Exercise: The following is trial balance of Success Enterprise: Trial Balance as at 30 June 20x8 Debit RM Credit RM 400,000 350,000 5,000 6,200 Sales Purchases Sales returns Purchase returns Beginning Inventory Wages and salaries Insurance Expense Telephone charges Shop fittings at cost Van Debtors and creditors Capital Bank balance Drawings 100,000 30,000 6,000 1,000 40,000 30,000 10,000 7,800 179,000 3,000 18,000 593,000 593,000 Additional Information: Inventory as at 30 June 20x8 was RM120, 000. You are required to prepare: (a) Trading Statement for the year ended 30 June 20x8 (b) Profit and Loss Statement for the year ended 30 June 20x8. (c) Balance Sheet for the year ended 30 June 20x8