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Sunny Sdn. Bhd. a store owner, extracted the following trial balance from his books at the close of business on 31 December 2021. You are

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Sunny Sdn. Bhd. a store owner, extracted the following trial balance from his books at the close of business on 31 December 2021. You are required to prepare: (a) Statement of Profit of Loss for the year ended 31 December 2021. (12 marks) (b) Statement of Finanacial Position as at 31 December 2021. (13 marks)

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