QUESTION

The following details relate to a business transactions belongs to Popular Supplies, a sole enterprise that sells books and stationeries for the month of January 2013.

Jan 1	Puan Aleeza, the owner started business with cash in hand RM20,000 and cash at bank of RM50,000.
4	Purchased various goods on credit from Sazele Enterprise RM12,000.
5	Bought office equipment from HASBI Furniture RM10,000. Half of the amount paying by cheque.
7	Returned damaged office equipment to HASBI Furniture amounted RM800.
7	Bought Motor Vehicles on credit from Shira Enterprise RM30,000.
8	Indah Jaya bought stationeries worth RM8,000 on credit.
12	Maju Centre bought stationeries worth RM6,000 by cash.
15	Received loan by cheque RM50,000 from CIMB Bank Bhd.
19	Indah Jaya returned damaged stationeries worth RM2,500.
24	Received a cheque from Indah Jaya being full settlement of account and was given a discount RM500.
	Bought goods on credit from Farisha Trading RM 10,000
26	Paid half the amount owed to Sazele Enterprise worth RM6,000 by cheque.
27	Paid water and electricity expenses of RM180 by cash.
27	Sold goods on credit to Alami Co. RM 15,000
28	Received commission of RM500 by cash.
29	Paid a monthly salary to 2 workers. Each workers were paid RM1,000 by cash.
29	Received RM 2,000 cheque from Alami Co.
30	Pn Aleeza took some books and stationeries RM200 for her children.
31	Transferred RM8,000 of business cash into bank account.
31	Paid sundry expenses RM 3000 by cheque
31	Paid insurance amounted RM 4000 by cheque
31	Allowance for doubtful debt is provided at RM 1,000
31	Depreciation is to be provided at 15% on book value for Motor vehicles and 10% on cost for Office equipments.

Required:

Record all the transactions and balance off all the accounts.

Prepare a Trial Balance as at 31 January 2013.

Prepare a Statement of Comprehensive Income for the month ended 31 January 2013.

Prepare a Statement of Financial Position as at 31 January 2013