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Please answer question ii) . Thanks in advance Trial balance as at 30 June 2021 Debit RM Credit RM 12.144,600 5,850,000 1,000,350 1,867,320 46,000 162,630
Please answer question ii) . Thanks in advance
Trial balance as at 30 June 2021 Debit RM Credit RM 12.144,600 5,850,000 1,000,350 1,867,320 46,000 162,630 Revenue Cost of sales Distribution costs Administrative costs Investment income Allowance for impairment of trade receivables Accumulated depreciation as at 1 July 2020. Plant and equipment Building Trade payables Ordinary shares Retained earnings, 1 July 2020 6% Loan from MMB Bank (taken on 1 January 2021) Tax paid Inventories, 30 June 2021 3.276,000 292,500 1,649,700 9,360,000 2.019,420 585,000 819,000 2,199.600 3. At the end of June 2021, a fire incident occurred causing damages to several units of air conditioning unit and spare parts in the warehouse of the company. Due to that unexpected incident, the company's inventories costing RM400.000 could only be sold for RM200,000 m 18 UAE U uw years eSTU W W NIVION, VVU. ii. The net realisable value of the closing inventory was RM2,180,000 The interest an loan for Mac and luna 2021 e still wina Trial balance as at 30 June 2021 Debit RM Credit RM 12.144,600 5,850,000 1,000,350 1,867,320 46,000 162,630 Revenue Cost of sales Distribution costs Administrative costs Investment income Allowance for impairment of trade receivables Accumulated depreciation as at 1 July 2020. Plant and equipment Building Trade payables Ordinary shares Retained earnings, 1 July 2020 6% Loan from MMB Bank (taken on 1 January 2021) Tax paid Inventories, 30 June 2021 3.276,000 292,500 1,649,700 9,360,000 2.019,420 585,000 819,000 2,199.600 3. At the end of June 2021, a fire incident occurred causing damages to several units of air conditioning unit and spare parts in the warehouse of the company. Due to that unexpected incident, the company's inventories costing RM400.000 could only be sold for RM200,000 m 18 UAE U uw years eSTU W W NIVION, VVU. ii. The net realisable value of the closing inventory was RM2,180,000 The interest an loan for Mac and luna 2021 e still winaStep by Step Solution
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