We known as YBOB 3X ENTERPRISE
Paintball is the one of the Extreme Game that can make student forget about their problems. We are one of the pioneers in Malaysia
Paintball is a competitive game played like other game, which is to win. It is just more challenging, high-stakes version of tag, hide-and-seek, or captures the flag. Paintball is one of the safest action sports in the world today. Anyone can play a sport from the children until adults. It teaches safety, teamwork, problem solving and decision-making. We provide all players with proper training and the latest safety equipment before being allowed onto the field.
Cinema is one of the entertainments that we will provide to student. If we look at the world grooming now, students like to watch movie with friends at the free time. Therefore, we take this advantage to provide the cinema to the student to release their tension from the fixed time of study. We provide the varieties movie that allowed student to choose their favourite movies to watch. Students do not have free time to watch movie when the movie first came out. Therefore, we provide the variety of movie, the latest or previous, old or new, for them and they do not feel regret because they still can watch the movie that they like.
We have three halls for cinemas and 100 seats per hall. These place enough for student to watch movie with friends for anytime. The price of ticket is suitable for student and we provide high quality of cinema although we only use the LCD and white screen. However, the movie is shown by using the original Compact Disk (CD) and Digital Video Disk (DVD). We will make sure that student can feel the real situation like in the original cinema movie Tanjung Golden V and Golden Screen Cinema (GSC). Beside that, when student go to watch cinema, they will enjoy with friends and forget their problems. They were laugh when watching funny cinema and feel happy with friends. They are also can built good relationship between each other. We provide this service to fill in time for the student to take rest. Therefore, we hope this entertainment will satisfy student’s needs and wants.
YBOB 3X Enterprise
Bowling is a sport in which players attempt to score points by rolling a bowling ball along a flat surface called the lane into objects called pins.
Mini bowling centre consist of six lanes and be furnished with fine state of the art AMF machines, which are reputed to be the best in quality. These AMF machines are used to set the bowling pins, the ball return units and scoring systems. Our bowling centre also is equipped with monitor that shows scores at each lane. We provide this Mini Bowling for students to play game with friends during the free time.
ACCOUNTING APPLICATION OF THE BUSINESS
YBOB 3X Enterprise is a business that service in nature. It provides 3 types of services that are paintball, cinema, and bowling. In order to enhance the credibility in preparing the financial statement of the enterprise, the management team had decided to adopt an accounting principle that will apply throughout the business operation. We choose to adopt double entry system as our accounting principle.
Any accounting entry in double entry accounting system has two effects, one of increasing one account and decreasing another account by equal amount. As any financial transaction has two different effects on two different accounts, it is known as "double entry" book keeping system. The double entry bookkeeping system ensures that the financial transaction has equal and opposite effects in two different accounts.
The accounting entries use terms such as debit and credit to avoid confusion regarding the opposite effect of the accounting entry e.g. If a accounting entry debits a particular account, the opposite account will be credited and vice versa. Furthermore, it helps to detect fraud and inconsistencies. In addition, If the accounting entries are recorded without any errors, at any point of time the aggregate balance of all accounts having positive balances will be equal to the aggregate balance of all accounts having negative balances.
As there are two entries for each transaction, the expression Double-Entry is used. As the total of the debit entries equals the total of the credit entries, when the nominal ledger accounts are listed in columns, the left column for accounts with net Debit balances and the right column for accounts with net Credit balances, then the total of all the Debit balances will equal the total of all the Credit balances. If this does not happen then an error has been made somewhere, for instance one of the transactions may not have been recorded twice, i.e. once as a debit and once as a credit as required in the double-entry bookkeeping system.
Double entry is only used within the nominal ledgers. It is not used in the daybooks, which normally do not form part of the nominal ledger system. The information from the daybooks themselves will be taken and used within the nominal ledger and it is the nominal ledgers that will ensure the integrity of the resulting financial information created from the daybooks (provided that the information recorded in the daybooks is correct).
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