1. Prepare jurnal entries

2. Prepare trial balance

Suci Murni Berhad is a leading company in Malaysia selling HALAL skincare products exclusively to meet the needs of modern Muslim women. As of 31 December 2019, the account balances of Suci Murni Berhad are as shown below: Suci Murni Berhad Statement of Financial Position As at 31 December 2019 RM RM RM Land 800,000 Share Capital - Ordinary 1,600,000 Machinery 500,000 Retained Earnings 700.000 Less: Accumulated depreciation 100,000 400,000 Trade Payables 761,880 Trade Receivables 916,640 Salaries Payable 75.000 Less: Allowance for doubtful 45.832 870.808 Uncamned Rent 10,000 debts Prepaid Insurance 260.000 Inventory 560,720 Cash 255,352 Total 3.146.880 Total 3.146.880 Suci Murni Berhad uses the periodic inventory system. Summary of selected transactions for the year 2020 are as follows: Property. Plant and Equipment (PPE) 1. Suci Murni Berhad uses the straight line method for depreciation. The estimated annual depreciation expense for machinery is 20 percent per annum Receivables 2. Sales on account of RM1,1961,000, 3. Sales returns and allowances of RM250,000 from sales on account. 4. Collections of trade receivables of RM 1,640,000 5. The estimated bad debts expense is 5% of trade receivables. Payables 6. Purchased merchandise on account, RMI,120,000 7 Paid of RM876,240 on trade payables. & Shareholders approved the proposed a final dividend which is 25% of share capital at the annual general meeting held on 30 November 2020 Inventories 9. A physical count of inventory on 31 December 2020 revealed that the company had inventory on hand amounted to RM761,580. Others 10. Cash sales of RM800,500. 11. Cash purchases of RM725,000 12. Half of the prepaid insurance has been expired in the current year 13. Paid salaries of RM45.000 14. Provided three-quarter (3/4) rent services for customers who had made payments in advance