PLEASE ANSWER a) and b). Thank You.

4. At 30 September 2015, computer repair cxpenses RM1,700 were accrued and salarics and wages were prepaid RM5,200. The 8% bank loan was received on 1 January 2015. Depreciation is to be charged at the of the ycar as follows: (i) Fixtures and fittings at the rate of 15% per annum using the straight-line method. (ii) Computer equipment at the rate of 25% per annum using the reducing balance QUESTION 1 5. 6. Mariam is in business as a retailer. The following balances were cxtracted from the books of Mariam Enterprise as at 30 September 2015 RM 190,000 21,000 150,000 28,000 40,000 method. Canital at 1 Octoher 2014 Drawing Land and buildings (at cost) Fixtures and Fittings (at cost) Computer cquipment (at cost) Required: a) Prepare the income statement for the year ended 30 September 2015. b) Prepare the balance shect as at 30 Scptember 2015 (14 marks) (11 marks) (Total: 25 marks) Fixtures and Fittings 19,000 12,000 50,000 2,000 10,000 4,070 60,000 31,000 365,000 135,000 8,900 4,250 33,500 18,630 19,150 31,600 86,700 14,000 22,400 13,700 Computer equipment 896 loan Loan interest paid Barnk Account reccivables Account payables Sales Purchases Goods returned by customers Return outwards Inventory at 1 October 2014 Delivery expenses Computer repairs expenses Gencral running expcnscs Salarics and wages Marketing costs Discount allowed Discount received Additional information: 1. Inventory as at 30 September 2015 was valued at RM36,550. 2. An invoice for a credit purchase of goods RM6,500 had been misplaced and no entries had been recorded in the books. 3. The purchase of fixtures and fittings, RM4,000 had been included in the general uning expeiseS. Continued Continued