Write down the detail answer UBS process.

ASSIGNMENT 2 1). Adam started a grocery store, Super Grocery Enterprise, on 1st of January 2010 with capital RM100,000.00 in the bank. 2). Create the following Chart of Account. AIC Number Description A/C Type 1000/000 Capital A 3000/000 Debtors Control (Trade Debtor) F 3010/000 Bank F 3040/000 Cash In Hand 4000/000 Creditors Control (Trade Creditor) G 5000/000 Sales H 6010/000 Purchases J 9010/000 Discount Allowed 9020/000 Salaries 9030/000 Rental 9040/000 Travelling 9050/000 Water & Electricity 33333 IOTTI 3). Add the following Debtors. AIC No. Name 3000/S01 Santronic Computer 3000/U01 UBS Software 3000/UO2 United Company Address Telephone 111, Jalan SS/2, PJ 03-7890 0000 5A, Jalan Suria, KL 03-2033 3333 345, Jalan Sentosa, 03-9281 1111 KL 4). Add the following Creditors. AIC No. Name Address Telephone 4000/C01 Clipper Corporation 312, Jalan Putih, KL 03-4294 4444 4000/P01 Pan Island Company 135, Jalan Masjid, 03-9222 2222 KL 5). Organise the Batches as follow: Period 1 1 No. Type 1 Credit 2 Credit 3 Bank 4 Cash 5 Batches Titles Purchases Journal-Jan'10 Sales Journal-Jan'10 Cash Book (Bank)-Jan'10 Cash Book (Cash)-Jan'10 General Journal-Jan'10 Returns Outwards Journal-Jan 10 Returns Inwards Journal-Jan'10 1 1 1 6 6 7 6 1 7 1 6). Add the following Credit Purchases to Batch 1. 01/01/2010 Purchased from Clipper Corp. (Inv1179) RM18,000.00 02/01/2010 Purchased from Pan Island Co. (Inv4171)RM 7,000.00 RM25,000.00 7). Add the following Credit Sales to Batch 2. 03/01/2010 Sales to Santronic Computer (Inv 001) RM15,000.00 04/01/2010 Sales to United Company (Inv 002) RM 4,000.00 05/01/2010 Sales to UBS Software (Inv 003) RM17,500.00 RM 36,500.00 8). Add the following Bank transactions to Batch 3. 31/01/2010 Received payment from Santronic (OR 001) 31/01/2010 Rental (BPV 001) 31/01/2010 Salaries (BPV 002) 31/01/2010 Travelling (BPV 003) 31/01/2010 Water & Electricity (BPV 004) RM15,000.00 RM 600.00 RM 1,700.00 RM 1,500.00 RM 250.00 RM 19,050.00 9). Add the following Cash transactions to Batch 4. 31/01/2010 Cash Sales (CS 001) RM 50.00 10). Add the following Credit Note to Batch 5. 31/01/2010 Being discount for Inv 003 (CN 001) RM 200.00 11). View the following Reports. i) Bank Balance as at 31/01/2010 ii) Trial Balance as at 31/01/2010 ii) Trading, Profit & Loss Account for the month ended 31/01/2010 12). Change the Sales amount to Santronic from RM15,000.00 to RM15,000.50. i) View Trading, Profit & Loss Account again. 13). Change Account Type Description from "Sales' to 'Income'. 1) View Trading, Profit & Loss Account again. 14). Set Auto Prompt for Backup before exit. Set the backup directory as: Backup Drive: \backup ASSIGNMENT 2 1). Adam started a grocery store, Super Grocery Enterprise, on 1st of January 2010 with capital RM100,000.00 in the bank. 2). Create the following Chart of Account. AIC Number Description A/C Type 1000/000 Capital A 3000/000 Debtors Control (Trade Debtor) F 3010/000 Bank F 3040/000 Cash In Hand 4000/000 Creditors Control (Trade Creditor) G 5000/000 Sales H 6010/000 Purchases J 9010/000 Discount Allowed 9020/000 Salaries 9030/000 Rental 9040/000 Travelling 9050/000 Water & Electricity 33333 IOTTI 3). Add the following Debtors. AIC No. Name 3000/S01 Santronic Computer 3000/U01 UBS Software 3000/UO2 United Company Address Telephone 111, Jalan SS/2, PJ 03-7890 0000 5A, Jalan Suria, KL 03-2033 3333 345, Jalan Sentosa, 03-9281 1111 KL 4). Add the following Creditors. AIC No. Name Address Telephone 4000/C01 Clipper Corporation 312, Jalan Putih, KL 03-4294 4444 4000/P01 Pan Island Company 135, Jalan Masjid, 03-9222 2222 KL 5). Organise the Batches as follow: Period 1 1 No. Type 1 Credit 2 Credit 3 Bank 4 Cash 5 Batches Titles Purchases Journal-Jan'10 Sales Journal-Jan'10 Cash Book (Bank)-Jan'10 Cash Book (Cash)-Jan'10 General Journal-Jan'10 Returns Outwards Journal-Jan 10 Returns Inwards Journal-Jan'10 1 1 1 6 6 7 6 1 7 1 6). Add the following Credit Purchases to Batch 1. 01/01/2010 Purchased from Clipper Corp. (Inv1179) RM18,000.00 02/01/2010 Purchased from Pan Island Co. (Inv4171)RM 7,000.00 RM25,000.00 7). Add the following Credit Sales to Batch 2. 03/01/2010 Sales to Santronic Computer (Inv 001) RM15,000.00 04/01/2010 Sales to United Company (Inv 002) RM 4,000.00 05/01/2010 Sales to UBS Software (Inv 003) RM17,500.00 RM 36,500.00 8). Add the following Bank transactions to Batch 3. 31/01/2010 Received payment from Santronic (OR 001) 31/01/2010 Rental (BPV 001) 31/01/2010 Salaries (BPV 002) 31/01/2010 Travelling (BPV 003) 31/01/2010 Water & Electricity (BPV 004) RM15,000.00 RM 600.00 RM 1,700.00 RM 1,500.00 RM 250.00 RM 19,050.00 9). Add the following Cash transactions to Batch 4. 31/01/2010 Cash Sales (CS 001) RM 50.00 10). Add the following Credit Note to Batch 5. 31/01/2010 Being discount for Inv 003 (CN 001) RM 200.00 11). View the following Reports. i) Bank Balance as at 31/01/2010 ii) Trial Balance as at 31/01/2010 ii) Trading, Profit & Loss Account for the month ended 31/01/2010 12). Change the Sales amount to Santronic from RM15,000.00 to RM15,000.50. i) View Trading, Profit & Loss Account again. 13). Change Account Type Description from "Sales' to 'Income'. 1) View Trading, Profit & Loss Account again. 14). Set Auto Prompt for Backup before exit. Set the backup directory as: Backup Drive: \backup