Question 2 The following is the trial balance of Nakamichi Fruits Drink Sdn. Bhd. as at 31 March 2020: Debit Credit Additional information: RM RM 1. The inventories as at 31 March 2020 were as follows: Royalty 36,000 RM Purchases of raw materials 577,008 Raw materials 45,000 Allowance for unrealised profit as at 1 April 2019 1,008 Work-in-progress 18,000 Office equipment 72,000 90,000 Finished goods 54,000 Manufacturing workers wages Ordinary shares of RMI each 246,600 Insurance for office building 43,200 2. Finished goods manufactured are transferred to the store at a mark-up of Utilities 72,000 20%. Inventories as at 1 April 2019: Raw materials 25,200 3. Depreciation for non-current assets is based on the following rates: Work-in-progress 21,600 Factory machinery : 10% per annum on straight line method Finished goods at mark-up of 20% 43.200 Office equipment : 15% per annum on reducing balance method Accumulated depreciation as at 1 April 2019: Factory machinery 14,400 4. As at 31 March 2020, prepaid factory rental was RM9,000 and utilities Office equipment 3.600 unpaid was RM18,000. The utilities expenses are apportioned 70% to Revenue 1,620,000 factory and 30% to administration department. Purchases returns 1,800 Factory rental 36,000 Factory manager's salary 64,800 Factory machinery at cost 720,000 Administrative staff salaries 54,000 General administrative expenses 32,400 1,887,408 1,887,408 Required: (a) Prepare the manufacturing account of Nakamichi Fruits Drink Sdn. Bhd. for the year ended 31 March 2020. (b) Prepare the statement of profit or loss of Nakamichi Fruits Drink Sdn. Bhd. for the year ended 31 March 2020. (c) Prepare relevant extracts of the statement of financial position of Nakamichi Fruits Drink Son. Bhd., clearly showing the current assets as at 31 March 2020