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O Danny Bhd was corporated on Apr2020 to the business Syarikat Sunny from 1 November 2013. Below is the Satenent of Currencome of Darny Bhd

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O Danny Bhd was corporated on Apr2020 to the business Syarikat Sunny from 1 November 2013. Below is the Satenent of Currencome of Darny Bhd for the year enord 31 October 2005 Dunya pada Apr 2020ontak mengambilah pemagen y Sony Mober 2012 bawah merupakan Penyata Pelatan Kampraten Donny and her 31 Oktober 2020) RM 1.000.000 Sales Opening tortor Puratanan Balary 000 55.000 500.000 500.000 0.000 Closing wory inventor Cost of sales o Gross prole (Uhug kasar Portal conte Pindopolis Expert Adriver Seling interest Foredani Primary Perm Decoremetion 0.000 15.000 DOW15 interim ordinary vidend Dichter Net profeuntung 285.000 250.000 Notes Noten Sales for the first fue month of the year with the total for the year 2020 Grow pro constant during the intak fems butan pertama dalam tahu perime tepede ju www.2020 Mpingatho) of the rest expen, RM10.00 to the sur Sarikat Sunny or we went to 2020 A .000 interest is on a babae 12000 den RAT.000 berkaitan dengan tanah daripada bekar Sury bagi pembayaran lewat type 30 Apr 2020.000 de yoga fedah atas para bang paderi 2000) Selling en include Rohac deben sade court of whom the Syarikat Surf goods sold in September 2000 ang lapok R3.000 menakan tangan pada pendant Sierade SR Sunny SMS.000 below W. Rental income for period of 1 Jan 2000 to 21 December 20. Panda 2000 2000) Required: (Ditahandak) Prepare worksheet om die presconton and on ncorporation profits. Sediakan beruntung pertadanan dan sedert Prepare a statement of comprehension for the ended 31 October 2000 Sediakan penyata pendapatan ke bawer2020) Q4. Danny Bhd was incorporated on 1 April 2020 to acquire the business of Syarikat Sunny from 1 November 2019. Below is the Statement of Comprehensive Income of Danny Bhd for the year ended 31 October 2020. (Danny Bhd telah diperbadankan pada 1 April 2020 untuk mengambil alih perniagaan Syarikat Sunny bermula 1 November 2019. Di bawah merupakan Penyata Pendapatan Komprehensif Danny Bhd bagi tahun berakhir 31 Oktober 2020.) RM RM 1,000,000 Sales (Jualan) Opening inventory (Inventori awal) Purchases (Belian) 35,000 520,000 555,000 (55,000) (500,000) 500,000 36,000 Closing inventory (Inventori akhir) Cost of sales (Kos jualan) Gross profit (Untung kasar) Rental income (Pendapatan sewa) Expenses (Belanja-belanja): Administrative (Pentadbiran) Selling (Jualan) Interest (Faedah) Preliminary (Permulaan) Directors' remunerations (Gaji pengarah) 60,000 150,000 21,000 2,000 15,000 37.000 Interim ordinary dividend (Dividen interim saham biasa) Net profit (Untung bersih) (285,000) 251,000 Notes (Nota-nota): 1. Sales for the first five months of the financial year are one fifths of the total sales for the year 2020. Gross profit margin is constant during the year. (Jualan untuk lima bulan pertama dalam tahun kewangan adalah satu per lima daripada jumlah jualan bagi tahun 2020. Margin untung kasar adalah konstan sepanjang tahun.) ii. a of the interest expense, RM10,000 relate to interest paid to the supplier of Syarikat Sunny for late settlement. It was settled on 30 April 2020. Another RM5,000 interest is on a bank loan taken out 1 January 2020. (Bagi belanja faedah, RM10,000 berkaitan dengan faedah dibayar kepada pembekal Syarikat Sunny bagi pembayaran lewat. Ianya dijelaskan pada 30 April 2020. RM5,000 faedah yang lain adalah faedah atas pinjaman bank yang dibuat pada 1 Januari 2020.) ii. Selling expenses include RM4,000 of bad debts, RM3,000 being bad debts on account of debtors taken over from the Syarikat Sunny and RM5,000 in respect of goods sold in September 2020. (Belanja jualan termasuk RM4,000 hutang lapuk, RM3,000 merupakan hutang lapuk daripada penghutang yang diambil alih daripada Syarikat Sunny dan RM5,000 berkaitan barang yang diual dalam September 2020.) iv. Rental income for period of 1 January 2020 to 31 December 2020. (Pendapatan sewa adalah untuk tempoh 1 Januari 2020 sehingga 31 Disember 2020.) Required: (Dikehendaki:) a. Prepare a worksheet in column to determine the pre-incorporation and post- incorporation profits. (Sediakan helaian kerja berkolum dalam menentukan untung pra perbadanan dan selepas perbadanan.) (15 m) b. Prepare a statement of comprehensive income for the year ended 31 October 2020. (Sediakan penyata pendapatan komprehensif bagi tahun berakhir 31 Oktober 2020.) (8 m) c. Prepare journal entry to record the pre-incorporation profit/loss. (Sediakan catatan jurnal untuk merekod untung/rugi sebelum perbadanan.) (2 m) Total (Jumlah) (25 m)

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