INSTRUCTIONS: TIME: 3 HOURS Answer ALL Questions in the Answer Sheets Provided. PART B QUESTION 1 (25 MARKS) Marina Business Consultancies (MBC) was established in Kuala Lumpur on 1 January 2019. The business provides business and tax consultancies for small medium enterprises. With the capital beginning RM350,000, MBC managed to establish department such as business administration, business development, corporate communication, marketing as well as accounting and finance. The accounting and finance department run with the capacity of two staff, (Adam and Jessica) to handle about business accounting and reporting related matters. At the end of the first-year operations, MBC required to accurately report revenues earned and expenses incurred during that time period. It required the adjusting process so that the financial statement will be accurately reported. MC had the following unadjusted trial balance. efeb-7325-41f....jfif 8995fdc3-8496-40e....jfif ASUS VIVOBOOK Additional information: i. Insurance expense at the rate of RM850 per month. ii. RM3,600 of supplies still on hand at 31" December 2019. iii. Yearly depreciation on the non current assets as below: furniture and fittings, RM5,175 motor vehicles, RM20,400 iv. RM10,000 from the unearned revenue still unearned. v. Interest expense RM5,295 still payable by end of the year Required: Assume that you are Adam, you are required to: a) Prepare an adjusted trial balance as at 31 December 2019. (10 marks) CLO3.PL4/PL07-C4)