ASSIGNMENT 2 (202) The following trial balance has been extracted from the ledgers of Yummies Sdn. Bhd. as at 31 December 2021. Trial balance of Yummies Sdn. Bhdasat 31 December 2021 Debit (RM) Credit (RM) 123,311 1,902 7,983 6,341 11,257 10,000 1,550 17,500 3,500 Accounts Sales Returns Account receivables and Account payables Office equipment (Cost) Accumulated depreciation Office equipment Motor vehicle (Cost) Accumulated depreciation - Motor vehicle Purchases Inventoriesat 1 January 2021 Carriage inwards Carriage outwards Maintenance expenses Electricity Wages and salaries Rent Stationery and postages Cash at bank Discount allowed and Discount received Sales tax payable Capital at 1 January 20 21 Drawings Long term loan 64,726 5,000 908 272 1,349 1,803 11,550 8,800 2,681 14,797 5,652 3,765 1,325 4,300 1,000 16,000 163,636 163,636 Additional information was obtained asat 31 December 2021: i. The value of the inventories on handat 31 December 2021 was RM5,700. ii. The wage of RM1,050 for December 2021 has not yet been entered into the ledgers. iii. The balance of the rent includes payment of rent for the one month of January 2022, amounting to RM1,200. iv. Following a review of account receivablesat the year end, it is decided that a bad debt of RM1,207 should be written off, and a provision for doubtfuldebt made of 2 per cent of account receivables. y. Office equipment is to be depreciated at 10 per cent per annum on cost, and motor vehiclesaretobe depreciated at 20 per cent perannum on cost. vi. Loan interest of 10 per cent perannumisto be accrued. You are required to prepare the following for Yummies Sdn. Bhd.: a) Statement of Comprehensive Income for the year ended 31 December 2021