Credit(RM) 7,500 33,220 95,200 630 101 1. Given a Trial Balance for Gemilang Ent as at 30th April 2018: Accounts Debit (RM) Cash in hand 2,500 Cash at bank 35,700 Debtor and creditor 10,500 Capital Sales Purchases 41,300 Returns 470 Carriage inwards 295 Carriage outwards 215 Discounts 79 Inventories as at 1 May 2017 5,000 Machinery 15,700 Furniture and fittings 9,375 Accumulated depreciation - machinery Accumulated depreciation - furniture and fittings Rent expenses 6,300 Salary expenses 12,700 Utility expenses 820 Commission received Drawings 300 Total 141,254 3,140 938 525 141,254 Additional information: 1. Closing inventory RM7,100. 2. Bad debt RM400 to be written off. 3. Prepaid rent RM300. 4. Accrued salary RM1,500. 5. Commission received in advance RM25. 6. Owner took cash RM200 and this was not recorded yet. You are required to prepare: a. The Income Statement for the year ended 30th April 2018. b. The Statement of Financial Position as at 30th April 2018