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Please help me .. Please help me . Its urgent .. Please help . Please safe me . Q1. Mr. Boiboi is the owner of

Please help me .. Please help me . Its urgent .. Please help . Please safe me .

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Q1. Mr. Boiboi is the owner of Yes Brand Trading. His business principal is selling smart home and digital devices. The following balances were taken as at 30 June 2021. Credit RM Debit RM 43,200 3,060 480 4,440 1,800 3,240 360,000 1,800 Inventory as at 1 July 2020 Advertisement Dividend received Insurance Electricity and water Interest received Bad debt Sales and purchase Discount received and allowed Carriage inwards Carriage outwards Return inwards and outwards Cash Bank Capital Loan from Commerce Bank Provision for doubtful debt Accumulated depreciation as at 1 July 2020: Office equipments Motor vehicles Account receivables and payables Freehold land (cost) Office equipments (cost) Motor vehicles (cost) Patent Drawings 4,500 234,000 1,080 1,260 720 10,800 900 12,240 16,200 191,520 216,000 360 1,800 30,600 162,000 122,400 432,000 7,200 90,000 10,800 3,600 984,000 984,000 Additional information: (1) One of the customer, Mr Vicky was declared bankrupt and unable to settle his debts. The customer still owed RM25,400. (2) Interest received is for the period from 1 July 2020 to 30 September 2021. (3) Provision for doubtful debts is to be adjusted to 1% of the remaining account receivables. (4) There are insurance paid in advance amounting to RM1,200, while electricity and water bills amounting RM240 was still outstanding at the end of the accounting period. (5) Annual depreciation is to be charged as follows: (a) Motor vehicles are being depreciated at 20% per annum on net book value. (b) Office equipments are being depreciated at 10% per annum on cost. (6) Mr. Boiboi had withdrawn RM1,500 worth of goods and RM100 of cash for his daughter's education expenses. No record has been made in the accounts. (7) Inventory as at 30 June 2021 was valued at RM125,000. REQUIRED: (a) Prepare the Statement of Comprehensive Income for the year ended 30 June 2021. (14 marks) (6) Prepare the Statement of Financial Position as at 30 June 2021. (12 marks)

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