Mr. Amru Nazli started the business of a gold shop named Emas Ria. The store started operating on 1st Jan 2021. Here are the transactions for the month first store operations.

1-Jan-21 Starting a business with a cash capital of RM50,000 put in the bank

3-Jan-21 Obtained a loan from Bank Islam Bhd of RM150,000 for business use

9-Jan-21 Bought a van worth RM58,200 on credit from Syarikat Auto Sdn Bhd and the monthly payment is RM693.00 paid on the 30th day of the month every month.

10-Jan-21 Buying items for sale/stock from the Golden Bird Company is worth RM9,000 by cash transfer

10-Jan-21 Purchased office equipment worth RM7,000 by cash transfer.

11-Jan-21 Bought a computer worth RM3,000 for shop use cash transfer.

11-Jan-21 Purchased goods for sale/stock from Han Seng Company worth RM 50,000 on credit

12-Jan-21 The renovation of the shop cost RM46,000 and has paid as much as RM20,000 to Syk Kayu Kayan by using a check and the rest will be paid next month

12-Jan-21 Buy goods for sale/stock from Padi Emas Enterprise for RM 30,000 paid by CHEQUE

13-Jan-21 Purchased from Unggul Sdn Bhd for RM50,000, RM30,000 paid use a check and the rest will be paid in the next month amounting to RM20,000. The items are for sale

14-Jan-21 Electricity deposit of RM300.00 and telephone number of RM200 are paid with CHEQUE.

15-Jan-21 The owner took RM2,000 for his own use.

16-Jan-21 Pay insurance premiums for businesses with CHEQUE. of 3/6 RM2,000 for the month of Jan to May 2021

16-Jan-21 Sale on the first day of RM5,000 in cash and at bank-in on the same day

17-Jan-21 Pay the promotional cost of RM3,000 by CHEQUE.

17-Jan-21 Sales collection of RM 4,000 in cash and bank-in on the same day

18-Jan-21 .Sales collection of RM 2,000 in cash and bank-in on the same day.

18-Jan-21 Selling jewelery to Perdana Sdn Bhd worth RM500 on credit

19-Jan-21 Sales collection of RM3,000 in cash and bank-in on the same day.

20-Jan-21 Collection from sales of RM1,400 in cash and bank-in on the same day

21-Jan-21 Selling goods to Sakti Sdn Bhd worth RM300 on credit

21-Jan-21 Collection from sales of RM2,300 in cash and bank-in on the same day

22-Jan-21 Collection from daily sales of RM3,100 in cash and at bank-in on the same day

22-Jan-21 Received a CHEQUE from Perdana Sdn Bhd for RM500

23-Jan-21 Settle the telephone bill of RM56, water bill of RM20, electricity bill of RM235 by credit transfer

23-Jan-21 Collection from daily sales of RM3,200 in cash and at bank-in on the same day

24-Jan-21 Pay monthly salary of RM3,000, EPF RM300, SOCSO RM 50 via cash transfer.

24-Jan-21 Collection from daily sales of RM2,800 in cash and at bank-in on the same day

25-Jan-21 Settle the shop rent of RM1,500 by CHEQUE

25-Jan-21 Pay to Han Seng Company by CHEQUE of RM 20,000.00

25-Jan-21 Collection from daily sales of RM2,780 in cash and at bank-in on the same day

26-Jan-21 Selling goods to Perdana Sdn Bhd worth RM300 on credit.

26-Jan-21 Collection from daily sales of RM2,500 in cash and bank-in on the same day

26-Jan-21 Buy items for stock on credit from Ali Ahmad Company worth RM12,000

26-Jan-21 Buying goods in cash from a wholesaler for RM5,100 is paid by CHEQUE

27-Jan-21 Collection from daily sales of RM3,000 in cash and bank-in on the same day

27-Jan-21 Sending back goods purchased from Syarikat Ali Ahmad as much as RM2350 for damage.

28-Jan-21 Sakti Sdn Bhd paid the outstanding debt of RM300 with CHEQUE

28-Jan-21 Collection from daily sales of RM3,000 in cash and bank-in on the same day

28-Jan-21 Purchased additional office equipment of RM2,500 by transfer cash.

29-Jan-21 Collection from daily sales of RM3,500 in cash and bank-in on the same day

30-Jan-21 Collection from daily sales of RM4,000 in cash and bank-in on the same day

31-Jan-21 Collection from daily sales of RM4,500 in cash and bank-in on the same day

Additional information 1. The remaining final stock is worth RM123,042 2. The depreciation rate for assets is:- a. Vehicles 20% per annum b. Office equipment & furniture 20% per annum c. Computers 20% per annum d. Machine 20% per annum

Therefore you are required to provide:- 1. Prepare Trial Balance on 31 th Jan 2021 2. Prepare Income Statement for Kedai Emas Ria ending 31st Jan 2021 3. Prepare Balance Sheet or Balance Sheet as at 31st Jan 2021