he runs a coffee shop which ness on 4 March 2019 the sam
Chapter18: Accounting Periods And Methods
Section: Chapter Questions
Problem 41P
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Question
solve the problem C with complete explanation asap
Transcribed Image Text:А.
Amirah works as Accounts Executive in Blulnc Sdn Bhd and receives annual salary
of RM72,000. In the evening, she runs a coffee shop which is located opposite her
office. She commenced the business on 4 March 2019 the same day she celebrates her
25th birthday.
REQUIRED:
Determine the basis period for Amirah for the year of assessment 2019 for her:
(i)
(ii)
employment income
business income
Harum Mekar Sdn Bhd commenced its operation on 1 October 2017. The company
supplies floral table arrangement to hotels and hospitals. The first set of accounts was
closed on 31 March 2018.
В.
REQUIRED:
Determine the basis period for Harum Mekar Sdn Bhd for the relevant years of
assessment until 2019.
C.
Kandamana Sdn Bhd sells decorative items since it commenced business in year
2006. The accounting date of the company is 30 September each year. After the
financial year ends on 30 September 2019, the company plans to change its
accounting date to other dates. The proposed accounting dates are as follows:
(i) 31 December 2019
(ii) 31 December 2020
REQUIRED:
Determine the basis period for Kandamana Sdn Bhd for each proposed date for the
years of assessment 2019 until 2020.
D.
Qash Sdn Bhd has been in designing and printing business since 2010. The company
closes its accounts on 31 December annually. The company was doing very well until
one of the designers resigned in 2017. In 2018, the company ventured into new
business selling stationaries and computer accessories. The new business started its
operation on 12 October 2018.
REQUIRED:
Determine the basis period for Qash Sdn Bhd for the old and new business for the
year of assessment 2018 until 2019.
Kekedot House Sdn Bhd has been in bakery business for ten years. The company
involves in supplying cakes, brownies, puddings to hotels and caterers around Alor
Setar, Kedah. Its financial year end is on 30 June. In 2016, after closing its accounts
on 30 June 2016, the top management of the company decided to change its
E.
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