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QUESTION 3 300 Damai Sdn Bhd Adjusted Trial Balance as at 31 July 2019 Debit (RM'000) Credit (RM'000) Cash 3,700 Accounts Receivable 1,200 Notes Receivable

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QUESTION 3 300 Damai Sdn Bhd Adjusted Trial Balance as at 31 July 2019 Debit (RM'000) Credit (RM'000) Cash 3,700 Accounts Receivable 1,200 Notes Receivable 800 Supplies Prepaid Insurance 2,500 Office Furniture 15,000 Accumulated Depreciation - Office Furniture 1,625 Accounts Payable 1,500 Notes Payable 1,000 Salary Payable 350 Unearned Service Revenue 1,800 Ordinary Share Capital 10.000 Retained Earnings (1 Aug 2018) 2,000 Dividends 600 Service Revenue 7,700 Salaries Expense 400 Telephone Expense 300 Insurance Expense 200 Supplies Expense 500 Depreciation Expense - Office Furniture 125 Petrol Expense 350 TOTAL 25,975 25,975 Required: (a) Prepare Statement Profit or Loss for the year ended 31 July 2019. (b) Prepare Retained Earnings Statement for the year ended 31 July 2019. (c) Prepare Statement of Financial Position as at 31 July 2019. (30 marks)

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