QUESTIONS Kasih Maisara is the owner of Manja Nazril Enterprise, with the accounting year ended on 31 December 2019. The following is the Trial Balance of Manja Nazril Enterprise as at 31 December 2019. Manja Nazril Enterprise Trial Balance as at 31 Dec 2019 Debit (RM) Credit (RM) Bank 30,800 Cash 10,400 Stock (1st Jan 2019) 4,500 Furniture 5,000 Accumulated Depreciation on Furniture 1,000 Motor Vehicles 35,000 Account Receivable / Account Payable 6,800 20,500 Capital 68,640 Drawings 1,050 Purchases / Sales 52,000 80,000 Returns 1450 1,750 Discounts 2.220 Carriage Inwards 2,340 Advertising 3.800 Salaries 14,500 Insurance 2,400 Electricity & Water 2.200 Rent 6.000 2.000 Commission Revenue 1.550 Allowance for Doubtful Debt 580 178.240 178,240 Additional Information: a) Stock as at 31 Dec 2019 was valued at RM10.750. b) Salaries of RM500 had been paid in advance. c) Accrued electricity and water RM 250. d) Commission RM280 had not been received. c) Rent Revenue was received in advance RM 500. f) Depreciation for fumiture 5% based on book value, motor vehicle 10", based on cost value per annum g) One of the debtors was declared bankrupt and the amount owed by him RM 800 is to be written off. h) Allowance for doubtful debt is calculated 2% on account receivable. You are required to prepare: (a) The Statement of Comprehensive Income for the year ended 31 December 2019. 1 [15 Marks] ] (b) The Statement of Financial Position as at 31 December 2019. [10 Marks] (c) Discuss the causes to be considered in determining depreciation. 1 [5 marks]