Question 4 - Presentation Batik Uniform Sdn. Bhd. is a business owned by Mr. Rashid. Currently, Batik Unifom Sdn. Bhd. produces and distributes quality unifoms including industrial unifoms, medical apparels and safety apparels to various customers. For the year ended 31 December 2016, the company's financial statement is as follows: Note RM000 RM1000 2,300 970 1,330 Sales Less: Cost of sales Gross profit Less: Operating expenditure Marketing & Promotion Expenses Payroll costs Employees Provident Fund (EPF) Professional fees and subscriptions Depreciation Utilities Provision for doubtful debts Other expenses Donations Daun Add: Other income Net profit before taxation 1. Notes: Included under cost of sales are: Damaged stocks written off Provision for the foreign exchange loss expected upon payment ofraw material textile) purchased RM27,000 RM32,000 Marketing andpromotionexpenses include: Donation of school uniforms to Bestan School Participation in an approvedintemational trade fairs Customers entertainment relating wholly to sales RM 5,700 RM14,300 RM 3,000 Question 4 - Presentation Batik Uniform Sdn. Bhd. is a business owned by Mr. Rashid. Currently, Batik Unifom Sdn. Bhd. produces and distributes quality unifoms including industrial unifoms, medical apparels and safety apparels to various customers. For the year ended 31 December 2016, the company's financial statement is as follows: Note RM000 RM1000 2,300 970 1,330 Sales Less: Cost of sales Gross profit Less: Operating expenditure Marketing & Promotion Expenses Payroll costs Employees Provident Fund (EPF) Professional fees and subscriptions Depreciation Utilities Provision for doubtful debts Other expenses Donations Daun Add: Other income Net profit before taxation 1. Notes: Included under cost of sales are: Damaged stocks written off Provision for the foreign exchange loss expected upon payment ofraw material textile) purchased RM27,000 RM32,000 Marketing andpromotionexpenses include: Donation of school uniforms to Bestan School Participation in an approvedintemational trade fairs Customers entertainment relating wholly to sales RM 5,700 RM14,300 RM 3,000