SPM Accounting (3756) study guide
SPM Accounting (3756) · Work through your exam, one topic at a time.
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) study guide has 11 sections and about 3,361 words.
01Introduction to Accounting and the Accounting Equation
This domain tests why accounting information is prepared and how the accounting equation absorbs everyday transactions. SPM items often require the effect on assets, liabilities and capital, not only a revised total.
303 words, about 2 min02Accounting Concepts, Principles and Assumptions
This domain tests the conventions that make financial statements comparable and reliable. Questions usually describe a situation and ask which concept applies, or require an adjustment consistent with accrual accounting and prudence.
338 words, about 2 min03Source Documents, Books of Original Entry and Journals
This domain tests whether you can trace a transaction from its source document into the correct book of original entry and then to the ledger. SPM questions often ask which document or journal is used for a credit sale, a return, or a cash payment.
351 words, about 2 min04Ledger Accounts, Double Entry and Trial Balance
This domain tests the debit and credit rules, the ability to balance ledger accounts, and the purpose and limitations of a trial balance. Expect questions that require ledger postings or identify why a trial balance still balances despite errors.
302 words, about 2 min05Bank Reconciliation and the Cash Book
This domain tests the cash book's bank column and the reconciliation of the cash book balance to the bank statement. SPM questions commonly require an adjusted cash book and a bank reconciliation statement, including overdrafts.
309 words, about 2 min06Correction of Errors and Suspense Accounts
This domain tests the classification of errors, journal corrections, and the use of a suspense account when a trial balance fails to agree. Questions often require both the correcting entry and its effect on profit.
325 words, about 2 min07Adjustments, Accruals, Prepayments and Bad Debts
This domain tests year-end adjustments needed to apply accrual accounting and to report receivables at a prudent amount. SPM questions often combine an accrued expense, a prepayment, a bad debt write-off and an allowance for doubtful debts.
294 words, about 1 min08Depreciation of Non-Current Assets
This domain tests depreciation methods, ledger treatment, and disposals. SPM questions often require the annual charge, accumulated depreciation, carrying amount, and gain or loss on disposal.
280 words, about 1 min09Financial Statements of Sole Proprietors
This domain tests the income statement and statement of financial position of a sole trader, including capital account movements and classification of assets and liabilities. Questions often supply a trial balance and require adjustments.
281 words, about 1 min10Partnership Accounts
This domain tests the partnership appropriation account, capital and current accounts, and profit-sharing arrangements. SPM questions often require allocating profit after salaries, interest on capital and interest on drawings.
293 words, about 1 min11Company Accounts and Financial Statement Analysis
This domain tests limited-company accounts and the calculation and interpretation of accounting ratios. Questions often require share capital, reserves, dividends, debentures, and ratios such as gross profit margin and current ratio.
285 words, about 1 min