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**Answer in the right form and complete based on marks given so that i could understand further. Thank you QUESTION 4 The trial balance of

**Answer in the right form and complete based on marks given so that i could understand further. Thank you

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QUESTION 4 The trial balance of Jimin Enterprise as at 31st March 2019 is as follows: Particulars Debit Credit (RM) (RM) Capital 391, 054 Vehicles 75, 000 Plant and machinery 360, 000 Land at cost 150, 000 Accumulated provision for depreciation: Vehicles 27, 000 Plant and machinery 72, 000 General expenses 20, 000 Discount 527 3, 225 Bad debt expenses 1, 650 Stock (1st April 2018) 36, 200 Cash in hand 7, 500 Cash at bank 25, 000 Purchase and sales 84, 590 268, 450 Drawings 4, 400 Account receivable and account payable 64, 000 46, 000 Insurance expenses 4, 125 Loan from Bank Rakyat 105, 000 Investment ASN Unit Trust 65, 000 Rent revenue 18, 000 Wages and salaries 36, 000 Carriage expense 1 , 837 Duty on purchase 1, 400 Advertising expenses 2, 500 Interest on loan 2, 000 Return 500 1, 500 932, 229 932, 229 Additional information: 1) Stock as at 31st March 2019 was RM45, 900 2) An insurance expenses was prepaid amounted RM200 3) Interest on loan amounting to RM500 was accrued 4) Dividend income received on ASN Unit Trust RM1, 500 was not yet recorded in the account 5) The owner took out RM1, 000 cash to pay his daughter's hospital bill6) Included in the rent revenue account are amount of rent received for 15 months to June 2019 7) Out of total carriage expenses, RM400 was for carriage inwards 8) Advanced salary paid to staff amounting to RM500 9) Depreciation is to be provided as follows: Vehicles RM9, 600 Plant and machinery RM36, 000 10) Provision for doubtful debts is to be calculated on the debtor's balance at the rate of 5% You are required to prepare the following: a) Statement of Prot or Loss for the year ended 31st March 2019. (13 marks) b) Statement of Financial Position as at 315' March 2019. (12 marks)

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