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The following is the trial balance as at 31 August 20x9 of Mekar Wangi.a florist shop. Credit (RM) 380,000 Debit (RM) Capital Cash in
The following is the trial balance as at 31 August 20x9 of Mekar Wangi.a florist shop. Credit (RM) 380,000 Debit (RM) Capital Cash in bank 93.000 Cash in hand 47.000 56.000 Inventory (1 September 20x8) Accounts receivable and 90.000 70,000 accounts payable Building Equipment Purchases and sales Returns inward and Return 171.000 98.000 255.600 7,400 500.000 12,000 Outward Salaries 26.000 Water and electricity General expenses 44,000 50,000 Insurance 10,000 Interest on loan 14.000 962.000 962.000 Inventory as at 31 August 20x9 was RM65,000 REQUIRED a) Prepare the Statement of Profit Loss and Comprehensive Income for the year ended 31* Aug 20X9 b) Prepare the Financial Position as at 31 Aug 20X9
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