9; Dece2ber )**=
> > > >#i$ed Assets 0wnerLs 5/uityPremises 146444 Capital &.&.(44, 16444#urniture and #ittings 36444 136444 Add9 Net Pro%it &364+4
364+4Current Assets 'ess9 Drawings E+6444=Closing stoc! ((6+44 Capital )&.&(.(44, 3(64+4Detors )6344 (,6*44
'ong;term 'iailityMortgage on premises &+6444
Current 'iailities Creditors +6&+4
Ban! 0"erdra%t )6(44 16)+4 &&+6*44 &&+6*44
E@E$CI!E D
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Y e a r
9 PRINCIPLES OF ACCOUNTSElia
Tradin7+ Profit and Loss Account for t3e 4ear ended 9; Dece2ber )**.
> > > >0pening Stoc! &(6444 Sales 16+44
Purchases*46)4
4Less: Returns Inwards E(44=
Less: Purchases Returns E)44= Net Sales 16)44
*46444
Add: Carriage inwards &6+4 Custom Duties ,+4
Net Purchases *(6*44Cost o% goods a"ailale %or sale +*6*44
Less Closing stoc!E&46444
=Cost of !ales ,,+,** ?ross Profit cd 99+**
16)44 16)44
Carriage 0utwards &6(+4 2ross Pro%it d ))6344
7ages&46&,
4 Rent Re"enue )6444Insurance &6+4 Commission Re"enue (6+*4Sales Commission (6,*4Interest (6444 &6144"et Profit );+=,*
)36**4 ))6**4
Balance !3eet of Elia as at 9; Dece2ber )**.
> > > >#i$ed Assets 0wnerLs 5/uityPremises *+6444 Capital &.&.(44 *46444Motor -ehicles (+6444 Add9 Net Pro%it (&6,*4#i$tures and #ittings +6444 +6444 ,&6,*4
'ess9 Drawings 44Current Assets Capital )&.&(.(44 ,463*4Closing stoc! &46444Detors ,6*44 'ong;term 'iailityCash 1*4 &6(*4 Mortgage on premises (46444
Current 'iailities Creditors 6444
Ban! 0"erdra%t *6)44 &&6)44 3(6(*4 3(6(*4
E@E$CI!E E : MULTIPLE CHOICE UE!TIO"!
&= (= d
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Y e a r
9 PRINCIPLES OF ACCOUNTS)= c*= += c,= d
= c1= a3= d&4=
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&&=&(=&)=&*=&+=;=F E@E$CI!E A;.F;/F
"
;F T$A"!ACTIO" )*F DOCUME"T!
(&=Ea
((= 8he owner rought in %urniture %or o%%ice use ()= Memo
(*=E
(+= Recei"ed %rom the supplier a summary o%transactions that had ta!en place %or the month.
(,= Statement o%account
(=Ec
(1= Cash purchases (3= Cash ill Receipts
)4=
Ed
)&= Cash sales )(= Cash Register
slip issued
))=Ee
)*= Returned goods to supplier )+= Credit noterecei"ed
),=E%=
)= Cash deposited in current account )1= Ban! deposit slip
)3=Eg
*4= Settlement o% account *&= Receipt che/ueutt
*(=Eh
*)= Noti%ied y Ah Peng Ser"ice Centre %or amount owing %or repairs
**= In"oice recei"ed
*+=Ei=
*,= Noti%ied detor %or o"ercharges *= Credit noteissued
*1=EF=
*3= Noti%ied detor %or undercharges +4= Deit Note Issued
;F)F E@E$CI!E B9F,F"
F T$A"!ACTIO" =F BOOG O6 P$IMEE"T$&
+=Ea
+1= 2oods withdrawn %or the purpose o% gi"ing as%ree samples in the promotion campaign.
+3= 2eneral ournal
,4=E
,&= An o%%ice e/uipment dealer ought photocopymachines on credit.
,(= Purchases ournal
,)=Ec
,*= An o%%ice e/uipment dealer too! a photocopier%or his o%%ice use.
,+= 2eneral ournal
,,=Ed
,= Charged interest y creditor on o"erdueamount.
,1= 2eneral ournal
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,3=Ee
4= Recei"ed an in"oice %rom 2ood Ser"ice %orser"icing o%%ice air;conditioners.
&= 2eneral ournal
(=E%=
)= A %urniture dealer sold settee on credit *= Sales ournal
+=Eg
,=Recei"ed a deit note %rom the supplier =Purchases ournal
1=Eh
3= 2oods o% wrong speci%ication returned to thesupplier
14= Purchases Returnsournal
/;F/)F E@E$CI!E C/9F&. c(. d). *. c+.
,. c. a1. d3. c&4. a1*=1+=1,=1=11=13=*F
;F)F9F PU$CHA!E! >OU$"AL,F E@E$CI!E A
F Purc3ases >ournal
3,= Date
3= Particular 31= In"oice
No.
33= In"oice
Details&44=
>
&4&=8otal
&4(=>
&4)=(44
&4*= &4+= &4,= &4=
&41=an
(
&43= Ronald 5nterprise &&4= A0 &31
&&&=14
&&(=
&&)= &&*= 'ess9 8radeDiscount &4
&&+= &&,=E1=
&&=4(
&&1= &&3= &(4= &(&= &((=
&()=&
&(*= 7estern Co. &(+=341
&(,=3,4
&(=
E@E$CI!E!: >OU$"AL!
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&(1= &(3= 'ess9 8radeDiscount &+
&)4= &)&=E&**=
&)(=1&,
&))= &)*= &)+= &),= &)=
&)1=(+
&)3= Nathan Suppliers &*4=D(&)
&*&=+4
&*(=
&*)= &**= 'ess9 8radeDiscount (4
&*+= &*,=E&+4=
&*=,44
&*1= &*3= &+4= &+&= &+(=
&+)=)4
&+*= 0rico Company &++=P(*,
&+,=*44
&+=
&+1= &+3= 'ess9 8radeDiscount (4
&,4= &,&=E14=
&,(=)(4
&,)= &,*= &,+= &,,= &,=
&,1=)&
&,3= Purchases AccountEDr=
&4= &&= &(=(6*)1
&)= &*= &+= &,= &=
&1=;.F ?eneral Led7er ;/*F Purc3ases Ac
&1&=(44
&1(= &1)=>
&1*= &1+= &1,=
&1=an
)&
&11= Sundr y Creditors
&13=(6*)
1
&34= &3&= &3(=
&3)= &3*= &3+= &3,= &3= &31=;F
)**F Purc3ases Led7er )*;F
)*)F $onald Enter5rise Ac
(4)= (4*= (4+= (4,=(44
(4= (41=>
(43= (&4= (&&= (&(=an
(
(&)= Purchases
(&*=4(
(&+= (&,= (&= (&1= (&3= ((4=));F
)))F #estern Co Ac
(()= ((*= ((+= ((,=
(44
((= ((1=
>((3= ()4= ()&= ()(=
an&
())= Purchases
()*=1&,
()+= (),= ()= ()1= ()3= (*4=),;F
),)F "at3an !u55liers Ac
(*)= (**= (*+= (*,=(44
(*= (*1=>
(*3= (+4= (+&= (+(= (+)= Purch (+*=
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an(+
ases ,44
(++= (+,= (+= (+1= (+3= (,4=)=;F
)=)F Orico Co25an4 Ac
(,)= (,*= (,+= (,,=(44
(,= (,1=>
(,3= (4= (&= ((=an)4
()= Purchases (*=)(4
(+= (,= (= (1= (3= (14=)/;F
)/)F E@E$CI!E B)/9F Purc3ases >ournal
(1*=Dat
e
(1+= Particular (1,=In"oi
ceNo.
(1=In"oice
Details
(11=>
(13=8otal
(34=>
(3&=(44
(3(= (3)= (3*= (3+=
(3,=#e
&
(3= #ee<ah (31= (33= )44=+&4
)4&= )4(= )4)= )4*= )4+=)4,=
))4= Amalina )41= )43=
*44)&4=
)&&= )&(= 'ess9 8rade Discount&+
)&)= )&*=E,4=
)&+=)*4
)&,= )&= )&1= )&3= )(4=)(&=
1)((= #ee<ah )()= )(*=
&6444)(+=
)(,= )(= 'ess9 8rade Discount &( )(1= )(3=E&(4=
))4=114
))&= ))(= )))= ))*= ))+=)),=
3))= Alim ))1= ))3= )*4=
)+)*&= )*(= )*)= )**= )*+=)*,=
(1)*= Purchases Account EDr= )*1= )*3= )+4=
(6&4+
9;F9)F E@E$CI!E C99F Purc3ases >ournal
)+*=Dat
e
)++= Particular )+,=In"oi
ceNo.
)+=In"oice
Details
)+1=>
)+3=8otal
),4=>
),&= ),(= ),)= ),*= ),+=
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),,=an
+
),= Dash Co. 'td. ),1= ),3= )4=)44
)&= )(= ))= )*= )+=),=
)= ati Company )1= )3=
*44)14=
)1&= )1(= 'ess9 8rade Discount(4
)1)= )1*=E14=
)1+=)(4
)1,= )1= )11= )13= )34=)3&=
&,)3(= Dash Co. 'td. )3)= )3*=
(44)3+=
)3,= )3= 'ess9 8rade Discount + )31= )33=E&4=
*44=&34
*4&= *4(= *4)= *4*= *4+=*4,=
(4*4= ati Company *41= *43= *&4=
(+4*&&= *&(= *&)= *&*= *&+=*&,=
)&*&= Purchases Account EDr= *&1= *&3= *(4=
&64,4
*(&=,))F !ALE! >OU$"AL,)9F E@E$CI!E A
,),F !ales >ournal
*(+=Dat
e
*(,= Particular *(=In"oice
No.
*(1=In"oice
Details*(3=
>
*)4=8otal
*)&=>
*)(=(44
*))= *)*= *)+= *),=
*)=
Mar )
*)1= Stanley Co. *)3=
B&+4*
**4=
,6144
**&=
**(= **)= 'ess9 8radeDiscount *4
***= **+=E(6(4=
**,=*6414
**= **1= **3= *+4= *+&=
*+(=&3
*+)= ulie Roins *+*=B&+4+
*++=6(44
*+,=
*+= *+1= 'ess9 8radeDiscount )4
*+3= *,4=E(6&,4=
*,&=+64*4
*,(= *,)= *,*= *,+= *,,=
*,=(,
*,1= ataro Store *,3=B&+4,
*4=+6&44
*&=
*(= *)= 'ess9 8radeDiscount )+
**= *+=E&61+=
*,=)6)&+
*= *1= *3= *14= *1&=
*1(=)&
*1)= Sales Account ECr= *1*= *1+= *1,=&(6*)+
*1=*11=
,/F ?eneral Led7er
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,*F !ales Ac
*3&= *3(= *3)= *3*=(44
*3+= *3,=>
*3= *31= *33= +44=an
)&
+4&= Sundry Detors
+4(=&(6*)+
+4)= +4*= +4+= +4,= +4= +41=*F
;*F !ales Led7er ;;F !tanle4 Co Ac
+&(=(44
+&)= +&*=>
+&+= +&,= +&=
+&1=Mar
)
+&3= Sales +(4=*641
4
+(&= +((= +()=
+(*= +(+= +(,= +(= +(1= +(3=9*F
9;F >ulie $obbins Ac
+)(=(44
+))= +)*=>
+)+= +),= +)=
+)1=
Mar &3
+)3= Sales +*4=
+64*4
+*&= +*(= +*)=
+**= +*+= +*,= +*= +*1= +*3=*F
;F &ataro !tore Ac
++(=(44
++)= ++*=>
+++= ++,= ++=
++1=Mar
(,
++3= +,4=)6)&
+
+,&= +,(= +,)=
+,*= +,+= +,,= +,= +,1= +,3=.*F
.;F E@E$CI!E B.)F !ales >ournal
+)=Dat
e
+*= Particular ++=In"oice
No.
+,= In"oiceDetails
+= >
+1=8otal
+3=>
+14=Mar
&
+1&= Dina +1(= +1)= +1*=+44
+1+= +1,= +1= +11= +13=+34=
*+3&= Chacha +3(= +3)= +
(4+3*=
+3+= +3,= 'ess9 8radeDiscount +
+3= +31= E(,=
+33=*3*
,44= ,4&= ,4(= ,4)= ,4*=,4+=
,4,= 'iana ,4= ,41= ,43=
*14,&4= ,&&= ,&(= ,&)= ,&*=,&+=
3,&,= Jasyimah ,&= ,&1= (
6444,&3=
,(4= ,(&= 'ess9 8radeDiscount &+
,((= ,()= )44
,(*=&644
,(+= ,(,= ,(= ,(1= ,(3=
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,)4=)&
,)&= Sales Account ECr= ,)(= ,))= ,)*=)6&*
=9F=9=F E@E$CI!E C
=9.F !ales >ournal
,)1=Dat
e
,)3= Particular ,*4=In"oice
No.
,*&=In"oice
Details,*(=
>
,*)=8otal,**=
>
,*+=Mar
&
,*,= 'i<<ie E&4 $ >)4= ,*= ,*1=)44
,*3=
,+4= ,+&= 'ess9 8rade Discount&4
,+(= ,+)=)4
,+*=(4
,++= ,+,= ,+= ,+1= ,+3=
,,4=3
,,&= 5rra Corner E( O >),= ,,(= ,,)=(
,,*=
,,+= ,,,= 'ess9 8rade Discount
+
,,= ,,1=
E).,4=
,,3=
,1.*4,4= ,&= ,(= ,)= ,*=
,+=&3
,,= Jai<an E+ O >)= ,= ,1= ,3=&+
,14= ,1&= ,1(= ,1)= ,1*=
,1+=(1
,1,= 5rra Corner E** O >(= ,1= ,11= ,13=11
,34= ,3&= ,3(= ,3)= ,3*=
,3+=)&
,3,= Sales Account ECr= ,3= ,31= ,33=**&.*
4.**F
.*;F
.*)F $ETU$"! OUT#A$D! >OU$"AL
.*9F
.*,F E@E$CI!E A.*F $eturns Out0ards >ournal
4,=Dat
e
4= Particular 41=Credit
NoteNo.
43=Credit
NoteDetai
ls
&4=>
&&=8otal
&(=>
&)=(44
&*= &+= &,= &=
&1= Aug
&+
&3= 7estern Suppliers (4=(
(&=*44
((=
()= (*= 'ess9 8radeDiscount (+
(+= (,=E&44=
(=)44
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(1= (3= )4= )&= )(=
))=(*
)*= Boston Co. )+=&&(
),=+*4
)=
)1= )3= 'ess9 8radeDiscount (4
*4= *&=E&41=
*(=*)(
*)= **= *+= *,= *=
*1=)4 *3= 2adget Shop +4=1 +&= )+4 +(=+)= +*= 'ess9 8rade
Discount )4++= +,=
E&4+=+=
(*++1= +3= ,4= ,&= ,(=
,)=)&
,*= Returns 0utwards Account ECr=
,+= ,,= ,=3
.=/F
.=F ?eneral Led7er ..*F $eturns Out0ards Ac
&= (= )= *=(44
+= ,=>
= 1= 3= 14=an
)&
1&= Sundry Creditors
1(=3
1)= 1*= 1+= 1,= 1= 11=./F
.*F Purc3ases Led7er .;F #estern !u55liers Ac
3(=(44
3)= 3*=>
3+= 3,= 3=
31= Aug
&+
33= Returns 0utwards
144=)44
14&= 14(= 14)=
14*= 14+= 14,= 14= 141= 143=/;*F
/;;F Boston Co Ac
1&(=(44
1&)= 1&*=>
1&+= 1&,= 1&=
1&1= Aug
(*
1&3= Returns 0utwards
1(4=*)(
1(&= 1((= 1()=
1(*= 1(+= 1(,= 1(= 1(1= 1(3=/9*F
/9;F ?ad7et !3o5 Ac
1)(=
(44
1))= 1)*=
>
1)+= 1),= 1)=
1)1= Aug
)4
1)3= Returns 0utwards
1*4=(*+
1*&= 1*(= 1*)=
1**= 1*+= 1*,= 1*= 1*1= 1*3=/*F
/;F E@E$CI!E B/)F $eturns Out0ards >ournal
1+)=Dat
1+*= Particular 1++=Credit
1+,=Credit Note
1+1=8otal
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e Note
No.
Details1+=
>
1+3=>
1,4= 1,&= 1,(= 1,)= 1,*=
1,+=an
&
1,,= Syari!at Jadi 1,= 1,1= 1,3=14
14= 1&= 1(= 1)= 1*=1+=
)1,= Syari!at Budiman 1= 11= 13=
+114= 11&= 11(= 11)= 11*=
11+=
11,= Syari!at Mawar Bhd 11= 111=3+
113=
134= 13&= 'ess9 8radeDiscount &+
13(= 13)=&*.(+
13*=14.+
13+= 13,= 13= 131= 133=
344=
3
34&= Jassanal 34(= 34)= 34*=
*+34+= 34,= 34= 341= 343=
3&4=)&
3&&= Returns 0utwards Account ECr=
3&(= 3&)= 3&*=(14.+
3&+=;=F E@E$CI!E C
;.F Purc3ases >ournal
3&1=Dat
e
3&3= Particular 3(4=In"oice
No.
3(&=In"oice
Details3((=
>
3()=8otal
3(*=>
3(+= 3(,= 3(= 3(1= 3(3=
3)4=#e
*
3)&= Mus%irah Company 3)(= 3))=,44
3)*=
3)+= 3),= 'ess9 8radeDiscount &+
3)= 3)1=E34=
3)3=+&4
3*4= 3*&= 3*(= 3*)= 3**=
3*+=
3*,= Janani Pte 'td. 3*= 3*1=*6444
3*3=
3+4= 3+&= 'ess9 8rade
Discount (4
3+(= 3+)=
E144=
3+*=
)6(443++= 3+,= 3+= 3+1= 3+3=
3,4=(1
3,&= Purchases Account EDr= 3,(= 3,)= 3,*=)6&4
3,+= 3,,= 3,= 3,1= 3,3=
.*F.;F $eturns Out0ards >ournal
3(= 3)= Particular 3*= 3+= 3=
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Date
CreditNote
No.
