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(d) The following information is extracted from the books of CODA Enterprise. RM Salary expenses 32,400 Electricity bills 9,320 Rental received 4,800 Additional information: 1.
(d) The following information is extracted from the books of CODA Enterprise. RM Salary expenses 32,400 Electricity bills 9,320 Rental received 4,800 Additional information: 1. Salaries expenses amounting to RM1,800 were accrued while the electricity bills were over paid by RM800. 2. Rent received in advance was RM2,000 Required: (i) Prepare a statement of profit or loss (extract) for the year ended 30 November 2019. (ii) Prepare a statement of financial position (extract) for the year ended 30 November 2019. (8 marks)
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