UKAF 1033 Business Accounting 1
JAN 2013
Tutorial 1
1. Complete the gaps in the following table:
Assets
RM
55,000
36,100
119,500
88,000
Liabilities
RM
16,900
17,200
Capital
RM
34,400
28,500
15,400
49,000
62,000
110,000
2. Describe the accounting equation
UKAF 1033 Business Accounting 1
Jan 2011
Tutorial 1
1.
2. Accounting equation
Assets = Capital + Liabilities
AL=C
-
depicts the relationship between assets, liabilities and owners equity.
shows the financial position of a business entity at a particular d
UNIVERSITI TUNKU ABDUL RAHMAN (UTAR)
FACULTY OF ACCOUNTANCY AND MANAGEMENT
Unit Plan
1.
Unit Code &
Unit Title:
UKAF1033 BUSINESS ACCOUNTING 1
2.
Course of Study:
Bachelor of International Business (Hons)
Bachelor of Science (Hons) Actuarial Science
Bache
BUSINESS ACCOUNTING 1
UBAF 1033
Lecture 3
BASIC ACCOUNTING
PROCEDURES AND SYSTEMS
LEARNING OBJECTIVES
Nature and purpose of Statement of
Comprehensive Income and Statement of
Financial Position
Classification of assets and liabilities
Ledger accounts a
Lecture 10
The final
accounts of
sole traders
Learning objectives
1.
Explain the purpose & structure of statement
of comprehensive income and statement of
financial position, including subtotals for
gross and net income, including subtotals for
net curren
CONTROL
OR
TOTAL
ACCOUNTS
LECTURE13
LEARNINGOBJECTIVES
Describethedivisionofthegeneralledger
Explainthenatureandpurposeofthecontrol
accounts,includingthesourcesofentries
Preparesalesledgercontrolandpurchases
ledgercontrolaccounts
Identifyandcorrecterr
BUSINESS ACCOUNTING 1
UBAF 1033
Lecture 1
Learning objectives:
1.
2.
3.
4.
5.
6.
7.
Describe the nature of a business.
Explain the nature of accounting.
Explain the relationship between bookkeeping and
accounting.
List the main users of accounting and the
Lecture4
BOOKS
OF
PRIME ENTRY
Learningobjectives
List and explain the purpose of books of
prime entry.
Describe the process of recording
transactions in a book of original entry and
then recording a summary of the transactions
involving similar items in a
Lecture2
Accounting concepts and
conventions
1
Learningobjectives
1. Explain what is meant by objectivity and
subjectivity.
2. Explain what accounting standards are and
why they exist.
3. Explain the underlying concepts of
accounting.
2
ObjectivityandSubj
