Q 3. Syarikat findWHERE reported in its financial statement as at 31 December, 2020 the below asset depreciation values. Asset Cost (RM) Accumulated Depreciation (RM) Computers 18,000 6,000 Company Van Read More …
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P&L and Balance Sheet Q4
Q. The following trial balance was extracted from the books of Abacus Enterprise on 30 June, 2021. Abacus Enterprise Trial Balance as at 30 June, 2021 Debit (RM) Credit (RM) Read More …
2-column cash book Q5
Q. Enter the following transactions in a 2-column cash book: June RM 2021 1 Cash Balance 20,880 Bank Balance 32,100 8 Purchase Printer Cartridge 250 10 Purchase Hand Sanitizers Read More …
Entry to accounts Q6
Q. Prepare accounts for the below transactions. June 1 Start agency business with cash in bank RM15,000 2021 5 Bought computer and printer RM8,400 by cheque 8 Bought furniture Read More …
Purchase day book and return outward day book Q7
Q7. You are to enter the Purchase Day Book and the Return Outward Day Book from the following details, then to post items to the relevant accounts in the Purchases Read More …
Cash adjustment & Bank reconciliation Q8
Q. Wilson, the owner of Contract2U found discrepancies between his Cash Book and Bank Statement for the Month of July 2021. The following discrepancies were identified. Bank Statement RM2,215 (debit) Read More …
Inducement Q1
Q. Inducement is a common occurrence in tenancy. Below is a case for consideration. Nuru is considering renting a property from Mdm Teo for a three (3) year period. One Read More …
Discharged by frustration, damages, specific performance & injunction Q2
Q. In relation to the law of contract: (i) Explain the meaning of the terms ‘proposal’ and ‘acceptance’. (4 marks) (ii) Explain how a contract may be ‘discharged by frustration’ Read More …
Judicial precedent Q3
Types of nuisance under SDBA Q4
Nuisance orders under SDBA Q5
Q. Saifuddin received a notice requiring abatement of nuisance under Section 87, Street, Drainage and Building Act 1974 (Act 133), but intentionally did not comply with the notice. State the Read More …
Court’s interference on arbitration proceedings Q6
Contingent contract Q7
Q. Give your explanation on what is ‘contingent contract’ (4 marks) and comment how contingent contract works in the two scenarios below. (a) Ali promises to pay Babu a sum Read More …
Agency contract, duty of, apparent authority and indemnity Q8
Q. (a) State and explain three (3) ways by which an agency may arise. (3 marks) (b) Briefly explain five (5) of the duties of an agent towards his principal. Read More …
Perfect competition and its characteristics Q1
Economic measure by government to stimulate housing economy Q2
Q. (a) Name 5 challenges that the built environment faces in today’s uncertain economy. (10 marks) (b) In order for a developer to minimise the risk of overhang, what economic Read More …
Production possibility curve in housing development Q3
Q. (a) Explain the concept of production possibility curve and illustrate your answer with a diagram. (10 marks) (b) How do you apply the concept of (a) above in the Read More …
Kinked demand curve in housing development Q4
Q. (a) What is the ‘kinked’ demand curve in oligopoly? (10 marks) (b) How do you apply this concept of ‘kinked demand’ in housing development where you live? (20 Read More …
Inflation and its effect on housing developers Q5
Q. (a) Explain what inflation is and measures that could be taken to solve its problem. (10 marks) (b) Rising cost of construction has taken a toll on developers. Discuss Read More …
Market structure of monopoly and its equilibrium position Q6
Q. Monopoly is defined as being the sole seller of a product without any close substitute. Define market structure of a monopoly and illustrate the equilibrium position in a short-run Read More …