2. Syarikat Sentosa Comparative Balance Sheet as at 31 December ASSETS Non-Current Assets Land Equipment (-) Accumulated depreciation Building (-) Accumulated depreciation Total non-current assets Current Assets Cash Accounts receivable 20X9 20X8 (RM) (RM) 130,000 165,000 200,000 175,000 (60,000) 140,000 (42,000) 133,000 250,000 250,000 (75,000) 175,000 (50,000) 200,000 445,000 498,000 37,000 49,500 80,000 65,000 121,000 130,000 12,110 14,550 250,110 259,050 695,110 757,050 Inventory Prepaid insurance Total current assets TOTAL ASSETS EQUITY AND LIABILITIES Equity Ordinary shares 280,000 250,000 Retained earnings 138,110 191,050 Total Equity 418,110 441,050 LIABILITIES Non-current Liabilities Bonds payable 235,000 265,000 Total non-current liabilities 235,000 265,000 Current Liabilities Accounts payable 42,000 51,000 Total current liabilities 42,000 51,000 TOTAL LIABILITIES 277,000 316,000 TOTAL EQUITY AND LIABILITIES 695,110 757,050 Additional information: 1. Operating expenses include depreciation expense of RM50,000 and charges from prepaid expenses of RM4,200. 2. Land was sold for cash at cost. 3. Profit for the period 20X9 was RM35,300.