i. and ii.

QUESTION 1 Following is a trial balance of Boorpaq Technology Sdn. Bhd as at 31 December 2016. Booroag Technology Sdn. Bhd Trial Balance As at 31 December 2016 Debit (RM) Credit (RM) 3,700 21,400 15,570 334 199,000 77,337 1,330 777 35,375 11,755 100,000 Warehouse rent Wages and Salaries Van Utilities Expenses Shop Lot Sales Returns Outwards Return inwards Purchases Opening inventory Long Term debt Legal Expenses Insurance General Expenses Equipment Drawings Cash in Hand Cash at Bank Carriage Outwards Carriage inwards Capital Account Receivables Account Payables 757 1,200 555 7.900 6,500 7,324 13,750 710 990 150,000 9,060 7,990 336,657 336,657 Inventories at 31 December 2016 was RM 11,780 You are required to draw up the: 1. Income statement (trading and profit and loss account) (23 marks) ii. Balance sheet (17 marks)