Professional Documents
Culture Documents
Kampus Jasin
ACC106
Alhamdulillah and gratitude to Almighty for giving us the strength and patience
to complete this project within the time frame given. First and foremost, we
would like to thank our advisor @ lecturer MR. MUHAMMAD SYAZWAN BIN
ABDUL KARIM in anticipation, who has provided and guide us thoroughly with
this project as one of the key curricular of Financial Accounting [ACC106].
The completion of this undertaking could not have been possible without all
the participation of our team members consisting of :
NoorShameera binti NoorHelmi [2015154829]
Anis Nursyahmin binti Ahmad [2015338071]
Norainatasha binti Abd Razak [2015321305]
Muhammad Nizam
Ahmad Adam bin Yusuf [2015506461]
bin Adnan
Muhammad Amirul Nazmi bin Mohamad Yasin [2015551993]
and others that are involved rather direct or indirectly, whose name may not all
be enumerated. Their contributions are sincerely appreciated and gratefully
acknowledged. To friends who had helped by giving some guide, we really
appreciate your help. This group would like to again express our deep
appreciation and indebtedness particularly to our lecturer for his relentless yet
persistent effort in guiding us in completing this crucial project titled Books
of Prime Entry.
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CONTENTS
Title Pages
Acknowledgement 1
Table Of Contents 2
Introductions 3-6
Transaction For A Month :
1) Sales Journal 7
2) Purchase Journal 7
3) Return Inwards Journal 8
4) Return Outwards Journal 8
5) Cash Receipt Journal 9
6) Cash Payment Journal 9
7) General Journal 9
Journal 10
Trial Balance 17
Conclusion 18
Reference 19
2
INTRODUCTIONS
This project was started on 18th of February 2016. We are assigned to the
project titled Books On Prime Entry. Our team has decided to choose
Cuisine Trend Enterprise as both remarkable name and the brand of
product of our Company. members. As it is the trend in today's society
to be followed, we think it is a great idea to come up with a catchy name
that is easy for the customer to remember.
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Cuisine Trend Enterprise as a kitchenware company specializing in high-
quality kitchenware for customers and commercial market. We have
extensive experience in kitchenware industry. Over some years, being
involved in kitchenware products, we have seen a vital need for
kitchenware with a broad selection of design choices, quality and material
build along with top of the line organization and quality. Cuisine Trend
Enterprise meet those customers needs.
The primary source of capital for our business comes from savings and
other forms of personal resources among the members. Via personal
saving and other resources, each of the 5 founder Amirul Nazmi, Ahmad
Nizam
Yusuf,
Adam, Anis, Noorshameera and Noraintasha have contribute an equal
amount of capital in starting the business which is RM2400.00 each,
summing up to RM12000.00 in total as start up cash for the company.
For the year 2016, as of 31st January, we have a total of RM 21,150.00 for
debit and distinct of RM22,725.00 for credit for trial balance. The
transactions for our business are created in the month of January.
Beginning from 1st January up until 31st January.
For additional information, we are also available online via our official
Facebook page, providing customer an alternative method to access our
row of exclusive product virtually at their convenience and ease.
Visit : www.facebook.com/CuisineTrend.
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Company Background
5
TRANSACTIONS
BOOK OF
SUPPPORTING
NO DATE TRANSACTION PRIME
ENTRY DOCUMENT
Owner of Cuisine Trend Enterprise
1 JAN 1 General Journal Official Receipt
start business with RM 12,000 cash.
Bought goods worth RM 3000 by Purchases
2 JAN 2 Invoice
credit from K.E Enterprise. Journal
Bought goods worth RM 600 by credit Purchases
3 JAN 4 Invoice
from Amat Kicthen Bhd. Journal
Sold goods worth RM 2000 on credit
4 JAN 5 Sales Journal Invoice
to LenChai Kitchen.
Bought goods worth RM 2000 from Purchases
5 JAN 7 Credit Note
JOHO. Journal
Return goods worth RM 500 from Return Outward
6 JAN 8 Invoice
JOHO. Journal
Sold goods worth RM 4000 on credit
7 JAN 10 Sales Journal Invoice
to Sam.
Sold goods worth RM 3000 on credit
8 JAN 11 Sales Journal Invoice
to Azman.
LenChai Kitchen returned goods Return Inward
9 JAN 13 Official Receipt
worth RM 100. Journal
Receive RM 3000 from Sam. Cash Receipt
10 JAN 14 Official Receipt
Journal
Return Inward
11 JAN 16 Sam returned goods worth RM 125. Credit Note
Journal
Return Outward
12 JAN 18 Return goods worth RM 75 to JOHO. Credit Note
Journal
Shameera took RM 200 cash at General Journal
13 JAN 19 Memo
companys bank for her own use.
Azman returned goods amounted Return Inward
14 JAN 21 Credit Note
RM 400. Journal
6
Nizam took RM 300 cash at companys
15 JAN 23 General Journal Memo
bank for his own use.
