Accounting help! The net loss is RM9300 and the balance sheet is RM210,900 (My teacher gave this answer)

il so juile 2Ux2. Question 12 Meera Afendy owns a boutique, Cempaka Sari at SACC Mal. The boutique sells ladies es and accessories. The following Trial Balance was extracted from the books of Seri Wangi doth as at 31 December 20x9. Debit (RM) 40,000 4,000 7,000 5,600 4,400 160,000 Credit (RM) Inventory at 1/1/20x9 Returns inwards and outwards Carriage inwards Duty on purchases Cariage outwards Purchases and sales Discount received Insurance on purchases Commission received Shop rental Salary Salesman commission Discount allowed Advertisement expenses Allowance for doubtful debts Accumulated depreciation: Delivery van Costumes cabinet Office equipment 6,000 300,000 6,400 5,400 4,600 32,000 33,000 2,600 5,200 5,000 1,000 28,000 12,000 10,000 Delivery van Costumes cabinet Office equipment Accounts Receivable and Payable Telephone and electricity bills Insurance Bad debts Cash at bank Petty cash Loan from TEKUN (10% per annum) Drawings Capital 70,000 60,000 50,000 20,000 10,000 8,000 1,000 50,000 3,000 40,000 100,000 600 68,800 576,800 576,800 The following adjustments need to be considered: 1 The shop rental is RM4,000 per month. Puan Meera paid rental for two months in advance. 2 The salary for the fashion designer amounting to RM3,000 was still unpaid. 3 Interest on a loan from TEKUN for one year was outstanding. 4 One of the customers was declared bankrupt and unable to settle his debts. The customer still owed RM6,000. 5 Provision for doubtful debts on accounts receivable need to be provided at the rate of 5%. 6 An annual depreciation is to be provided as follows: Delivery van Costumes cabinet Office equipment 20% on cost 10% straight line basis 10% on cost 7 Puan Meera withdrew petty cash of RM400 and took a dress amounting to RM600 for her 8 Inventory as at 31 December 2009 was RM32,000. Required daughter's birthday A Statement of profit or loss and other comprehensive income for the year ended 31 20x9 December B Statement of financial position as at 31 December 20x9