Credit NoteDetails
3,=>
8otal31=
>
33= 314= 31&= 31(= 31)=
31*=#e
31+= Mus%irah Company 31,= 31=14
311=
313= 334= 'ess9 8rade Discount&+
33&= 33(=E&(=
33)=,1
33*= 33+= 33,= 33= 331=
333=1
&444= Janani Pte 'td. &44&= &44(=(44
&44)=
&44*= &44+= 'ess9 8rade Discount(4
&44,= &44=E*4=
&441=&,4
&443= &4&4= &4&&= &4&(= &4&)=
&4&*=)&
&4&+= Returns 0utwards Account ECr=
&4&,= &4&= &4&1=((1
&4&3= &4(4= &4(&= &4((= &4()=
&4(*=;*)F $ETU$"! I"#A$D! >OU$"AL&4(,=;*).F E@E$CI!E A
;*)/F $eturns In0ards >ournal
&4(3=Dat
e
&4)4= Particular &4)&=Credit
NoteNo.
&4)(=Credit
NoteDetails
&4))=
>
&4)*=8otal
&4)+=>
&4),=(44
&4)= &4)1= &4)3= &4*4=
&4*&=Mar
&(
&4*(= Super 8rio &4*)=&+1
&4**=144
&4*+=
&4*,= &4*= 'ess9 8radeDiscount *4
&4*1= &4*3=E)(4=
&4+4=*14
&4+&= &4+(= &4+)= &4+*= &4++=
&4+,=
(+
&4+= 2reen Inc &4+1=
&+3
&4+3=
+44
&4,4=
&4,&= &4,(= 'ess9 8radeDiscount )4
&4,)= &4,*=E&+4=
&4,+=)+4
&4,,= &4,= &4,1= &4,3= &44=
&4&=)&
&4(= edai Besar &4)=&,4
&4*=44
&4+=
&4,= &4= 'ess9 8radeDiscount )+
&41= &43=E(*+=
&414=*++
&41&= &41(= &41)= &41*= &41+=
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&41,=)&
&41= Returns Inwards Account EDr=
&411= &413= &434=&6(1+
;*;F;*)F ?eneral Led7er
;*9F $eturns In0ards Ac
&43*=(44
&43+= &43,=>
&43= &431= &433=
&&44=
Mar )&
&&4&= Sundry
Detors
&&4(=
&6(1+
&&4)= &&4*= &&4+=
&&4,= &&4= &&41= &&43= &&&4= &&&&=;;;)F
;;;9F !ales Led7er ;;;,F !u5er Trio Ac
&&&+= &&&,= &&&= &&&1=(44
&&&3= &&(4=>
&&(&= &&((= &&()= &&(*=Mar
&(
&&(+= Returns Inwards
&&(,=*14
&&(= &&(1= &&(3= &&)4= &&)&= &&)(=;;99F ?reen Inc Ac
&&)*= &&)+= &&),= &&)=(44
&&)1= &&)3=>
&&*4= &&*&= &&*(= &&*)=Mar
(+
&&**= Returns Inwards
&&*+=)+4
&&*,= &&*= &&*1= &&*3= &&+4= &&+&=;;)F
;;9F Gedai Besar Ac
&&+*= &&++= &&+,= &&+=
(44
&&+1= &&+3=
>&&,4= &&,&= &&,(= &&,)=Mar
)&
&&,*= Returns Inwards
&&,+=*++
&&,,= &&,= &&,1= &&,3= &&4= &&&=&&(=;;.9F E@E$CI!E B
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&&*=;;.F
E@E$CI!E C
;;.=F !ales >ournal
&&=Dat
e
&&1= Particular &&3=In"oice
No.
&&14=In"oice
Details
&&1&=>
&&1(=8otal
&&1)=>
&&1*= Aug
)
&&1+= A<im &&1,= &&1=(6(44
&&11=
&&13= &&34= 'ess9 8radeDiscount &4
&&3&= &&3(=E((4=
&&3)=&6314
&&3*= &&3+= &&3,= &&3= &&31=
&&33=&+
&(44= A<im &(4&= &(4(= &(4)=))4
&(4*= &(4+= &(4,= &(4= &(41=
&(43=)&
&(&4= Sales Account ECr= &(&&= &(&(= &(&)=(6)&4
;);,F $eturns In0ards >ournal&(&+=Dat
e
&(&,= Particular &(&=Credit
NoteNo.
&(&1=Credit
NoteDetai
ls&(&3=
>
&((4=8otal
&((&=>
&(((= &(()= &((*= &((+= &((,=
&((= &((1= A<im E( O >+4= &((3= &()4= &()&=
1) $eturns In0ards >ournal
2) Date
3) Particular 4) Credit
NoteNo.
5) CreditNote
Details6) >
7) 8otal
8) >
9) a
n &
10)Dede &&= &(= 13) (+
&*= &+= &,= &= &1=19) ) 20) Ain (&= ((= 23) 1+(*= (+= (,= (= (1=
29) 30)Syari!at Rasyidah E1 O >)= )&= )(= 33) (*)*= )+= ),= )= )1=
39) 3 40) A<rin *&= 42) ++ *)=
**= 45) 'ess9 8rade Discount + *,= 47) (.+ 48) +(.(+
*3= +4= +&= +(= +)=
54) )&
55)Returns Inwards Account EDr= +,= += 58) &1,.(
+
7/26/2019 2010 Yr 9 POA Ans
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Aug+
&44
&()(= &())= 'ess9 8radeDiscount &4
&()*= &()+=E&4=
&(),=34
&()= &()1= &()3= &(*4= &(*&=
&(*(=)&
&(*)= Returns Inwards Account EDr=
&(**= &(*+= &(*,=34
&(*=;),/F ?E"E$AL >OU$"AL!;),F E@E$CI!E A
;)*F ?eneral >ournal
&(+&=Date &(+(= Particulars
&(+)=Deit
&(+*=Credit
&(++= &(+,=
&(+=>
&(+1=>
&(+3=(44 &(,4= &(,&=
&(,(=
&(,)=uly
& &(,*= Premises
&(,+=
146444 &(,,=&(,= &(,1= Deli"ery -an
&(,3=&16444 &(4=
&(&= &((= 0%%ice 5/uipment
&()=+6444 &(*=
&(+= &(,= Stoc!
&(=+46444 &(1=
&(3= &(14= Detors9 Sa?ad
&(1&=*6*44 &(1(=
&(1)= &(1*= 7a%iy
&(1+=)6(44 &(1,=
&(1= &(11= Cash&(13=
(6)*+ &(34=
&(3&= &(3(= Mortgage on premises &(3)= &(3*=)46444
&(3+= &(3,= Creditors9 Red<a &(3=&(31=
,6+44
&(33= &)44= Muhiy &)4&=&)4(=
(6144
&)4)= &)4*= Ban! &)4+=&)4,=
+6,*+
&)4= ;9*/F Ca5ital &)43=
;9;*F;;/+**
*
&)&&=
&)&(= Eeing assets6 liailities and capital at
this date=
&)&)=&,(63*
+
&)&*=&,(63*
+;9;F E@E$CI!E B
;9;=F ?eneral >ournal
&)&=Date &)&1= Particulars
&)&3=Deit
&)(4= Credit
&)(&= &)((=
&)()=> &)(*= >
&)(+= &)(,= Premises&)(=(46444 &)(1=
&)(3= &))4= #i$tures
&))&=*6444 &))(=
7/26/2019 2010 Yr 9 POA Ans
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&)))= &))*= Stoc!
&))+=+(4 &)),=
&))= &))1= Cash&))3=
(44 &)*4=
&)*&= &)*(= Detors9 Al"is&)*)=
),4 &)**=
&)*+= &)*,= 'e"is&)*=
)+, &)*1=
&)*3= &)+4= Ban! 0"erdra%t &)+&=&)+(= (
6444
&)+)= &)+*= Creditors9 ohn &)++=&)+,= (
)*
&)+= &)+1= ohny &)+3=&),4= ,
4
&),&= ;9=)F Ca5ital &),)=;9=,F )
9+;,)
&),+=
&),,= Eeing assets6 liailit ies and capital atthis date=
&),=(+6*),
&),1= (+6*),
&),3= Premises Ac &)4= &)&= #i$tures Ac&)(= &))=
>&)*= &)+=&),= &)= &)1=
>&)3= &)14=
&)1&=Balance
d
&)1(=(46
&)1)= &)1*=&)1+= &)1,=Balance
d
&)1=*
&)11= &)13=
&)34= &)3&= &)3(= &)3)=&)3*= &)3+= &)3,= &)3= &)31=
&)33= &*44= &*4&= &*4(=&*4)= &*4*= &*4+= &*4,= &*4=
&*41= Stoc! Ac &*43= &*&4= Cash Ac&*&&= &*&(=
>&*&)= &*&*=&*&+= &*&,= &*&=
>&*&1= &*&3=
&*(4=
Balanced
&*(&=
+(
&*((= &*()=&*(*= &*(+=
Balanced
&*(,=
(
&*(= &*(1=
&*(3= &*)4= &*)&= &*)(=&*))= &*)*= &*)+= &*),= &*)=
&*)1= &*)3= &**4= &**&=&**(= &**)= &***= &**+= &**,=
&**=&**1= Detor9 Al"is Ac &**3= &*+4= Detor9 'e"is Ac
&*+&= &*+(=>
&*+)= &*+*=&*++= &*+,= &*+=>
&*+1= &*+3=
&*,4=Balance
d
&*,&=),
&*,(= &*,)=&*,*= &*,+=Balance
d
&*,,=)
&*,= &*,1=
&*,3= &*4= &*&= &*(=&*)= &**= &*+= &*,= &*=
&*1= &*3= &*14= &*1&=&*1(= &*1)= &*1*= &*1+= &*1,=
&*1= Ban! Ac &*11= &*13= Creditor9 ohn Ac&*34= &*3&= &*3(= &*3)=
>&*3*= &*3+= &*3,= &*3= &*31=
>&*33= &+44= &+4&=
Balanced
&+4(=(
&+4)= &+4*= &+4+= &+4,=Balance
d
&+4=(
7/26/2019 2010 Yr 9 POA Ans
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&+41= &+43= &+&4= &+&&=&+&(= &+&)= &+&*= &+&+= &+&,=
&+&= &+&1= &+&3= &+(4=&+(&= &+((= &+()= &+(*= &+(+=
&+(,= Creditor9 ohny Ac &+(= &+(1= Capital Ac&+(3= &+)4= &+)&= &+)(=
>&+))= &+)*= &+)+= &+),= &+)=
>&+)1= &+)3= &+*4=
Balanced
&+*&=
,
&+*(= &+*)= &+**= &+*+=
Balanced
&+*,=
()6
&+*= &+*1= &+*3= &++4=&++&= &++(= &++)= &++*= &+++=
&++,=;.F E@E$CI!E C
;/F ?eneral >ournal
&++3=Date &+,4= Particulars
&+,&=Deit
&+,(=Credit
&+,)= &+,*=
&+,+=>
&+,,=>
&+,=
an & &+,1= 0%%ice 5/uipment
&+,3=
+44 &+4=
&+&= &+(= Ban! &+)=&+*=
+44&++= &+,= &+= &+1=&+3=
) &+14= 0%%ice 5/uipment&+1&=
,44 &+1(=
&+1)= &+1*= Syari!at Baiduri Bhd &+1+=&+1,=
,44
&+1= &+11= &+13= &+34=&+3&=
+ &+3(= Ban!&+3)=
)6444 &+3*=
&+3+= &+3,= Motor -ehicles &+3=&+31=
)6444
&+33= &,44= &,4&= &,4(=&,4)=
, &,4*= Motor -ehicles&,4+=
6+44 &,4,=
&,4= &,41= Ban! &,43=&,&4=
6+44
&,&&= &,&(= &,&)= &,&*=&,&+=
&+ &,&,= Salwa&,&=
&,4 &,&1=
&,&3= &,(4= #urniture &,(&=&,((=
&,4&,()= &,(*= &,(+= &,(,=
&,(=
;=)/F E@E$CI!E D;=)F ?eneral >ournal
&,)4=D
&,)&= Particulars&,)(=Deit
&,))=Credit
&,)*= &,)+=
&,),=>
&,)=>
&,)1= &,)3= Ea= Drawings&,*4=
+4 &,*&=
&,*(= &,*)= 0%%ice 5/uipment &,**=&,*+=
+4
7/26/2019 2010 Yr 9 POA Ans
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&,*,=&,*= EBeing calculator ta!en y owner %or own
use= &,*1= &,*3=
&,+4= &,+&= &,+(= &,+)=
&,+*= &,++= E= 0%%ice 5/uipment&,+,=
6444 &,+=
&,+1= &,+3= Beseller 'td &,,4=&,,&=
6444
&,,(=
&,,)= EBeing purchase o% two units o% computer
on credit= &,,*= &,,+=&,,,= &,,= &,,1= &,,3=
&,4= &,&= Ec= Beseller 'td&,(=
)6+44 &,)=
&,*= &,+= 0%%ice 5/uipment &,,=&,=
)6+44
&,1= &,3= EBeing return o% one unit o% computer= &,14= &,1&=
&,1(= &,1)= &,1*= &,1+=
&,1,= &,1= Ed= Motor -ehicles&,11=
&6444 &,13=
&,34= &,3&= Shahmi &,3(=&,3)=
&6444
&,3*=
&,3+= EBeing motori!e accepted as %ull
payment o% det= &,3,= &,3=
&,31= &,33= Ee= Deli"ery e$pense&44=
++4 &4&=
&4(= &4)= NB8 8ransport 'td &4*=&4+=
++4&4,= &4= EBeing deli"ery e$pense incurred= &41= &43=&&4= &&&= &&(= &&)=
&&*= &&+= E%= Stationery 5$pense&&,=
&44 &&=
&&1= &&3= Purchases &(4=&(&=
&44&((= &()= EBeing stationery ta!en %or o%%ice use= &(*= &(+=
&(,=;.).F E@E$CI!E E;.)/F ?eneral >ournal
&(3=D
&)4= Particulars&)&=Deit
&)(=Cred
it&))= &)*=
&)+=>
&),=>
&)= &)1= Ea= Motor -ehicles&)3=(+6444 &*4=
&*&= &*(= Capital &*)=
&**=(+64
4
4
&*+=&*,= EBeing pri"ate car rought in %or
usiness use= &*= &*1=
&*3= &+4= &+&= &+(=
&+)= &+*= E= Drawings&++=
+6444 &+,=
&+= &+1= Ban! &+3=
&,4=+644
4
&,&=&,(= EBeing cash withdrawn %or personal
use= &,)= &,*=
7/26/2019 2010 Yr 9 POA Ans
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&,+= &,,= &,= &,1=
&,3=&4= Ec= Drawings &&=
(44&(=
&)=&*= Purchases &+= &,=
(44
&=&1= EBeing goods withdrawn %or personal
use= &3= &14=
&1&= &1(= &1)= &1*=
&1+= &1,= Ed= 7ages &1=+44 &11=
&13= &34= Ban! &3&=&3(=
+44&3)= &3*= EBeing payment o% wages y che/ue= &3+= &3,=
&3= &31= &33= &144=
&14&= &14(= Ee= ana&14)=
&6(+4 &14*=
&14+= &14,= Ban! &14=
&141=&6(4
4
&143= &1&4= Discount Recei"ed &1&&=&1&(=
+4
&1&)= &1&*= EBeing payment o% det o% >&(+4= &1&+= &1&,=&1&= &1&1= &1&3= &1(4=
&1(&=&1((=&1()=&1(*=&1(+=&1(,=&1(=&1(1=&1(3=&1)4=
&1)&=&1)(=&1))=&1)*=&1)+=&1),=&1)=&1)1=&1)3=&1*4=&1*&=&1*(=
&1*)=;/,,F Practice ; T0o Colu2n Cas3 Boo<&1*+=
7/26/2019 2010 Yr 9 POA Ans
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&1*,=
;/,.F Practice ) T3ree Colu2n Cas3 Boo<&1*1=
&1*3= 8hree Column Cash Boo!&1+4=D
&1+&=Partic
ular
&1+(=Disc
ount
&1+)=C
&1+*=B
&1++=D
&1+,=Particu
lar
&1+=Disc
ount
&1+1=C
&1+3=B
&1,4=(4
&1,&= &1,(= &1,)= &1,*= &1,+=(
&1,,= &1,= &1,1= &1,3=
&14=
a
&1&=
Bal d
&1(= &1)=
(6
&1*=
*6
&1+=
&1,=
Purchases
&1= &11= &13=
&6
&114=,
&11&=Sales
&11(= &11)=&6
&11*= &11+=*
&11,=Station
ery
&11= &111=&
&113=
&134=(4
&13&='oan
&13(= &13)= &13*=)6
&13+=3
&13,=ayra
Sis.
&13=(4
&131= &133=)
&344= &34&= &34(= &34)= &34*= &34+= &34,= &34= &341= &343=
7/26/2019 2010 Yr 9 POA Ans
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(* Hahra5nt
, &6 & Drawings
&3&4=(1
&3&&=Jali
&3&(=&44
&3&)= &3&*=&6
&3&+=&
&3&,=Purcha
ses
&3&= &3&1=3
&3&3=
&3(4= &3(&= &3((= &3()= &3(*= &3(+=&
&3(,= Ad"erti
sing
&3(= &3(1=3
&3(3=
&3)4= &3)&= &3)(= &3))= &3)*= &3)+=(
&3),=Rent
&3)= &3)1= &3)3=&6
&3*4= &3*&= &3*(= &3*)= &3**= &3*+=(
&3*,=8ransp
ort
&3*= &3*1= &3*3=&6
&3+4= &3+&= &3+(= &3+)= &3+*= &3++=)
&3+,=Bal cd
&3+= &3+1=(6
&3+3=*6
&3,4= &3,&= &3,(=&44
&3,)=)6
&3,*=36
&3,+= &3,,= &3,=(4
&3,1=)6
&3,3=36
&34=#e
&3&=Bal
d
&3(= &3)=(6
&3*=*6
&3+= &3,= &3= &31= &33=
&314= &31&= &31(= &31)= &31*= &31+= &31,= &31= &311= &313=
&334=&33&=
&33(= Discount Allowed
&33)=(4 &33*= &33+=> &33,= &33= &331=>
&333=an
(444= 8otal (44&=&44
(44(= (44)= (44*=
(44+= (44,= (44= (441= (443= (4&4=
(4&&=(4&(= Discount Recei"ed
(4&)= (4&*= (4&+= (4&,=(441
(4&= (4&1=>
(4&3= (4(4= (4(&= (4((=an
)&
(4()= 8otal (4(*=(4
(4(+= (4(,= (4(= (4(1= (4(3= (4)4=(4)&=)*9)F Exercise A
(4))= Cash Boo!
7/26/2019 2010 Yr 9 POA Ans
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(4)*=(44
1
(4)+= (4),=Cas
h
(4)=Ban
!
