Gosh!!! It is final exam week!

It's Sunday...Chill out!

Lost count of the days. It is Sunday right? But hey, as long as you stay at home, it is okay. We are going through this together. Don't know to do at home?  Create something useful, learn many things from the internet, recite Quran or worst you can just sleep for the whole  MCO period.

As for me, I still need to learn. Many things that I don't know with limited time available. Spend it wisely... Now, let's ROCK!

Preparation of Financial Statement - Stage 5 Solution

Assalamualaikum and dear students

This is the final stage of the preparation of the basic financial statement from a trial balance. It is normal of the question or the trial balance is longer compared from what you see in the video. I haven't put in depreciation calculation as well as the adjustments of accruals and prepayment yet. But for the meantime, just get yourself to know how to prepare this statement.

Here is the solution

Preparation of Financial Statement - Stage 4 Solution

Assalamualaikum students

For stage 4 solution I put additional items such as discounts received and drawings. So you can watch the video and listen to the explanation of what they are all about. In the end, we should get the final accounts balance. Check carefully one by one the numbers you keyed in as it could make your final accounts not balance.

Preparation of Financial Statement - Stage 3 Solution

Again, not the same question but still using the same method of doing it. This time the trial balance is a little bit longer than the previous with additional items added to make it more complicated. But hey, wait till stage 5 ok. Now I just show you how to beat the Stage 3.

Preparation of Financial Statement - Stage 2 Solution

Ok guys, here is another video for the solution for the stage 2 regarding the creation of financial statement from a trial balance. Of course stage 2 is quite ok and still manageable since I put few items in the trial balance such as returns inwards and returns outwards. Stage 3 is still in the studio preparing what is unprepared.

Hopefully you guys can take a look at the video for better understanding. Stage 3 is coming!

Relevant Cost - Make or Buy Part 2 Solutions

How it ends....

Finally the saga between Lebai Mat and Pak Man has ended. What will happen to Pak Man? How Lebai Mat handling the situation? Click the video for the exciting solution between those two.

Preparation of Financial Statement - Stage 1 solution

Please refer to the video for the solution for Stage 1

Preparation of Financial Statements

Assalamualaikum and dear students

You can find the attachment below for your exercises. This exercise is for you to prepare for your coming examination. Prepare statement of profit and loss as well as statement of financial position. InsyaAllah I'll be making the video for the solution later. Download and try it first ok.


Exercises in stages

Relevant Cost - Make or Buy Part 1 Solutions

Assalamualaikum and dear students,

At last the solution foe the Part 2 saga has been completed. Please be reminded that, there is a slight change in thee question regarding the labour hours. It should be 0.5 for Songkok and not 0.25 as stated. Just change the number and you will know when you watch the video later on.

Enjoy the video!