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answer in english AA015 Accounting 1 The information below was extracted from the financial position statement Perniagaan Salmah (PS) as at 30 Jun 2011 Debit(RM)
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AA015 Accounting 1 The information below was extracted from the financial position statement Perniagaan Salmah (PS) as at 30 Jun 2011 Debit(RM) 89,000 Q: 2011/2012 CreditRM) Accounts Cash 45,000 17,500 Accounts payable Prepaid Insurance 185,000 Motor Van 23,000 Accumulated depreciation - motor van 100,000 Premises 17.000 Accumulated depreciation - premises 38,000 Accounts payable 12,500 Unearned revenue 268,000 Capital Drawings 102,000 5 and Additional information as at 1 July 2010: RM 200,000 Total current assets 370,000 Total non current assets 105,000 Total liabilities REQUIRED: Calculate: i Capital as at 1 July 2010. ii.Net profit/loss for the year ended 30 June 2011. ii. Non-current liabilities as at 30 June 2011. [10.5 markah] mark mark 151 (2 marketStep by Step Solution
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