a) At the beginning of the year, as of 1 January 2021, Megah Kayangan Sdn. Bhd. (MKSB) owned assets amounting to RM125,000 and the owners equity of RM100,000. During the year, its assets increased by RM30,000 and its liability decreased by RM12,000. The company is closed its accounts on 31 December 2021. i. Calculate the total liabilities of MKSB at the beginning of the year (1 January 2021). (2 marks) ii. Calculate how much is the MKSB owners equity at the end of the year (31 December 2021). (2 marks) b) The following are the year-end balances in Pak Mat Grocery Shops ledgers: RM Sales 42,800 Purchases 31,300 Cash 7,800 Bank accounts 32,100 Bank loan 30,000 Motor vehicle 42,000 Expenses 13,000 Inventory 12,200 Trade payables Ah Kok Supply 15,600 Capital 50,000 Based on the ledger above, prepare the Trial Balance for Pak Mat Grocery Shop. (5 marks) c) Question i, ii and iii are related to the information below: Assets (RM) Owners Equity (RM) Liabilities (RM) Revenues (RM) Expenses (RM) 103,200 50,000 30,700 X 35,700 Y 100,000 45,800 120,000 73,000 200,000 Z 54,800 93,000 67,800 i. Calculate the value of X. (1 mark) ii. Calculate the value of Y. (1 mark) iii. Calculate the value of Z. (1 mark) 3 d) Based on the information below, calculate the total depreciation of fixed assets (current year) owned by Rona Bakery. (6 marks) i. Delivery van Cost: RM82,000 Depreciation rate: 20% Depreciation method: straight-line ii. Chillers Cost: RM16,000 Depreciation: 15% per annum Accumulated depreciation: RM1,600 Depreciation method: Reducing balance e) Indicate with an X whether each item is an asset, liability, owners equity, revenue, or expense account. There is only one correct answer for each item. Item Asset Liability Owners Equity Revenue Expense 1 Dividend received 2 Trade receivables 3 Contributed capital 4 Overdraft bank 5 Machinery 6 Salary expenses 7 Inventories 8 Loan to XYZ Sdn Bhd 9 Trade payables 10 Mortgage on-premises (5 marks) (Total: 23 Marks