Return damaged goods amounted RM Return Outward
16 JAN 24 Official Receipt
100 to Amat Kitchen Bhd. Journal
Receive RM 1000 from LenChai Cash Receipt
17 JAN 25 Official Receipt
Kitchen. Journal
Cash Receipt
18 JAN 26 Receive RM 2000 from Azman. Journal
Official Receipt
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SOURCE DOCUMENTS
CUISINE TREND ENTERPRISE
Pasir Gudang, Johor
Phone:1800-88-2427
Email: cuisinetrend@gmail.com
Website: www.fb.com/cuisinetrend
Official Receipt
Cash Receipt #: 771229191 Date: 01/01/2016
Cash Received From Owner of Cuisine Trend______________________ of RM 12,000.00
For Business Capital
Total Amount Due 12,000.00
Amount Received 12,000.00
Payment Received in: Balance Due 0.00
Cash
Cheque
_________________________
Other
Cash Receipt Template Signed By
8
SOURCE DOCUMENTS
MEMO
CUISINE TREND ENTERPRISE
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Cuisine Trend Enterprise No 1918d, Jalan Stadium,
INVOICE / 02-01-2016
SOURCE DOCUMENTS Taman Stadium,
Notes
Subtotal RM3000
TOTAL RM3000.00
10
JOURNAL
Double Amount
Date Effects Account
Entry (RM)
1/1 Asset Increase Debit Cash 12,000
Owner Equity Incease Credit Capital 12,000
11
23/1 Owner Equity Decrease Debit Drawing 300
Asset Decrease Credit Bank 300
24/1 Asset Increasae Debit Cash 100
Expenses Decrease Credit Return Outward 100
25/1 Asset Increase Debit Cash 1000
Asset Decrease Credit Debtor-LenChaiKitchen 1000
26/1 Asset Increase Debit Cash 2000
Asset Decrease Credit Debtor- Azman 2000
27/1 Liability Decrease Debit Creditor K.E Enterprise 2500
Asset Decrease Credit Cash 2500
28/1 Liability Decrease Debit CreditorAmatKitchenBhd 500
Asset Decrease Credit Cash 500
29/1 Liability Decrease Debit Creditor JOHO 200
Asset Decrease Credit Cash 200
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LEDGER
Cash
1-Jan Capital 12,000 7-Jan Purchases 2,000
8-Jan Return outward 500 13-Jan Return Inwards 100
14-Jan Debtors - Sam 3,000 16-Jan Return Inwards 125
18-Jan Return outward 75 21-Jan Return Inwards 400
24-Jan Return outward 100 26-Jan Cash 2,000
25-Jan Debtors - LenChai Kitchen 1,000 27-Jan Creditors - K.E Enterprise 2,500
26-Jan Debtors - Azman 2,000 28-Jan Creditors - Amat Kitchen 500
29-Jan Creditors - JOHO 200
10,85
31-Jan balance c/d 0
18,67
18,675 5
1-Feb Balance b/d 10,850
Capital
12,00
3-Jan Balance c/d 12,000 1-Jan Cash 0
12,00
12,000 0
12,00
2-Jan Balance b/d 0
Purchases
2-Jan Creditors - K.E Enterprise 3,000 31-Jan Transfer to P&L 5,600
4-Jan Creditors - Amat Kitchen 600
7-Jan Cash 2,000
5,600 5,600
13
Creditors - Amat Kitchen
28-Jan cash 500 4-Jan Purchases 600
31-Jan balance c/d 100
600 600
1-Feb balance b/d 100
Sales
31-Jan Transfer to P&L 9,000 5-Jan Debtor - LenChai Kitchen 2,000
10-Jan Debtor - Sam 4,000
11-Jan Debtor - Azman 3,000
9,000 9,000
Return Outwards
31-Jan Sales 4,000 14-Jan cash 3,000
31-Jan balance c/d 1,000
4,000 4,000
1-Feb balance b/d 1,000
Debtor - Sam
10-Jan Sales 4,000 14-Jan cash 3,000
31-Jan balance c/d 1,000
4,000 4,000
14
Debtor - Azman
11-Jan Sales 3,000 26-Jan Cash 2,000
31-Jan Balance c/d 1,000
3,000 3,000
1-Feb Balance b/d 1,000
Drawing
19-Jan Bank 200 31-Jan Balance c/d 500
Bank 300
500 500
1-Feb Balance b/d 500
Bank
31-Jan Balance c/d 500 19-Jan Drawing 200
Drawing 300
500 500
1-Feb Balance b/d 500
Creditors - JOHO
29-Jan Cash 200 31-Jan Balance c/d 200
200 200
1-Feb Balance b/d 200
15
Return Inward
13-Jan Cash 100 31-Jan Transfer to P&L 625
16-Jan Cash 125
21-Jan Cash 400
625 625
16
TRIAL BALANCE
Cash 10,850
Capital 12,000
Purchases 5,600
Creditors - K.E Enterprise 500
Creditors - Amat Kitchen 100
Debtors - LenChai Kitchen 1,000
Sales 9,000
Return Outward 1000
Return Inward 625
Debtor - Sam 1,000
Debtor - Azman 1,000
Drawing 500
Bank 500
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CONCLUSION
By finishing this project there are several vital values that we were able to
implement and add in our daily lives. First and foremost, we learnt on
how important group cooperation is in achieving our goal. It will be
extremely tough to have this program completed without proper
commitment from the members.
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REFERENCE
disclaimer: The links provided in this project is working and subjected and recommended to be visited.
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