QUESTION 2 The following trial balance was extracted on Najjah Bhd 31 December 2021. DEBIT (RM) CREDIT (RM) Ordinary shares, issued and fully paid 7%Preference shares, issued and fully paid 1,320,000 200,000 Retained profits 127,060 Tax paid 45,000 Preference dividends paid 5,040 Ordinary dividends paid 43,200 Properties 1,600,000 Motor vehicles 180,000 Plant and machinery 120,000 Gross profit 600,000 Bank 40,000 Cash in hand Inventories 31/12/2021 8,420 64,000 nba/jp/ppd/2 2021/2022 COMMERCE DEPARTMENT Debtors 36,000 Creditors 91,220 Provision for doubtful debts 3,600 Rent 50,000 Water & electricity Salaries General expenses 18,900 172,000 19,320 Accumulated depreciation Plant & machinery 24,000 . Motor vehicles 36,000 2,401,880 2,401,880