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The following balances were extracted from Alicia's accounts at 3 1 December 2 0 2 2 . Additional information: i . Stock as at 3

The following balances were extracted from Alicia's accounts at 31 December 2022.
Additional information:
i. Stock as at 31 December 2022 was RM15,735.
ii. Included in cash drawing is a total of RMS00 paid by Alicia for business's
electricity expenses.
iii. Unexpired insurance amounting to RM290.
iv. Accrued wages and salaries amounting to RM290.
v. There was an unpaid account of RM410 for general expenses.
vi. Provision to be made for depreciation at the following rates:
Plant and machinery
Motor vehicles
10% per annum
20% per annum
vii. The provision for doubtful debts is to be reduced to RM4,178.
Required:
Prepare the statement of comprehensive income and statement of financial position
as at 31 December 2022.
(40 marks)
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