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Exercise 3 Trial balance as at 31 December 2015 Debit (RM) Credit (RM) 15,000 Motor Vehicle Accumulated depreciation for motor vehicle 3,000 Insurance 960 Salary
Exercise 3 Trial balance as at 31" December 2015 Debit (RM) Credit (RM) 15,000 Motor Vehicle Accumulated depreciation for motor vehicle 3,000 Insurance 960 Salary 18,500 Account receivables 10,400 Provision for doubtful debt 640 330 Commission Additional information 1) Depreciation for motor vehicle is 10% on cost 2) Accrued salary is amounted RM450 3) Insurance is paid for the period 31 Mac 2016 4) Provision for doubtful debt is 5% on account receivables 5) Accrued commission is RM260 Prepare: Statement of comprehensive income and Statement of Financial position C
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