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Malar Sdn. Bhd. a store owner, extracted the following trial balance from her books at the close of business on 31 December 2020. Debit RM
Malar Sdn. Bhd. a store owner, extracted the following trial balance from her books at the close of business on 31 December 2020. Debit RM Credit RM 46,828 32,222 80,000 12,038 11,290 Sales Purchases Capital Debtors Creditors Bank Cash in hand Premises Fixtures and fittings Equipment 7,530 258 54,000 15,000 8,000 Wages Motor vehicles Drawings Sundries Rent 3,800 558 2,800 912 1000 138,118 138,118 Additional information: . Closing inventory at 31 December 2020 amounted RM8,688 You are required to prepare: a) Statement of Profit of Loss for the year ended 31 December 2020. (12 marks) b) Statement of Finanacial Position as at 31 December 2020. (13 marks) Malar Sdn. Bhd. a store owner, extracted the following trial balance from her books at the close of business on 31 December 2020. Debit RM Credit RM 46,828 32,222 80,000 12,038 11,290 Sales Purchases Capital Debtors Creditors Bank Cash in hand Premises Fixtures and fittings Equipment 7,530 258 54,000 15,000 8,000 Wages Motor vehicles Drawings Sundries Rent 3,800 558 2,800 912 1000 138,118 138,118 Additional information: . Closing inventory at 31 December 2020 amounted RM8,688 You are required to prepare: a) Statement of Profit of Loss for the year ended 31 December 2020. (12 marks) b) Statement of Finanacial Position as at 31 December 2020. (13 marks)
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