• Principle of Accounting.

please attached working sheet files.

Question 1 Footie Leg Consultants provides soccer clinic to aspiring soccer players in Klang Valley Footie .eg Consultants has a financial year ending 28 February 2019. The trial balance of Footie Leg Consultants as at 28 February 2019 is shown below: Footie Leg Consultants teadjusted Trial Balance as at 28 February 2019 Debit (RM) Credit (RM) Accounts Receivable 90,000 Stationery Expense 3000-5.000 Bad Debes 4100 Maintenance of machinctics 4.500 Discounts Allowed 7,200 General expenses 6.000 Stock of statistics 5000 5.000 Cash in hand 10.000 Interest on Loan 9.000 Loan given to staffs 18.000 Telecommunication en 000.000 PREPAID THLECOMMUNICATION 1.000 Withdrawals 27.000 Fittings 35.000 Rental Expense 39,000 PREPAID DISTRIBUTION 5.000 Distribution Expenses S0.000-5.000 Salaries 54.000.000 Bank 130.000 Fixed deposits 150.000 Building 180.000 Machineries $40.000 Land 900.000 RENTAL RECEIVABLE 5.000 SALARIES PAYABLE 3,000 Accounts Payable 56.000 Loan Received from Maybank 350,000 Consultation Fecs 615.000 Interest on fixed deposits 43.000 Rental Received 20,000+ 5.000 Discounts Received 16,000 Capital 1.200.000 TOTAL 2.300.000 2.100.000 Additional Information 1 10% of the distribution expense had been prepaid. Salaries for the month of February 2019 is still outstanding by RM4,000 The telecommunication expense account includes the payment for March 2019 of RM1,000 Rental of RM5,000 is yet to be received. Inventory of Stationeries as at 28 February 2019 showed a balance of RM 3.000 caly w You are required to prepare 2. Profit & Loss Statement for the year ended 28 February 2019 b. Statement of change in equity for the year ended 28 February 2019 6 Balance Sheet as at 28 February 2019 (30 marks)