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Section 3 1- DR (RM) CR (RM) Purchase & sales 22860 41970 Stock (Jan) 5160 Capital 7200 Bank overdraft 4350 Cash 90 Discounts 1440

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Section 3 1- DR (RM) CR (RM) Purchase & sales 22860 41970 Stock (Jan) 5160 Capital 7200 Bank overdraft 4350 Cash 90 Discounts 1440 930 Return inwards Return outwards 810 570 Carriage outwards 2160 Rent & insurance 1740 Provision for doubtful debts 660 Fixtures & fittings 1200 Delivery van 2100 Debtors & creditors 11910 6060 Wages & salaries 8940 General office expenses 450 Drawings 2880 Additional Information 1- The year end stock is RM 429 2- The wages and salaries accrued is RM 210. Prepare the income statement for the year ended 2021 for the above company. (15m)

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