Accounting Equation - Part 1

This video is the continuation from the previous 6 episode videos I've posted last week. The title of this video is Accounting Equation - Part 1, there will be part 2, soon. So enjoy.....

BUACC1507 - Sayonara and Short exercise

Awkward right? Its not me but its them.... What I know now is that, I have to let go the class and replaced it with another class. The tossing game will keep on going until they resolved their inefficiency.

So, this maybe my last exercise for you.... till then, see you and bye!

Exercise 1

Enter the following transactions in the books of Muhaimin:

March 1     Started firm with RM50,000 cash

March 3     Deposited RM20,000 cash into a bank account

March 5     Bought stock on credit for RM8,600 from Mustakizah

March 7     Bought office equipment for RM12,000 paying by cheque

March 9     Returned stock worth RM3,000 to Mustakizah

March 11   Sold goods on credit to Farhana for RM4,800

March 13   Purchased office fixtures on credit from Afiq Supplies for RM4,600

March 15   Farhana returned goods worth RM2,000

March 17  Muhaimin settled his account with Mustakizah by sending cheque for RM2,600

March 19 Muhaimin brought in a personal computer to the business worth RM5,200

Exercise 2

Construct the ‘T-account’ for the following transactions in the books of Mr Bob:

Mr Bob started a textile business on 1 January 2018. He later put RM60,000 into the business bank account. Below are the transaction relating to the business for the month of January 2018. He also rent shop premise from En Rafiq for RM2,000 whom he paid by cheque. He bought a machine RM3,000 and shelves under fixtures and fittings for RM4,000, all of those were paid by cheque. The rest of the transaction occurred in the month of January 2018;

		RM
Jan 2	Bought goods for resale from Bothina Boutique by cheque	5,000.00
Jan 3	Withdrew cash from bank for business use	1,500.00
Jan 4	Bought goods for stock from Nor Fadzlina Fashion by cash	600.00
Jan 5	Sold to Shamsuddin Shoppe for cash	1,300.00
Jan 6	Sold to Batek Husna Enterprise on credit	3,700.00
Jan 7	Returned some goods to Bothina Boutique	300.00
Jan 8	Batek Husna returned goods	400.00
Jan 9	Cash sales to Faezah	1,500.00
Jan 11	Cash payment to Bouthina Boutique	800.00

Welcome BUS2231 Students.... Financial Accounting 2

Assalamualaikum, there was a last minute change in the timetable for Financial Accounting 2. Previously the lecturer in-charged was Mdm Aisyah Md Din and now....it's me. Well then, I have to take it...

So my advice to you is....same like previous semester where you have to adhere my rules and regulations. Please refer back to the Dos and Don'ts and do whatever I tell you to do.

And.....You'll need to purchase the book. Ok, see ya!

Accounting Equation BUS1233, CBA1133, ACC1231, DOM2234 and BUACC1507

Assalamualaikum and dear students,

Please spend some time by watching at these two videos regarding the accounting equation. Make sure you have understood all the 6 videos from my previous posting.

Later, I will put up exercise questions to test your understandings. Enjoy this video first. The part 2 of this video will follow suit....

Introduction to Accounting for CBA1133, ACC1231, DOM2234 and BUACC1507

Assalamualaikum and dear students,

Before we proceed even further into the subject, I want you guys to browse through the internet and read something about accounting. This will give you some ideas on the  accounting journey that we going to embark for the next couple of months. I also pinned us some simple introduction videos regarding accounting. The rest I am still working on it.

I will try my best to make this subject interesting and of course with the help of you guys, this subject will be even great.

Enjoy this video and we shall discuss further in class...

Welcome CBA1133, ACC1231, DOM2234 and BUACC1507 students

Assalamualaikum and salam sejahtera,

I would like to take this opportunity to welcome you to my class for the above subjects. First of all, let me lay down some rules and what the do’s and don’ts  for the class.

Do’s

1. Come to class.
2. Be punctual.
3. Mobile phones should always be in silent mode.
4. Always bring your accounting book/manual to class.
5. Every students’ should own a calculator (real calculator).
6. Give full attention to the lectures.
7. Sleep if you feel to sleep.
8. Attempt or sit for exercises,quizzes or assignment on specified date.
9. Submit any work given on time.

Don’ts

1. Absent without valid reasons.
2. Late to class.
3. Browsing, texting and talking on the phone during lecture time.
4. Sharing books is not recommended.
5. Using mobile phone as calculator.
6. Chit chatting/discussion with friends during the lecture.
7. Sleepwalking.
8. Absent for the exercises, quizzes or assignment without valid reasons.
9. Late submission of exercises, quizzes or assignment.

I welcome for students who wish to bring drinks or snacks to the lecturer ….hahaha

Please regularly check the blog as I will be posting some notes, exercises, assignments etc. Look at this sign Potential marks ♥♥♥♥♥ coz this will contribute to the marks when we discuss or when you you submit whatever is being required.

Welcome new semester!

Assalamualaikum and dear students,

As much as excited like you are, I am now eager to start my new semester with new environment, new students, new posting (just about to continue today...hehe) and also new hope. By the way, the word hope...not referring to the superman, not referring to the star wars episode but the hope that I put to you and to myself to becoming effective students and success. That's all I want from you guys...

So, for new students, some postings that will be appearing after this and throughout the semester will be full of information, notes, exercises, videos. All of that for you to learn. I'm just sharing whatever that I can get from the net for us to discuss and to do together.

Okay, enough mumbling, I hope you'll enjoy my class and here is something for you....Enjoy!