b) Using the information given below, prepare a pro-forma balance sheet for the year ending 2016 for Syahiru Ptd Ltd. SYAHIRU PTD. LTD. BALANCE SHEET AS AT 30 JUNE 2015 (RM) Cash 2,780 Notes Payable Account Receivable 3,600 Trade Creditors Inventories 5,700 Account Payable Marketable securities 2,800 Accruals Fixed Assets 12,000 Long Term Debt Common Shares Retained earnings TOTAL ASSETS 26,880 TOTAL LIAB. & EQUITY 5,780 1,000 3,850 3,220 3,200 4,330 5,500 26,880 i) ii) Sales for 2015 were RM10,000 and it is expected to increase 50% in year 2016. Net income for 2015 was RM6,000. Dividend for shareholders in 2015 amounted to RM2,820. Syahiru Ptd. Ltd. is operating at full capacity. All external financing are absorbed and met by long-term debt. (14 marks) iv) b) Using the information given below, prepare a pro-forma balance sheet for the year ending 2016 for Syahiru Ptd Ltd. SYAHIRU PTD. LTD. BALANCE SHEET AS AT 30 JUNE 2015 (RM) Cash 2,780 Notes Payable Account Receivable 3,600 Trade Creditors Inventories 5,700 Account Payable Marketable securities 2,800 Accruals Fixed Assets 12,000 Long Term Debt Common Shares Retained earnings TOTAL ASSETS 26,880 TOTAL LIAB. & EQUITY 5,780 1,000 3,850 3,220 3,200 4,330 5,500 26,880 i) ii) Sales for 2015 were RM10,000 and it is expected to increase 50% in year 2016. Net income for 2015 was RM6,000. Dividend for shareholders in 2015 amounted to RM2,820. Syahiru Ptd. Ltd. is operating at full capacity. All external financing are absorbed and met by long-term debt. (14 marks) iv)