3 Below is the additional information which was left out by May's clerk RM Closing inventory 7,400 Prepaid Insurance 60 Accrued wages 100 Depreciation - Office Equipment 380 Interest expenses unpaid for 3 months 80 The provision for doubtful debts is to be made equal to 6% of the Accounts Receivables Required: Prepare a. The Statement of Comprehensive Income for the year ended 30 June 2021 (11 marks) b. The Statement of Financial Position as at 30 June 2021 (9 marks) Tanaka Bhd Statement of Financial Position as at 31 December 2020 2019 RM000 RM'000 Non-current assets 31.840 29.200 Furniture (Net book value) Current assets 2,448 3,520 Cash at bank 1.300 13,200 Inventory 7,600 7.000 Accounts receivable 600 500 Quoted shares 23,648 24,220 Total assets Current liabilities 10.400 10,920 Accounts payable 300 500 Accruals 10.700 11,420 Total liabilities Working capital 12,948 12,800 Non-current liabilities Long term loan 18,400 18,000 Net assets 26,388 24,000 Shareholder's equity 14.4 million ordinary shares 14.400 14.400 500,000 9% preference share 1,000 1,000 Retained profits 10,988 8,600 26,388 24,000 7 RM Capital accounts as at 1 January 2020 Allan Hardy 30,000 20,000 Current accounts as at 1 January 2020 Allan Hardy 300 900 Debit Credit Drawings Allan Hardy Trade receivables Trade payables Furniture and fittings (Net book value) Bank Provision for doubtful debts General expenses Insurance Rent 14,000 11,000 8,300 7,000 36,000 20,000 300 4,000 5,800 12,000 Required: Prepare: a. Profit and Loss Account and the Appropriation Account for Allan and Hardy for the year ended 31 December 2020, (10 marks) b. Current account for the partners. (5 marks) c. Statement of Financial Position for Allan and Hardy as at 31 December 2020 (10 marks)