(4)1=(
(4)3= (4*4=Cas
h
(4*&=Ban
!(4*(=Ma
r
(4*)= (4**=>
(4*+=>
(4*,=M
(4*= (4*1=>
(4*3=>
(4+4=&
(4+&=Balance
d
(4+(=()1
(4+)=)6&,
,
(4+*=)
(4++= Ah 'ee
(4+,= (4+=&6(+
)(4+1=
,(4+3=Sales
(4,4=(+
(4,&= (4,(=1
(4,)= 7ages
(4,*=,*
(4,+=
(4,,=&)
(4,=Mali
(4,1= (4,3=1)
(44=&
(4&= 5lectricity
(4(= (4)=13
(4*=(4
(4+=Sales
(4,=*3
(4= (41=&
(43= Purchases
(414= (41&=(6)+
,(41(=
(,(41)=Cash Qc?
(41*= (41+=*+4
(41,=(
(41= 7ages
(411=*
(413=
(434= (43&= (43(= (43)= (43*=(
(43+= Ban! Qc?
(43,=*+4
(43=
(431= (433= (&44= (&4&= (&4(=(
(&4)= Motore$penses
(&4*=)3
(&4+=
(&4,= (&4= (&41= (&43= (&&4= (&&&= Drawings
(&&(= (&&)=(+4
(&&*= (&&+= (&&,= (&&= (&&1=)
(&&3= Balance
cd
(&(4=)1)
(&(&=+*&
(&((= (&()= (&(*=&64
&4
(&(+=*6*1
3
(&(,= (&(= (&(1=&64
&4
(&(3=*6*1
3
(&)4= Apr
il &
(&)&=Balance
d
(&)(=)1)
(&))=+*&
(&)*= (&)+= (&),= (&)=
(&)1=
);9F Exercise B(&*4= Cash Boo!
(&*&=(
(&*(= (&*)=C
(&**=Ban
!
(&*+=(
(&*,= (&*=C
(&*1=B
(&*3= A
(&+4= (&+&=>
(&+(=>
(&+)= A
(&+*= (&++=>
(&+,=>
(&+=&
(&+1= Balance d
(&+3=++
(&,4=(6+
(&,&=*
(&,(= Rent (&,)= (&,*=)+
7/26/2019 2010 Yr 9 POA Ans
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+4
(&,+=&
(&,,= Sales
(&,=&)
(&,1= (&,3=
(&4= 8ansport
(&&=++
(&(=
(&)=&
(&*= Adlina
(&+= (&,=144
(&=3
(&1= Purchases
(&3=&
(&14=
(&1&=&
(&1(= Ban! Qc?
(&1)=)+
(&1*= (&1+=&
(&1,= Drawings
(&1= (&11=(+
(&13=)
(&34= Cash Qc?
(&3&= (&3(=(+4
(&3)=&
(&3*= CashQc?
(&3+= (&3,=)+
(&3= (&31= (&33= ((44= ((4&=(
((4(= Sundr y e$penses
((4)=&)
((4*=
((4+= ((4,= ((4= ((41= ((43=(
((&4= Ameera Supplier
((&&= ((&(=&6
((&)= ((&*= ((&+= ((&,= ((&=)
((&1= Ban!Qc?
((&3=(+
(((4=
(((&= ((((= ((()= (((*= (((+= (((,= Balance cd
(((=*)
(((1=&6
(((3= (()4= (()&=&6
(()(=)6,
44
(())= (()*= (()+=&6
((),=)6
(()=
M
(()1= Ba
lance d
(()3=
*)
((*4=
&6*44
((*&= ((*(= ((*)= ((**=
((*+=((*,=((*=((*1=((*3=((+4=((+&=((+(=((+)=
((+*=))F Exercise C((+,= Cash Boo!
((+=(
((+1= ((+3=C
((,4=Ban
!
((,&=(
((,(= ((,)=C
((,*=Ba
((,+=S
((,,= ((,=>
((,1=>
((,3=S
((4= ((&=>
(((=>
(()= ((*= Ba ((+= ((,= ((= ((1= Cash ((3= ((14=
7/26/2019 2010 Yr 9 POA Ans
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((1&=)
((1(= Ban! Qc?
((1)=&3
((1*= ((1+=
((1,= Purchases
((1=(&
((11=
((13=&
((34= 7a<ee%7a<een
((3&= ((3(=&6&
*4
((3)=&
((3*= 8ransport
((3+=1+
((3,=
((3=&
((31= Sales
((33=&)
()44= ()4&=&
()4(= 0%%ice#urniture
()4)= ()4*=&1
()4+=&
()4,= Ahmad
()4= ()41=(44
()43=(
()&4= Ban!charges
()&&= ()&(=4
()&)=)
()&*= Ban! Qc?
()&+=&&
()&,= ()&=(
()&1= U<ma ()&3= ()(4=&+
()(&= ()((= ()()= ()(*= ()(+=)
()(,= Ratino
()(= ()(1=&
()(3= ())4= ())&= ())(= ()))= ())*= CashQc?
())+= ()),=&&
())= ())1= ())3= ()*4= ()*&= ()*(= Balance cd
()*)=)4
()**=&6
()*+= ()*,= ()*=+3
()*1=&63
44
()*3= ()+4= ()+&=+3
()+(=&6
()+)=
0
()+*= Ba
lance d
()++=
)4
()+,=
&64)4
()+= ()+1= ()+3= (),4=
(),&=)9=)F Exercise D
(),)= Cash Boo!(),*=(
(),+= (),,=D
(),=C
(),1=Ba
(),3=(
()4= ()&=D
()(=Ca
())=Ba
()*=
()+= (),=>
()=>
()1=>
()3=
()14= ()1&= ()1(=>
()1)=>
()1*=&
()1+=Balance
d
()1,= ()1=(6
()11=*64
()13=)
()34= Purchases
()3&= ()3(= ()3)=&6
()3*=,
()3+=Sales
()3,= ()3=&6
()31= ()33=*
(*44= Stationer y
(*4&= (*4(=&1
(*4)=
(*4*=(
(*4+='oan
(*4,= (*4= (*41=364
(*43=3
(*&4= JaritaSisters
(*&&=(
(*&(= (*&)=)1
(*&*= (*&+= (*&,= (*&= (*&1= (*&3= (*(4= D (*(&= (*((= (*()=
7/26/2019 2010 Yr 9 POA Ans
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( Saidatul5nt
, &64 & rawings
4
(*(*=(
(*(+=#ran!
(*(,=&
(*(= (*(1=&63
(*(3=&
(*)4= Purchases
(*)&= (*)(=34
(*))=
(*)*= (*)+= (*),= (*)= (*)1= (*)3=&
(**4= Ad"ertising
(**&= (**(=34
(**)=
(***= (**+= (**,= (**= (**1= (**3=(
(*+4= Rent
(*+&= (*+(= (*+)=&61
(*+*= (*++= (*+,= (*+= (*+1= (*+3=(
(*,4= 8ransport e$p
(*,&= (*,(= (*,)=&6&
(*,*= (*,+= (*,,= (*,= (*,1= (*,3=)
(*4= Balancecd
(*&= (*(=(6
(*)=&46
(**= (*+= (*,=&
(*=)6
(*1=&+6
(*3= (*14= (*1&=(
(*1(=)6
(*1)=&+6
(*1*= (*1+= (*1,= (*1= (*11= (*13= (*34= (*3&= (*3(= (*3)=
(*3*=(*3+= Discount Allowed
(*3,=(4
(*3= (*31=>
(*33= (+44= (+4&=>
(+4(=an
(+4)= 8otal (+4*=&44
(+4+= (+4,= (+4=
(+41= (+43= (+&4= (+&&= (+&(= (+&)=
(+&*=(+&+= Discount Recei"ed
(+&,= (+&= (+&1= (+&3=(44
1
(+(4= (+(&=>
(+((= (+()= (+(*= (+(+=an
)&
(+(,= 8otal (+(=(4
(+(1= (+(3= (+)4= (+)&= (+)(= (+))=(+)*=(+)+=(+),=(+)=(+)1=(+)3=(+*4=(+*&=(+*(=(+*)=
7/26/2019 2010 Yr 9 POA Ans
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(+**=(+*+=(+*,=),.F Exercise A
(+*1=
(+*3= )*F Ban< Cas3 Boo< (++&=(++(=
(441 (++)= (++*=> (+++=(441 (++,= (++=>(++1=an (++3= (+,4=
(+,&=an (+,(= (+,)=
(+,*=)&
(+,+= Balance d
(+,,=6+ (+,=
)&(+,1= Insuranc
e(+,3=
(*4
(+4= (+&= (+(= (+)=(+*= Ban!
charges(++=
1,
(+,= (+= (+1= (+3=(+14= yra
EDishonoured=(+1&=
&)(
(+1(= (+1)= (+1*= (+1+=
(+1,= Balance
cd
(+1=
64,*
(+11= (+13=
(+34=6+
(+3&= (+3(=(+3)=6+((
),F
(+3+= )=F Ban< $conciliation !tate2ent as at 9; >anuar4 )**/ (+3=
(+31=(+33=
>
(,44= Balance as per cash oo!(,4&=64,*
(,4(= Add 9 unpresented che/ue(,4)=
),*
(,4*=(,4+=6*(1
(,4,= 'ess9 Unpresented che/ue(,4=
&*
(,41= Balance as per an! statement(,43=6(1&
)=;*F
)=;;F Exercise B
(,&(=
(,&)= Ban< Cas3 Boo<
(,&*=(441 (,&+=
(,&,=>
(,&=(441 (,&1=
(,&3=>
(,(4=No" (,(&= (,((=
(,()=No" (,(*= (,(+=
(,(,=)4
(,(= Balance d
(,(1=&6, (,(3=
)&(,)4= Insuranc
e(,)&=
+44
(,)(=(,))= Din
Din
(,)*=&6)
(,)+=(,),= Ban!
charges(,)=
&(
7/26/2019 2010 Yr 9 POA Ans
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(,)1= (,)3= (,*4= (,*&= (,*(= (,*)=
(,**= (,*+= (,*,= (,*=(,*1= Balance
cd(,*3=(6+&+
(,+4= (,+&=
(,+(=)64
(,+)= (,+*=(,++=)64(
(,+,=(,+=
)=/F Ban< $conciliation !tate2ent as at 9* "o1e2ber )**/
(,+3=(,,4=
>(,,&=
>
(,,(= Balance as per cash oo!(,,)= (,,*=
(6+&+
(,,+= Add 9 unpresented che/ue 9 Cosmos Comapny(,,,=
(6*(( (,,=
(,,1= 9 arud din(,,3=
&634(,4=
*6)3(
(,&=(,(= (,)=
,643
(,*= 'ess9 Unpresented che/ue(,+= (,,=
31&
(,= Balance as per an! statement(,1= (,3=
+63(,(,14=(,1&=(,1(=(,1)=(,1*=
)=/F Exercise C
(,1,=
(,1= )=//F Ban< Cas3 Boo< (,13=(,34=(44
1 (,3&=(,3(=>
(,3)=(441 (,3*=
(,3+=>
(,3,= April (,3= (,31=
(,33= April (44= (4&=
(4(=)4
(4)= AB Aadi
(4*=16& (4+=
)4(4,= Balance
d
(4=)6,
14
(41= (43= (&4= (&&=
(&(= Ban!
charges
(&)=
(*&
(&*= (&+= (&,= (&= (&1= Insurance
(&3=&6,
4+
((4= ((&= (((= (()=((*= Balance
cd
((+=(6,
,4
((,= ((= ((1=16&
((3= ()4= ()&=16&
7/26/2019 2010 Yr 9 POA Ans
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1,
()(=())=
).9,F Ban< $conciliation !tate2ent as at 9* A5ril )**/
()+=(),=
>()=
>
()1= Balance as per cash oo! ()3= (*4=(6,,4
(*&= Add 9 unpresented che/ue 9 &434&(*(=
)6444 (*)=
(**= 9 &43()(*+=
)6&*+(*,=
,6&*+
(*=(*1= (*3=
1614+
(+4= 'ess9 Unpresented che/ue9 ),4((+&=
&6444 (+(=
(+)= 9 ,*1,(+*=
&6&&& (++=
(+,= 9 314+(+=
&61()(+1=
)63)*
(+3= Balance as per an! statement(,4= (,&=
*61&(,(=
).=9F Exercise D
(,*=
(,+= ).==F Ban< Cas3 Boo< (,=(,1=(44
1 (,3=(4=>
(&=(441 ((=
()=>
(*=Mar (+= (,=
(=Mar (1= (3=
(14=)4
(1&= Balance d
(1(=)61 (1)=
)4(1*= Ban!
charges(1+=
(4
(1,=(1= #i$ed
deposit(11=+4 (13=
(34= Insurance
(3&=(1+
(3(=(3)= Batris
ya
(3*=+
(3+= (3,= (3=
(31= (33= (144= (14&=(14(= Balance
cd(14)=*6)43
(14*= (14+=
(14,=*6,
(14= (141=(143=*6,&*
(1&4=(1&&=
)/;)F Ban< $conciliation !tate2ent as at 9* A5ril )**/
(1&)=(1&*=
>(1&+=
>
(1&,= Balance as per cash oo!(1&= (1&1=
*6)43
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(1&3= Add 9 unpresented che/ue 9 11)(1(4=
(1( (1(&=
(1((= 9 11(1()= )(* (1(*=
,4,
(1(+=(1(,= (1(=
*63&+
(1(1= 'ess9 Unpresented che/ue9 Ann(1(3= (1)4=
*&4
(1)&= Balance as per an! statement(1)(= (1))=
*6+4+(1)*=
)/9F
)/9=F
)/9.F
)/9/F
)/9F Exercise E
(1*4=
(1*&= )/,)F Cas3 Boo< Ban< Colu2nF (1*)=
(1**=(4&4
(1*+= (1*,=> (1*=(4&4 (1*1= (1*3=>
(1+4= Aug
)&
(1+&= Balance d
(1+(=3
(1+)= Aug
)&
(1+*= Dishonoured Che/ue
(1++=
(1+,=(1+= Di"ide
nd(1+1=(+ (1+3=
(1,4= AhPing
(1,&=(,4
(1,(= (1,)= (1,*= (1,+=(1,,= Ban!
Charges(1,=
(4
(1,1= (1,3= (14= (1&=
(1(= Balance
cd
(1)=
+)+
(1*= (1+=
(1,=1&
(1= (11=(13=
1&+(114=(11&=
)//)F Ban< $conciliation !tate2ent as at 9; Au7ust )*;*
(11)=(11*=
>(11+=
>
(11,= Balance as per cash oo!(11= (111=
+)+
(113= Add 9 unpresented che/ue (134= (13&=((4
(13(=(13)= (13*=
++
(13+= 'ess9 Unpresented che/ue(13,= (13=
(44
(131= Balance as per an! statement(133= (344=
+++(34&=(34(=
To ic 11 : (ett -as) $oo+
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(34)=(34*=(34+=(34,=
(34= Petty Cash Boo!
(341=Receip
ts
(343=Da (3&4=
Details
(3&&=8
(3&(=0%%ice
5$p
(3&)=8ranspo
rt
(3&*=Stationer
y
(3&+=0th
er s
(3&,=
(3&=(4 (3&1=
(3&3= >
(3(4=>
(3(&=>
(3((=>
(3()=(3(*=>
(3(+=(4
(3(,=&; (3(=
Bal d(3(1=
(3(3=
(3)4=
(3)&=
(3)(=
(3))=14 (3)*=
(3)+=Cash (3),= (3)=
(3)1= (3)3= (3*4=
(3*&= (3*(=(
(3*)=
Donation (3**=, (3*+= (3*,= (3*=
(3*1=
,
(3*3=
(3+4=)
(3+&=0%%ice
tea
(3+(=& (3+)=
&4(3+*=
(3++=
(3+,=
(3+=
(3+1=*
(3+3=8a$i
%ares
(3,4=& (3,&=
(3,(=
&*(3,)=
(3,*=
(3,+=
(3,,=+
(3,=Paper
(3,1=& (3,3=
(34=
(3&=
&(
(3(=
(3)=
(3*=
,
(3+=
Repairs
(3,=
+
(3=
+
(31=
(33=
(314=
(31&=
(31(=
(31)=Bus %are
(31*=*
(31+=
(31,=*
(31=
(311=
(313=
(334=
(33&='oan
(33(=*
(33)=(33*=
(33+=
(33,=*4
(33=
(331=
(333=
)444=3 )44&=
&+)44(=
&1)44)=
&(
)44*=)44+=*,
)44,=)44=)&
)441=Bal cd
)443=3
)4&4=
)4&&=
)4&(=
)4&)=
)4&*=&44 )4&+=
)4&,=
)4&=
& )4&1=
)4&3=
)4(4=
)4(&=
)4((=3
)4()=&; )4(*=
Bal d)4(+=
)4(,=
)4(=
)4(1=
)4(3=
)4)4=3& )4)&=
)4)(=Cash )4))= )4)*=
)4)+= )4),= )4)=
)4)1=9*9F Practice ;
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)4*4=
9*,;F Exercise A
)4*(= Petty Cash Boo!)4*)=Rec
ei
pts
)4**=Dat
e
)4*+= Particular
)4*,=8ot
al
)4*=7a
ge
s
)4*1=Post
ag
e
)4*3=Statio
nery
)4+4=Sun
dr
y
)4+&=>
)4+(=(44
1
)4+)= )4+*=>
)4++=>
)4+,=>
)4+=>
)4+1=>
)4+3= )4,4= Apr
il
)4,&= )4,(= )4,)= )4,*= )4,+= )4,,=
)4,=*
)4,1=&
)4,3= Balance d
)44= )4&= )4(= )4)= )4*=
)4+=*+) )4,= )4= Ban! )41= )43= )414= )41&= )41(=
)41)= )41*=(
)41+= 7ages
)41,=11
)41=11
)411= )413= )434=
)43&= )43(=*
)43)= Postagestamps
)43*=)4
)43+= )43,=)4
)43= )431=
)433= )&44=1
)&4&= 7ages
)&4(=3&
)&4)=3&
)&4*= )&4+= )&4,=
)&4= )&41=&)
)&43= 5n"elopes
)&&4=()
)&&&= )&&(= )&&)=()
)&&*=
7/26/2019 2010 Yr 9 POA Ans
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)&&+= )&&,=&
)&&= 7ages
)&&1=11
)&&3=11
)&(4= )&(&= )&((=
)&()= )&(*=()
)&(+= 2i%t"ouchers
)&(,=*(
)&(= )&(1= )&(3= )&)4=*(
)&)&= )&)(=(,
)&))= Stationery
)&)*=(1
)&)+= )&),= )&)=(1
)&)1=
)&)3= )&*4=)4
)&*&= 7ages
)&*(=1+
)&*)=1+
)&**= )&*+= )&*,=
)&*= )&*1= )&*3= )&+4=*+
)&+&=)+(
)&+(=)4
)&+)=+&
)&+*=*(
)&++= )&+,= )&+= Balance cd
)&+1=(+
)&+3= )&,4= )&,&= )&,(=
)&,)=+44
)&,*= )&,+= )&,,=+44
)&,= )&,1= )&,3= )&4=
)&&=+44
)&(=Ma
y &
)&)= Balance d
)&*= )&+= )&,= )&= )&1=
)&3=(+ )&14= )&1&= Ban! )&1(= )&1)= )&1*= )&1+= )&1,=
)&1=9;//F9;/F9;*F9;;F)&3(= Exercise B
)&3)= Petty Cash Boo!)&3*=Rece
i
pts
)&3+=Dat
)&3,= Particular
)&3=8ot
)&31=7ag
e
s
)&33=Post
a
ge
)(44=Station
er
y
)(4&=8ra"ell
in
g
)(4(=>
)(4)=(44
)(4*= )(4+=>
)(4,=>
)(4=>
)(41=>
)(43=>
)(&4= )(&&=ul
)(&(= )(&)= )(&*= )(&+= )(&,= )(&=
)(&1=1,
)(&3=&
)((4= Balance d
)((&= )(((= )(()= )((*= )((+=
)((,=(&*
)((= )((1= Ban!
