Question 2: Limited Liability Company The following information has been extracted from the books of Sunny, a limited liability company, as at 31 October 2020. Dr RM'000 RM'000 Cash 215 Insurance 75 Inventory at 1 Nov 2019 350 General expenses 114 Energy expenses 66 Marketing expenses 50 Wages and salaries 715 Share premium account 200 Retained earnings at 1 Nov 2019 315 Allowance for doubtful debts 1 Nov 2019 40 Sales revenue 5,780 Telephone expenses 80 Property expenses 100 Returns inward 95 Trade payables 290 Trade receivables 900 Purchases 3,570 Bad debts 15 RM1 ordinary shares 1,800 Accumulated depreciation at 1 Nov 2019 Buildings 360 Motor vehicles 80 Furniture and equipment 4201 Buildings at cost 1,500 Motor vehicles at cost 240 Furniture and equipment at cost 1,200 9,285 9,285