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Question 5 The following balances were extracted from the books of Any Pot thop on 31 Decamber 2022 Additional Information: - The depreciation for building
Question 5 The following balances were extracted from the books of Any Pot thop on 31 Decamber 2022 Additional Information: - The depreciation for building and office equipment is charged at 2% and 20% per annum using the straight-line method respectively. - The depreciation for motor vehicles is charged at 20% per annum using the reducing balance method. - The inventory as at 31 December 2022 was RM15,210. 7 Required: a. Prepare the statement of comprehensive income for the year ended 31 December 2022. (23 marks) b. Prepare the statement of financial position as at 31 December 2022. (17 marks) END OF QUESTION PAPER
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