Accounting Equation Format to Analyze Business Transactions in Pusat Komputer Epul

Instructions for preparing and submitting the assignment

1.    This assignment contains only THREE (3) questions that is set in both Malay and English. / Tugasan ini mengandungi TIGA (3) soalan sahaja yang disediakan dalam bahasa Melayu dan bahasa Inggeris.

2.    Answer in Malay or English. / Jawab  dalam  bahasa Melayu atau bahasa Inggeris.  

3.    Download the language version of the assignment template concerned from the myINSPIRE for preparation and submission of your assignment. Your assignment should be typed using 12 point Times New Roman font and 1.5 line spacing. / Muat turunkan templat tugasan versi bahasa yang berkenaan daripada myINSPIRE untuk penyediaan dan penyerahan tugasan anda. Tugasan anda hendaklah ditaip dengan menggunakan saiz fon 12 Times New Roman dan langkau baris 1.5. 

4.    You must submit your assignment ONLINE via the myINSPIRE. Refer to the portal for instructions on the procedures to submit your assignment online. You are advised to keep a copy of your submitted assignment for personal reference. /Anda dikehendaki menghantar tugasan SECARA ONLINE melalui myINSPIRE. Sila rujuk kepada portal untuk arahan mengenai prosedur menghantar tugasan anda secara online.Anda dinasihatkan menyimpan senaskah tugasan yang diserahkan untuk rujukan sendiri.

5.    You can submit your assignment ONCE only in a SINGLE file. / Anda hanya boleh menghantar tugasan SEKALI sahaja dalam SATU fail. 

6.    Your assignment must be submitted between 30 October 2017 until 12 November 2017. Submission after 12 November 2017 will NOT be accepted. / Tugasan anda hendaklah diserahkan antara 30 Oktober 2017 hingga 12 November 2017. Serahan selepas 12 November 2017 TIDAK akan diterima. 

7.    Your assignment should be prepared individually. You should not copy another person’s assignment. You should also not plagiarise another person’s work as your own. / Tugasan hendaklah disiapkan secara individu. Anda dilarang meniru tugasan orang lain. Anda juga dilarang sama sekali memplagiat kerja orang lain sebagai kerja sendiri. 

8.    Please take note that PENALTY will be imposed on late submission of assignment as specified in the Registrar’s Office circular 6/2012 (Refer to Registrar’s Announcement in myINSPIRE)./Sila ambil maklum tentang PENALTI yang akan dikenakan ke atas penghantaran lewat tugasan seperti yang tertera di pekeliling pejabat Pendaftar 6/2012 (Rujuk Registrar’s Announcement di myINSPIRE).

9.    Please ensure that you keep the RECEIPT issued upon submisson of your assignment as proof of submission. Your assignment is considered as NOT submitted if you fail to produce the submission receipt in any dispute arises concerning assignment submission./ Anda perlu memastikan RESIT yang dikeluarkan bagi penghantaran tugasan disimpan sebagai bukti penghantaran. Kegagalan mengemukakan resit dalam sebarang isu yang timbul berkaitan penghantaran tugasan akan mengakibatkan tugasan dianggap TIDAK dihantar.

Details of Business Transactions conducted by Pusat Komputer Epul in the first month

Assignments found to have similarities under any of the categories above; will not be entitled to apply for appeal. For learners who fall into the 70.01-100 similarities group, the access for online appeal for assignment remarking of the subject will be disabled from the appeal options. / Tugasan yang dikenal pasti mempunyai pertindihan tugasan bagi mana-mana kumpulan pertindihan di atas tidak dibenarkan untuk rayuan. Bagi pelajar dalam kategori pertindihan tugasan kumpulan 70.01-100, akses online rayuan semakan semula tugasan bagi subjek berkaitan dilupuskan dari pilihan rayuan. 

The purpose of this assignment is to enhance learners’ skills to analyse business transactions using accounting equation, post journal entreis to ledger, and prepare financial statements. 

Tujuan tugasan ini adalah untuk mempertingkatkan kemahiran pelajar untuk menganalisis urus niaga – urus niaga perniagaan dengan menggunakan persamaan perakaunan, memindah catat catatan-catatan jurnal ke lejar, serta menyediakan penyata-penyata kewangan.  

On 1 July 2017, Saiful decided to begin his own computer service business. He named the business Pusat Komputer Epul. During the first month, Saiful has conducted the following business transactions:
Date    Transactions
July 1    Invested RM45,000 of his savings into the business.
2    Paid RM12,000 for the computer from Multi Systems Trading.
3    Paid RM6,000 for office equipment from Modern Furniture Trading.
4    Purchased office supplies on credit amounting to RM2,500.
8    Paid July rent amounting to RM4,000.
10    Repaired computers for a customer and collected cash RM2,500.
14    Collected RM2,000 for system upgrade labour charge from a customer.
18    Unpaid electric bill amounting to RM850.
27    Collected RM1,200 for services performed for Taylor Golf Trading.
31    Withdrew RM1,000 to take his wife, Anita, for the opening celebration of opening his new business.
    
Required:
Show the effect of each transaction and the balance after each transaction using accounting equation format. 
 (Total/Jumlah: 12)
Pada 1 Julai 2017, Saiful mengambil keputusan untuk memulakan perniagaan perkhidmatan komputer sendiri. Beliau menamakan perniagaan itu Pusat Komputer Epul. Sepanjang bulan pertama, Saiful telah menjalankan urus niaga – urus niaga perniagaan berikut:

Tarikh    Urus niaga – urus niaga
Julai 1    Melaburkan RM45,000 daripada wang simpanan beliau ke dalam perniagaan.
2    Membayar RM12,000 untuk komputer dari Multi Systems Trading.
3    Membayar RM6,000 untuk peralatan pejabat dari Modern Furniture Trading.
4    Membeli bekalan pejabat secara kredit berjumlah RM2,500.
8    Membayar sewa Julai berjumlah RM4,000.
10    Membaiki komputer-komputer sistem untuk pelanggan dan mengutip RM2,500 tunai.
14    Mengutip RM2,000 caj buruh untuk menaik taraf sistem dari seorang pelanggan.
18    Bil elektrik belum dibayar berjumlah RM850.
27    Mengutip RM1,200 untuk perkhidmatan yang dilaksanakan untuk Taylor Golf Trading.
31    Mengeluarkan RM1,000 untuk membawa isterinya, Anita, sebagai sambutan pembukaan perniagaan barunya.