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    TK03 Aks Liana Damayanti

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    Liana Damayanti
    This document contains an assignment on Islamic accounting consisting of 5 questions. Question 1 asks to post journal entries to T-accounts and compute balances. Question 2 asks to prepare a trial balance. Question 3 provides transactions and asks to prepare journal entries. Question 4 provides general journal entries to post to accounts and prepare a trial balance. Question 5 identifies accounting errors and asks which cause an unequal trial balance and which cause a misstated but equal trial balance.

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    TK03 Aks Liana Damayanti

    Uploaded by

    Liana Damayanti
    89 views7 pages
    This document contains an assignment on Islamic accounting consisting of 5 questions. Question 1 asks to post journal entries to T-accounts and compute balances. Question 2 asks to prepare a trial balance. Question 3 provides transactions and asks to prepare journal entries. Question 4 provides general journal entries to post to accounts and prepare a trial balance. Question 5 identifies accounting errors and asks which cause an unequal trial balance and which cause a misstated but equal trial balance.

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    TK03 AKS LIANA DAMAYANTI

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    This document contains an assignment on Islamic accounting consisting of 5 questions. Question 1 asks to post journal entries to T-accounts and compute balances. Question 2 asks to prepare a trial balance. Question 3 provides transactions and asks to prepare journal entries. Question 4 provides general journal entries to post to accounts and prepare a trial balance. Question 5 identifies accounting errors and asks which cause an unequal trial balance and which cause a misstated but equal trial balance.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    89 views7 pages

    TK03 Aks Liana Damayanti

    Uploaded by

    Liana Damayanti
    This document contains an assignment on Islamic accounting consisting of 5 questions. Question 1 asks to post journal entries to T-accounts and compute balances. Question 2 asks to prepare a trial balance. Question 3 provides transactions and asks to prepare journal entries. Question 4 provides general journal entries to post to accounts and prepare a trial balance. Question 5 identifies accounting errors and asks which cause an unequal trial balance and which cause a misstated but equal trial balance.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 7

    TUGAS 3

    AKUNTANSI KEUANGAN SYARIAH + LABORATORIUM

    Disusun Oleh:

    Nama : Liana Damayanti


    NIM : 43218010092
    No. Absen : 21

    S1 AKUNTANSI
    FAKULTAS EKONOMI DAN BISNIS
    UNIVERSITAS MERCU BUANA
    2020
    1. Post the following journal entries from the books of Aafaq Islamic
    Finance to their respective T-accounts and compute the October 31
    balances.

    General Ledger

    Cash Accounts Receivable

    Oct.12 6.000 4.000 Oct.7 Oct.9 1.500 1.000 Oct.22

    Oct.22 1.000 2.000 Oct.16 Bal. 500

    Bal. 1.000

    Revenue Rent Expense

    1.500 Oct.9 Oct.16 2.000

    6.000 Oct.12 Bal. 2.000

    Bal. 7.500

    Accounts Payable Material Supplies

    3.500 Oct.3 Oct.3 3.500

    Bal. 3.500 Oct.7 4.000

    Bal. 7.500
    2. The ledger accounts of Dar Al Fatina show the following account bal-
    ances as of March 31, 20X6. Prepare a trial balance for the company as of
    the same date.

    Dar Al Fatina
    Trial Balance
    March 31 20X6
    Accounts Debit Credit
    Cash 3.000
    Account Receivable 6.000
    Supplies 6.00
    Office Equipment 3.000
    Account Payable 4.500
    Owner Capital 6.600
    Dividends 3.000
    Service Revenue 9.000
    Rent Expense 1.500
    Salaries 3.000
    Total 20.100 20.100

    3. During the month of June, the following transactions took place at the
    Islamic Finance Training Company. Prepare the journal entry for each of
    these transactions.

    a. Cash 75.000
    Owner’s Capital 75.000

    b. Office Equipment 5.000


    Cash 5.000

    c. Material Supplies 7.000


    Account Payable 7.000
    d. Rent Expense 4.000
    Cash 4.000

    e. Cash 18.500
    Revenue 18.500

    f. Salaries 9.000
    Cash 9.000

    g. Account Receivable 10.000


    Revenue 10.000

    h. Dividend 4.000
    Cash 4.000

    i. Cash 4.000
    Account Receivable 4.000
    4. The general journal book of Al Markkas shows the following entries for
    the month of November 20X6 transactions. You are required to post
    these entries to their respective accounts in the general ledger and
    prepare a trial balance as of November 30, 20X6

    General Ledger

    Cash Accounts Receivable

    Nov.1 75.000 5.000 Nov.7 Nov.14 3.000


    Nov.16 3.500 20.000 Nov.16 Nov.16 1.000
    3.000 Nov.8 Bal. 4000
    2.000 Nov.12
    200 Nov.20
    750 Nov.30
    1.500 Nov.30
    Bal. 46.050

    Material Supplies Office Equipment

    Nov.3 5.000 Nov.8 3.000


    Nov.10 7.000 Bal. 3.000
    Bal. 12.000

    Company Cars Accounts Payable

    Nov.5 20.000 7.000 Nov.10


    Bal. 20.000 Bal. 7.000
    Onwer’s Capital Dividends

    75.000 Nov.1 Nov.30 750


    Bal. 75.000 Bal. 750

    Revenue Rent Expense

    3.000 Nov.14 Nov.12 2.000


    3.500 Nov.16 Bal. 2000
    1.000 Nov.16
    Bal. 7.500

    Salaries Utility Expense

    Nov.30 1.500 Nov.20 200


    Bal. 1.500 Bal. 200

    Al Markaz
    Trial Balance
    November 30, 20X6
    Accounts Debit Credit
    Cash 46.050
    Account Receivable 4.000
    Material Supplies 12.000
    Office Equipment 3.000
    Company Car 20.000
    Account Payable 7.000
    Owner Capital 75.000
    Dividends 750
    Service Revenue 7.500
    Rent Expense 2.000
    Salaries 1.500
    Utility Expense 200
    Total 89.500 89.500

    5. During a routine check on the accounts of Dar Al Fatina, the following


    errors were identified. You are required to state which of these errors
    causes an unequal total in the trial balance and which of these errors
    causes the trial balance to be misstated but not unequal.

    Errors Error causes an unequal total Error causes the trial balance to
    in the trial balance be misstated but not unequal
    1 a. Accounts payable payments
    of AED900 were recorded as
    debit Accounts Payable AED90
    and credit Cash AED900.
    2 b. Office equipment purchases of
    AED650 for cash were recorded
    as debit Office Equipment AED65
    and credit Cash AED65.
    3 c. Payment of accounts
    receivable for AED1,500 were
    recorded as debit Cash
    AED1,500 and debit Accounts
    Payable AED1,500.

    4 d. Cash payment to accounts


    payable of AED750. The record
    was debit Accounts Payable
    AED750 and credit Accounts
    Receivable AED750.

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