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(d) The following information is extracted from the books of Ling Ling Enterprise. Capital 1 April 2015 Vehicle: Commission Repair and maintenance WIFE Inventory 1

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(d) The following information is extracted from the books of Ling Ling Enterprise. Capital 1 April 2015 Vehicle: Commission Repair and maintenance WIFE Inventory 1 April 2016 Trade payable: Trade receivables Drawings Additional information: 1. Inventory on 31 March 2020 is RM3.223. 2. Commission is accrued by RM250. 3. Wages has been prepaid by RM400. 4. RM2400 of trade receivables has been declared as bad debts. Required: (i) Prepare a statement of prot or loss (extract) for the year ended 30 November 2020. (ii) Prepare a statement of nancial position {extract} for the year ended 30 November 2020. (8 marks) Jun

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