)((3= )()4= )()&= )()(= )())=
)()*= )()+=, )(),= 7ages )()=)( )()1=)( )()3= )(*4= )(*&=)(*(= )(*)=
)(**= Post
agestamps
)(*+=(+
)(*,= )(*=(+
)(*1= )(*3=
)(+4= )(+&=3
)(+(= Parcel post
)(+)=*
)(+*= )(++=*
)(+,= )(+=
)(+1= )(+3=&4
)(,4= 7ages
)(,&=&1
)(,(=&1
)(,)= )(,*= )(,+=
)(,,= )(,= )(,1= #a$Paper
)(,3=*(
)(4= )(&= )((=*(
)()=
)(*= )(+= )(,= 8a$i )(= )(1= )(3= )(14= )(1&=
7/26/2019 2010 Yr 9 POA Ans
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&& #are &( &()(1(= )(1)=
&()(1*= 5n"
elopes)(1+=
1)(1,= )(1= )(11=
1)(13=
)(34= )(3&=&)
)(3(= 8ransportclaims
)(3)=+
)(3*= )(3+= )(3,= )(3=+
)(31= )(33=&*
))44= Registered mail
))4&=&)
))4(= ))4)=&)
))4*= ))4+=
))4,= ))4=
&
))41= 7ag
es
))43=
(&
))&4=
(&
))&&= ))&(= ))&)=
))&*= ))&+=()
))&,= Caron paper
))&=&+
))&1= ))&3= ))(4=&+
))(&=
))((= ))()=(*
))(*= -oucher oo!s
))(+=3
))(,= ))(= ))(1=3
))(3=
)))4= )))&= )))(= 8a$i%are
))))=&+
)))*= )))+= ))),= )))=&+
)))1= )))3=(,
))*4= 7ages
))*&=)&
))*(=)&
))*)= ))**= ))*+=
))*,= ))*=(
))*1= 8ransportclaims
))*3=(&
))+4= ))+&= ))+(= ))+)=(&
))+*= ))++=
(3
))+,= #a$
paper
))+=
&&
))+1= ))+3= )),4=
&&
)),&=
)),(= )),)= )),*= )),+= )),,= )),= )),1= )),3=
))4= ))&= ))(= )))=(1(
))*=&4(
))+=*(
)),=1+
))=+)
))1= ))3= ))14= Balance cd
))1&=&1
))1(= ))1)= ))1*= ))1+=
))1,=)44
))1= ))11= ))13=)44
))34= ))3&= ))3(= ))3)=
))3*=&1
))3+= Au
))3,= Balance d
))3= ))31= ))33= )*44= )*4&=
)*4(=)44
)*4)= )*4*= Ban!
)*4+= )*4,= )*4= )*41= )*43=
9,;*F9,;;F Exercise C
)*&(= Petty Cash Boo!)*&)=Recei
pts
)*&*=Dat
e
)*&+=N
)*&,= Particular
)*&=8
)*&1=Posta
ge
)*&3=8r
)*(4=Station
ery
)*(&=0%%ice
5$.
)*((=>
)*()=(44
1
)*(*= )*(+= )*(,=>
)*(=>
)*(1=>
)*(3=>
)*)4=>
)*)&= )*)(=
Aug
)*))= )*)*= )*)+= )*),= )*)= )*)1= )*)3=
)**4=*44
)**&=&
)**(= )**)= Ban!
)***= )**+= )**,= )**= )**1=
)**3= )*+4=&
)*+&=(
)*+(=Postage
)*+)=,
)*+*=,
)*++= )*+,= )*+=
)*+1= )*+3=3
)*,4=(
)*,&=8yping
paper
)*,(=*
)*,)= )*,*= )*,+=*4
)*,,=
)*,= )*,1=&)
)*,3=(
)*4=8a$i %are
)*&=&
)*(= )*)=&)
)**= )*+=
7/26/2019 2010 Yr 9 POA Ans
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)*,= )*=&)
)*1=(
)*3=0%%ice
Clean
)*14=+
)*1&= )*1(= )*1)= )*1*=+4
)*1+= )*1,=&
)*1=(
)*11=Stamps
)*13=3
)*34=3
)*3&= )*3(= )*3)=
)*3*= )*3+=&3
)*3,=)
)*3=8rain
tic!ets
)*31=(
)*33= )+44=(&
)+4&= )+4(=
)+4)= )+4*=(&
)+4+=)
)+4,=5n"elopes
)+4=+
)+41= )+43= )+&4=+
)+&&=
)+&(= )+&)=(&
)+&*=)
)+&+=8a$i %ares
)+&,=(
)+&= )+&1=(*
)+&3= )+(4=
)+(&= )+((=(,
)+()=)
)+(*=0%%ice
Clean
)+(+=+
)+(,= )+(= )+(1= )+(3=+4
)+)4= )+)&=(,
)+)(=)
)+))=0%%ice
repair s
)+)*=
)+)+= )+),= )+)= )+)1=4
)+)3= )+*4=(1 )+*&=) )+*(=Stamppads
)+*)=& )+**= )+*+= )+*,=&( )+*=
)+*1= )+*3= )++4= )++&= )++(=)
)++)=&+
)++*=+1
)+++=+
)++,=&4
)++= )++1= )++3= )+,4= Balancecd
)+,&=&
)+,(= )+,)= )+,*= )+,+=
)+,,=*44
)+,= )+,1= )+,3= )+4=*
)+&= )+(= )+)= )+*=
)++=&44
)+,=Sep
t &
)+=)+1= B
alanced
)+3= )+14= )+1&= )+1(= )+1)=
)+1*=)44
)+1+= )+1,=)+1= B
an!)+11= )+13= )+34= )+3&= )+3(=
)+3)=)+3*=)+3+=)+3,=)+3=9/F
9F9=**F9=*;F Exercise A),4(=),4)= a= Straight line method ),4*= = Reducing Balance Method),4+= ),4,=),4= ear & ; >+*6444 $ (4 @ >&46144 ),41= ear & >+*6444),43= ),&4= (4 ; >&46144 ),&&= ear ( ; >+*6444 $ (4 @ >&46144 ),&(= ear ( > *)6(44),&)= ),&*= (4 ; > 16,*4
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),&+= ear ) ; >+*6444 $ (4 @ >&46144 ),&,= ear ) >)*6+,4),&= ),&1= (4 > ,63&( ),&3= ),(4= >(6,*1),(&= ),((=),()=9=),F Exercise B9=)F -!trai73t Line Met3od
),(,= Motor -an Account),(=(44,
),(1= ),(3= > ),)4=(44,
),)&= ),)(=
),))=an &
),)*= Ban! ),)+= ,16444
),),=Dec
)&
),)= Depreciation
),)1=)6,
),)3= ),*4= ),*&= ),*(= ),*)= Balance cd
),**=*6*
),*+= ),*,= ),*= ,16444
),*1= ),*3= ),+4=164
),+&= ),+(= ),+)= ),+*= ),++= ),+,=),+=
(44
),+1= ),+3= ),,4=
(44
),,&= ),,(=
),,)=an &
),,*= Balance d
),,+= +*6*44
),,,=Dec)
&
),,= Depreciation
),,1=)6,
),,3= ),4= ),&= ),(= ),)= Balance cd
),*=461
),+= ),,= ),= +*6*44
),1= ),3= ),14=*6*
),1&= ),1(= ),1)= ),1*= ),1+= ),1,=),1=(441
),11= ),13= ),34=(441
),3&= ),3(=
),3)=an &
),3*= Balance d
),3+= *46144
),3,=Dec
)&
),3= Depreciation
),31=)6,
),33= )44= )4&= )4(= )4)= Balance cd
)4*=6(
)4+= )4,= )4= *46144
)41= )43= )&4=461
)&&= )&(= )&)= )&*= )&+= )&,=
)&=(443
)&1= )&3= )(4= )(&= )((=
)()=
an &
)(*= Balanc
e d
)(+= (
6(44
)(,= )(= )(1=
)(3=))4= Depreciation Account
))&=(44,
))(= )))= > ))*=(44,
))+= )),=
))=Dec
)&
))1= Motor-an
))3= &)6,44
)*4=Dec
)&
)*&= Pro%itand 'oss
)*(=)6,
)*)= )**= )*+= )*,= )*= )*1=
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(44 (44)*3=Dec
)&
)+4= Motor-an
)+&= &)6,44
)+(=Dec
)&
)+)= Pro%itand 'oss
)+*=)6,
)++=(441
)+,= )+= )+1=(441
)+3= ),4=
),&=
Dec)&
),(= Motor
-an
),)= &
)6,44
),*=
Dec)&
),+= Pro%it
and 'oss
),,=
)6,
),=9.=/F9.=F9..*F9..;F9..)F $educin7 Balance Met3od
))= Motor -an Account)*=
(44,
)+= ),=
>
)=
(44,
)1= )3=
>)14=an
&
)1&= Ban!
)1(=,16444
)1)=Dec
)&
)1*= Depr eciation
)1+=&)6,44
)1,= )1= )11= )13= )34= Balance cd
)3&=+*6*44
)3(= )3)= )3*=,16444
)3+= )3,= )3=,16444
)31= )33= )144= )14&= )14(= )14)=
)14*=(44
)14+= )14,= )14=(44
)141= )143=
)1&4=an
&
)1&&= Balance d
)1&(=+*6*44
)1&)=Dec
)&
)1&*= Depr eciation
)1&+=&46114
)1&,= )1&= )1&1= )1&3= )1(4= Balance cd
)1(&=*)6+(4
)1((= )1()= )1(*=+*6*44
)1(+= )1(,= )1(=+*6*44
)1(1= )1(3= )1)4= )1)&= )1)(= )1))=
)1)*=(44
1
)1)+= )1),= )1)=(44
1
)1)1= )1)3=
)1*4=an
&
)1*&= Balance d
)1*(=*)6+(4
)1*)=Dec
)&
)1**= Depr eciation
)1*+=164*
)1*,= )1*= )1*1= )1*3= )1+4= Balance cd
)1+&=)*61&,
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)1+(= )1+)= )1+*=*)6+(4
)1++= )1+,= )1+=*)6+(4
)1+1=(44
3
)1+3= )1,4= )1,&= )1,(= )1,)=
)1,*=an
&
)1,+= Balance d
)1,,=)*61&,
)1,= )1,1= )1,3=
)14=)1&= Depreciation Account
)1(=(44,
)1)= )1*= > )1+=(44,
)1,= )1=
)11=Dec
)&
)13= Motor-an
)114= &)6,44
)11&=Dec
)&
)11(= Pro%itand 'oss
)11)=)6,
)11*= )11+= )11,= )11= )111= )113=)134=(44
)13&= )13(= )13)=(44
)13*= )13+=
)13,=Dec
)&
)13= Motor-an
)131= &46114
)133=Dec
)&
)344= Pro%itand 'oss
)34&=461
)34(= )34)= )34*= )34+= )34,= )34=)341=(441
)343= )3&4= )3&&=(441
)3&(= )3&)=
)3&*=Dec
)&
)3&+= Motor-an
)3&,= 164*
)3&=Dec
)&
)3&1= Pro%itand 'oss
)3&3=64
)3(4=9);F Exercise C
)3((= Machinery Account)3()=(44
,
)3(*= )3(+=>
)3(,=(44,
)3(= )3(1=>
)3(3=uly
&
)3)4= Ban!
)3)&=+,6444
)3)(=Dec
)&
)3))= Depr eciation
)3)*=)6(+4
)3)+= )3),= )3)= )3)1= )3)3= Balance cd
)3*4=+(6+4
)3*&= )3*(= )3*)=+,6444 )3**= )3*+= )3*,=+,6444)3*= )3*1= )3*3= )3+4= )3+&= )3+(=
)3+)=(44
)3+*= )3++= )3+,=(44
)3+= )3+1=
)3+3=an
&
)3,4= Balance d
)3,&=+(6+4
)3,(=Dec
)&
)3,)= Depr eciation
)3,*=,6+44
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)3,+= )3,,= )3,= )3,1= )3,3= Balance cd
)34=*,6(+4
)3&= )3(= )3)=+(6+4
)3*= )3+= )3,=+(6+4
)3= )31= )33= )314= )31&= )31(=
)31)=(44
1
)31*= )31+= )31,=(441
)31= )311=
)313=an
&
)334= Balance d
)33&=*,6(+4
)33(=Dec
)&
)33)= Depr eciation
)33*=,6+44
)33+= )33,= )33= )331= )333= Balance cd
*444=)36+4
*44&= *44(= *44)=*,6(+4
*44*= *44+= *44,=*,6(+4
*44= *441= *443= *4&4= *4&&= *4&(=
*4&)=(443
*4&*= *4&+= *4&,= *4&= *4&1=
*4&3=an
&
*4(4= Balance d
*4(&=)36+4
*4((= *4()= *4(*=
*4(+= *4(,= *4(= *4(1= *4(3= *4)4=
*4)&=*4)(= Depreciation Account
*4))=(44
,
*4)*= *4)+=>
*4),=(44
,
*4)= *4)1=>
*4)3=Dec
)&
*4*4= Machinery
*4*&=)6(+4
*4*(=Dec
)&
*4*)= Pro% it and 'oss
*4**=)6(+4
*4*+= *4*,= *4*= *4*1= *4*3= *4+4=
*4+&=(44
*4+(= *4+)= *4+*=(44
*4++= *4+,=
*4+=Dec
)&
*4+1= Machinery
*4+3=,6+44
*4,4=Dec
)&
*4,&= Pro% it and 'oss
*4,(=,6+44
*4,)= *4,*= *4,+= *4,,= *4,= *4,1=
*4,3=(44
1
*44= *4&= *4(=(44
1
*4)= *4*=>
*4+=Dec
)
*4,= Machinery
*4=,6+44
*41=Dec
)
*43= Pro% it and 'oss
*414=,6+44
7/26/2019 2010 Yr 9 POA Ans
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& &*41&=,*/)F Exercise D*41)=
*41*= Motor 'orry Account*41+=(44
,
*41,= *41=>
*411=(44
,
*413= *434=>
*43&=an
&
*43(= Ban! *43)=&(464
44
*43*=Dec
)&
*43+= Balancecd
*43,=&(4644
4
*43= *431= *433= *&44= *&4&= *&4(=*&4)=(44
*&4*= *&4+= *&4,=(44
*&4= *&41=
*&43=an
&
*&&4= Balanced
*&&&=&(464
44
*&&(=Dec
)
&
*&&)= Balancecd
*&&*=&(4644
4
*&&+= *&&,= *&&= *&&1= *&&3= *&(4=*&(&=(44
1
*&((= *&()= *&(*= *&(+= *&(,=
*&(=an
&
*&(1= Balanced
*&(3=&(464
44
*&)4= *&)&= *&)(=
*&))= *&)*= *&)+= *&),= *&)= *&)1=*&)3= Pro"ision %or Depreciation
*&*4=(44
,
*&*&= *&*(=>
*&*)=(44
,
*&**= *&*+=>
*&*,=Dec
)&
*&*= Balancecd
*&*1=(*644
4
*&*3=Dec
)&
*&+4= Depreciation
*&+&=(*6444
*&+(= *&+)= *&+*= *&++= *&+,= *&+=*&+1=(44
*&+3= *&,4= *&,&=(44
*&,(= *&,)=
*&,*=Dec
)&
*&,+= Balancecd
*&,,=*)6(4
4
*&,=an
&
*&,1= Balanced
*&,3=(*6444
*&4= *&&= *&(= *&)=Dec
)&
*&*= Depreciation
*&+=&36(44
*&,= *&= *&1=*)6(4
4
*&3= *&14= *&1&=*)6(44
*&1(= *&1)= *&1*= *&1+=(44
*&1,= *&1=
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1*&11= *&13= *&34= *&3&=
an&
*&3(= Balanced
*&3)=*)6(44
*&3*=*&3+= Depreciation Account
*&3,=
(44,
*&3= *&31=
>
*&33=
(44,
*(44= *(4&=
>
*(4(=Dec
)&
*(4)= Pro"ision%or Depreciation
*(4*=(*64
44
*(4+=Dec
)&
*(4,= Pro%itand 'oss
*(4=(*644
4
*(41= *(43= *(&4= *(&&= *(&(= *(&)=*(&*=(44
*(&+= *(&,= *(&=(44
*(&1= *(&3=
*((4=Dec
)&
*((&= Pro"ision%or Depreciation
*(((=&36(
44
*(()=Dec
)&
*((*= Pro%itand 'oss
*((+=&36(4
4
*((,=,)).F Exercise E*((1=*((3= Depreciation @ Cost ; Scrap -alue @ > (*444 ; >,444 @
(9=** 5a.*()4= No. o% years + yrs*()&=
*()(= Motor -an Account*())=(441
*()*= *()+=>
*(),=(441
*()= *()1>
*()3=uly
&
*(*4= Balance d *(*&=(*6444
*(*(=Dec
)&
*(*)= Disposal *(**(*6
*(*+= *(*,= *(*= *(*1= *(*3= *(+4
*(+&=*(+(= Pro"ision %or Depreciation Account
*(+)=(44
1
*(+*= *(++=>
*(+,=(44
1
*(+= *(+1=>
*(+3=Dec)&
*(,4= Disposal *(,&=36444 *(,(=an&
*(,)= Balanced *(,*=+6*44
*(,+= *(,,= *(,= *(,1=Dec
)&
*(,3= Depreciation
*(4=)6,44
*(&= *((= *()=36444
*(*= *(+= *(,=36444
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*(= *(1= *(3= *(14= *(1&= *(1(=*(1)=
*(1*= Disposal o% Motor -an Account*(1+=(44
1
*(1,= *(1=>
*(11=(4
*(13= *(34=>
*(3&=
Dec)&
*(3(= Motor
-an
*(3)=
(*6444
*(3*=
De
*(3+= Pro"ision
%or Depreciation
*(3,=
36444
*(3= *(31= *(33= *)44= *)4&= Ban! *)4(=&*64
44
*)4)= *)4*= *)4+= *)4,= *)4= 'oss onDisposal
*)41=&644
4*)43= *)&4= *)&&=
(*644
4
*)&(= *)&)= *)&*=(*64
44*)&+= *)&,= *)&= *)&1= *)&3= *)(4=*)(&=*)((=*)()=*)(*=*)(+=*)(,=,9).F Exercise A
*)(1= 2eneral ournal
*)(3=(441
*))4= ,99;FD$ ,99)FC$
*)))= *))*= ,99F(
,99=F(
*))=un
e )4
*))1= Bad Dets *))3=&(4
*)*4=
*)*&= *)*(= 'ily *)*)= *)**=
&(4*)*+= *)*,= Being ad dets written o%% *)*= *)*1=
*)*3=*)+4= Bad Dets Account
*)+&=(44
1
*)+(= *)+)=>
*)+*= *)++= *)+,=>
*)+=un
*)+1= 'ily *)+3=&(
*),4= *),&= *),(=
To ic 13 : $ad Debts and (ro0ision of Doubtful
7/26/2019 2010 Yr 9 POA Ans
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e )4
*),)= *),*= *),+= *),,= *),= *),1=*),3=
*)4= 'ily?s Account
*)&=(441
*)(= *))=> *)*=(441 *)+= *),=>
*)=an
&
*)1= Balanced
*)3=&(4
*)14=un )4
*)1&= BadDets
*)1(=&(4
*)1)= *)1*= *)1+= *)1,= *)1= *)11=
*)13=,9*F Exercise B*)3&=
*)3(= 8ashim?s Account
*)3)=(441
*)3*= *)3+=>
*)3,=(441
*)3= *
*)33=an &
**44= Balance d **4&=)6,44
**4(=uly
()
