Tuesday, August 7, 2018

BALANCE SHEET



PERSONAL BALANCE SHEET
Puan Dania Insyirah is a Deputy Director in a government agency at Putrajaya. Below are the particulars related to her assets and liabilities for the current year. You are required to prepare her personal balance sheet based on the information given.
Particulars
Assets (RM)
Labilities(RM)
Bank accounts:
Saving account
Fixed deposit account
Cash in hand



25, 000

50, 250

2, 800



Total current asset
78,050

Properties:
House
Land
Jewellery
Car



450, 000
278, 000
350, 000

30, 000

150, 000
75, 000
Total non-current asset and non-current liabilities
575,000
353,000
Investment:
Amanah Saham Berhad (ASB)
Tabung haji account
PMB Investment



40, 000

62, 800

20, 000

Total investment
122,800

Bank loan:
Credit cards
Study loan
Personal loan
Hire purchase of furniture and electrical goods




15, 000

1, 250

42, 333

5, 678
Total Loan

64,261
Total
(A) 775,850
(B) 417,261




NET WORTH (A-B)

358,569

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CHAPTER 2: Power From Your Money