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Thomas Sim E3009 wrote a new post, What constitute Nuisance by local council under SDBA74? 5 years, 3 months ago
Local council or municipal council (Majlis Bandaraya & Perbandaran) would take action against certain nuisance in accordance with the law – Street, Drainage and Building Act 1974 (SDBA74). This is commonly heard […]
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Thomas Sim E3009 wrote a new post, Navigation of New Features 5 years, 4 months ago
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Thomas Sim E3009 wrote a new post, Characteristics of Non-Current Assets & Accounting Concepts Q1 5 years, 4 months ago
a) State five (5) characteristics of non-current assets. (10 marks)b) Elaborate the accounting concepts related to the following situationsi. Personal medical insurance paid by Ms. Nicole is not recorded in the […]
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Thomas Sim E3009 wrote a new post, Equity, Differences Sole Proprietorship vs Partnership Q2 5 years, 4 months ago
a) Explain the meaning of “equity” in the context of a company. (5 marks)b) Discuss five (5) differences of a sole proprietorship and a partnership. (15 marks)(20 marks, 2019 Q2)A.Ref:
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Thomas Sim E3009 wrote a new post, Depreciation machinery accounts Q3 5 years, 4 months ago
On 1 April 2016, Syarikat Juice Buzz bought a RM24,000 machine. On 1 January 2017, the company bought another RM28,000 machine.The machine depreciation rate for machine is 20% on cost (the depreciation is […]
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Thomas Sim E3009 wrote a new post, Profit & Loss Account and Balance Sheet Q4 5 years, 4 months ago
(20 marks, 2019 Q4)
A.
Ref:
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Thomas Sim E3009 wrote a new post, 3 column cash book Q5 5 years, 4 months ago
(20 marks, 2019 Q5)
A.
Ref:
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Thomas Sim E3009 wrote a new post, Sales & purchase, return inwards outwards General Ledger Q6 5 years, 4 months ago
(20 marks, 2019 Q6)
A.
Ref:
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Thomas Sim E3009 wrote a new post, Bank Reconciliation Statement Q7 5 years, 4 months ago
Cash Account of Puan Rosma, who is the owner of Perniagaan Blackpurple shows a debit balance of RM13,800 on 30 October 2018. Bank statements on the same date show different balances. The differences are as […]
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Thomas Sim E3009 wrote a new post, Calculate Sales, Cost of Sales, % net profit on Sales & Inventory turnover rate Q8 5 years, 4 months ago
i) Sales
ii) Cost of Sales
iii) Percentage of net profit on Sales
iv) Inventory turnover rate(20 marks, 2019 Q8)
A.
Ref:
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Thomas Sim E3009 posted an update 5 years, 4 months ago
@irenechung
How are you? Preparing for Part 2? -
Thomas Sim E3009's profile was updated 5 years, 4 months ago
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Thomas Sim E3009 changed their profile picture 5 years, 4 months ago
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Thomas Sim E3009 wrote a new post, Monetary vs Fiscal Policy controlling inflation, Macro v Micro economics Q1 5 years, 4 months ago
Q.
a) Describe the two (2) following methods to control inflation:i. Monetary Policy. (5 marks)
ii. Fiscal Policy. (5 marks)b) Explain the difference between macroeconomics and microeconomics. (10 marks)
(20 […]
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Thomas Sim E3009 wrote a new post, GOV Intervention in stabilizing economy, Domestic vs International Trade Q2 5 years, 4 months ago
Q.
a) Explain the mechanism of government intervention in stabilizing the economy. (10 marks)b) Describe the difference between Domestic Trade and International Trade. (10 marks)
(20 marks, 2019 […]
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Thomas Sim E3009 wrote a new post, Demand-pull v Cost-push Inflation and Monopoly & Oligopoly Q3 5 years, 4 months ago
Q.
a) Explain the following causes of inflation.i. Demand-pull inflation. (5 marks)
ii. Cost-push inflation. (5 marks)b) Explain the following terms in the context of market structure.
i. Monopoly. (5 […]
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Thomas Sim E3009 wrote a new post, Deflation v Inflation and Gov Intervention lowering price of goods Q4 5 years, 4 months ago
Q.
a) Explain the difference between deflation and inflation. (10 marks)b) “Government intervention in the economy can lower the price of goods”. Explain. (10 marks)
(20 marks, 2019 Q4)
A.
a) Differences […]
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Thomas Sim E3009 wrote a new post, Free economic system v central planned economic system Q5 5 years, 4 months ago
Q.
Describe four (4) characteristics that differentiate free economic system and central planned economic system.(20 marks, 2019 Q5)
A.
Similar question was asked in:
2013 Q1b
2015 Q1b
2018 Q1Ref:
Earlier posts. -
Thomas Sim E3009 wrote a new post, Firm v Industry and Equilibrium position short-run v long-run Q6 5 years, 4 months ago
Q.
a) Explain the difference between firm and industry. (10 marks)b) Show the equilibrium position of a firm and industry under perfect competition in short-run and long-run. (10 marks)
(20 marks, 2019 […]
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Thomas Sim E3009 wrote a new post, Types & Function of Money and Current vs Saving Deposits Q7 5 years, 4 months ago
Q.
a) Describe the different types of money and its functions. (10 marks)b) Explain the difference between Current Deposits and Saving Deposits. (10 marks)
(20 marks, 2019 Q7)
A.
a) Types and functions of […]
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