SPM Accounting (3756) case studies
SPM Accounting (3756) · Put your knowledge to work in context.
SPM Accounting (code 3756), widely known in schools as Prinsip Perakaunan, is a Malaysian upper-secondary subject examined at the Sijil Pelajaran Malaysia level. It suits candidates who want a practical grounding in bookkeeping and financial reporting, whether they plan to continue into accountancy, business or commerce studies, or simply want a numerate, rules-based subject alongside their other SPM electives. The SPM Accounting (3756) case studies are 5 cases and about 4,313 words.
1Sin Huat: Two Bank Balances and a 'Free Money' Cheque
Perniagaan Sin Huat, a wholesale stationer in Ipoh, closed its books on 30 September 20X5. Its cash book showed a debit balance on the bank column of RM8,462, but the bank statement for the same date showed a favourable balance of RM6,437.
863 words, about 4 min2Rahman's Workshop: Turning a Draft Profit into a Defensible One
Encik Rahman runs a motor repair workshop as a sole proprietor and has drafted his statement of profit or loss for the year ended 31 December 20X5. It shows a net profit of RM48,600 before any of the following matters are dealt with.
790 words, about 4 min3Kedai Buku Suria: Suspense, Mispostings and an Owner in a Hurry
The trial balance of Kedai Buku Suria at 30 June 20X6 showed debit totals of RM186,420 and credit totals of RM185,670; the RM750 difference was posted to a suspense account. The draft profit for the year is RM32,400.
837 words, about 4 min4Admitting Cheong: Revaluation and Goodwill in a Printing Partnership
Amir and Bala have run a printing partnership since 20X1, sharing profits 3:2. At 30 June 20X6 their capital accounts stood at RM90,000 and RM60,000, and their current accounts at RM12,000 credit and RM4,000 debit respectively.
857 words, about 4 min5Syarikat Vista Berhad: Profit Fell While Revenue Grew
Syarikat Vista Berhad supplies laboratory equipment and has 500,000 ordinary shares of RM1 in issue. The board is negotiating a new term loan, and the managing director has circulated the summary below, describing 20X5 as 'a year of strong growth'.
966 words, about 5 min