**4)= Ban! *
**4+= **4,= **4= **41=Sept
&3
**43= Ban! *+
**&&= **&(= **&)= **&*= **&+= Bad Dets *(
**&= **&1= **&3=)6,44
**(4= **(&= *)
**()= **(*= **(+= **(,= **(= *
**(3=,,9*F Exercise C
**)&= Cash Account**)(=(44
1
**))= **)*=>
**)+= **),= **)=
**)1=
uly
**)3= Bad Dets
reco"ered
***4=
(+4
***&= ***(= ***)=
****= ***+= ***,= ***= ***1= ***3=**+4=
**+&= Bad Dets Reco"ered Account**+(= **+)= **+*= **++=
(441**+,= **+=
>**+1= **+3= **,4= **,&=
uly **,(= Cash **,)=
(+4**,*= **,+= **,,= **,= **,1= **,3=
7/26/2019 2010 Yr 9 POA Ans
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,,.*F,,.;F Exercise D
**(= 2eneral ournal**)=(44
1
***= **+= DR
**,= CR
**= **1= **3= > **14= >**1&=Dec
)&
**1(= Pro%it and 'oss **1)= &4
**1*=
**1+= **1,= Pro"ision %or Bad Dets **1= **11= &4
**13= **34= Being creation o% pro"ision %or addets.
**3&= **3(=
**3)=**3*= Pro"ision %or Bad Dets Account
**3+= **3,= **3= **31=
(441
**33= *+44=
>*+4&= *+4(= *+4)= *+4*=Dec
)&
*+4+= Pro%it and'oss Account
*+4,=&4
*+4= *+41= *+43= *+&4= *+&&= *+&(=*+&)=
*+&*= Pro%it and 'oss Accounts %or the year ended )& Decemer (441*+&+=*+&,= Pro"ision %or ad dets
*+&=>
*+&1= *+&3= *+(4=
*+((=&4
*+()= *+(*= *+(+=
*+(= *+(1= *+(3= *+)4=*+)&=
*+)(= Balance sheet as at )& Decemer (441*+))= Current
Assets*+)*=
>*+)+=
>*+),= *+)= *+)1=
*+)3= Detors *+*4=16+44
*+*&= *+*(= *+*)= *+**=
*+*+= 'ess9pro"ision %or BadDet
*+*,=&4
*+*= *+*1= *+*3= *++4=
*++&= *++(= *++)=
16))4
*++*= *+++= *++,=
*++=*++1=*++3=*+,4=*+,&=*+,(=*+,)=*+,*=*+,+=
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*+,,=*+,=*+,1=*+,3=*+4=*+&=*+(=*+)=
*+*=*++=*+,=*+=,./F E@E$CI!E A: AdJust2ents for Ex5ense*+3=
*+14= Rent Paid Account*+1&=(44
3
*+1(= *+1)=>
*+1*=(44
3
*+1+= *+1,=>
*+1=De
c )&
*+11= Ban! *+13=36,
)4
*+34=De
c )&
*+3&= Pro%it and'oss
*+3(=&46
*14
*+3)= *+3*= Balance cd *+3+=1+4
*+3,= *+3= *+31=
*+33= *,44= *,4&=&46
*14
*,4(= *,4)= *,4*=&46
*14
*,4+= *,4,= *,4= *,41=(4&4
*,43= *,&4=
*,&&= *,&(= *,&)= *,&*=an
&
*,&+= Balance cd *,&,=1+4
*,&=*,&1= Pro%it and 'oss Account %or the year ended )& Decemer (443
*,&3= *,(4= *,(&=>
*,((= *,()= *,(*=
*,(+= *,(,= Rent *,(=&46
*14
*,(1= *,(3= *,)4=
*,)&= *,)(= *,))= *,)*= *,)+= *,),=*,)=
*,)1= Balance Sheet as at )& Decemer (443*,)3= *,*4= *,*&= *,*(= *,*)= *,**=
>*,*+= *,*,= *,*= ,=,/F Current Liabilities *,*3= *,+4=*,+&= *,+(= *,+)= *,+*= Accured 5$penses *,++= *,+,=
7/26/2019 2010 Yr 9 POA Ans
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1+
*,+= *,+1= *,+3= *,,4= *,,&= *,,(=*,,)= *,,*= *,,+= *,,,= *,,= *,,1=
*,,3=,=.*F E@E$CI!E B: AdJust2ents for Ex5ense*,&=
*,(= Salaries Account*,)=(44
1
*,*= *,+=>
*,,=(44
1
*,= *,1=>
*,3=Dec
)&
*,14= Ban! *,1&=&)6
)(4
*,1(=an
&
*,1)= Balance d *,1*=(6*
)4
*,1+= *,1,= Balance cd *,1=144
*,11=Dec
)&
*,13=Pro%it and 'oss *,34=&&6,
34
*,3&= *,3(= *,3)=&*6
&(4
*,3*= *,3+= *,3,=&*6
&(4
*,3= *,31= *,33= *44=(44
1
*4&= *4(=
*4)= *4*= *4+= *4,=an
&
*4= Balance d *41=144
*43= *&4= Pro%it and 'oss Account %or the year ended )& Decemer (443*&&= *&(= *&)=
>*&*= *&+= *&,=
*&= *&1= Salaries *&3=&&6
,34
*(4= *(&= *((=
*()= *(*= *(+= *(,= *(= *(1=*(3=
*)4= Balance Sheet as at )& Decemer (443*)&= *)(= *))= *)*= *)+= *),=
>*)= *)1= *)3= ,.,*F Current
Liabilities**&= **(=
**)= ***= **+= **,= Accured5$penses
**= **1=144
**3= *+4= *+&= *+(= *+)= *+*=*++= *+,= *+= *+1= *+3= *,4=
*,&=*,(=
7/26/2019 2010 Yr 9 POA Ans
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*,)=*,*= Rent Account
*,+=(443
*,,= *,=>
*,1=(44
3
*,3= *4=>
*&=un
)
4
*(= Ban! *)=),4
**=un
)
4
*+= Pro%it and'oss
*,=*14
*= *1= Balance cd *3=&(4
*14= *1&= *1(=
*1)= *1*= *1+=*14
*1,= *1= *11=*14
*13= *34= *3&= *3(=uly
&
*3)= Balance d *3*=&(4
*3+= *3,= *3= *31= *33= *144=*14&=,/*)F E@E$CI!E C: AdJust2ents for Ex5ense
*14)= *14*= Sundry 5$penses Account*14+=(443
*14,= *14=>
*141=(44
3
*143= *1&4=>
*1&&=Dec
)4
*1&(= Ban! *1&)=),4
*1&*=an
&
*1&+= Balance d *1&,=+4
*1&= *1&1= Balance cd *1&3=)4
*1(4=Dec
)
&
*1(&= Pro%it and'oss
*1((=)*4
*1()= *1(*= *1(+=
)34
*1(,= *1(= *1(1=)34
*1(3= *1)4= *1)&= *1)(=(4&
4
*1))= *1)*=
*1)+= *1),= *1)= *1)1=an
&
*1)3= Balance d *1*4=)4
*1*&=*1*(= 7ages Account
*1*)=(443
*1**= *1*+=>
*1*,=(44
3
*1*= *1*1=>
*1*3=Dec
)4
*1+4= Ban! *1+&=3+
4
*1+(=an
&
*1+)= Balance d *1+*=)+4
7/26/2019 2010 Yr 9 POA Ans
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*1++= *1+,= Balance cd *1+=)4
*1+1=Dec
)&
*1+3= Pro%it and'oss
*1,4=3
4
*1,&= *1,(= *1,)=&4&
(4
*1,*= *1,+= *1,,=&4&
(4
*1,= *1,1= *1,3= *14=(4&
4
*1&= *1(=
*1)= *1*= *1+= *1,=an
&
*1= Balance d *11=)4
*13=,//*F E@E$CI!E D: AdJust2ents for Ex5ense*11&=
*11(= Insurance Account*11)=
(443
*11*= *11+=
>
*11,=
(443
*11= *111=
>
*113=Dec
)&
*134= Ban! *13&=(+4
*13(=Dec
)&
*13)= Pro%it and'oss
*13*=&+4
*13+= *13,= *13= *131= *133= Balance cd *344=&44
*34&= *34(= *34)=(+4
*34*= *34+= *34,=(+4
*34=(4&4
*341= *343= *3&4= *3&&= *3&(=
*3&)=an
&
*3&*=Balance d *3&+=&44
*3&,= *3&= *3&1=
*3&3=*3(4= Insurance Account
*3(&=(441
*3((= *3()=>
*3(*=(44
1
*3(+= *3(,=>
*3(=an &
*3(1= Balance.d
*3(3=*4
*3)4=Dec
)&
*3)&= Pro%it and'oss
*3)(=()+
*3))=Dec
)&
*3)*= Ban! *3)+=(*4
*3),= *3)= Balance cd *3)1=*+
*3)3= *3*4= *3*&=(14
*3*(= *3*)= *3**=(14
*3*+=(443
*3*,= *3*= *3*1= *3*3= *3+4=
*3+&=an &
*3+(=Balance d *3+)=*+
*3+*= *3++= *3+,=
7/26/2019 2010 Yr 9 POA Ans
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*3+=*3+1=*3+3=*3,4=*3,&=*3,(=*3,)=,=,F E@E$CI!E E: AdJust2ents for Ex5ense
*3,+= a=*3,,= Rates Account
*3,=(44
3
*3,1= *3,3=>
*34=(44
3
*3&= *3(=>
*3)=an
&
*3*=Balance d *3+=&(,
*3,=Dec
)&
*3= Pro%it and'oss
*31=+((
*33=Ma
y
)&
*314= Ban! *31&=(,*
*31(= *31)= Balance cd *31*=&)(
*31+=No"
&
*31,= Ban! *31=(,*
*311= *313= *334=
*33&= *33(= *33)=,+*
*33*= *33+= *33,=,+*
*33=(4&
4
*331= *333= +444= +44&= +44(=
+44)=an&
+44*=Balance d +44+=&)( +44,= +44= +441=
+443=+4&4= =
+4&&= Rates Account+4&(=(443
+4&)= +4&*=>
+4&+=(44
3
+4&,= +4&=>
+4&1=an &
+4&3=Balance d +4(4=34
+4(&=Dec
)
&
+4((= Pro%it and'oss
+4()=)34
+4(*=Dec
)&
+4(+= Ban! +4(,=(44
+4(= +4(1= +4(3=
+4)4= +4)&= Balance cd +4)(=&44
+4))= +4)*= +4)+=
+4),= +4)= +4)1=)34
+4)3= +4*4= +4*&=)34
+4*(= +4*)= +4**= +4*+= +4*,= +4*=
7/26/2019 2010 Yr 9 POA Ans
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(4&4
+4*1= +4*3= +4+4= +4+&=an
&
+4+(= Balance d +4+)=&44
+4+*= +4++= +4+,= +4+= +4+1= +4+3=+4,4=+4,&=+4,(= 5O5RCIS5 #9 AdFustments %or Re"enue+4,)=+4,*= a=
+4,+= Rent Recei"ale Account+4,,=(44
3
+4,= +4,1=>
+4,3=(44
3
+44= +4&=>
+4(=an
&
+4)=Balance d +4*=(44
+4+=Dec
)&
+4,= Ban! +4=)6&
44
+41=Dec)&
+43= Pro%it and'oss +414=)6444
+41&= +41(= Balance cd +41)=&44
+41*= +41+= +41,=)6(
44
+41= +411= +413=)6(
44
+434= +43&= Balance d +43(=&44
+43)= +43*= +43+=
+43,= +43= +431= +433= +&44= +&4&=+&4(=
+&4)= Pro%it and 'oss Account %or the year ended )& Decemer (443+&4*= +&4+= +&4,=+&4= +&41= +&43=
>+&&4= +&&&= +&&(=+&&)= +&&*= Rent Recei"ale +&&+=
)6444
+&&,= +&&= +&&1=+&&3= +&(4= +&(&=+&((=
+&()= Balance Sheet as at )& Decemer (443+&(*= +&(+= +&(,=
>
+&(= +&(1= +&(3=
+&)4= ;9;F Current Assets +&)(= +&))= +&)*= +&)+=+&),= +&)= Accured rent
recei"ale+&)1=&44
+&)3= +&*4= +&*&=
+&*(= +&*)= +&**= +&*+= +&*,= +&*=+&*1= +&*3= +&+4= +&+&= +&+(= +&+)=
+&+*=+&++=+&+,=+&+=+&+1=
7/26/2019 2010 Yr 9 POA Ans
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+&+3=;=*F E@E$CI!E ?: AdJust2ents for $e1enue+&,&=+&,(= a=+&,)= +&( O >,444 @ >(+44+&,*=
+&,+= Rent Recei"ale Account+&,,=
(443
+&,= +&,1=
>
+&,3=
(443
+&4= +&&=
>
+&(=Sept
)4
+&)= Pro%it and'oss
+&*=(6+
44
+&+=Ma
y &
+&,= Ban! +&=&6+
44
+&1= +&3= Balance cd +&14=+44
+&1&= Aug
&
+&1(= Ban! +&1)=&6+
44
+&1*= +&1+= +&1,=)64
44
+&1= +&11= +&13=)64
44
+&34= +&3&= +&3(= +&3)=0ct
&
+&3*= Balance d +&3+=+44
+&3,= +&3= +&31= +&33= +(44= +(4&=+(4(=+(4)= =
+(4*= Commission Recei"ale Account+(4+= +(4,= +(4= +(41=
(443
+(43= +(&4=
>
+(&&= +(&(= +(&)= +(&*=Dec
)&
+(&+= Ban! +(&,=)(4
+(&= +(&1= +(&3= +((4= +((&= +(((=+(()=+((*= c=
+((+= Commission Recei"ale Account+((,=(443
+((= +((1=>
+((3=(44
3
+()4= +()&=>
+()(=Dec
)&
+())= Pro%it and'oss
+()*=)14
+()+=Dec
)&
+(),= Ban! +()=)(4
+()1= +()3= +(*4= +(*&= +(*(= Balance cd +(*)=,4
+(**= +(*+= +(*,=)14
+(*= +(*1= +(*3=)14
+(+4= +(+&= +(+(= +(+)= +(+*= +(++=
7/26/2019 2010 Yr 9 POA Ans
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(4&4+(+,=an
&
+(+=Balance d +(+1=,4
+(+3= +(,4= +(,&=
+(,(=)=9F E@E$CI!E H: AdJust2ents for $e1enue+(,*=+(,+= a=
+(,,= Rent Recei"ale Account+(,=(44
3
+(,1= +(,3=>
+(4=(44
3
+(&= +((=>
+()=Dec
)&
+(*= Pro%it and'oss
+(+=6(
44
+(,=Mar
)&
+(= Ban! +(1=&61
44
+(3= +(14= +(1&= +(1(=un
)
4
+(1)= Ban! +(1*=&61
4
4+(1+= +(1,= +(1= +(11=Sep
)4
+(13= Ban! +(34=&61
44
+(3&= +(3(= +(3)= +(3*=Dec
)&
5295) Balance c/d 5296)1,8
0 0
+(3= +(31= +(33=6(
4
4
+)44= +)4&= +)4(=6(
4
4+)4)=(4&
4
+)4*= +)4+= +)4,= +)4= +)41=
+)43=an
&
+)&4=Balance d +)&&=&61
44
+)&(= +)&)= +)&*=
+)&+=+)&,= =
+)&= Rent Recei"ale Account+)&1=
(443
+)&3= +)(4=
>
+)(&=(
443
+)((= +)()=
>
+)(*=Dec
)&
+)(+= Pro%it and'oss
+)(,=)64
44
+)(=an&
+)(1= Balance d +)(3=(44
+))4= 5331) Balancec/d
5332)300
+)))=Dec)
+))*= Ban! +))+=)6&4
4
7/26/2019 2010 Yr 9 POA Ans
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&+)),= +))= +))1=
)6)44
+))3= +)*4= +)*&=)6)4
4
+)*(= +)*)= +)**= +)*+=(4&4
+)*,= +)*=
+)*1= +)*3= +)+4= +)+&=an&
+)+(= Balance d +)+)=)44
+)+*=+)++=9=F E@E$CI!E I: AdJust2ents for $e1enue+)+=+)+1= a=
+)+3= +&( O >,444 @ >(+44
+),4= +),&= Rent Recei"ale Account+),(=(44
3
+),)= +),*=>
+),+=(44
3
+),,= +),=>
+),1=Sep
t )4
+),3= Pro%it and'oss
+)4=(6+
44
+)&=Ma
y &
+)(= Ban! +))=&6(
44
+)*= +)+= +),= +)=
Aug&
+)1= Ban! +)3=
&6(44
+)14= +)1&= +)1(= +)1)=Sep
t )4
+)1*= Balance cd +)1+=&44
+)1,= +)1= +)11=(6+
4
4
+)13= +)34= +)3&=(6+
4
4+)3(=0ct
&
+)3)=Balance d +)3*=&44
+)3+= +)3,= +)3=
+)31=+)33= =
+*44= Rent Recei"ale Account+*4&=(44
3
+*4(= +*4)=>
+*4*=(44
3
+*4+= +*4,=>
7/26/2019 2010 Yr 9 POA Ans
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+*4=Dec
)&
+*41= Pro%it and'oss
+*43=6(
44
+*&4=Mar
)&
+*&&= Ban! +*&(=)64
44
+*&)= +*&*= Balance cd +*&+=&61
44
+*&,=un
)4
+*&= Ban! +*&1=)64
44
+*&3= +*(4= +*(&= +*((=Sep
t )4
+*()= Ban! +*(*=)64
44
+*(+= +*(,= +*(=364
44
+*(1= +*(3= +*)4=364
44
+*)&= +*)(= +*))= +*)*=(4&
4
+*)+= +*),=
+*)= +*)1= +*)3= +**4=an
&
+**&= Balance d +**(=&61
44
+**)= +***= +**+= +**,= +**= +**1=+**3=+*+4=+*+&=+*+(=+*+)=
+*+*=+*++=+*+,=+*+=+*+1=+*+3=+*,4=+*,&=+*,(=+*,)=+*,*=+*,+=
+*,,=+*,=+*,1=+*,3=+*4=+*&=+*(=+*)=+**=+*+=+*,=
7/26/2019 2010 Yr 9 POA Ans
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,..F E@E$CI!E A
,./F Tradin7+ Profit and Loss Account for t3e 4ear ended 9; Dece2ber )**=
+*3= +*14=>
+*1&=>
+*1(= +*1)=>
+*
+*1+= 0pening Stoc!+*1,=
+*1=&+631
+ +*11= Sales
+*13=(6+
,4
+*
+*3&= Purchases
+*3(=*)6
*++
+*3)=
+*3*= Less:Sales Returns
+*3+=E,14
=+*&
5497) Add: Carriageinwards
+*31=(6)
*+
+*33=*+614
4 ++44= ++4&= ++
++4)= Cost o% goods
a"ailale %or sale ++4*=
++4+=,&61
+ ++4,=
++4=
++
++43= Less Closingstoc!
