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1. Closing inventory is PM 15.000 2. Bad debt is RM50. Alowance for doubtful debts is 2% on accounts receivable. 3. Accrued assessment rate is

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1. Closing inventory is PM 15.000 2. Bad debt is RM50. Alowance for doubtful debts is 2% on accounts receivable. 3. Accrued assessment rate is RM600. 4. Rental received each month is RM300 per month CONEIDENTMLL Apr 20221BRA11141SedA QUESTION 4 1. Closing inventory is RM15,000 2. Bad debt is RM50. Allowance for doubtful debts is 2% on accounts receivabie. 3. Acorued assessment rate is RM600. 4. Rental received each month is RM300 per month Prepare: a) Statement of Comprehensive income for the year ending 31 December 2012 b) Statement of Financal fosition as at 31 Deceriber 2012 (40) marks }

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