required to create a company and prepare the financial statements that meet the following requirements:

a$)$ At least $5$ expenses activities

b$)$ At least $5$ indirect revenues

c$)$ At least $1$ discount received

d$)$ At least $1$ discount given

e$)$ At least $2$ accrued transactions

f$)$ At least $2$ prepaid transactions

g$)$ At least $4$ fixed assets

h$)$ At least $2$ current assets

i$)$ At least $2$ non$-$current liabilities

j$)$ At least $3$ current liabilities

k$)$ At least $2$ accumulated depreciations $(1$ straight line method, $1$ reducing balance

method$)$

l$)$ At least $1$ return inward and outward

In order to complete the financial statements, you may add transactions that are necessary in

producing profit or loss and completing the statements $($Eg: Sales, Purchase, Equity$).$

Prepare the following based on clothing company$$s transactions:

i$.$ Journal entries,

ii$.$ Ledger

iii. Trial balance

iv$.$ Statement of comprehensive income

v$.$ Statement of financial position

answers should be in proper accounting table for clothing company in RM