Question 2 The following are the ledger balances for May Beauty Parlour for 30 June 2021: Sales Opening inventory Purchases Carriage inwards Wages Rates Discount Allowed Rent Insurance Stationery Commissions paid Interest expense (for 9 months only) General Expenses Office Equipment Bank Overdraft Accounts Receivable Provision for Doubtful Debts Land and Buildings Accounts Payables Mortgage Capital RM 50,450 11,000 34,600 480 6,000 600 700 2,000 160 100 260 240 120 4,000 600 6,800 200 26,400 3,200 2,000 37,010 Below is the additional information which was left out by May's clerk. RM Closing inventory 7,400 Prepaid Insurance 60 Accrued wages 100 Depreciation - Office Equipment 380 Interest expenses unpaid for 3 months 80 The provision for doubtful debts is to be made equal to 6% of the Accounts Receivables Required: Prepare: a. The Statement of Comprehensive Income for the year ended 30 June 2021. (11 marks) b. The Statement of Financial Position as at 30 June 2021. (9 marks)