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QUESTION 1 The following is the adjusted trial balance for Pusat Tuisyen Bijak Bistari (PTBB) on 31 October 2019, owned by Miss Mary: Bijak Bistari
QUESTION 1 The following is the adjusted trial balance for Pusat Tuisyen Bijak Bistari (PTBB) on 31 October 2019, owned by Miss Mary: Bijak Bistari Tuition Center (PTBB) Adjusted Trial Balance As at 31 October 2019 Debit (RM) Credit (RM) Cash 1,000 Supplies 300 Prepaid Insurance 2,000 Equipment 24,000 Accumulated Depreciation - Equipment 4,900 Accounts Payable 2,400 Unpaid rent 600 Unpaid Notes 4,000 Modal, Miss Mary 15,300 Take it, Miss Mary 2,400 Results 4,900 Utility Shopping 400 Supply Spending 800 Insurance Expenses 200 Depreciation Spending 400 Rental Shopping 600 Amount 32,100 32,100 Be required: a) Prepare PIBB Income Statement for the month ended 31 October 2019. b) Prepare the PTBB Owner's Equity Statement for the month ended 31 October 2019. c) Prepare the Statement of Financial Position of PTBB as at 31 October 2019. d) Prepare closing notes on 31 October 2019
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