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QUESTION 3 (20 MARKS) A. Chenta Herbs is owned by Cinta Sofea which engaged in supplying herbs products manufactured in Indonesia and Thailand. The
QUESTION 3 (20 MARKS) A. Chenta Herbs is owned by Cinta Sofea which engaged in supplying herbs products manufactured in Indonesia and Thailand. The statement of profit or loss of Chenta Herbs for the year ended 31 December 2021 is as follows: Statement of Profit or Loss for the year ended 31 December 2021 Turnover Less: Cost of Sales Gross profit Gain from disposal of machine Interest income from Maybank Note RM 1 RM 625,000 (370,000) 255,000 9,000 25,000
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