Additional information as at 30 September 2020:

- Stock on 30 September 2020 was valued at RM70,000. - Supplies on hand at 30 September 2020 total RM540 - Invoice representing RM7,500 sales in September has not been recorded. - The insurance policy is for a year ending 30 April 2021. - Machine and lorry were depreciated at 10% of the cost each year.

You are required to: a) Prepare the necessary adjusting entries in the general journal.(10 marks) b) Prepare the income statement for Jonaz for the year ended 30 September 2020. (12 marks) c) Prepare the balance sheet for Jonaz Trading as at 30 September 2020.(13 marks) d) Explain depreciation and why the company needs to adjust for depreciation.

NO NEED TO ANSWER THIS QUESTION BECAUSE I WRONGLY UPLOAD THIS

TO PUPS NE MU 14 1. 31, 42 DEH ST7.10 WT RUSSO . Chord DRM 130. Program Acord 14.000 by Patricode TO PUPS NE MU 14 1. 31, 42 DEH ST7.10 WT RUSSO . Chord DRM 130. Program Acord 14.000 by Patricode