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please write in a table 5. Following is the trial balance of Happy Enterprise Trial Balance as at 31 May 2012 Dobit Credit RM Sales
please write in a table
5. Following is the trial balance of Happy Enterprise Trial Balance as at 31 May 2012 Dobit Credit RM Sales Purchases Opening Inventory Carriage outwards Carriage inwards Returns inwards Returns outwards Salaries and wages Motor Expenses Rent Sundry expenses Motor vehicles Fixtures and Fittings Debtors Creditors Cash at bank Cash in hand Drawings RM 11,556 3,776 328 234 440 355 2,447 884 576 1,202 2,400 600 4,577 3045 3,876 120 2,050 12,844 Capital 34,844 34,844 Inventory as at 31 May 2012 was RM4, 998. You are required to: (a) Prepare an income statement for the year ended 31 May 2012 (b) Prepare a balance sheet as at 31 May 2012Step by Step Solution
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