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Please answer in text(without image) it is easy to copy The following information relates to Tako: i. On 1 July 2020, Tako began to let
Please answer in text(without image) it is easy to copy
The following information relates to Tako: i. On 1 July 2020, Tako began to let out its property for a monthly rent of RM15,000. As of 30 April 2021, rent of 2 months remained outstanding. ii. On 1 May 2020. Tako had a prepaid insurance of RM9,000. On 1 September 2020. Tako renewed its insurance policy and made a payment of RM37,200 for insurance service period between 1 September 2020 and 31 August 2021. Required: Prepare the following for the month of April 2021: a) Rent account (3 marks) b) Insurance account (3 marks) c) (3 marks) Statement of profit or loss (extract) Statement of financial position (extract) c)Step by Step Solution
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