QUESTION Resources Bhd is a diversified company that oversees several lines of business which includes construction, plantation and consultancy services. The financial statement of the company ended on 30 June each year. The following is the trial balance of the company as at 30 June 2021 and were approved for issue on 15 September 2021. Resources Bhd Trial balance as at 30 June 2021 Revenue Debit RM Credit RM 139,990,000 Cost of sales Distribution costs 67,500,000 2,730,000 Administrative costs 1,519,000 Interests on loan from GT Bank 70,000 Tax paid 3,332,000 Ordinary share capital Retained earnings as at 1 July 2020 Asset revaluation reserve 5% Loan from GT Bank Freehold land Property, plant and equipment: - Building Machinery Equipment Accumulated depreciation as at 1 July 2020: - - Building Machinery Equipment Development cost Investment property Long term investment Closing Inventories Cash & bank balances Trade receivables Allowance for impairment of trade receivables Trade payables 201,940,000 69,109,500 5,250,000 2,000,000 124,500,000 75,000,000 15,250,000 12,000,000 3,798,000 49,000,000 8,630,500 8,400,000 73,450,000 6,000,000 15,000,000 5,500,000 6,770,000 310,000 5,310,000 451,179,500 451,179,500 2