SOALAN (QUESTION) 1

(The ledger of Noman 2R Agency on 31^st December, 2020 includes the following accounts before adjusting entries).

Akaun (Accounts)	Debit (Debit) (RM)	Kredit (Credit) (RM)
Tunai (Cash)	42,300
Akaun belum terima (Accounts receivables)	1,000
Bekalan (Supplies)	1,400
Peralatan (Equipment)	30,000
Susutnilai terkumpul - Peralatan (Accumulated depreciation- Equipment)		10,500
Kenderaan bermotor (Motor vehicle)	660,000
Susutnilai terkumpul - Kenderaan Bermotor (Accumulated depreciation- Motor vehicle)		11,000
Akaun belum bayar (Accounts payable)		25,500
Modal, 1 Januari, 2020 (Capital, 1 January, 2020)		483,000
Ambilan (Drawings)	3,000
Hasil perkhidmatan (Service revenue)		248,500
Belanja gaji dan upah (Salaries and wages expense)	29,200
Belanja utiliti (Utilities expense)	1,870
Belanja pelbagai (Miscellaneous expense)	900
Belanja pengiklanan (Advertising expense)	8,830

(Additional information is as follows):

1. (At 31/12/2020, RM500 of supplies remain unused).
2. (Depreciation policy on property, plant, and equipment is as follows): (Equipment straight line method which is 10% per annum at cost). kos. (Motor vehicle straight line method which is 20% per annum at cost).
3. (Perform services worth RM3,400 for customers on 25^th December, 2020 but has not yet received cash. This transaction is not yet recorded).
4. Received RM2,000 from a customer on 29^th December, 2020 for services to be delivered in January,2021. This transaction is not yet recorded).
5. (Received utilities bill in the amount of RM300 for the month of December, 2020 but this bill is not yet paid. This transaction is not yet recorded).
6. .(Noman, the business owner withdraws RM500 cash from his personal savings accounts and buy a wheel chair for his ailing mothers usage).

(Required):

1. (Prepare the necessary adjusting entries (in general journal format) for fiscal year ended 31^st December, 2020. Show all relevant workings).
2. (Prepare statement of profit or loss and other comprehensive income (income statement) and the statement of financial position (balance sheet) for fiscal year ended 31^st December, 2020).

please answer this as soon as possible . thank you