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(b) The following information is extracted from the books of Fancy Enterprise. Account Land and Building Motor Vehicle Office Furniture Closing stock Trade receivable Cash

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(b) The following information is extracted from the books of Fancy Enterprise. Account Land and Building Motor Vehicle Office Furniture Closing stock Trade receivable Cash in hand Cash at bank Drawings Capital 10-year loan Hong Ling Bank Trade payables Net profit is valued at RM123,556. RM 91,500 25,000 15,000 40,000 50,000 2,970 1,930 2,000 49,933 10,000 44,911 You are required to prepare a statement of financial position for the year ended 30 June 2019. (Total: 18 marks)

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