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Angsana Enterprise, a furniture distributor was established 3 years ago. Puan Zara, owner of the business faces some problems in preparing the financial statements because her business has expanded greatly due to incresing demand. The following are the account balances as at 31 December 2019: Credit (RM) Particulars (Perkara) Freehold land and building Debit (RM) 350,000 Motor vehicles 85,000 10% Loan from Public Bank 75,000 Returns 250 500 Carriage inwards 1,200 Purchases 95,000 190,000 Sales 1,450 Electricity and water Insurance 5,900 36,000 2,300 Salaries and wages Commission received Advertising Telephone Bad debts 1,800 1,400 670 Debtors and Creditors 3,750 5,220 Cash at bank 12,000 3,300 Stock as at 1 January 2019 Accumulated depreciation Motor vehicle 25,500 Capital 300,000 Drawings 800 Total 598,520 598,520 Additional information : a. Stock as at 31 December 2019 is RM1,900. b. Prepaid insurance RM390. c. No interest on loan has been paid until 31 December 2019. d. Accruals as at 31 December 2019: Electricity and water RM350 Telephone RM180 Commission received RM200 e. Bad debt to be written off RM230. f. Puan Zara has withdrawn RM300 cash at bank for personal use and no record has been made in the account. g. Depreciation charged on motor vehicles as at 31 December 2019 was RM8,500. Required: a. Prepare an Income Statement for the year ended 31 December 2019. b. Prepare a Statement of Financial Position as at 31 December 2019. (20 mar (16 mar