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3 ACC406 FINAL ASSESM X E ACC406 FINAL ASSESSH X PARTNERSHIP PARI LAX AmArQH4Tw]Orfs8ef717y6QlkJWErg_pl-9DV2TQ6uNww/formResponse Based on Table 4 and the additional information, show the calculation

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3 ACC406 FINAL ASSESM X E ACC406 FINAL ASSESSH X PARTNERSHIP PARI LAX AmArQH4Tw]Orfs8ef717y6QlkJWErg_pl-9DV2TQ6uNww/formResponse Based on Table 4 and the additional information, show the calculation to determine the equity and non-current liabilities as at 31 December 2019. (4 marks) 4 points Table 4 RM 20,000 80,000 3,000 8.800 Fixtures and Fittings at cost Motor vehicles al cost Depreciation - Fixtures and Fittings -Motor Vehicles Accumulated depreciation as at 31 December 2019, Fixtures and Fittings Motor vehicles Rental received Salaries and wages expenses Allowance for doubtful Debts as at 1 January 2019 Account receivables Account payables Capital 6-Month Fixed Deposit 10% Loan from BMI Bank Additional information: 1. Inventory as at 31 December 2019 was valued at RM80.000 2. The accruals and prepayments for the period were as follows Accruals RM Prepayments Rental received 1.000 Salaries and wages expenses 6,000 28 800 18200 14,000 1.800 81,600 67 700 685,000 20,000 200,000 RM 1600 3. The owner took goods worth RM900 from the business for his son as a birthday present 4. The net profit for the year ended 31 December 2019 was RM 174 665 5 Bad dobts of RM1 300 nood to be writton off and the allowance for doubtful debts is to be adjusted at 5% of the net account receivables w One-touch access to VAIO Core, the Web & Med 3 ACC406 FINAL ASSESM X E ACC406 FINAL ASSESSH X PARTNERSHIP PARI LAX AmArQH4Tw]Orfs8ef717y6QlkJWErg_pl-9DV2TQ6uNww/formResponse Based on Table 4 and the additional information, show the calculation to determine the equity and non-current liabilities as at 31 December 2019. (4 marks) 4 points Table 4 RM 20,000 80,000 3,000 8.800 Fixtures and Fittings at cost Motor vehicles al cost Depreciation - Fixtures and Fittings -Motor Vehicles Accumulated depreciation as at 31 December 2019, Fixtures and Fittings Motor vehicles Rental received Salaries and wages expenses Allowance for doubtful Debts as at 1 January 2019 Account receivables Account payables Capital 6-Month Fixed Deposit 10% Loan from BMI Bank Additional information: 1. Inventory as at 31 December 2019 was valued at RM80.000 2. The accruals and prepayments for the period were as follows Accruals RM Prepayments Rental received 1.000 Salaries and wages expenses 6,000 28 800 18200 14,000 1.800 81,600 67 700 685,000 20,000 200,000 RM 1600 3. The owner took goods worth RM900 from the business for his son as a birthday present 4. The net profit for the year ended 31 December 2019 was RM 174 665 5 Bad dobts of RM1 300 nood to be writton off and the allowance for doubtful debts is to be adjusted at 5% of the net account receivables w One-touch access to VAIO Core, the Web & Med

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