Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

14. Bad debt comprises of: Bad debt written-off 1,100 Provision for bad debt - general 1,375 - specific 1,100 15. EPF comprises of: Azlin 3,696

image text in transcribed

image text in transcribed

image text in transcribed

14. Bad debt comprises of: Bad debt written-off 1,100 Provision for bad debt - general 1,375 - specific 1,100 15. EPF comprises of: Azlin 3,696 Employees 10,120 16. Dividend This is a net dividend received from a company listed on the Second Board of Bursa Malaysia. Additional information: The following information has not been recorded: 1. Current year capital allowance amounted to RM2,112. 2. Unabsorbed losses amounted to RM30,800. 3. The amount of bad debt that was earlier written-off but recovered during the year is RM550. 4. Balancing charge amounted to RM2,002. REQUIRED: Determine the total income of Azlin for the year of assessment 2015. (All relevant expenses are supported by the original receipt. Every item mentioned in the notes to the accounts must be stated in your computation irrespective of whether an adjustment is required or not. Where no adjustment is required, indicate 'NIL' in the appropriate column) 14. Bad debt comprises of: Bad debt written-off 1,100 Provision for bad debt - general 1,375 - specific 1,100 15. EPF comprises of: Azlin 3,696 Employees 10,120 16. Dividend This is a net dividend received from a company listed on the Second Board of Bursa Malaysia. Additional information: The following information has not been recorded: 1. Current year capital allowance amounted to RM2,112. 2. Unabsorbed losses amounted to RM30,800. 3. The amount of bad debt that was earlier written-off but recovered during the year is RM550. 4. Balancing charge amounted to RM2,002. REQUIRED: Determine the total income of Azlin for the year of assessment 2015. (All relevant expenses are supported by the original receipt. Every item mentioned in the notes to the accounts must be stated in your computation irrespective of whether an adjustment is required or not. Where no adjustment is required, indicate 'NIL' in the appropriate column) 14. Bad debt comprises of: Bad debt written-off 1,100 Provision for bad debt - general 1,375 - specific 1,100 15. EPF comprises of: Azlin 3,696 Employees 10,120 16. Dividend This is a net dividend received from a company listed on the Second Board of Bursa Malaysia. Additional information: The following information has not been recorded: 1. Current year capital allowance amounted to RM2,112. 2. Unabsorbed losses amounted to RM30,800. 3. The amount of bad debt that was earlier written-off but recovered during the year is RM550. 4. Balancing charge amounted to RM2,002. REQUIRED: Determine the total income of Azlin for the year of assessment 2015. (All relevant expenses are supported by the original receipt. Every item mentioned in the notes to the accounts must be stated in your computation irrespective of whether an adjustment is required or not. Where no adjustment is required, indicate 'NIL' in the appropriate column) 14. Bad debt comprises of: Bad debt written-off 1,100 Provision for bad debt - general 1,375 - specific 1,100 15. EPF comprises of: Azlin 3,696 Employees 10,120 16. Dividend This is a net dividend received from a company listed on the Second Board of Bursa Malaysia. Additional information: The following information has not been recorded: 1. Current year capital allowance amounted to RM2,112. 2. Unabsorbed losses amounted to RM30,800. 3. The amount of bad debt that was earlier written-off but recovered during the year is RM550. 4. Balancing charge amounted to RM2,002. REQUIRED: Determine the total income of Azlin for the year of assessment 2015. (All relevant expenses are supported by the original receipt. Every item mentioned in the notes to the accounts must be stated in your computation irrespective of whether an adjustment is required or not. Where no adjustment is required, indicate 'NIL' in the appropriate column) 14. Bad debt comprises of: Bad debt written-off 1,100 Provision for bad debt - general 1,375 - specific 1,100 15. EPF comprises of: Azlin 3,696 Employees 10,120 16. Dividend This is a net dividend received from a company listed on the Second Board of Bursa Malaysia. Additional information: The following information has not been recorded: 1. Current year capital allowance amounted to RM2,112. 2. Unabsorbed losses amounted to RM30,800. 3. The amount of bad debt that was earlier written-off but recovered during the year is RM550. 4. Balancing charge amounted to RM2,002. REQUIRED: Determine the total income of Azlin for the year of assessment 2015. (All relevant expenses are supported by the original receipt. Every item mentioned in the notes to the accounts must be stated in your computation irrespective of whether an adjustment is required or not. Where no adjustment is required, indicate 'NIL' in the appropriate column) 14. Bad debt comprises of: Bad debt written-off 1,100 Provision for bad debt - general 1,375 - specific 1,100 15. EPF comprises of: Azlin 3,696 Employees 10,120 16. Dividend This is a net dividend received from a company listed on the Second Board of Bursa Malaysia. Additional information: The following information has not been recorded: 1. Current year capital allowance amounted to RM2,112. 2. Unabsorbed losses amounted to RM30,800. 3. The amount of bad debt that was earlier written-off but recovered during the year is RM550. 4. Balancing charge amounted to RM2,002. REQUIRED: Determine the total income of Azlin for the year of assessment 2015. (All relevant expenses are supported by the original receipt. Every item mentioned in the notes to the accounts must be stated in your computation irrespective of whether an adjustment is required or not. Where no adjustment is required, indicate 'NIL' in the appropriate column)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Learning From Collaborative Audit

Authors: Higher Education Quality Council

1st Edition

1858242312, 978-1858242316

More Books

Students also viewed these Accounting questions

Question

b. Explain how you initially felt about the communication.

Answered: 1 week ago

Question

3. Identify the methods used within each of the three approaches.

Answered: 1 week ago

Question

a. When did your ancestors come to the United States?

Answered: 1 week ago