QUESTION 3 Medina, a sole proprietor commenced her business, Medi Handicraft Shoppe on 1 January 2016. The following is the trial balance of the business as at 31t December 2016. Debit (RM Credit (RM) Accounts Purchases Return inwards Fulongoe Carriage expenses butih atub Rental expenses Motor vehicle expenses k ma todo Office expenses Uilities expenses Salarv Investment in Amanah Saham Nasional Motor vehicle (cost) Fumitre (cost) Cash Bank 100,734 3,670 4.700 Sr 14,5001 5,050 Ftua 2,100 3,430 8,000 11,000 90,000 75,500 27,186 36,700 25,330 202,650 101,000 1,060 51,000 49.640 550 2,000 Sales | 10% Loan from Bank Rakai Allowance for doubtful debt PHR 407900 407 Additional Information: I. Inventory as at 31 December 2016 was valued at RM20,000. 2. Depreciation is provided as follows: Motor vehicle at 20% on cost, yearly basis. Furniture at 20% on bookvalue, yearly basis. 3. Andy, a debtor of the business owed RM330 but he has passed away on 30 November 2016. This amount need to be written off 4. Uncollectible accounts are estimated to total RM2.500 at the end of the period