The following is the trial balance for SS Enterprise as at $30$ June $2023.$

SS Enterprise

Trial Balance as at $30$ June $2023$

Additional information:

Stock as at $30$ June $2023$ is RM$2,270.$

Mr John, one of the debtors is declared bankrupt and the amount

owed by him of RM$100$ is treated as bad debt.

The allowance for doubtful debt for the current year is calculated at

$10\%$ on net debtors.

The bank loan was received on $1$ January $2023$ and interest on loan

is at $8\%$ per annum.

Depreciation is to be provided as follows:

Motor vehicles $,-20\%$ per annum on cost

Fixtures and fittings $-15\%$ on net book value

Utilities amounted to RM$120$ is still outstanding during the year end.

Monthly salaries paid to a worker is RM$1,000.$

You are required to prepare:

$($a$)$ Statement of Profit or loss for the year ended $30$ June $2023$ and;

$($b$)$ Statement of Financial Position as at $30$ June $2023.$