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Please answer this question. Prepare super maju enterprise's income statement for the year ended 31 december 2021 Question 2 The folowing Iist of balances was
Please answer this question.
Question 2 The folowing Iist of balances was extrocted from the books of Super Maju Enterprise as at 31 December 2021. The folowing addifional information is avalable as at 31 December 2021: a) Rent revenue received in advance amounting to RM750. b] The loan from Alfin Bank was taken on 1 July 2021 and the interest charged is 8% per annum. c) Depreciation: Motor vehicle - 20% per annum on reducing balance method. Fixtures and tittings - 10% per annum on straight ine method. d) Rate accrued was RMS0. e) Insurance expenses amounfing to RM360 is for January 2022. 1) Commission revenue of RM500 was stili not received. 9) Provision for doubtful debts should be increased by RM750. h) The owner took RM1,000 cash to pay his son's hospital bill. i) Inventory as at 31 December 2021 is RM19,050 Prepare super maju enterprise's income statement for the year ended 31 december 2021
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