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Section 3 1- Purchase & sales Stock (Jan) Capital Bank overdraft Cash Discounts Return inwards Return outwards Carriage outwards Rent & insurance Provision for doubtful

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Section 3 1- Purchase & sales Stock (Jan) Capital Bank overdraft Cash Discounts Return inwards Return outwards Carriage outwards Rent & insurance Provision for doubtful debts Fixtures & fittings Delivery van Debtors & creditors Wages & salaries General office expenses Drawings 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) DR (RM) 22860 5160 90 1440 810 2160 1740 1200 2100 11910 8940 450 2880 CR (RM) 41970 7200 4350 930 570 660 6060

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