QUESTION Super Power Sdn. Bhd. was registered on 1 July 2019 with an authorized capital worth 1,000,000 ordinary shares at par value of RM1.00 each. The following is the Trial Balance of the company as at 30 June 2023. Debit Credit Particular RM RM 10% preference share capital 230,000 Ordinary share Capital 380,000 General Reserve 50,500 Retained profit 50,900 Freehold land 360,000 Vehicle at cost 178,000 Provision for depreciation - vehicle 63,000 Machinery at cost 86,000 Provision for depreciation - machinery 27,000 8% Debenture 120,000 Quoted investment 145,000 Unquoted investment 90,000 Sales 482,700 Purchases 244,450 Return inwards 5,200 Return outwards 2,050 Allowance for doubtful debt 4,200 Inventories on 1 July 2022 40,100 Dividend from investment 75,000 Staffs' salaries 120,000 Insurance. 12,000 Electricity and Water 10,400 Advertisement 7,700 Directors' emolument 41,000 General expenses 4,580 Trade receivables 51,700 Trade payables 48,380 Interim dividend - preference shares 5,000 Interim dividend - ordinary shares 28,000 Bank 52,000 Cash in hand 3,600 Goodwill 30,000 Tax expenses 6,000 Audit fees 13,000 1,533,730 1,533,730

Additional information: 1. Inventories on 30 June 2023 is valued at RM45,000 2. The revaluation of assets were as follows: i. Freehold land was revalued to RM400,000. ii. Quoted investment was revalued to RM165,000. 3. Accrued electricity and water were RM1,300. 4. Insurance has been paid for the period of 1 October 2022 until 30 September 2023. 5. Depreciation charges is 20% on cost for vehicles and 10% on carrying amount for machinery. 6. Company tax is 25% on net profit before taxation. 7. The board of directors has proposed the following: i. Final dividend to be paid to preference shareholders and 5% to ordinary shareholders ii.To transfer RM12,500 to general reserve. iii.Goodwill amounting RM5,100 to be written off.

You are required to construct: a) Statement of Profit or Loss and Other Comprehensive Income for the year ended 30 June 2023 b) Statement of Changes in Equity for the year ended 30 June 2023 c) Statement of Financial Position (external) as at 30 June 2023..