We have migrated to a new site…

We are pleased to announce that Fadhil Consultancy and Training has moved to another site that is Facts and Me. The address for the site is https://bloggerfadhil.blogspot.my/.

There main reason whatsoever for the migration is that we had issues on monetizing the site and we don’t want to waste our time to remedy after few attempts. Hopefully, our new site won’t give us trouble to do so.

We apologize for the inconvenience and hope followers can switch to the new site and keep supporting us to produce as well educating people out there.

We sincerely thank WordPress for giving us the opportunity to publish and share contents with our audience.

We have made necessary adjustments to the instagram due to most of our audience using the said apps to gain access to the blog.

Thank you.

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DOM2234/CBA1133 Group Assignment

THE FADHIL AFFAIR

THE RETURN

This is the extension from the previous assignment. Do watch carefully at the very end of this video as you will know what to do. We have covered everything in our syllabus and now it is the time you prove to me that you could do it. Remember, the submission date remains. Failure to comply will result your assignment to be in a trash can.

 

Ok bye, see ya!

Revision time – SOCI/SOFP (Level 1)

Again…. for those who really wants to study. You can print this and attempt this exercise.

RM RM
Dr Cr
Sales and Purchases            61,900          287,600
Returns               1,750               1,010
Carriage inwards               2,500
Inventory 1.1.18            10,400
Equity 1.1.18          150,000
Salary            52,000
Rental            15,000               6,000
Interest               2,200               1,480
Stationery               2,750
Utilities               8,800
Insurance               1,520
Bad debt               2,400
Advertising               8,550
Premises          200,000
Furniture and fittings            15,000
Machinery            30,000
Receivables and payables            35,400               8,730
Bank               4,500
Cash                  150
         454,820          454,820

Additional notes,

Closing inventory as at 31.12.2018 is RM12,350
Depreciation for machine is to be provided at 20% using straight line method
The owner took RM100 on a weekly basis throughout the year from the bank

Good luck

Revision Time – SOCI/SOFP

Below is an exercise regarding the SOCI and SOFP. This in only an entry level, there will be to come as you can use this as your warm-up session.

Good luck

RM RM
Dr Cr
Sales and Purchases            61,200          294,600
Returns               1,350               1,030
Carriage inwards               2,500
Inventory 1.1.18            10,400
Equity 1.1.18          100,000
Salary            48,000
Rental            15,000               6,000
Interest               2,200               1,800
Stationery               1,750
Utilities               3,200
Insurance               1,520
Bad debt               2,400
Premises          200,000
Machinery            30,000
Receivables and payables            35,400               8,640
Bank               3,000
Cash                  150
         415,070          415,070

To be continued….