QUESTION $1[35$ MARKS$]$

EBAB $123$ Semetter $22023/2024$

The following accounts balances were extracted from the book of Joy Trading for the year ended $31$ December $2023.$

$\backslash$table$[[\backslash$table$[[$Capital$]],$Debit $($RM$),$Credit $($RM$),],[$Purchases and sales,,$517,800,],[\backslash$table$[[$Bank$]],720,000,1,078,530,],[\backslash$table$[[$Bank$],[$Cash$]],,,],[$Insurance on purchases,$8,600,,],[\backslash$table$[[$Plant and machinery$]],280,000,,],[$Motor vehicles,$160,000,,],[$Office equipment,$80,000,,],[$Land and buildings,$280,00,,],[$Loan from Bank Kerjasama,,$100,00,],[$Long term investment,,,$],[$Carriage inwards,,$200,],[$Inventory on $1$ January $2023,,,400,],[$Commission received,,,$13,600],[$Return inwards and return outwards,,$19,000,8,000],[$Water and electricity,,$10,230,],[$Telephone and internet,,$3,200,],[$Rental income,,,$9,600],[$Repairs on motor vehicles,,$2,800,],[$Accounts receivable,,$90,500,],[$Accounts payable,,,$27,000],[\backslash$table$[[$Accounts palaries$],[$Sals febts$]],,33,900,3500],[\backslash$table$[[$Salaries$],[$Provision for doubtful debts$]],,,20,800],[$Mortgage on plant,,$16,700,],[$Advertising$,,,5,500],[\backslash$table$[[$Advertising$],[$Dividend income$]],,,],[$Dividend$,,,50,400],[$Plant and machinery,,,$48,000],[$Motor vehicles,,$1,882,730,1,882,730$