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The following balances were extracted from Alicia s accounts at 3 1 December 2 0 2 2 . Accounts Debit ( RM ) Credit (
The following balances were extracted from Alicias accounts at December
Accounts Debit
RM
Credit
RM
Capital at January
Cash drawing
Plant and machinery at January
Motor vehicle at January
Accumulated depreciation for plant and
machinery
Accumulated depreciation for motor vehicle
Stock at January
Purchases
Sales
Accounts receivable
Accounts payable
Wages and salaries
Motor vehicles expenses
General expenses
Insurance
Cash at bank and hand
Provision for doubtful debts
Additional information:
i Stock as at December was RM
ii Included in cash drawing is a total of RM paid by Alicia for businesss
electricity expenses.
iii. Unexpired insurance amounting to RM
iv Accrued wages and salaries amounting to RM
v There was an unpaid account of RM for general expenses.
vi Provision to be made for depreciation at the following rates:
Plant and machinery per annum
Motor vehicles per annum
vii. The provision for doubtful debts is to be reduced to RM
Required:
Prepare the statement of comprehensive income and statement of financial position
as at December
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