BBM205/03 Basic Accounting Assignment Help Malaysia

Question 1 a. Explain the main purpose of a trial balance. (2 marks) b. Explain the differences between a bad debt and a doubtful debt. Illustrate with the accounting treatment of each. (4 marks) c. State what is meant by the term ‘accounting policies’. (2 marks) d. Explain why both a debit entry and a credit entry are used to record each transaction. Give an […]

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Introduction to Financial Management Assignment Answers

QUESTION 1 (25 MARKS) a) Najwa took a RM30,000 car loan from Mudah Bank. The bank charged Najwa 2.5%interest and requires her to pay at the end of each year for 4 years. Calculate theyearly repayment amount and complete the following loan amortization schedule. Year Beginning Value Repayment amount Interest paid Principal paid Ending Value 1 2 3 4 (10 marks) b) SejatiSdn. Bhd. had […]

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As a financial analyst of Maybank Berhad, analyse the financial condition of Petrox Berhad

You have been hired as a financial analyst by Maybank Berhad. Your task is to analyse the present financial condition of Petrox Berhad. You are provided with the following 2021 Statement of Financial Position and Statement of Profit or Loss information for Petrox Berhad. In addition, you are told that Petrox Berhad has 12,500,000 shares of ordinary shares outstanding, currently trading at RM11.25 per share, […]

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