Answer ALL questions. (Jawab SEMUA soalan) Q1 Bio Sdn Bhd was incorporated on 1 July 2019 to take over of the business of MM a sole trader from 1 January 2019. Bio continued trading without a break. Given below is the Trial Balance of Bio as at 31 December 2019. (Bio Sdn Bhd telah diperbadankan pada 1 Julai 2019 untuk mengambilalih perniagaan MM, seorang pemilik tunggal pada 1 Januari 2019. Bio meneruskan perniagaan tanpa henti. Berikut diberikan Imbangan Duga Bio pada 31 Disember 2019.) Debit Credit RM RM Non current assets (Asef tak nyata) 500,000 Goodwill (Muhibbah) 226,000 Inventories (Inventori) 40,000 Trade receivables (Belumterima niaga) 50,000 Provision for doubtful debts (Peruntukan hutang ragu) 5,000 Cash (Tunai) 22,000 Trade payables (Belumbayar niaga) 35,000 12% debentures (Dobentur) 200.000 Sales (Jualan) 900.000 Cost of sales (Kos jualan) 450,000 Rent (Sowa) 24,000 Salaries (Gaji) 60,000 Insurance (Insurans) 12,000 Bad debts (Hutang lapuk) 3,000 Depreciation (Susutnilai) 10,000 Director's remuneration (Gaji pengarah) 36,000 Preliminary expenses (Belanja permulaan) 5,000 Debenture interest (Faedah debentur) 12,000 Selling expenses (Belanja jualan) 90.000 Ordinary shares of RM1 each (Saham biasa RM1 setiap satu) 400,000 1,540,000 1,540,000 - 3 - DDWW3153 Additional information: (Maklumat tambahan:) 1. Sales for January, February and March were twice the average monthly sales. The gross profit margin was constant. (Jualan bagi Januari, Februari dan Mac adalah dua kali ganda daripada purata jualan sebulan. Margin untung kasar adalah konstan.) 2. Bad debts were all from debtors taken over from MM. (Hutang lapuk semuanya daripada penghutang yang diambil alih daripada MM.) 3. Of the depreciation expenses RM9,000 is non current assets taken over from MM. (Untuk belanja susutnilai RM9,000 adalah aset tak nyata yang diambil alih daripada MM.) 4. Insurance of RM12,000 is for the period 1 June 2019 to 31 January 2020. (Insurans sebanyak RM12,000 adalah bagi tempoh 1 Jun 2019 hingga 31 Januari 2020.) 5. Preliminary expenses are to be written off. (Bolanja pormulaan akan dihapuskan.) Required: (Dikehendaki:) a. The statement of comprehensive income apportioning between the period before and after incorporation. (Penyata pendapatan komprehensif yang membahagikan antara tempoh sebelum dan selepas diperbadankan.) b. Statement of financial position of Bio Sdn Bhd as at 31 December 2019. (Penyata kedudukan kewangan Bio Sdn Bhd pada 31 Disember 2019.)