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How to use the information below and wrote inside:Jan 1 Company borrow RM 10000 from bank in notable and annually interest is 6%Jan 2 Company

How to use the information below and wrote inside:Jan 1 Company borrow RM 10000 from bank in notable and annually interest is 6%Jan 2 Company receive RM 4000 in cashJan 3 Prepaid rent of office RM 24000 annually Jan 4 Paid RM 50to Stars news for advertisementJan 5 Purchased office equipment for RM 2400 in creditJan 6 Paid RM 2000 for employee salaries monthlyJan 7 Paid RM 250 for electricity billsJan 9 Enterprise participate in philanthropic activities Jan 9 Equipment depreciation RM 1200 annuallyJan 11 Company has RM 1500 revenue from provide goods to the LB companyJan 11 Purchase raw material RM 300 in cashJan 12 The company buy insurance of RM 600 annually for each employee.Jan 13 Purchase RM 3600 to buy a machine in creditJan 15 The company decided to hold staff activitiesJan 16 Selling RM1000 shares to an investor Jan 18 Provide worth RM 800 worth of service to customers in creditJan 18 The human resources department decides to recruit employeesJan 19 Company hire some temporary workers and paid RM 500 in credit.Jan 20 Paid RM 3000 to buy Chali company stock in credit.Jan 21 The company donated 500 masks to the medical staffJan 22 Company spent RM1500 on credit to decorating officeJan 25 The company spends 500 on customer surveysJan 26 The company decided to organize a staff partyJan 28 Company paid RM 600 to develop own website in credit.Jan 30 Company paid RM 10000 to bank in notable and paid interest RM 50.

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ABC Enterprise Income Statement/ Statement of profit or loss For the year ended 31 December 2013 RM RM RM Revenues Sales X Less : Return inwards (x) Net Sales X Less : Cost of Goods Sold Opening inventory Purchases Less: Return Outwards (x) Net purchases Add: Carriage inwards Add: Insurance on Purchase Add: Duty of purchase Cost of goods purchased Xx Cost of Goods available for sale XXX Less : Closing Inventory (x ) Xx Gross Profit Xx Add : Other Revenues Discount received Commission received Rent received Interest on fixed deposit XX Less: Operating expenses Carriage outwards Discount allowed Printing and stationary Interest expense Salaries and wages Repair expense Electricity and water Rental expense (xx)

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