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Level: HOTS (KBAT)

HOTS (KBAT) Worked Examples: Books of Prime Entry

Six graded, higher-order-thinking (HOTS) worked examples for Chapter 4 (Books of Prime Entry), covering error correction, opening entries, drawings and additional capital, the three-column Cash Book, the imprest Petty Cash Book, and analysing the effect of errors on the Trial Balance.

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Example 1: Correcting an Error of Principle in the General Journal

Question

Solution plan

This is an error of principle: a non-current asset was misclassified as purchases. The creditor account is correct and is left untouched. The error is the debit to Purchases, which should have been a debit to Photocopier. Correction: Debit Photocopier RM4,500 (record as an asset), Credit Purchases RM4,500 (remove from purchases). The Trial Balance still balanced because the debit amount was correct; only the account was wrong.

General Journal, Correcting Entry (31 May 2025)
DateParticularsFolioDebit (RM)Credit (RM)
2025 May 31Photocopier4,500
Purchases4,500
(Correcting a photocopier bought on credit but wrongly recorded as purchases)
Total4,5004,500

Answer

Correcting entry: Debit Photocopier RM4,500; Credit Purchases RM4,500. The creditor account of Perabot Maju is unchanged. Effect: purchases are reduced by RM4,500 and non-current assets increase by RM4,500; before the correction, gross profit and assets were understated.

Where marks are usually lost

Example 2: Opening Entry with Capital as the Balancing Figure

Question

Solution plan

Use the accounting equation: Capital = Assets - Liabilities. Total assets = 80,000+12,000+8,000+3,000+15,000+500 = RM118,500. Total liabilities = 6,000+20,000 = RM26,000. Capital = 118,500 - 26,000 = RM92,500. In the General Journal, debit all assets and credit all liabilities and capital. Total debit must equal total credit.

General Journal, Opening Entry (1 January 2025)
DateParticularsFolioDebit (RM)Credit (RM)
2025 Jan 1Premises80,000
Fittings12,000
Inventory8,000
Debtor: Zaki3,000
Bank15,000
Cash500
Creditor: Syarikat Bina6,000
Bank loan20,000
Capital92,500
(Recording assets, liabilities and capital at the start of the period)
Total118,500118,500

Answer

Opening capital = RM118,500 - RM26,000 = RM92,500. The opening entry balances: total debit RM118,500 = total credit RM118,500.

Where marks are usually lost

Example 3: Drawings of Goods and Assets, and Non-Cash Additional Capital

Question

Solution plan

(a) Drawings of goods: Debit Drawings RM800, Credit Purchases RM800 (goods out at cost). (b) Drawings of a non-current asset: Debit Drawings RM1,500, Credit Computer RM1,500 (asset removed at book value). (c) Additional non-cash capital: Debit Motor Vehicle RM35,000 (asset in), Credit Capital RM35,000. Each entry must balance.

General Journal, March 2025
DateParticularsFolioDebit (RM)Credit (RM)
Mar 5Drawings800
Purchases800
(Drawings of goods for personal use)
Mar 15Drawings1,500
Computer1,500
(Drawings of a non-current asset at book value)
Mar 25Motor Vehicle35,000
Capital35,000
(Additional capital in the form of a private car)
Total37,30037,300

Answer

Total Drawings recorded = RM800 + RM1,500 = RM2,300 (reducing capital). Additional capital of RM35,000 increases capital and motor vehicle. The journal balances: debit RM37,300 = credit RM37,300.

Where marks are usually lost

Example 4: Three-Column Cash Book: Contra, Discounts & Balances

Question

Solution plan

Receipts on the debit side, payments on the credit side. 20 May is a contra entry (money withdrawn from the bank into cash): mark it 'C', debit Cash and credit Bank RM1,000. Cash column: debit 1,200+1,000=2,200; credit 800+600=1,400; balance c/d cash = RM800. Bank column: debit 8,500+2,000+3,000=13,500; credit 1,470+1,000+1,200=3,670; balance c/d bank = RM9,830. The discount columns are only totalled (memorandum) and need not balance against each other.

Cash Book, Debit Side (Receipts)
DateParticularsFoDiscount AllowedCash (RM)Bank (RM)
May 1Balance b/d1,2008,500
May 3Ravi1002,000
May 12Sales3,000
May 20Bank (C)1,000
Total1002,20013,500
Jun 1Balance b/d8009,830
Cash Book, Credit Side (Payments)
DateParticularsFoDiscount ReceivedCash (RM)Bank (RM)
May 8Lim301,470
May 15Wages800
May 20Cash (C)1,000
May 25Rent1,200
May 28Purchases600
May 31Balance c/d8009,830
Total302,20013,500

Answer

Cash balance c/d = RM800 (debit balance, cash in hand). Bank balance c/d = RM9,830 (debit balance, money at bank). Total discount allowed RM100 (posted to Debit of the Discount Allowed account); total discount received RM30 (posted to Credit of the Discount Received account).

Where marks are usually lost

Example 5: Petty Cash Book: Imprest System, Analysis & Reimbursement

Question

Solution plan

Imprest system: the reimbursement equals the total spent so the float is restored to RM500. Totals of each analysis column: Postage & Stamps = 45+35 = RM80; Transport = 80+90 = RM170; Stationery = RM60; Sundry = 50+70 = RM120. Total payments = 80+170+60+120 = RM430. Balance c/d = 500-430 = RM70. Reimbursement on 1 July = RM430 (restoring the float to 70+430 = RM500).

Petty Cash Book, June 2025
Received (RM)DateParticularsTotal Payment (RM)Postage & StampsTransportStationerySundry
500Jun 1Balance b/d (float)
Jun 2Postage4545
Jun 5Transport8080
Jun 9Stationery6060
Jun 14Cleaning wages5050
Jun 18Postage stamps3535
Jun 22Customer refreshments7070
Jun 25Transport9090
Total expenditure4308017060120
Jun 30Balance c/d70
500500
70Jul 1Balance b/d
430Jul 1Reimbursement (cash received)

Answer

Total petty expenditure = RM430. Balance c/d on 30 Jun = RM70. Reimbursement on 1 July = RM430, restoring the float to RM500 (70 + 430). Column totals: Postage & Stamps RM80, Transport RM170, Stationery RM60, Sundry RM120 (RM80+170+60+120 = RM430).

Where marks are usually lost

Example 6: Correcting Two Errors & the Effect on the Trial Balance

Question

Solution plan

Error A is an error of omission (not recorded at all). Correct it by recording the full sale: Debit Debtor (Zaidi) RM950, Credit Sales RM950. Error B is an error of principle (a revenue expense misclassified as an asset). Correct it: Debit Repairs Expense RM320, Credit Motor Vehicle RM320. Neither type of error affects the balancing of the Trial Balance because each still has an equal debit and credit, so the original Trial Balance still balanced.

General Journal, Correcting Entries (30 June 2025)
DateParticularsFolioDebit (RM)Credit (RM)
Jun 30Debtor: Zaidi950
Sales950
(Recording an omitted credit sale, error of omission)
Jun 30Repairs Expense320
Motor Vehicle320
(Correcting repairs expense wrongly debited to Motor Vehicle, error of principle)
Total1,2701,270

Answer

Error A = error of omission; corrected by Debit Debtor Zaidi RM950, Credit Sales RM950. Error B = error of principle; corrected by Debit Repairs Expense RM320, Credit Motor Vehicle RM320. Neither error affects the balancing of the Trial Balance, so the original Trial Balance still balanced. The correcting journal balances: debit RM1,270 = credit RM1,270.

Where marks are usually lost

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