Exercise INCOME STATEMENT.

The following is the account information obtained from Ilmi Enterprise as at 31 December 2012.

Berikut ialah maklumat akaun yang diperolehi daripada Ilmi Enterprise pada 31 Disember 2012 Particulars Rent expenses /Belanja sewa Wages and salaries/Upah dan gaji Telephone and electricity / Telefon dan elektrik Insurance / Insurans Carriage outwards / Angkutan keluar Motor expenses / Belanja kenderaan Stationery / Alat tulis Discount allowed/Diskaun dibenarkan Bad debts / Hutang lapuk Interest on loan/Faedah pinjaman Discount received / Diskaun diterima Commission received/Komisyen diterima Gross profit/Untung kasar RM 2,500 3,000 600 900 2,000 700 300 700 500 300 600 400 207,500