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an income statement, and a classified statement of financial position for Adeline Trading Sdn Bhd. Show your calculation of Retained Earnings clearly. Part B: Financial

an income statement, and a classified statement of financial position for Adeline Trading Sdn Bhd. Show your calculation of Retained Earnings clearly.

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Part B: Financial Statements 134 marks} The balances of the accounts of Adeline Trading m \"3\"th for the month ended 31 July 2018 are as follows: Accounts payable RM 3,100 Accounts receivable 10,400 Buildings 260,000 Cash 15,600 Sales revenue 40,600 Share capital 261,000 Retained earnings (beginning) 25,900 Required: Dividends paid RM 8,000 Insurance expense 2,200 Supplies 400 Accrued expenses payable 3,300 Rent expense 2,400 Salaries expense 10,000 Cost of Goods Sold 24,900 Prepare an income statement, and a classied statement of financial position for Adeline Trading mBhd. Show your calculation of Retained Earnings clearly

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