++&4=
++&&=E&,61
44= ++&(=
++&)=
++
++&+= Cost o% Sales++&,=
++&=**631
+ ++&1=++&3=
++
);F ?ross Profit cd ++((=
)9F)=+/
++(*= ++(+= ++
++(= ++(1=
++(3=&611
4 ++)4= ++)&=++&
++))= ++)*= ++)+= ++),= ++)= ++
++)3= Salaries
++*4=,64
44 ++*&=
++*(= 2rossPro%it d ++*)=
++(,
++*+= Rent
++*,=)6(
4
4 ++*=
++*1= Commissi
on Recei"ed ++*3=
++
&+++&= Discount Allowed
+++(=&&+ +++)= +++*= ++++= ++
+++= Depreciation onMotor -ehicles
+++1=+64
*4 +++3= ++,4= ++,&= ++
++,)= Bad dets++,*=&+4 ++,+= ++,,= ++,= ++
++,3= Pro"ision %or addets
++4=+4 ++&= ++(= ++)= ++
7/26/2019 2010 Yr 9 POA Ans
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+++= Ad"ertising
++,=64
44
++=(&6++
+ ++1= ++3= ++
/;F "et Profit ++1(=/9F.+)) ++1*= ++1+= ++
++1= ++11=
++13=(161
4 ++34= ++3&=++(1
++3)= ++3*= ++3+= ++3,= ++3= ++++33=
+,44==*;F Hussien
+,4(= Balance !3eet as at 9; Dece2ber )**=
+,4)= +,4*= +,4+= +,4,= +,4= +,41=
+,&4= #i$ed Assets+,&&= +,&(=
+,&)=
+,&*= 0wnerLs 5/uity
+,&+=
+,&= Motor-ehicles
+,&1=(1644
4
+,&3=+,(4=
+,(&=Capital on &an
+,((=)+64
44
+,(*= 'ess9Pro"ision %orDepreciation
+,(+=E&+6&
(4=
+,(,=&(6
114 +,(=
+,(1= Add9Net Pro%it
+,(3=6((
+
+,)&= 0%%ice5/uipment
+,)(=+,))=+64
44
+,)*=&61
14 +,)+=
+,),=*(6(
(
+
+,)1=
+,)3=
+,*4=
+,*&=
+,*(= 'ess9Drawings
+,*)=E&61
44=
+,*+= Current Assets
+,*,=
+,*=+,*1=
+,*3=Capital on )&Dec
+,+4=
+,+(= Closing stoc!
+,+)= +,+*=&,6144 +,++= +,+,=
+,+=
+,+3= Detors+,,4=)6+44 +,,&=
+,,(=
+,,)= Current 'iailities
+,,*=
+,,,= 'ess9Pro"ision %or addets
+,,=E&14=
+,,1=)6)
(4 +,,3=
+,4= Creditors
+,&=)633
4
7/26/2019 2010 Yr 9 POA Ans
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+,)= Ban!
+,*= +,+=,6
,+ +,,=
+,= Accrued Ad"ertising
+,1=&644
4
+,14= Prepaid Rent+,1&= +,1(=
*44 +,1)= +,1*= +,1+=
+,1= AccruedCommission
+,11=
+,13=(+4
+,34= (6
+)+ +,3&= +,3(=
+,3*=
+,3+=
+,3,=
+,3=*+6*
&+ +,31=
+,33=
+4&= +4(= +4)= +4*= +4+= +4,=.*/F.*F E@E$CI!E B
.;*F 6ara3 Adeeba3.;;F Tradin7+ Profit and Loss Account for t3e 4ear ended 9* >une )**/
+&(=+&)=
>+&*=
> +&+=+&,=
>+&=
>
+&1= 0pening Stoc!+&3=
+(4=&6(4
4 +(&= Sales
+((=&+,6
444
+()=
+(*= Purchases
+(+=3*6
4
44
+(,=
+(= Less: Returns Inwards
+(1=E(644
4=
+(3=&+*6
4
44
5730) Add: Carriageinwards
+)&=&6*
44
+)(=3+6*4
4 +))= +)*= +)+=
+),= Cost o% goodsa"ailale %or sale +)=
+)1=&&(6,
44 +)3=
+*4=
+*&=
+*(= Less Closingstoc!
+*)=
+**=
E&6,44= +*+=
+*,=
+*=
+*1= Cost o% Sales+*3=
++4=3+644
4 ++&=++(=
++)=
.,F ?ross Profitcd +++=
.=F+**
* ++= ++1= ++3=
7/26/2019 2010 Yr 9 POA Ans
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+,4= +,&=
+,(=&+*64
44 +,)= +,*=
+,+=&+*6
444
+,,= +,= +,1= +,3= +4= +&=
+(= Carriageoutwards
+)=
&6144 +*=
++= 2rossPro%it d +,=
+=
+36444
+1= 7ages andSalaries
+3=36+
44 +14=
+1&= DiscountRecei"ed +1(=
+1)=)6*4
4
+1*= Rent
+1+=361
44 +1,= +1= +11= +13=
+34= Sundry5$penses
+3&=
,6444 +3(= +3)= +3*= +3+=
+3,= Ban! Charges +3=&44
+31= +33= +144= +14&=
+14(= Pro"ision %orDout%ul Dets
+14)=,44
+14*=(614
4 +14+= +14,= +14=
/*/F "et Profit +143=
/;*F9,+=*
* +1&&= +1&(= +1&)=
+1&*= +1&+=
+1&,=
,(6*44
+1&= +1&1=
+1&3=
,(6*44
+1(4= +1(&= +1((= +1()= +1(*= +1(+=+1(,=/).F 6ara3 Adeeba3
/)/F Balance !3eet as at 9* >une )**/
/)F +1)4=>
+1)&= >
/9)F +1))=>
+1)*= >
+1)+= #i$ed Assets +1),= +1)= +1)1= 0wner?s5/uity9
+1)3= +1*4=
+1*&= #i$tures and#itting +1*(= +1*)=(16 /,,F 0peningCapital +1*+=+*6 +1*,=
+1*= +1*1= +1*3= +1+4= Add9 NetPro%it
+1+&=)*6
+1+(=
+1+)= Current Assets +1+*= +1++= +1+,= +1+=136
+1+1=
+1+3= Stoc! +1,4=&6
+1,&= +1,(= 'ess9Drawings
+1,)=(46
+1,*=
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+1,+= Cash at Ban! +1,,=&)6
+1,= +1,1= ClosingCapital
+1,3= +14=,36+
44
+1&= Detors +1(=)46
+1)= +1*= +1+= +1,=
+1= E;= Pro"ision %orDout%ul Dets
+11=E,4
+13=,46
+114= Current'iailities
+11&= +11(=
+11)= +11*= +11+= +11,= Creditors +11=&16
+111=
+113= +134= +13&= +13(= 0wing5$penses
+13)=(4
+13*=&364
44
+13+= +13,= +13= +131= +133= +344=
+34&= +34(= +34)=116 +34*= +34+= +34,=116+44
+34= +341= +343= +3&4= +3&&= +3&(=+3&)=+3&*=+3&+=+3&,=+3&=+3&1=+3&3=+3(4=+3(&=))F E@E$CI!E C
)9F !3a3rifa3
),F Tradin7+ Profit and Loss Account for t3e 4ear ended 9; Dece2ber )**=
+3(+=+3(,=
>+3(=
> +3(1=+3(3=
>+3)4=
>
+3)&= 0pening Stoc!+3)(=
+3))=&+6&4
* +3)*= Sales
+3)+=*6*
44
+3),=
+3)= Purchases
+3)1=*,6((*
+3)3=
+3*4= Less:Sales Returns
+3*&=E&6,
4=
+3*(=(6,
*4
+3*)= Less: PurchasesReturns
+3**=E&6*
(4= +3*+= +3*,= +3*= +3*1=
5949) +3+4= +3+&= +3+(= +3+)= +3+*=
7/26/2019 2010 Yr 9 POA Ans
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**614*
5955) Add: Carriageinwards
+3+,=3),
+3+=*+6*
4 +3+1= +3+3= +3,4=
+3,&= Cost o% goodsa"ailale %or sale +3,(=
+3,)=,461*
* +3,*=+3,+=
+3,,=
+3,= Less Closingstoc!
+3,1=
+3,3=E&46&
31= +34=
+3&=
+3(=
+3)= Cost o% Sales+3*=
+3+=+46,*
, +3,=+3=
+31=
.F ?ross Profitcd +314=
/;F
);+, +31(= +31)= +31*=
+31+= +31,=
+31=(6,*
4 +311= +313=
+334=(6,
*4
+33&= +33(= +33)= +33*= +33+= +33,=
+33= Interest on loan+331=+44 +333=
,444= 2rossPro%it d ,44&=
,44(=(&63
3*
,44)= Bad dets,44*=)+4 ,44+=
,44,= RentRecei"ed Eowing= ,44=
,441=)644
4
,443= Pro"ision %ordout%ul dets
,4&4=&6)
3, ,4&&= =*;)F "et Loss ,4&)=
=*;,F)+9
,
,4&+= 8ransports
,4&,=&6)
4* ,4&= ,4&1= ,4&3= ,4(4=
,4(&= Salaries
,4((=&46
,+1 ,4()= ,4(*= ,4(+= ,4(,=
,4(= Motor e$penses
,4(1=(63
( ,4(3= ,4)4= ,4)&= ,4)(=
,4))= Insurance ,4)*=)6*
4
,4)+= ,4),= ,4)= ,4)1=
7/26/2019 2010 Yr 9 POA Ans
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4
,4)3= Rent
,4*4=(64
44 ,4*&= ,4*(= ,4*)= ,4**=
,4*+= 7ater 'ight
,4*,=(6+
4
4 ,4*= ,4*1= ,4*3= ,4+4=
,4+&= Stationery
,4+(=(6)
41
,4+)=(6)1
1 ,4+*= ,4++= ,4+,=
,4+= ,4+1=
,4+3=(6)1
1 ,4,4= ,4,&=
,4,(=(6)
11
,4,)=,4,*= Balance !3eet of !3a3rifa3 as at 9; Dece2ber )**=
,4,+= ,4,,= ,4,=> ,4,1=> ,4,3= ,44=> ,4&=>
,4(= #i$ed Assets,4)= ,4*=
,4+=
,4,= 0wnerLs 5/uity
,4= ,41=
,43= 0%%ice5/uipment
,414=,41&=36,
44 ,41(=
,41)=Capital on &an
,41*=*&6)
, ,41+=
,41,= #urniture
,41=,411=(6*
44
,413=&(64
44 ,434= 'ess9Net 'oss
,43&=E(6)
3
*= ,43(=
,43)=
,43*=
,43+= ,43,= ,43=
,431=)163
1( ,433=
,&44= Current Assets
,&4&=
,&4(=
,&4)=
,&4*= 'ess9Drawings
,&4+=E16(
44= ,&4,=
,&4= Closingstoc!
,&41= ,&43=&46&31
,&&4=
,&&&=Capital on )&Dec
,&&(=
,&&)=)46
,&&*= Detors
,&&+=&)6
3+1 ,&&,= ,&&= ,&&1=
,&&3= ,&(4=
,&(&= 'ess9 ,&((= ,&()= ,&(*= ,&(+= 'ong; ,&(,= ,&(=
7/26/2019 2010 Yr 9 POA Ans
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Pro"ision %or addets
&6)3,
&(6+,( term 'iailities
,&(1= Re"enue0wing
,&(3= ,&)4=)64
44 ,&)&=
,&)(= Ban!'oan ,&))=
,&)*=&46
,&)+= Ban!
,&),= ,&)=&+6
+4* ,&)1= ,&)3= ,&*4= ,&*&=
,&*(= Cash,&*)= ,&**=
*14 ,&*+=,&*,= Curren
t 'iailities ,&*= ,&*1=
,&*3= Prepaid5$penses
,&+4=
,&+&=34*
,&+(=*(6,
*1
,&+)= Creditors
,&+*=&(6&
14 ,&++=
,&+,=
,&+=
,&+1= ,&+3=,&,4= 5$pen
ses 0wing
,&,&=&6,1
,
,&,(=&)6
,&,)=
,&,*=
,&,+=
,&,,=+*6,
*1 ,&,=
,&,1=
,&,3=+*6
,&4=,&&=,&(=,&)=,&*=
,&+==;.=F E@E$CI!E D=;..F $i8un
=;./F Tradin7+ Profit and Loss Account for t3e 4ear ended 9* >une )**.
,&3=,&14=>
,&1&=> ,&1(=
,&1)=>
,&1*=>
,&1+= 0pening Stoc!,&1,=
,&1=&,6
+4 ,&11= Sales
,&13=*+6
)44
,&34=
,&3&= Purchases
,&3(=(&6 ,&3)=
,&3*= Less:
Sales Returns
,&3+=
E)44=
,&3,=
*+6444
,&3= Less: PurchasesReturns
,&31=E&6
,&33= ,(44= ,(4&= ,(4(=
6203)
,(4*=(46
,(4+= ,(4,= ,(4= ,(41=6209) Add: Duty on ,(&4= ,(&&= ,(&(= ,(&)= ,(&*=
7/26/2019 2010 Yr 9 POA Ans
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Purchases(6&
6215) Carriageinwards
,(&,=&6
,(&=()63
&4 ,(&1= ,(&3= ,((4=
,((&= Cost o% goodsa"ailale %or sale ,(((=
,(()=*46,
,4 ,((*=
,((+=
,((,=
,((= Less Closingstoc!
,((1=
,((3=E&164
44= ,()4=
,()&=
,()(=
,())= Cost o% Sales,()*=
,()+=((6,
,4 ,(),=
,()=
,()1=
=)9F ?ross Profit cd ,(*4=
=),;F))+9
,* ,(*(= ,(*)= ,(**=
,(*+= ,(*,=
,(*=*+64
44 ,(*1= ,(*3=
,(+4=*+64
44
,(+&= ,(+(= ,(+)= ,(+*= ,(++= ,(+,=
,(+= Repairs and
maintenance
,(+1=,1
,(+3=
,(,4= 2ross Pro%it
d ,(,&=
,(,(=((6)
*
4
,(,)= Carriageoutwards
,(,*=+*
,(,+=,(,,= Discount
Recei"ed ,(,=,(,1=
(14
,(,3= Rent
,(4=*6(
,(&=,((= Commission
Recei"ed ,()=
,(*=&6*4
4
,(+= Bad dets
,(,=)4
,(=,(1= Pro"ision %or
Dout%ul Dets ,(3=,(14=
+
,(1&= Depreciation o%
"ehicles
,(1(=*6(
,(1)=363(
4 ,(1*= ,(1+= ,(1,=
=)/.F "et Profit ,(11=
=)/F;,+;
. ,(34= ,(3&= ,(3(=
,(3)= ,(3*=
,(3+=(*64
3+ ,(3,= ,(3=
,(31=(*64
3+
,(33=
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,)44= Balance !3eet of $i8un as at 9* >une )**.
,)4&=,)4(= ,)4)=
>,)4*=
> ,)4+=,)4,=>
,)4=>
,)41= #i$ed Assets,)43= ,)&4=
,)&&=
,)&(= 0wnerLs5/uity
,)&)= ,)&*=
,)&+= Motor
-ehicles
,)&,=)464
4
4 ,)&= ,)&1=
,)&3= Capital
on & uly 4,
,)(4=)+6
,)(&=
,)((= 'ess9 Pro"ision%or Depreciation
,)()=E&)6
(44=
,)(*=&,6
144 ,)(+=
,)(,= Add9Net Pro%it
,)(=&*6
,)(1=
,)(3= 0%%ice5/uipment
,))4= ,))&=6+
44
,))(=(*6)
44 ,)))=
,))*=*36
,))+=
,)),=,))= ,))1=
,))3=
,)*4= 'ess9Drawings
,)*&=E&6,)*(=
,)*)= Current Assets
,)**=
,)*+=,)*,=
,)*= Capitalon )4 une 4 ,)*1=
,)*3=*6
,(+
,)+4= Stoc!
