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Local council or municipal council (Majlis Bandaraya & Perbandaran) would take action against certain nuisance in accordance with the law – Street, Drainage and Building Act 1974 (SDBA74). This is commonly heard […]

a) State five (5) characteristics of non-current assets. (10 marks)b) Elaborate the accounting concepts related to the following situationsi. Personal medical insurance paid by Ms. Nicole is not recorded in the […]

a) Explain the meaning of “equity” in the context of a company. (5 marks)b) Discuss five (5) differences of a sole proprietorship and a partnership. (15 marks)(20 marks, 2019 Q2)A.Ref:

On 1 April 2016, Syarikat Juice Buzz bought a RM24,000 machine. On 1 January 2017, the company bought another RM28,000 machine.The machine depreciation rate for machine is 20% on cost (the depreciation is […]

(20 marks, 2019 Q4)

A.

Ref:

(20 marks, 2019 Q5)

A.

Ref:

(20 marks, 2019 Q6)

A.

Ref:

Cash Account of Puan Rosma, who is the owner of Perniagaan Blackpurple shows a debit balance of RM13,800 on 30 October 2018. Bank statements on the same date show different balances. The differences are as […]

i) Sales
ii) Cost of Sales
iii) Percentage of net profit on Sales
iv) Inventory turnover rate

(20 marks, 2019 Q8)

A.

Ref:

Q.
a) Describe the two (2) following methods to control inflation:

i. Monetary Policy. (5 marks)
ii. Fiscal Policy. (5 marks)

b) Explain the difference between macroeconomics and microeconomics. (10 marks)

(20 […]

Q.
a) Explain the mechanism of government intervention in stabilizing the economy. (10 marks)

b) Describe the difference between Domestic Trade and International Trade. (10 marks)

(20 marks, 2019 […]