Prepare question 1 & 2

The following list of balances has been extracted from the books of Maju Entreprise at 30 September 2019. DEBIT CREDIT RM RM Capital (at 1 October 2018) 20,000 Short Term Loan account 2,000 Drawings 1,750 Motor Vehicles 8.000 Furniture and fittings 500 Plant and machinery 5,500 Inventory (at 1 October 2018) 8,000 Cash 250 Purchases 86,046 Sales 125,235 Accounts receivables 20,280 Accounts payable 10,056 Bank charges 120 Bank 400 Rent 2,000 Return inwards 186 Return outwards 135 Wages and salaries 11,750 Traveling expenses 1,040 Carriage inwards 56 Sundry expenses 48 Interest 138 General expenses 2,056 Carriage outwards 3.462 Printing and stationery 6,120 157,564 157,564 Note: The closing inventory is RM 10,000 Required: 1) Prepare the Statement of Profit and Loss (Income Statement) as at 30 September 2019. [25 marks] 2) Prepare The Statement of Financial Position (Balance Sheet) of Maju as at 30 September 2019