,)+&= ,)+(=&16
44
4 ,)+)= ,)+*=
,)++=
,)+,=
,)+= Detors
,)+1=*6+4
4 ,)+3= ,),4=,),&= Current
'iailities,),(=
,),)=
,),*= 'ess9 Pro"ision%or ad dets
,),+=E((+
=
,),,=*6(
+ ,),=
,),1= Creditor s
,),3=+64
,)4=
,)&= Deposit %orrent
,)(=,))=)+4 ,)*=
,)+= AccruedCarriage Inwards
,),=,4
,)=
,)1= Ban!
,)3= ,)14=
,6+4
,)1&=
(36)+
,)1(= Commission in ad"ance
,)1)=*4
,)1*=
,64+4
,)1+= ,)1,= ,)1= ,)11= ,)13= ,)34= ,)3&=,)3(= ,)3)= ,)3*= ,)3+= ,)3,= ,)3= ,)31=
,)33=
,*44=
,*4&=
,*4(=+)6,
+ ,*4)=
,*4*=
,*4+=+)6
,+
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,*4,=,*4=,*41=,*43=,*&4=,*&&=,*&(=,*&)=
,*&*==,;F E@E$CI!E E,*&,=
=,;.F aisara
=,;/F Inco2e !tate2ent for t3e 4ear ended 9; Au7ust )*;*
,*&3=,*(4=
>,*(&=
> ,*((=,*()=>
,*(*=>
,*(+= 0pening Stoc!,*(,=
,*(=3 ,+4 ,*(1= Sales ,*(3=
,*)4=&(&
)44
,*)&= Purchases ,*)(=
,*))= ,
,44 ,*)*= ,*)+= ,*),=
,*)= Add: Carriageon purchases ,*)1=
,*)3=& (,4 ,**4= ,**&= ,**(=
6443) ,***=
,**+=1+&4 ,**,= ,**= ,**1=
,**3= Less Closingstoc!
,*+4=
,*+&=E&&
(44= ,*+(=
,*+)=
,*+*=
,*++= Cost o% Sales,*+,=
,*+=,)&4 ,*+1=
,*+3=
,*,4=
=,=;F ?ross Profitcd ,*,(=
=,=9F9* ,*,*= ,*,+= ,*,,=
,*,= ,*,1=
,*,3=&(&
)44 ,*4= ,*&=
,*(=&(&
)44
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,*)= ,**= ,*+= ,*,= ,*= ,*1=
,*3= 7ages andsalaries
,*14=(,
4+4 ,*1&=
,*1(= 2ross Pro%itd ,*1)=
,*1*=+)334
,*1+= Rent and rates
,*1,=
(44 ,*1=
,*11= DiscountRecei"ed ,*13=
,*34=*,4
,*3&= Insurance
,*3(=&*14 ,*3)=
,*3*= RentRecei"ed ,*3+=
,*3,=&+4
,*3= Sundrye$penses
,*31=&4
,4 ,*33= ,+44= ,+4&= ,+4(=,+4)= Pro"ision %or
dout%ul dets,+4*=*+4 ,+4+= ,+4,= ,+4= ,+41=
,+43= Depreciation9#i$tures and e/uipment
,+&4=(444 ,+&&= ,+&(= ,+&)= ,+&*=
,+&+= Accountancy%ees
,+&,=&+
44
,+&=*3*
*4 ,+&1= ,+&3= ,+(4=
=);F "et Profit ,+((==)9F= .=* ,+(*= ,+(+= ,+(,=
,+(= ,+(1=
,+(3=+,(44 ,+)4= ,+)&=
,+)(=+,(44
,+))=,+)*= Balance !3eet of aisara as at 9; Au7ust )*;*
,+)+=,+),= ,+)=
>,+)1=
> ,+)3=,+*4=
>,+*&=>
,+*(= #i$ed Assets,+*)= ,+**=
,+*+=
,+*,= 0wnerLs5/uity
,+*= ,+*1=
,+*3= #ittings ande/uipment
,++4= ,++&=&4
444 ,++(=
,++)= Capitalon & Sept (443
,++*=(3444 ,+++=
,++,= 'ess9 Pro"ision%or Depreciation
,++= ,++1=E(
,++3=1
,+,4= Add9Net Pro%it
,+,&=,
,+,(=
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444=
444
,4
,+,)=
,+,*=
,+,+= ,+,,= ,+,=
,+,1=)+,
4 ,+,3=
,+4= Current Assets
,+&=
,+(=
,+)=
,+*= 'ess9Drawings
,++=E&1
((4= ,+,=
,+= Stoc!
,+1= ,+3=&&
(44
,+14=
,+1&= Capitalon )& Aug (4&4 ,+1(=
,+1)=&
,+1*= Detors
,+1+=&&
(+4 ,+1,= ,+1= ,+11=
,+13= ,+34=
,+3&= 'ess9 Pro"ision%or ad dets
,+3(=E*+
4=
,+3)=&4
144 ,+3*=
,+3+= Current'iailities
,+3,= ,+3=
,+31= Prepaid rentand rates
,+33=
,,44=&+4
,,4&=
((&+4
,,4(= Creditor s
,,4)=
(44 ,,4*=
,,4+=
,,4,=
,,4= ,,41=,,43= Ban!
o"erdra%t
,,&4=&+,4 ,,&&=
,,&(=
,,&)=
,,&*= ,,&+=
,,&,= 7ages
and salaries Accrued
,,&=()
+4 ,,&1=
,,&3=
,,(4=
,,(&= ,,((=,,()= Accounta
ncy %ee accrued
,,(*=&+44
,,(+=&(
,,(,= ,,(= ,,(1= ,,(3= ,,)4= ,,)&= ,,)(=,,))= ,,)*= ,,)+= ,,),=
)4&
,,)= ,,)1= ,,)3=)4
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+4
,,*4= ,,*&= ,,*(=
,,*)= ,,**= ,,*+= ,,*,=
,,*=,,*1=,,*3=
,,+4=,,+&=,,+(=,,+)=,,+*=,,++====F==.F==/F==F Exercise A,,,4=
,,,&= Manu%acturing Account %or the year ended )& Decemer (441
,,,(= Raw Materials9 ,,,)=> ,,,*=> ,,,+= ,,,,=>,,,= Stoc! & an ,,,1=
((6&44,,,3= ,,4= Productio
n Cost,,&=,&(6
,,(= Purchases ,,)=()*6+44
,,*= ,,+= ,,,=
,,= Carriage onPurchases
,,1=,6344
,,3= ,,14= ,,1&=
,,1(= ,,1)= ,,1*=)(*6+4
4
,,1+= ,,1,=
,,1= 'ess9 Closing Stoc! ,,11= ,,13=
()6*44
,,34= ,,3&=
,,3(= Cost o% raw materialused
,,3)= ,,3*=)4&6&4
4
,,3+= ,,3,=
,,3= Direct wages ,,31= ,,33=&&&6)4
4
,44= ,4&=
,4(= PRIM5 C0S8 ,4)= ,4*=*&(6*4
4
,4+= ,4,=
,4= #actory 0"erhead9 ,41= ,43= ,&4= ,&&=
,&(= Depreciation onMachinery
,&)=*+6)44
,&*= ,&+= ,&,=
,&= #actory Salaries ,&1=&6(44
,&3= ,(4= ,(&=
,((= 5lectricity ,()=,,6&44
,(*= ,(+= ,(,=
,(= #actory Insurance ,(1=&(6444
,(3= ,)4= ,)&=
,)(= #actory cleaning ,))=+644
,)*=(446)4
,)+= ,),=
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4,)= ,)1= ,)3=
,&(644
,*4= ,*&=,&(6
,*(= ,*)= ,**= ,*+= ,*,=
,*=
=.,/F Exercise B,*3=,+4= Manu%acturing Account %or the year ended )& Decemer (441
,+&= Raw Materials9 ,+(=>
,+)=>
,+*= ,++=>
,+,= Stoc! & an ,+=)&6+44
,+1= ,+3= Production Cost
,,4=&*+6
,,&= Purchases ,,(=336444
,,)= ,,*= ,,+=
,,,= Duty on rawmaterial
,,=)6+&4
,,1= ,,3= ,4=
,&= ,(= ,)=
&)*64&4
,*= ,+=
,,= 'ess9 Closing Stoc! ,= ,1=*&6*44
,3= ,14=
,1&= Cost o% raw materialused
,1(= ,1)=3(6,&4
,1*= ,1+=
,1,= Production wages ,1= ,11=))6+4
,13= ,34=
,3&= PRIM5 C0S8 ,3(= ,3)=&(,6),
4
,3*= ,3+=
,3,= #actory 0"erhead9 ,3= ,31= ,33= ,144=,14&= #actory super"isor?s
wages,14(=
16444,14)= ,14*= ,14+=
,14,= #actory power ,14=&6(44
,141= ,143= ,1&4=
,1&&= #actory rent ,1&(=(6444
,1&)= ,1&*= ,1&+=
,1&,= 0ther %actorye$penses
,1&=*6()4
,1&1=&+6*)4
,1&3= ,1(4=
,1(&= 7or! in progress9 ,1((= ,1()= ,1(*= ,1(+=
,1(,= 0pening 7IP ,1(=&6&44 ,1(1= ,1(3= ,1)4=
,1)&= 'ess9 Closing 7IP ,1)(=&)643+
,1))=*644+
,1)*= ,1)+=
,1),= ,1)= ,1)1= ,1)3= ,1*4=
,1*&= ,1*(= ,1*)=&*+63
+
,1**= ,1*+=&*+6
,1*,= ,1*= ,1*1= ,1*3= ,1+4=
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,1+&==/)F Exercise C,1+)=
,1+*= Manu%acturing Account %or the year ended )& Decemer (441,1++= Raw Materials9 ,1+,=
>,1+=
>,1+1= ,1+3=
>
,1,4= Stoc! & an ,1,&= ,1,(=&6&41 ,1,)= Cost o% Production ,1,*=)+6
,1,+= Purchases ,1,,=&*6(
43
,1,= ,1,1= ,1,3=
,14= 'ess9 Returns ,1&=E34
4=
,1(=&)6)4
3
,1)= ,1*=
,1+= Carriage inwards ,1,= ,1=
)631(
,11= ,13=
,114= ,11&= ,11(=&16)4
3
,11)= ,11*=
,11+= 'ess9 Stoc! )4 une(441
,11,= ,11=E&6&3
4=
,111= ,113=
,134= Cost o% raw materialused
,13&= ,13(=&6&&
3
,13)= ,13*=
,13+= Manu%acturing wages ,13,= ,13=6,
,131= ,133=
,344= PRIM5 C0S8 ,34&= ,34(=(*613
+
,34)= ,34*=
,34+= #actory o"erheads9 ,34,= ,34= ,341= ,343=,3&4= Salaries ,3&&=
*6(+
,3&(= ,3&)= ,3&*=
,3&+= Rent ,3&,=&6(,
4
,3&= ,3&1= ,3&3=
,3(4= Insurance ,3(&=*(4
,3((= ,3()= ,3(*=
,3(+= 5lectricity ,3(,=344
,3(= ,3(1= ,3(3=
,3)4= Depreciation on Plantand Mac
,3)&=)6,,
(
,3)(=&463,
,3))= ,3)*=
,3)+= 7or! in Progress ,3),= ,3)= ,3)1= ,3)3=,3*4= 0pening ,3*&=
*+1,3*(= ,3*)= ,3**=
,3*+= 'ess9 Closing ,3*,=E*)
,3*=(+
,3*1= ,3*3=
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)=
,3+4= ,3+&= ,3+(=)+611
,3+)= ,3+*=
,3++=,3+,= 8rading Account %or the year ended )& Decemer (441
,3+= #inished 2oods ,3+1=> ,3+3= ,3,4=>,3,&= 0pening Stoc! ,3,(=
(6),
,3,)= Sales ,3,*=+(6
,3,+= Cost o% Production ,3,,=)+6
11
,3,= ,3,1=
,3,3= ,34=
)16(+*
,3&= ,3(=
,3)= 'ess9 Closing stoc! ,3*=E)6
++1=
,3+= ,3,=
,3= Cost o% goods sold ,31=)*6
,3,
,33= ,314=
,31&= 2ross Pro%it ,31(=&16
441
,31)= ,31*=
,31+= ,31,=+(6
4
*
,31= ,311=+(6
,313= ,334= ,33&= ,33(=,33)=
,33*= Pro%it and 'oss Account %or the year ended )& Decemer (441,33+= ,33,=
>,33=
>,331= ,333=
>444= 0%%ice wages 44&=
(6+3(44(= 44)= 2ross pro%it 44*=
&1
44+= 0%%ice salaries 44,= 44= 441= 443=
7/26/2019 2010 Yr 9 POA Ans
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&6)&(4&4= Ad"ertising 4&&=
14,4&(= 4&)= 4&*=
4&+= Depreciation onMotor -ans
4&,=&6&(4
4&= 4&1= 4&3=
4(4= Depreciation on#urniture
4(&=))1
4((= 4()= 4(*=
4(+= 0%%ice Rent 4(,=
*(4
4(= 4(1= 4(3=
4)4= 8otal e$penses 4)&= 4)(=,6&,
1
4))= 4)*=
4)+= Net Pro%it 4),= 4)=&&61
*4
4)1= 4)3=
4*4= 4*&= 4*(=&164
41
4*)= 4**=&1
4*+=4*,=4*=4*1=.*,F Exercise D4+4=
4+&= Manu%acturing Account %or the year ended )& Decemer (4414+(= Raw Materials9 4+)=
>4+*=
>4++= 4+,=
>4+= Stoc! & an 4+1= 4+3=
&6&414,4= Mar!et
"alue4,&=+46
4,(= Purchases 4,)=&*6(
43
4,*= 4,+= 4,,=
4,= 'ess9 Returns 4,1=E34
4=
4,3=&)6)4
3
44= 4&=
4(= Carriage inwards 4)= 4*=)631(
4+= 4,=
4= 41= 43=
&16)43
414= 41&=
41(= 'ess9 Stoc! )4 une(441
41)= 41*=E&6&3
4=
41+= 41,=
41= Cost o% raw materialused
411= 413=&6&&
3
434= 43&=
43(= Manu%acturing wages 43)= 43*=6,
43+= 43,=
7/26/2019 2010 Yr 9 POA Ans
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43= PRIM5 C0S8 431= 433=(*613
+
&44= &4&=
&4(= #actory o"erheads9 &4)= &4*= &4+= &4,=&4= Salaries &41=
*6(+
&43= &&4= &&&=
&&(= Rent &&)=&6(,
4
&&*= &&+= &&,=
&&= Insurance &&1=*(4
&&3= &(4= &(&=
&((= 5lectricity &()=344
&(*= &(+= &(,=
&(= Depreciation on Plantand Mac
&(1=)6,,
(
&(3=&463,
&)4= &)&=
&)(= 7or! in Progress &))= &)*= &)+= &),=&)= 0pening &)1=
*+1
&)3= &*4= &*&=
&*(= 'ess9 Closing &*)=E*)
)=
&**=(+
&*+= &*,=
&*= Cost o% Production &*1= &*3=)+611
&+4= &+&=
&+(= 2ross Pro%it onManu%actured goods
&+)= &+*=&*6&&
)
&++= &+,=
&+= &+1= &+3=
+46444
&,4= &,&=
+46
&,(=&,)= 8rading Account %or the year ended )& Decemer (441
&,*= #inished 2oods &,+=>
&,,= &,=>
&,1= 0pening Stoc! &,3=(6)
,
&4= Sales &&=+(6
&(= Add9 Mar!et "alue &)=+46
444
&*= &+=
&,= &=+(6
),
&1= &3=
&14= 'ess9 Closing stoc! &1&=E)6
&1(= &1)=
7/26/2019 2010 Yr 9 POA Ans
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++1=
&1*= Cost o% goods sold &1+=*16
14
3
&1,= &1=
&11= 2ross Pro%it &13=)61
3+
&34= &3&=
&3(= &3)=+(6
4*
&3*= &3+=+(6
&3,= &3= &31= &33=
(44= (4&= Pro%it and 'oss Account %or the year ended )& Decemer (441(4(= (4)=
>(4*=
>(4+= (4,=
>(4= 0%%ice wages (41=
(6+3((43= (&4= 2ross pro%it9 (&&=
(&(= 0%%ice salaries (&)=&6)&(
(&*= (&+= Manu%acturedgoods
(&,=&*
(&= Ad"ertising (&1=14,
(&3= ((4= 8rading ((&=)6
(((= Depreciation onMotor -ans
(()=&6&(4
((*= ((+= ((,=
((= Depreciation on#urniture
((1=))1
((3= ()4= ()&=
()(= 0%%ice Rent ())=*(4
()*= ()+= (),=
()= 8otal e$penses ()1= ()3=,6&,
1
(*4= (*&=
(*(= Net Pro%it (*)= (**=&&61
*4
(*+= (*,=
(*= (*1= (*3=&164
41
(+4= (+&=&1
(+(=.)9F.),F Exercise E(++=
(+,= Manu%acturing Account %or the year ended )& Decemer (441
7/26/2019 2010 Yr 9 POA Ans
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(+= Raw Materials (+1=>
(+3=>
(,4= (,&=>
(,(= 0pening stoc! (,)=)634
4
(,*= (,+= Production Cost
(,,=116,14
(,= Purchases (,1=)61
4
4
(,3= (4= (&=
((= ()=*&6
44
(*= (+= (,=
(= Closing Stoc! (1=E*6+
44=
(3= (14= (1&=
(1(= Cost o% raw materialused
(1)= (1*=)6(
44
(1+= (1,=
(1= Direct e$penses9 (11= (13= (34= (3&=
(3(= Manu%acturing wages (3)= (3*=(&63
44
(3+= (3,=
.).F P$IME CO!T (31= .)F+;
**
)44= )4&=
)4(= #actory o"erheadIndirect e$penses
)4)= )4*= )4+= )4,=
)4= Depreciation onmanu%acturing Plant
)41=+6*)
4
)43= )&4= )&&=
)&(= #actory e$penses )&)=&46(
44
)&*= )&+= )&,=
)&= #actory 5lectricity )&1=6+,
4
)&3= )(4= )(&=
)((= #actory Rent )()=,6*1
4
)(*= )(+= )(,=
)(= )(1= )(3=(36+
14
))4= ))&=
))(= )))= ))*=116,
14
))+= )),=116,14
7/26/2019 2010 Yr 9 POA Ans
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))= ))1= ))3= )*4= )*&=
)*(= )*)= )**= )*+= )*,=
)*= 8rading and Pro%it and 'oss Account %or the year ended )& Decemer (441)*1= #inished 2oods )*3=
>)+4=
>)+&= )+(=
>
)+)= 0pening Stoc! )+*=16*44
)++= )+,= Sales )+=&+46444
)+1= Production Cost )+3=116,
14
),4= ),&= ),(=
),)= ),*= ),+=364
1
4
),,= ),=
),1= E;= Closing Stoc! ),3= )4=E3634
4=
)&= )(=
))= Cost o% Sales )*= )+=16&
14
),= )=
)1= 2ross Pro%it )3= .9/*F=)+/
)
*
)1&= )1(=
