a) Name of the business and date of business started:
• Business Name: SixCrunch
• Date of Business Started: March 1, 2022
b) Place of the business:
• 66, Jalan SW25, Taman Sutera Wangi, 75350 Batu Berendam, Melaka, Malaysia.
c) Business activities:
• SixCrunch is all about supplying and delivering the high quality, crunchiest and tastiest
chicken nuggets in Melaka town area.
d) Capital contributed by the owner:
• The owner, Mr. Jason has contributed an initial capital of RM 20,000 and RM 10,000
loan from bank to start business.
e) Financial accounting year:
• Financial Year: March 1, 2022 - March 31, 2023
f) Name of the single product to be sold, purchase cost, and sale price per unit:
• Single Product: Superior Nugget
• Purchase Cost: RM 10 per pack
• Sale Price per Unit: RM 20 per pack
g) Name of suppliers who sold goods on account (at least 2 suppliers):
• Supplier 1: Asia Frozen Food & Supply Enterprise
• Supplier 2: Lim Food Coldstorage
h) Name of customers who bought goods on credit (at least 2 customers):
• Customer 1: Pakdo Tomyam
• Customer 2: Pretty's Kitchen
Transaction Book of Source Date Description of Business Debit Credit Recorder
number original document Transactions
entry
1 Cash Mar 1 The owner, Mr. 20000 10000 Bernice
book 2022 Jason has Cash Bank
contributed an a/c a/c
initial capital of
RM 20,000 and
RM 10,000 loan
from bank to start
business.
2 Cash Invoice Mar 7 Payment to 9000 9000 Dinielia
book 2022 supplier Asia Asia Cash
Frozen Food & Frozen a/c
Supply Enterprise Payabl
with discount e
received: Paid RM
9,000 to Asia
Frozen Food &
Supply Enterprise
with a 10%
discount of RM
1000.
3 Cash Bill Mar 8 Paid RM 600 for 600 Jason
book 2022 electricity bill // bank (Kok
Insurance Huan)
expenses for
warehouse.
4 Purch Invoice Mar 12 Credit purchases 2000 Thierry
ases 2022 transactions from
Day supplier Asia
Book Frozen Food &
Supply Enterprise:
Purchased RM
2000 worth of
goods on credit
from Asia Frozen
Food & Supply
Enterprise.
5 Sales Credit Mar 14 Sales return from Credit Raja
Return Notes 2022 customer Pakdo 200
Day Tomyam:
Book Returned RM 200
worth of Superior
Nuggets from
Pakdo Tomyam.
6 Sales Invoice Mar 27 Credit sales 500 Bernice
Day 2022 transactions to
Book customer Pakdo
Tomyam: Sold RM
500 worth of
Superior Nuggets
on credit to Pakdo
Tomyam.
7 Sales Invoice Mar 31 Credit sales 700 Mabel
Day 2022 transactions to
Book customer Pretty's
Kitchen: Sold RM
700 worth of
Superior Nuggets
on credit to
Pretty's Kitchen.
8 Purch Invoice Apr 3 Credit purchases 6000 Mabel
ases 2022 transactions from
Day supplier Lim Food
Book Coldstorage:
Purchased RM
6000 worth of
goods on credit
from Lim Food
Coldstorage.
9 Sales Credit Apr 6 Sales return from 100 Mabel
Return Notes 2022 customer Pretty's
Day Kitchen: Returned
Book RM 100 worth of
Superior Nuggets
from Pretty's
Kitchen.
10 Cash Invoice Apr 8 One income 5000 Mabel
Book 2022 transaction:
Received RM 5000
from sales of
Superior Nuggets.
11 Cash Invoice Apr 10 Receipt from Debit Dinielia
Book 2022 customer Pretty's 400
Kitchen with
discount given:
Received RM 400
from Pretty's
Kitchen with a 5%
discount of RM 20.
12 Purch Debit Apr20 Purchase return to 3000 Bernice
ases Note 2022 supplier Asia
Return Frozen Food &
Day Supply Enterprise:
Book Returned RM 3000
worth of goods to
Asia Frozen Food
& Supply
Enterprise.
13 Gener Apr 25 Capital 10000 Bernice
al 2022 contribution by
Journa owner: Mr. Jason
l contributed RM
10000 as
additional capital
to the business.
14 Purch Debit Apr 30 Purchase return to 1000 Dinielia
ases notes 2022 supplier Lim Food
return Coldstorage:
day Returned RM 1000
book worth of goods to
Lim Food
Coldstorage.
15 Gener - May 2 Drawing of 200 Raja
al 2022 inventory: Mr.
Journa Jason withdrew
l RM 200 worth of
Superior Nuggets
for personal use.
16 Gener May 4 Purchase of a new 600 Raja
al 2022 non-current asset
Journa Industrial Freezer
l on account
(purchase on
1/2/2023):
Purchased non-
current asset
Industrial Freezer
for RM 600 on
account.
17 Gener May 6 Purchase of a new 15000 Thierry
al 2022 non-current asset
Journa Lorry on account
l (purchase on
1/6/2023):
Purchased non-
current asset Lorry
for RM 15000 on
account.
18 Cash Invoice May 8 Paid installation 400 Thierry
Book 2022 cost (related to
purchase of a new
non-current asset
Industrial
Freezer): Paid RM
400 for installation
of non-current
asset Industrial
Freezer.
19 Cash Invoice May Paid legal charges 500 Jason
Book 17 (related to (kok
2022 purchase of a new huan)
non-current asset
A): Paid RM 500 for
legal charges-
Safety and health
certification
charges related to
the purchase of
non-current asset
Freezer.
20 Purch Invoice May Credit purchases 2000 Jason
ase 20 transactions from (kok
day 2022 supplier Asia huan)
book Frozen Food &
Supply Enterprise:
Purchased RM
2000 worth of
goods on credit
from Asia Frozen
Food & Supply
Enterprise.
