Instructions: 1. Students are required to form groups. Each group consists 2 or 3 members only. 2. Every group is required to prepare a Financial Statement with Year End Adjustment based on the question below: Below is the trial balance of Poly Mini Mart Enterprise as at 31 December 2021. Debit (RM) Capital Credit (RM) 50,000 Drawings 900 Stock 4,800 Purchases 12,000 Trade receivables 5,500 Trade payables 3,500 Sales 32,400 Premises 45,500 Office Equipment 2,500 Bank 8800 Sales returns 220 Purchases returns 300 Salaries 6,000 Commission 2,190 Insurance 600 Advertising 500 Carriage inwards 100 Carriage outwards 180 Discount allowed 130 Discount received 140 Bad debts 150 Water and electricity 650 88,530 88,530 Additional information: i. Inventories on 31 December 2021 at a cost of RM5,400. ii. Accrued salaries amounted to RM 600. iii. Prepaid insurance worth RM 120. iv. Office equipment is to be depreciated at 20% per annum. v. Provision for doubtful debts at 5% of the trade receivables is to be created. You are required to: CLO3 C3 a) Prepare a Statement of Comprehensive Income for the year ended 31 December 2021 (25 marks) b) Prepare a Statement of Financial Position as at 31 December 2021. (25 marks)