)1)= )1*= )1+=&+46
444
)1,= )1=&+46
444
)11= )13= )34= )3&= )3(=)3)= 'oan interest )3*=
&6(44
)3+= )3,= 2rossPro%it on 8rading
)3=,(61
(4
)31= Depreciation on
Deli"ery "an
)33=
(6(+4
*44= *4&= *4(=
*4)= 0%%ice Rent *4*=(4
*4+= *4,= *4=
*41= 0%%ice 5lectricity *43=1*4
*&4= *&&= *&(=
*&)= 0%%ice salaries *&*=16*4
4
*&+= *&,= *&=
*&1= 2eneral o%%ice *&3= *(4= *(&= *((=
7/26/2019 2010 Yr 9 POA Ans
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e$penses )6)44
*()= Deli"ery "ane$penses
*(*=)634
4
*(+= *(,= *(=
*(1= 7ages o% deli"ery"an dri"ers
*(3=3644
4
*)4= *)&= *)(=
*))= Ad"ertising *)*=,634
4
*)+= *),= *)=
*)1= Bad Dets *)3=&6(4
4
**4=)6
&4
**&= **(=
**)= Net Pro%it ***= .,,F)+;
;*
**,= **=
**1= **3= *+4=,(61
(4
*+&= *+(=,(61
(4
*+)= *+*= *++= *+,= *+=.,/F.,F.,=*F.,=;F.,=)F.,=9F.,=,F
.,=F Exercise 6.,==F
*,= Manu%acturing Account %or the year ended )& 0ctoer (4&4*,1= Raw Materials *,3=
>*4=
>*&= *(=
>*)= 0pening stoc! **=
(,44
*+= *,= Production Cost
*=*((),4
*1= Purchases *3=(&)
(44
*14= *1&= *1(=
*1)= *1*=()3
344
*1+= *1,= *1=
*11= Closing Stoc! *13=E)4
,
*34= *3&= *3(=
7/26/2019 2010 Yr 9 POA Ans
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*4=
*3)= Cost o% raw materialused
*3*= *3+=(43
(,4
*3,= *3=
*31= Direct %actory wages *33= +44=&+*44
+4&= +4(=
.*9F P$IME CO!T +4*= +4+=),,
,,4
+4,= +4=
+41= #actory o"erhead +43= +&4= +&&= +&(=
+&)= #actory manager?ssalary +&*=&*144
+&+= +&,= +&=
+&1= Indirect %actorye$penses
+&3=()
(44
+(4= +(&= +((=
+()= Depreciation o%%actory plant
+(*= +(+= +(,= +(=
+(1= and machinery +(3=&1444
+)4=+,444
+)&= +)(=
+))= +)*= +)+= +),= +)=
+)1= 7or! in Progress9 +)3= +*4= +*&= +*(=
+*)= 0pening +**=
3
44
+*+= +*,= +*=
+*1= 'ess9 Closing +*3=E1(44=
++4=E)44=
++&= ++(=
++)= ++*= +++=*((
)
++,= ++=*((),4
7/26/2019 2010 Yr 9 POA Ans
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,4
++1= ++3= +,4= +,&= +,(=
+,)= +,*= +,+= +,,= +,=
+,1= 8rading and Pro%it and 'oss Account %or the year ended )& 0ctoer (4&4
+,3= #inished 2oods +4=> +&=> +(= +)=>+*= 0pening Stoc! ++= +,=
2450
+= Sales +1=525
300
+3= Production Cost +14= +1&=422
360
+1(= +1)=
+1*= Purchases +1+=15800
+1,= +1= +11=
+13= 'ess9 PurchasesReturns
+34=(90
0)
+3&=14
900
+3(= +3)=
+3*= +3+= +3,=439
710
+3= +31=
+33= E;= Closing Stoc! ,44= ,4&=E2150=
,4(= ,4)=
,4*= Cost o% Sales ,4+= ,4,=437
5
60
,4= ,41=
,43= 2ross Pro%it cd ,&4= .=;;F87740
,&(= ,&)=
,&*= ,&+= ,&,=525
3
,&= ,&1=525
3
7/26/2019 2010 Yr 9 POA Ans
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00
00
,&3= ,(4= ,(&= ,((= ,()=,(*= Ofce saa!"es ,(+=
36200
,(,= ,(= 2rossPro%it d
,(1=87
740
,(3= S#$%!& 'fceee$ses
,)4=18
600
,)&= ,)(= *"sc'#$+s !ece",e%
,))=5100
,)*= *"s+!"-#+"'$ c's+s ,)+=21
540
,),= 7637) Re%#c+"'$ "$ !',"s"'$
,)1=
,)3= *e!ec"a+"'$ '.
'fce e/#"e$+
,*4=
3456
,*&=
33,
,*(= .'!
%'#-+.# %e-+s
,*)=
11
,**= Net Pro%it ,*+= .=,=F13055
,*= ,*1=
,*3= ,+4= ,+&=92
8
51
,+(= ,+)=92
8
51
,+*= ,++= ,+,= ,+= ,+1=.=F.==*F.==;F.==)F.==9F.==,F.==F.===F.==.F.==/F
,,3= Balance !3eet of Ha2ada as at 9; October )*;*
,4=
,&=Co
st
,(=Pro
"
,)=NB
- ,*=,+=
>,,=
>
,= #i$ed Assets,1=
>,3=
>,14=
>,1&= 0wnerLs
5/uity,1(= ,1)=
,1*= #actory plant machinery
,1+=14
,1,=+*
,1=(,
,11= Capitalon & Sept (443
,13=14
,34=
7/26/2019 2010 Yr 9 POA Ans
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444
444
444
*4
,3&= 'ess9 Pro"ision%or Depreciation
,3(=(*
444
,3)=&1
1&,
,3*=+&1*
,3+= Add9Net Pro%it
,3,=&)
4++ ,3=
,31=
,33=&4*
444
44=(
1&,
4&=)&
&1* 4(=
4)=3)
3+ 4*=
4+= Current Assets
4,=
4=
41=
43= 'ess9Drawings
&4=E&&
,44= &&=
&(= Stoc!9 &)= &*= &+= &,= Capitalon )& Aug (4&4 &= &1=1( &3+
&3= Rawmaterials
(4=)4
,*4 (&= ((= ()= (*= (+=
(,= 7or! inprogress
(=1(44 (1= (3=
)4= Current'iailities )&= )(=
))= #inishedgoods
)*=(&+4
)+=*4334 ),=
)= Creditor s
)1=&3,44 )3=
*4= Detors
*&=)3
*+4 *(= *)=
**= Accrueddirect %actory wages
*+=&(
&44
*,=)& 44
*= 'ess9 Pro"ision%or Dout%ul dets
*1=E1
3=
*3=)1
,,& +4= +&=
+(= +)=
+*= Cash at an!
++= +,=&(44 += +1= +3= ,4=
,&= Prepaiddistriution costs
,(= ,)=&1
,*=1(
,+= ,,= ,=
7/26/2019 2010 Yr 9 POA Ans
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,4
&&
,1= ,3= 4= &= (= )= *=+= ,= = 1= 3= 14= 1&=1(= 1)= 1*= 1+= 1,= 1= 11=
13=
34=
3&=
3(=&&)
13+ 3)= 3*=
3+=&&)13+
3,=3= 31=
33= 144=14&=
14(=14)=14*=./*F./*=F./*.F./*/F./*F
./;*F./;;F
./;)F O1erti2e1&)=
1&*= Normal time 1&+= *4 hrs $>&4
1&,= @ >*44
1&= 0"ertime at time and ahal%
1&1= * hrs $ & $ >&4
1&3= @ >,4
1(4= 0"ertime at douletime
1(&= ( hrs $ ($>&4
1((= @ >*4
./)9F ?ross Pa4 ./),F ./)F K (**
1(,= 1(= 1(1=1(3=./9*F./9;F Co22ission
1)(=1))= Basic salary 1)*= 9 > 1441)+= Commission E+ $ >&446444= 1),= 9 > +6444./9.F Total 7ross salar4 ./9/F : ( +/**
1)3=./,*F./,;F
./,)F./,9F
./,,F
./,F
./,=F !ALA$& DEDUCTIO"
1*= 2ross salary 1*1= 1*3=>*644
41+4= 'ess9
Deductions1+&= 1+(=
1+)= PA5 1+*= 1++=
7/26/2019 2010 Yr 9 POA Ans
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>&6444
1+,= Jealthsurcharge
1+=>
14
1+1=
1+3= NationalInsurance
1,4=>
&(4
1,&=
1,(= Union dues 1,)=>
+4
1,*=
1,+= Credit Union 1,,=>
+44
1,=E>
&6+
4=./=/F "et !alar4 ./=F ./.*F
()+)*
1&=./.)F PA&$OLL $E?I!TE$
./.9F Pa4roll $e7ister
7874)
Employee
7875)Ho
ur
!or" ed
787#)Pay
rateperhour
7877)$
7878)%e
rtime'hour)
787()7880)ro
Pay
7881)788*)
$
7883) +edu,tion
7884)7885)-otal788#)+edu
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7887)$
7888)788().et
Pay
78(0)$
78(#).atio
nal
/nuran,e
78(7)$
78(8)P
E
78(()$
7902)A-a%"
7903)40
7904)200
7905) 7906)800
0
7907)323
7908)10
2
2
7909)1345
7910)6655
7911)a+!"s
&a
7912)44
7913)300
7914)4
7915)138
00
7916)578
7917)27
94
7918)3372
7919)1042
8
7920)C'
-"
7921)40
7922)250
7923) 7924)100
00
7925)509
7926)99
0
7927)1499
7928)8501
7929)*a"
7930)16
7931)250
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7934)251
7935)24
7936)497
7937)3503
7/26/2019 2010 Yr 9 POA Ans
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a 0 67938)
E"a7939)40
7940)250
7941) 7942)100
00
7943)509
7944)10
00
7945)1509
7946)8491
7947)Fa!a
$
7948)40
7949)200
7950) 7951)800
0
7952)473
7953)53
2
7954)1005
7955)6995
7956)'a
7957)44
7958)450
7959)4
7960)207
00
7961)350
7962)31
95
7963)3545
7964)1715
5
7965)a!"+a
7966)40
7967)250
7968) 7969)100
00
7970)359
7971)16
50
7972)2009
7973)7991
7974)7(75) E2ample :
..=F Abu Ba<ar%s Ca<e House
7977) Cas ''7978) 7979) 7980)
7981)20
09
7982) 7983)
7984) 7985) 7986) 7987) #
&
14
7988) a:es
7989)1;900
7990) 7991) 7992) 7993) 7994) 7995)
7996)
7997) a:es acc'#$+
7998)20
09
7999) 8000)
8001) 8002) 8003)
8004) #
&
14
8005) Cas 8006)1;9
00
8007) 8008) 8009)
8010) 8011) I$c'e +a 8012)620
8013) 8014) 8015)
8016) 8017) Na+"'$aI$s#!a$ce
8018)350
8019) 8020) 8021)
8022) 8023) Pe$s"'$c'$+!"-#+"'$
8024)100
8025) 8026) 8027)
8028) 8029) T!a%e #$"'$s#-sc!"+"'$
8030)230
8031) 8032) 8033)
8034)
7/26/2019 2010 Yr 9 POA Ans
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8035) I$c'e Ta acc'#$+
8036) 8037) 8038)
8039)20
8040) 8041)
8042) 8043) 8044) 8045) #
8046) a:es 8047)620
8048) 8049) 8050) 8051) 8052) 8053)
8054)
8055) Na+"'$a I$s#!a$ce acc'#$+
8056) 8057) 8058)
8059)20
8060) 8061)
8062) 8063) 8064) 8065) #
8066) a:es 8067)350
8068) 8069) 8070) 8071) 8072) 8073)
8074)8075)
8076) Pe$s"'$ F#$% acc'#$+
8077) 8078) 8079)
8080)20
8081) 8082)
8083) 8084) 8085) 8086) #
8087) a:es 8088)100
8089) 8090) 8091) 8092) 8093) 8094)
8095)8096) T!a%e U$"'$ s#-sc!"+"'$ acc'#$+
8097) 8098) 8099)
8100)20
8101) 8102)
8103) 8104) 8105) 8106) #
8107) a:es 8108)230
8109) 8110) 8111) 8112) 8113) 8114)
8115)
811#) -he ournal Entrie o bu a"er6 a"e Houe:8117) bu a"ar6 a"e Houe8118) ournal
8119)2
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81*3)redit
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8125) 8126) 81*7)$
81*8)$
8129)8130) a:e 8131) 8132) 8133)
7/26/2019 2010 Yr 9 POA Ans
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8134)8135) 8136) Cas 8137) 8138)1;900
8139)8140) 8141) 8142) 8143)
8144)8145) a:es
8146) 8147)1;300
8148)
8149)8150) 8151) I$c'e +a 8152) 8153)620
8154)8155) 8156) Na+"'$aI$s#!a$ce
8157) 8158)350
8159)8160) 8161) Pe$s"'$c'$+!"-#+"'$
8162) 8163)100
8164)8165) 8166) T!a%e #$"'$s#-sc!"+"'$
8167) 8168)230
8169)8170) *e%#c+"'$s .!' :!'ss <a:es 8171) 8172)
8173)8174) Cas 8175) 8176)1;900
8177)
8178)8179) I$c'e+a
8180) 8181)620
8182)
8183)8184) Na+"'$aI$s#!a$ce
8185) 8186)350
8187)
8188)8189) Pe$s"'$c'$+!"-#+"'$
8190) 8191)100
8192)
8193)8194) T!a%e#$"'$s#-sc!"+"'$
8195) 8196)230
8197)
8198) 8199) a$ 8200) 8201)3;200
8202)8203) Pa&e$+s '. s+a+#+'!& a$%
,'#$+a!& %e%#c+"'$s
8204) 8205) 8206)
8*07)/)*/F Exercise A1(43=
8*10)Employe
e
8*11)Ho
ur
!
or" ed
8*1*)Pay
rate
perhour
8*13)$
8*14)8*15)ro
Pay
8*1#)8*17)
$
8*18) +edu,tion
8*1()
8**0)-otal
8**1)+edu,
tion
8***)$
8**3)
8**4).et Pay8**5)
$
8*30).atio
nal
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uran,e
8*31)$
8*3*)PE
8*33)$
8236)P"a$
8237)40
8238)100
8239)4;00
0
8240)80
8241)200
8242)280
8243)3;720
8244)Re=a
8245)40
8246)90
8247)3;60
8248)72
8249)180
8250)252
8251)3;348
7/26/2019 2010 Yr 9 POA Ans
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08252)
A:!a8253)40
8254)80
8255)3;20
0
8256)64
8257)160
8258)224
8259)2;976
8260)A"$
8261)40
8262)60
8263)2;40
0
8264)48
8265)96
8266)144
8267)2;256
8268)
a"
8269)
40
8270)
50
8271)
2;000
8272)
40
8273)
80
8274)
120
8275)
1;880
8276) TOTAL 8277)15;2
00
8278)304
8279)716
8280)1;020
8281)14;180
1(1(=/)/9F Led7ers :1(1*=
8285) Cas ''
8286) 8287) 8288)
8289)
2009
8290) 8291)
8292) 8293) 8294) 8295) #
&
14
8296) a:es
8297)14;180
8298) 8299) 8300) 8301) 8302) 8303)
8304)
8305) a:es acc'#$+
8306)20
09
8307) 8308)
8309) 8310) 8311)
8312) #
&
14
8313) Cas 8314)14;1
80
8315) 8316) 8317)
8318) 8319) I$c'e+a 8320)716 8321) 8322) 8323)
8324) 8325) Na+"'$aI$s#!a$ce
8326)304
8327) 8328) 8329)
8330)8331) I$c'e Ta acc'#$+
8332) 8333) 8334)
8335)20
8336) 8337)
8338) 8339) 8340) 8341) 8342) a:es 8343)
7/26/2019 2010 Yr 9 POA Ans
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# 716
8344) 8345) 8346) 8347) 8348) 8349)
8350)
8351) Na+"'$a I$s#!a$ce acc'#$+
8352) 8353) 8354)
8355)
20
8356) 8357)
8358) 8359) 8360) 8361) #
8362) a:es 8363)304
8364) 8365) 8366) 8367) 8368) 8369)
8370)8371) -he ournal Entrie:
8372) li Momin6 ournal
8373)2
8374) 8375) 837#)+ebit
8377)redit
8378)
8379) 8380) 8381)$
838*)$
8383)1
8384)a:
es
8385) 8386)14;180
8387)
8388)8389) 8390) Cas 8391) 8392)14;180
8393)8394) Pa&e$+s '. a:es 8395) 8396)
8397)8398)a:
es
8399) 8400)1;020
8401)
8402)8403) 8404) I$c'e +a 8405) 8406)716
8407) 8408) 8409) Na+"'$a I$s#!a$ce 8410) 8411)304
8412)8413) *e%#c+"'$s .!' :!'ss <a:es 8414) 8415)
8416)8417) I$c'e +a 8418)
716
8419)
8420)8421) Na+"'$a I$s#!a$ce 8422)304
8423)
8424)8425)a:e
s
8426) 8427)14;180
8428)
8429)8430) 8431) a$ 8432) 8433)15;200
8434)8435) Pa&e$+s '. s+a+#+'!& a$% ,'#$+a!&%e%#c+"'$s
8436) 8437)
7/26/2019 2010 Yr 9 POA Ans
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8438)8439) 8440) 8441) 8442)
8443)