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I don't get balance on this question. The following Trial Balance relates to Maju Berhad as at 31 March 2020. DR CR RM 000 RM

I don't get balance on this question.

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The following Trial Balance relates to Maju Berhad as at 31 March 2020. DR CR RM 000 RM 000 Share premium account 860 Inventory at 15 April 2019 1,720 Turnover 13,260 Discount received 195 RM1 ordinary shares 2,750 Retained profit at 1" April 2019 565 Discount allowed 256 Bank 940 Directors salaries 280 Provision for doubtful debt at 1" April 2019 120 Building at cost 3,818 Machinery at cost 3,960 10% debentures 1,940 Wages and salaries 950 Carriage inwards 426 Trade receivables 3,412 Trade payables 2,894 Buildings- accumulated depreciation at 1 April 2019 724 Machinery- accumulated depreciation at 15 April 2019 2,220 Administrative expenses 230 Utilities 728 Land at cost 1,500 Ordinary dividend paid 200 Purchases 7,118 Return inwards 52 Return outwards 62 25,590 25,590Required: 3) Prepare the Statement of Prot or Less and Other Comprehensive Income of Maju Berhad for the year ended 31 March 2020 in a format suitable fer publication. (8 marks) 1:} Prepare the Statement of Financial Position for Maju Berhad as at 31 March 2020 in a format suitable for publication. (7 marks) Additional information : I. Company's taxation charge for the year has been calculated at RM 216,450. 2. The management of the company have decided that the provision of doubtful debts is to be revised to an amount equivalent to 3 per cent of the total amount of trade receivabies outstanding as at 31 March 2020. 2.. Debenture interest has not yet been accounted for therefore has not been paid during the year. 4. There were wages and salaries due at 31 March 2020 amounting to RM 164,500 and prepaid utilities expenses of RM 14,000. 5. Closing inventory was valued at a cost of RM 1,888,000 on 31 March 2020. :5. The directors have decided that no nal dividend will be declared. 7. Machinery is depreciated at 25% per annum using the reducing balance method. The full amount of annual machinery depreciation charge is allocated to the cost of sales for the year. 3. Buildings are depreciated at 5% per annum on their original cost, allocated 25% to cost of Sales, 50% to distribution cost and 25% to administrative expenses. 9. During March 2020 a bonus issue of one new share for every ve shares currently in the statement of nancial position was taken up by ail ordinary shareholders of the company. This bonus issue has not yet been entered into the company's ledger accounts. The share premium account is to be used for the bonus issue. no. The expense items in the income statement should be apportioned as below: Coot ofDletrihutlon Administrative tales coat expenses % % % Discount allowed and received 100 Utilities 40 20 40 Wages and Salaries 50 25 25

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