PARTB QUESTION 1 The following trial balance was extracted from the books of Aidil Enterprise as at 31 March 2022 : 1. Inventory as at 31 March 2022 was valued at RM15,000. 2. The total amount of interest on loan in the trial balance was for the period of 12 months starting 1 August 2021. 3. RM500 need to be written off as bad debt as one of the credit customer was declared bankrupt and allowance for doubtful debt is to be adjusted to RM750. 4. Depreciations for the year are to be provided on yearly basis as follows: 5. The owner took goods worth RM500 for his personal use and no record has been made. 6. The 3% fixed deposit was invested by the business on 1 April 2021. The interest on fixed deposit was still outstanding on 31 March 2022. 7. The following adjustments are to be considered for the period: Required: a. The Statement of Profit or Loss for the year ended 31 March 2022. (20 marks) b. The Statement of Financial Position as at 31 March 2022. (12 marks) Note 1: Use vertical format presentation for both statements and show all calculations. Note 2: Calculate to the nearest RM. (Total: 32 marks)