Ms. Wong is in business trading as an electrical whole seller. On 31 March 2021 her ledger showed the following balances. Accounts RM 48.500 28.400 Accounts Receivable Accounts Payable Carriage Inwards General Expenses Salaries 1.800 60,000 102.000 4.900 4,100 492.000 Commission Received Sales Return Sales Purchases Inventory as at 1 April 2020 Capital 230.000 61.500 150.000 Drawings 10.100 Cash 13.800 Bank Overdraft 5.000 Land Equipment Provision for Depreciation on Equipment Motor Vehicles Provision for Depreciation on Motor Vehicles 120.000 27.200 15.100 28.000 11.600 The following information is also available: 1) The closing inventory as at 31 March 2021 was valued at RM58,000. 2) At 31 March 2021 Salaries owing amounted to RM2,200 General Expenses were prepaid by RM2,700 3) During the year, Wong had withdrawn for her personal use, goods costing RM2,500. This had not been recorded in the accounts. 4) Williams, a debtor included in the accounts receivable balance above has recently been declared bankrupt and will not be paying his overdue account of RM900. This amount is to be written off as bad debt in the accounts for the year ended 31 March 2021. 5) Depreciation is to be provided as follows: Motor Vehicles -20% by the reducing balance method Equipment -10% per annum on cost using the straight line method Land is not depreciated. No fixed assets were purchased or sold during the year ended 31 March 2021. Required: (1) Show the necessary journal entries for items 2 to 5 above in the general journal. (Explanation is not required). (12 marks) (11) Prepare a Statement of Profit and Loss for the year ended 31 March 2021. (14 marks) (ii) Prepare a Statement of Financial Position as at 31 March 2021.|| (14 marks)