Universiti Teknologi MARA (UiTM) Questions

4. On 1 August 2022, Tango Bhd bought inventories at RM75,000 (excluding transportation cost of RM2,400) from JP Bhd. The company paid 10% of the value in cash upon the delivery while the balance will be paid in 30 days. On 25 August, the company paid all the outstanding amount…

1. The information related to the property, plant and equipment of the company is as follows: a. The depreciation policy of the company is as follows: i. Building is depreciated on straight-line method over 50 years with no residual value on a yearly basis. ii. Plant and equipment are depreciated…

As at 31 December 2022, a physical stock count was carried out to determine the value of the inventories held by Tango Bhd. The unsold inventories were valued at RM881,750. Due to the flood in December 2022: • 10% of the inventories were fully damaged and could not be sold.…

CLO1: Organise Public Relations campaign that related to communication and media industry. (PLO3) (P4) Group project related to Public Relations campaign emphasize the attribute of ‘practical skills’ in MQF 3 LOD. Assessment: Group Project (50%) ✓ The final campaign project requires students to work in teams to research and propose…

INTRODUCTION (Motorcar Pro Automative Shop) Motorcar Pro was a business that focusing on selling various of automative car parts and related accessories to both consumers and professional repair shops. We just started this business operation on 1 January 2023 in a store that are located at Jalan Undan, 5/2 Miles,…

QUESTION 1 Saifullah is the owner of Sinar Indah Shop, an electronic shop in Kuala Terengganu since 2004. Below is the statement of profit or loss for the year ended 31 December 2023: cta_question_2

Required: Part A: Computation of Personal Tax Liability Prepare the following computation: a. Statutory Business Income of Sinar Indah Shop for the year assessment 2023; b. Total income of Saifullah and Intan Shuhada for the year of Assessment 2023 and; c. Income tax payable / tax refund in respect of…

OBJECTIVE The assignment's goal is to gain an understanding of the fundamentals of financial accounting in numerous publicly traded Malaysian organizations. The task is to evaluate organizations' financial reporting, with an emphasis on the MFRS used, vertical and horizontal analysis, and company ratios. The assignment is to analyze the financial…

You have to select the latest annual report of any one of listed companies in Malaysia. a) Briefly discuss the principal activities, background, corporate structure etc b) Choose any FIVE (5) accounting standards that you have learned in class and discuss briefly those standards regarding their recognition, measurement, derecognition (if…