QUESTION 3 (30 MARKS) (a) Prepare a trial balance in the books of Aqlan Sdn Bhd as at 31 December 2021. Item Sales Purchases Return inwards Return outwards Carriage outward Opening inventory Closing inventory Electricity, telephone and water Discount allowed Discount received Salary Repair and motor vehicle Printing and stationary Account receivable Account payable Long term loan Bank Cash Motor vehicle Furniture and fittings Capital Drawing RM 100,000 45,000 100 140 330 1,200 2,200 200 130 180 3,400 690 300 8,000 13,000 10,000 19,500 500 30,000 20,400 7,230 800 (12 marks) (b) Describe TWO (2) types of errors that cause a trial balance to disagree. (c) Classify each of the following, write R for revenue expenditure and C for Capital expenditure. i. Replace a broken window in a factory. (1 marks) ii. Installing an air conditioning system in a car used for business purposes. (1 marks) iii. Payment for repairs of refrigerator. (1 marks) iv. Cost of preliminary test on a new machine. (1 marks) (d) Goldenfox Sdn Bhd. purchased a machinery for RM50,000 on 15 March 2019. Calculate the depreciation charged for 2019, 2020 and 2021 using reducing balance method at 15% depreciation per year. REQUIRED: Prepare the relevant table that show: i. The total cost (1 marks) ii. Depreciation charged (3 marks) iii. Accumulated depreciation (3 marks) iv. Net book value of the asset