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Please help me i will give good rating Here is additional information: 1. Unpaid salary on 31 December 2021 is RM 400 . 2. The
Please help me i will give good rating
Here is additional information: 1. Unpaid salary on 31 December 2021 is RM 400 . 2. The commission of RM1,600 has not been received until December 31 2021. 3. It was found that RM1,500 had been overpaid on advertising expenses. 4. The company has received previous rent of RM1,200. 5. Annual depreciation for vehicles and buildings is as follows the following: a. Vehicle - RM16,000 b. Building - RM 20,000 6. Ending stock is RM20,000 You are wanted: 1. Prepare an income statement for the year ending 2021 for Global Trading. 2. Prepare the balance sheet as of December 31,2021 for GlobalTradingStep by Step Solution
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