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Question 1 a) At the beginning of the year, as at 1 January 2021, Megah Kayangan Sdn. Bhd. (MKSB) owned assets amounting to RM125,000

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Question 1 a) At the beginning of the year, as at 1 January 2021, Megah Kayangan Sdn. Bhd. (MKSB) owned assets amounting to RM125,000 and the owner's equity of RM100,000. During the year, its assets increased by RM30,000 and its liability decreased by RM12,000. The company closed its accounts on 31 December 2021. ii. Calculate the total liabilities of MKSB at the beginning of the year (1 January 2021). (2 marks) Calculate how much is the MKSB owner's equity at the end of the year (31 December 2021). (2 marks) b) The following are the year-end balances in Pak Mat Grocery Shop's ledgers: RM Purchases Sales Cash Bank accounts 42,800 31,300 7,800 32,100 Bank loan 30,000 Motor vehicle 42,000 Expenses 13,000 Inventory 12,200 Trade payables - Ah Kok Supply 15,600 Capital 50,000 Based on the ledgers above, prepare the Trial Balance for Pak Mat Grocery Shop. (5 marks) c) Question i, il and ii are related to the information below: Assets (RM) Owner's Liabilities Equity (RM) Revenues (RM) Expenses (RM) (RM) 103,200 50,000 30,700 X 35,700 Y 100,000 45,800 120,000 73,000 200,000 Z 54,800 93,000 67,800 1. Calculate the value of X. Calculate the value of Y. (1 mark) (1 mark) Calculate the value of Z. (1 mark)

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