Question 4 Below are adjusted Trial Balance of Gabriel as at 31 December 2019: RM 71, 600 Purchases & Sales Salaries Motor expenses Rent & business rates Building insurance Vehicle insurance Motor vehicles Fixtures Cash in hand Cash at bank Drawings Long terms loan Capital Account receivable Account payable RM 29, 050 4, 650 18,600 2, 300 1, 800 2, 400 20,000 35,000 1,000 2,500 24,000 30,000 38, 550 23, 350 162, 150 19, 500 162, 150 Additional information: 1. Closing inventory as at 31st December 2019 are RM8, 000. ii. Building insurance in advance at 31st December 2019 is RM300. Required: a) Show to Gabriel statement of profit and loss for the year ending 31 December 2019. (13 marks) b) Prepare for Gabriel statement of Financial Position as at 31 December 2019 (16 marks) [Total = 29 marks]