The following information are to be taken into account:

1)

Inventory at 30 June 2021 were valued at RM3,690.

2)

During the year Ms Vie, the owner has taken goods costing RM1,350 and cash

RM200 from the business for her own use.

3)

Depreciation is to be provided for:

Plant and machinery 20% on the balance at the end of the year

Motor vehicle 25% on the balance at the end of the year

Office equipment 10% on cost

4)

There are written off bad debts of RM1,370 but have not been entered in the

account.

5)

The allowance for doubtful debts is to be adjusted to 5% of account receivables.

6)

At 30 June 2021 there is electricity accrued of RM250 and water accrued

amounting RM120.

7)

Prepaid by the company at the end of the financial year: Business rates RM550

and Rentals RM3,500.

(a) Prepare a Statement of Comprehensive Income for the year ended 30 June 2021

(b) Prepare a Statement of Financial Position as at 30 June 2021.

The following is the trial balance of Anastasia Vie Ltd as at 30 June 2021: Purchases and sales revenue Carriage in Carriage out Motor expenses Salaries and wages Business rates Office expenses Utility Returns Rentals Discounts Motor vehicles Plant and machinery Office equipments Patern rights Inventory 1 July 2020 Bank Cash Account receivables and account payables Accumulated depreciation: Motor vehicles Plant and machinery Office equipments Allowance for doubtful debts 7% mortgage Capital Drawings Total Debit (RM) Credit (RM) 75,000 195,000 7,200 4,300 3,300 18,180 4,000 4,200 2,540 3,500 27,000 1,840 320,000 290,000 50,000 5,000 3,000 2,500 18,500 5,650 845,710 2,350 14,690 5,970 2,900 16,350 84,150 42,500 5,500 1,300 187,000 288,000 845,710