CONFIDENTIAL 1 AC/JAN 2022/ACC117/106
UNIVERSITI TEKNOLOGI MARA
TEST 2
COURSE : INTRODUCTION TO FINANCIAL ACCOUNTING
AND REPORTING
COURSE CODE : ACC117/106
EXAMINATION : JANUARY 2022
TIME : 1 HOUR 30 MINUTES
INSTRUCTIONS TO CANDIDATES
1. This question paper consists of THREE (3) questions.
2. Answer ALL questions using your own paper and use HANDWRITING ONLY. Start each
answer on a new page.
3. Answer ALL questions in English.
4. READ:
i. I declare on my honour that I answer all questions on my own without copying and/or
cheating.
ii. I also declare that I do not communicate with the other students throughout the test
period.
iii. I agree to be given 0 mark if I was found guilty for any of these.
5. For submission:
i. Scan or take photos of your handwritten answers.
ii. Save as single PDF file (together with the answer script’s front page) and name as
ACC106 /ACC117_NAME_GROUP.
DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO
This examination paper consists of 6 printed pages
© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL
, CONFIDENTIAL 2 AC/JAN 2022/ACC117/106
Question 1
Miss Aliyah is the owner of a bookstore named MBH Enterprise. It is a family-owned business that
involved in buying and selling of various types of books. The following transactions took place in
November 2021.
Date Transactions
Nov 1 The owner, Miss Aliyah deposited RM100,000 into the business bank account.
Nov 3 MBH Enterprise purchased bookshelves worth RM25,000 on credit from IKEA
Damansara to display the popular books in their shop.
Nov 7 MBH Enterprise purchased the top world sequel ‘Lord of the Rings’ novel in bulk,
costing RM50,000 from Hobbit Trading. The amount of RM50,000 was paid by cheque
immediately.
Nov 10 The business bought a different series of seven fantasy novels that tell the stories of
Harry Potter, worth RM45,000 on credit from Book Depository Sdn Bhd.
Nov 15 The business sold 20 sets of novels to Perpustakaan Negeri for RM10,000. They paid
in cash RM2,000 and the balance was paid by cheque.
Nov 18 The business returned 10 novels worth RM10,000 to Hobbit Trading due to some
pages not being printed and was refunded accordingly.
Nov 20 The business issued a cheque to Book Depository Sdn Bhd to settle the outstanding
amount.
Nov 25 Amazon.com bought 50 books on Malaysian history worth RM20,000 from the
business. The payment is due in 30 days from the invoice date.
Nov 27 The business paid its staff commission of RM10,000 and the payment was made using
a cheque.
Nov 29 Miss Aliyah took ten novels worth RM2,000 as her personal contribution to children
with special needs in Hospital Raub.
Required:
Identify the appropriate books of prime entry for every transaction in November 2021.
(Total: 10 marks)
© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL
UNIVERSITI TEKNOLOGI MARA
TEST 2
COURSE : INTRODUCTION TO FINANCIAL ACCOUNTING
AND REPORTING
COURSE CODE : ACC117/106
EXAMINATION : JANUARY 2022
TIME : 1 HOUR 30 MINUTES
INSTRUCTIONS TO CANDIDATES
1. This question paper consists of THREE (3) questions.
2. Answer ALL questions using your own paper and use HANDWRITING ONLY. Start each
answer on a new page.
3. Answer ALL questions in English.
4. READ:
i. I declare on my honour that I answer all questions on my own without copying and/or
cheating.
ii. I also declare that I do not communicate with the other students throughout the test
period.
iii. I agree to be given 0 mark if I was found guilty for any of these.
5. For submission:
i. Scan or take photos of your handwritten answers.
ii. Save as single PDF file (together with the answer script’s front page) and name as
ACC106 /ACC117_NAME_GROUP.
DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO
This examination paper consists of 6 printed pages
© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL
, CONFIDENTIAL 2 AC/JAN 2022/ACC117/106
Question 1
Miss Aliyah is the owner of a bookstore named MBH Enterprise. It is a family-owned business that
involved in buying and selling of various types of books. The following transactions took place in
November 2021.
Date Transactions
Nov 1 The owner, Miss Aliyah deposited RM100,000 into the business bank account.
Nov 3 MBH Enterprise purchased bookshelves worth RM25,000 on credit from IKEA
Damansara to display the popular books in their shop.
Nov 7 MBH Enterprise purchased the top world sequel ‘Lord of the Rings’ novel in bulk,
costing RM50,000 from Hobbit Trading. The amount of RM50,000 was paid by cheque
immediately.
Nov 10 The business bought a different series of seven fantasy novels that tell the stories of
Harry Potter, worth RM45,000 on credit from Book Depository Sdn Bhd.
Nov 15 The business sold 20 sets of novels to Perpustakaan Negeri for RM10,000. They paid
in cash RM2,000 and the balance was paid by cheque.
Nov 18 The business returned 10 novels worth RM10,000 to Hobbit Trading due to some
pages not being printed and was refunded accordingly.
Nov 20 The business issued a cheque to Book Depository Sdn Bhd to settle the outstanding
amount.
Nov 25 Amazon.com bought 50 books on Malaysian history worth RM20,000 from the
business. The payment is due in 30 days from the invoice date.
Nov 27 The business paid its staff commission of RM10,000 and the payment was made using
a cheque.
Nov 29 Miss Aliyah took ten novels worth RM2,000 as her personal contribution to children
with special needs in Hospital Raub.
Required:
Identify the appropriate books of prime entry for every transaction in November 2021.
(Total: 10 marks)
© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL
