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Presented below is the unadjusted trial balance for Hanif Real Estate Agency for the month of Oct 2019 Haniff Real Estate Agency Unadjusted trial balance
Presented below is the unadjusted trial balance for Hanif Real Estate Agency for the month of Oct 2019 Haniff Real Estate Agency Unadjusted trial balance as at 31 Oct 2019 Accounts Debit(RM) Credit(RM) Cash 77,900 Capital 71,000 Furniture 3,500 AP World 1,500 Prepaid Insurance 6,000 Salary 1500 Rent 1500 AR Billy 4500 Unearned Service Revenue 7700 Service Revenue 15,000 Utilities 300 95,200 95,200 Additional Information: Deprecation for the month on June are as follow: Furniture : RM700 Van : RM3,000 Rent for the month of Oct was RM1,000 only. RM1,700 of unearned revenue has been earned. Actual utilities incurred for the month of Oct was RM800 RM1,000 prepaid insurance has expired. Required: Prepare: a) Journal entries for the adjustments b) an adjusted trial balance as at 31 Oct 2019 c) Statement of Profit or Loss for the month ended 31 Oct 2019 d) Statement of Owner's Equity for the month ended 31 Oct 2019 e) Statement of Financial Position as at 31 Oct 2019 Presented below is the unadjusted trial balance for Hanif Real Estate Agency for the month of Oct 2019 Haniff Real Estate Agency Unadjusted trial balance as at 31 Oct 2019 Accounts Debit(RM) Credit(RM) Cash 77,900 Capital 71,000 Furniture 3,500 AP World 1,500 Prepaid Insurance 6,000 Salary 1500 Rent 1500 AR Billy 4500 Unearned Service Revenue 7700 Service Revenue 15,000 Utilities 300 95,200 95,200 Additional Information: Deprecation for the month on June are as follow: Furniture : RM700 Van : RM3,000 Rent for the month of Oct was RM1,000 only. RM1,700 of unearned revenue has been earned. Actual utilities incurred for the month of Oct was RM800 RM1,000 prepaid insurance has expired. Required: Prepare: a) Journal entries for the adjustments b) an adjusted trial balance as at 31 Oct 2019 c) Statement of Profit or Loss for the month ended 31 Oct 2019 d) Statement of Owner's Equity for the month ended 31 Oct 2019 e) Statement of Financial Position as at 31 Oct 2019
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