3. From the following trial balance of Reenawares Trading, prepare its statement of profit or loss for the year ended 30 September 20X3 and a statement of financial position as at that date. Credit (RM) 322 19,600 Trial Balance as at 30 September 2003 Particulars Debit (RM) Inventory on 1 October 20X2 2,368 Carriage outwards 200 Carriage inwards 310 Returns inwards and outwards 248 Purchases 10,874 Sales Salaries and wages 3,862 Advertisement 211 Rent 304 Insurance 78 Repairs of motor vehicle 164 Office expenses 216 Travel expenses 166 General expenses 314 Premises 35,555 Fixtures and fittings 2,800 Trade receivables and payables 3,896 Fixed deposit at BIMB 8,000 Cash In hand 482 Cash at bank 1,210 Drawings 1,200 Capital Loan from MBF Finance Discount allowed and received 45 Interest received 72,503 1,231 36,000 15,000 200 150 72,503 Inventory as at 30 September 20X3 was RM2,900. 4. The following is the trial balance of Jackie Chong Trading as at 31 March 20X3. Prepare a set of financial statements for the year ended 31 March 20X3. Trial Balance as at 31 March 20X3 Particulars Debit (RM) Credit (RM) Inventory on 1 April 20X2 17,600 Purchases and sales 69,185 91,920 Carriage outwards 1,570 Returns outwards 640 Wages and salaries 10,240 Rent and rates 3,015 Delivery expenses 624 Discount allowed and received 216 88 Insurance 405 General expenses 318 Premises 20,000 Trade receivables and payables 14,320 8,160 Furniture and fittings 2,850 Cash at bank 2,970 Cash in hand 675 Drawings 7,620 Capital 50.800 151,608 151,608 Inventory as at 31 March 20X3 was RM10,700. 5. Cahaya Trading drew up the following trial balance as at 30 June 20X3. You are required to draft the statement of profit or loss for the year ended 30 June 20x3 and a statement of financial position as at that date. Inventory as at 30 June 20X3 was RM20,400. Credit (RM) 130,000 Trial Balance as at 30 June 20x3 Particulars Debit (RM) Administrative expenses 7,377 Selling and distribution expenses 2,400 Miscellaneous expense 2,970 Carriage inwards 215 Purchases and sales 94,795 Non-current assets 10,100 Inventory on 1 July 20X2 23,900 Accounts receivable and payable 12,720 Bank overdraft Cash in hand 295 Drawings 8,420 Capital 163,192 9,370 900 22,922 163,192 6. The following is the list of balances obtained from Perniagaan Tani as at 31 December 20X2. Particulars Sales Inventory as at 1 January 20X2 Purchases Inventory as at 31 December 20X2 Returns inwards RM 400,000 30,000 200,000 40,000 15,500 Carriage inwards 4,000 Rent expense 2,500 1,000 3,000 600 900 Duty on purchases Wages and salaries Telephone and electricity Insurance Carriage outwards Motor expenses Stationery Discount allowed 2,000 700 300 700 Interest on loan 300 Returns outwards 18,000 Discount received 600 400 91,400 25,000 Commission received Land and building Motor vehicles Accumulated depreciation - motor vehicles Accounts receivable Cash in hand 5,400 Cash at bank Drawings Capital 50,000 1,930 85,000 2,000 50,000 15,000 7,000 Office furniture Accumulated depreciation - Office furniture Accounts payable 10-year loan from bank 44,930 6,000 You are required to prepare the statement of profit or loss for the year ended 31 December 20X2 and a statement of financial position as at that date. 7. The following is the list of balances extracted from the books of Anda Trading as at 30 November 20X2. RM Particulars Petty cash Cash at bank 100 9,000 12,840 26,500 14,000 50,000 10,000 Accounts receivable Inventory as at 1 December 20X1 Motor vehicles Plant and machinery Long-term investments Freehold premises Accounts payable 10% Mortgage on freehold premises Capital on 1 December 20X1 Purchases Wages and salaries Rates and taxes Interest on mortgage General expenses Carriage outwards Insurance premium Drawings Carriage inwards Advertising expenses Sales 147,500 16,500 34,000 219,840 128,900 70,300 1,000 1,700 2,000 21,000 3,000 7,400 600 14,000 250,000 1,000 500 Sales returns Purchases returns Discount received 600 Discount allowed 800 Allowance for doubtful debt 200 Inventory on hand as at 30 November 20X2 was RM30,000. You are required to prepare the statement of profit or loss for the year ended 30 November 20X2 and a statement of financial position as at that date