QUESTION 2 (25 MARKS: 45 MINUTES) Sintok Cleaning Service's trial balance on 31 December 2017 is as follows. Sintok Cleaning Service Trial Balance 31 December 2017 RM RM Cash Accounts Receivable Cleaning Supplies 42,600 10,360 22,850 Prepaid Rent Office Equipment Accounts Payable Unearned Cleaning Revenue Faisal, Capital Faisal, Withdrawals Cleaning Revenue 4,500 11,240 Accumulated Depreciation - Office Equipment 1,640 4,740 3,750 30,000 5,000 120,000 44,000 15,000 4,580 160,130 160,130 Salaries Expense Rent Expense Utilities Expense Additional information: 1. Ending inventory of cleaning supplies is RM1,540. 2. Prepaid rent expired is RM1,500. 3. Depreciation of office equipment for the period is RM810. 4. Salaries accrued at the end of period is RM4,000. 5. On 1 November 2017, a contract for three months was signed to provide cleaning service to a customer for a fixed monthly charge of RM1,250. The contract was effective immediately and the customer paid three months' service in advance. 6. Cleaning revenue earned but not billed is RM1,740. REQUIRED: (a) Prepare the adjusting entries. (6 Marks) (b) Post the adjusting entries to the ledger accounts. (5 Marks) (c) Prepare the following for Sintok Cleaning Service: (i) Adjusted Trial Balance as at 31 December 2017. (5 Marks) (ii) Statement of Profit or Loss for the year ended 31 December 2017. (3 Marks) BKAFI823 INTRODUCTION TO FINANCIAL ACCOUNTING (iii) Statement of Owner's Equity for the year ended 31 December 2017. (2 Marks) (iv) Statement of Financial Position as at 31 December 2017. (4 Marks)