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(6 marks) Required: Question 2 a. Prepare the Statement of Comprehensive Income for the year ended 31 Below is the Trial Balance of L&G Trading as at 31 December 2019 December 2019. b. Prepare the Statement of Financial Position as at 31 December 2019. (12 marks) RM RM Capital (8 marks) 300,000 Computer & Software 30,000 Office Equipment 12,500 Question 3 Motor Vehicles 285,000 Sales 885.500 Wendy opened a hair care products shop in Georgetown in September 2020. During the Purchases 525,000 first month of operations, the business completed the following transactions. Sales Returns 3,150 Sep 1 Wendy invested RM80,000 cash into the business. Purchases Returns 1.550 Carriage Inwards 1,450 Sep 2 She obtained a bank loan of RM80,000 for the business Fire Insurance 2.640 Sep 8 Bought goods on credit for RM75,000 from Century Saloon Supply Rental 72,000 Sep 10 Distributed free sample worth RM1,000 from her stocks Water & Electricity 24,650 Salaries 108.000 Sep 12 Shampoo costing RM180 was taken from business stock as a personal gift to her friend Sundry Expenses 750 Sep 16 Purchased a cash register worth RM2,500 on credit from Smart Solution Printing & Stationery 880 3.430 Sep 17 Brought in his personal computer worth RM3.800 for business use Telephone Charges Opening Stocks 42.350 Sep 19 Installed a security system for his office, total bill received from his Incentive 5.700 supplier, Secure System was RM9,600 Discount Received 650 Sep 24 Withdrawn goods bought for resale for her personal use, value of the Cash in Hand 2.550 goods was RM680 Sep 28 Withdrew RM800 from business bank account for her personal use Cash at Bank 19.620 Trade Receivables 74.500 26.470 Required: Trade Payables 1.214.170 1.214.170 Record the above transactions in the GENERAL JOURNAL. Narratives are not required (20 marks)