QUESTION 2 The following is the trial balance extracted from the books of Sajadah Enterprise as at 31 December 2021 owned by Nur Syifaq. Debit Account title RM Credit RM Cash in hand 8,800 Cash at bank 17,200 Purchases and Sales 135,540 272,200 Salaries 42,400 Accounts Receivable 28,600 Allowance for doubtful debts at 1 January 2021 1,450 10% Loan from Comstar Bank 10,000 Freehold Premises 150,000 Office equipment 39.710 Motor vehicles 30,000 Insurance on premises 2,844 Rent received 8,000 Accumulated depreciation as at 1 January 2021: Freehold premises 65,500 Office equipment 12,500 Water and electricity 24,900 Duty on purchases 1,060 Inventory as at 1 January 2021 39,500 Accounts Payable 10,450 Capital as at 1 January 2021 200,000 Sales returns and Purchases retum 3,850 1,930 Traveling expenses 7,900 Carriage inwards 1,820 Drawings 16,406 General expenses 230 Sales discounts and Purchases discount 1,000 1,600 Patent and Trademark 32,000 Repairs on motor vehicles 700 Commission income 1,330 Stationeries 500 TOTAL 584,960 584,960 Additional information: 1. Inventory as at 31 December 2021 was valued at RM12,400. 2. The insurance on premises was paid for one year to 30 June 2022. There was no insurance policy prior to this.