Question 1 Soalan The following account balances were taken from the adjusted trial balance for On-Time Equipment Services Sdn. Bhd., a firm which producing food processing machine equipment as at 30 June 2016 Balik beri diambil darle a badlakan bagi Sya On-Time Buiment Services Sdn Bhd, balara yang mengeluarkan man puran peruna pada berakhir 30 2016.) Debit (RM) Accounts Capital Inventory 1 July 2015 Credit (RM) 1,300,000 450.000 700,000 900,000 1,020,000 102,000 450,000 45,000 300,000 30,000 150,000 15,000 500,000 903,300 600,000 18,000 Buildings Plant & Machinery Accumulated Depreciation - Plant & Machinery Motor Vehicles Accumulated Depreciation - Motor Vehicles Fixtures & Fittings Accumulated Depreciation - Fixtures & Fittings Office Equipment Accumulated Depreciation Office Equipment Fixed Deposits at Malaya Bank Berhad Account Payables Account Receivables Provision for Doubtful Debts Purchases Carriage Inwards Duty Import on Purchases Wages Telephone Expenses Utilities Office Supplies Interest on Loan Bad Debts Other Expenses Revenue Discount Received on Purchase 1,060,000 140,000 100,000 160,000 600 24,000 3,000 20,000 2,000 500,000 4,500,000 4,000 260,000 Bank Loan from Aflen Berhad Dividend Revenue Advertising Water and Electricity 200,000 225,000 1,000 1.700 7.342.300 7.342.300 Additional information: Mama tambahan Depreciation of the non-current assets is to be provided as follows: Sur la bagi bukan semasa adalah seperti berikut: Non-Current Asset Percentage Method Plant & Machinery 5% Straight Line method Motor Vehicles 10% Reducing Balance method Fixtures & Fittings 3% Straight Line method Office Equipments 2% Straight Line method Closing inventory is valued at RM250,000. mentori akhir dinilaikan pada jumlah RM750,000. RM2,000 of the outstanding's account receivables amount needs to be written off bad debt. RM3,000 daripada baki samana am penghutang perlu dihapuskan sebagai hutang lapuk RM250 of advertising amount was still unexpired. RM50 daripada jumlah pengiklanan masih belum lama tempoh RM150 of electricity expenses was excluded. (RM150 daripada jumlah belanja elektrik belum diambil kira Interest on loan is paid in advance for the period of 4 months. The rate of interest on loan is charged based on 7.5% (annual basis) of total Loan from Affan Berhad. unga alas plantan selama 4 bulan telah dibayar terdahulu. Kadar bunga alus plyman dikenakan berdasarkan kepada 7.5% lahutan) daripada jumlah Piyaman dari Affan Berhad.] 3 months of Dividend Revenue is earned but not yet deposited by the Malaya Bank Berhad. The dividend is distributed based on 5% return annually. [3 bulan dari jumlah hasil dividen tahun semasa masih tidak diterima dari Malaya Bank Berhad Dividen diagihkan berdasarkan pulangan pendapatan tahunan. Provision for doubtful debt is to be adjusted to 3% of outstanding account receivables. Peranan bagi Awang ragu untuk direlaraskan adalah daripada am ballpenplan You are required to answer the following questions: Anda dikehendakil tuk menjawab soalan-soalan berikut: Prepare Statement of Comprehensive Income for the year ended 30 June 2016. Sediakan Penyata Pendapatan Komprehensif bagi tahun berakhir 30 Jun 2016.) (15 Marks / Markah) (b) Prepare Statement of Financial Position as at 30 June 2016. Sediakan Penyata Kedudukan Kewangan pada 30 Jun 2016.) (10 Marks / Markah)