Required: Accounts receivable control account for the year ended October 31
Accounts payable control account for the year ended October 31
Statement of changes in equity for the year ended 31 October 2021
Plava has been in business for several years. Plava does sales and service after sales. Plava's assets and liabilities at respective year end were as follows: 31 October 2021 31 October 2020 RM'. 8,000 4,800 35,000 ?? RM 8,000 3,200 9,000 8,100 Motor vehicle Accumulated depreciation - M/Vehicle Office equipment Accumulated depreciation O/Equipment Unsold goods Unused supplies Trade customers outstanding balance Motor expenses owing Rental prepaid Unexpired insurance Trade suppliers outstanding balance Allowance for doubtful debts 5,500 900 8,200 3,900 1,500 600 5700 300 6,000 500 3,500 1,500 1,000 600 4,300 100 For the year ended 31 October 2021 Plava provided a cash summary for the business as follows: Receipts RM Payments RM ... Balance b/d 6,000 Payment to trade suppliers 69,000 Receipts from trade customers 123,000 Motor expenses 14,200 Contribution by owner 6,000 Rental 12,000 Loan from Mrs Plava 50,000 Rates 6,000 Cr transfer - Unearned revenue 10,000 Miscellaneous expenses 11,000 Supplies purchased 3,300 Office equipment 15,000 Salaries and employee benefits 18.000 Owner withdrawals 24,000 Bank charges & commission 400 Standing order - Insurance 12.000 7. For the year ended 31 October 2021, the following summary were also provided: i. Total value of credit notes issued to trade customers RM6,400 ii. Total value of credit notes received from trade suppliers RM8,300 iii. Total value of discount received from trade suppliers as shown on the receipts received RM7,300 iv. Total value of discount given to trade customers as shown on the receipts issued RM5,400 v. 10% from the receipts from trade customers' was received from the services provided after the sales. Plava has been in business for several years. Plava does sales and service after sales. Plava's assets and liabilities at respective year end were as follows: 31 October 2021 31 October 2020 RM'. 8,000 4,800 35,000 ?? RM 8,000 3,200 9,000 8,100 Motor vehicle Accumulated depreciation - M/Vehicle Office equipment Accumulated depreciation O/Equipment Unsold goods Unused supplies Trade customers outstanding balance Motor expenses owing Rental prepaid Unexpired insurance Trade suppliers outstanding balance Allowance for doubtful debts 5,500 900 8,200 3,900 1,500 600 5700 300 6,000 500 3,500 1,500 1,000 600 4,300 100 For the year ended 31 October 2021 Plava provided a cash summary for the business as follows: Receipts RM Payments RM ... Balance b/d 6,000 Payment to trade suppliers 69,000 Receipts from trade customers 123,000 Motor expenses 14,200 Contribution by owner 6,000 Rental 12,000 Loan from Mrs Plava 50,000 Rates 6,000 Cr transfer - Unearned revenue 10,000 Miscellaneous expenses 11,000 Supplies purchased 3,300 Office equipment 15,000 Salaries and employee benefits 18.000 Owner withdrawals 24,000 Bank charges & commission 400 Standing order - Insurance 12.000 7. For the year ended 31 October 2021, the following summary were also provided: i. Total value of credit notes issued to trade customers RM6,400 ii. Total value of credit notes received from trade suppliers RM8,300 iii. Total value of discount received from trade suppliers as shown on the receipts received RM7,300 iv. Total value of discount given to trade customers as shown on the receipts issued RM5,400 v. 10% from the receipts from trade customers' was received from the services provided after the sales
