The following is the Trial Balance of Syazlin Enterprise as at 31 December 2016

Syazlin Enterprise

Trial Balance as at 31 December 2016

	Debit (RM)	Kredit (RM)
Capital, 1 January 2017 / Modal, 1 Januari 2017		16,080
Drawings / Pengeluaran	2,500
Bank / Bank	20,000
Cash / Tunai	2,500
Sales / Jualan		135,000
Purchases / Belian	85,700
Sales returns / Pulangan jualan	475
Purchases returns / Pulangan belian		1,025
Wages on purchases / Upah atas pembelian	500
Interest revenue / Hasil faedah		870
Interest paid / Faedah dibayar	350
Opening inventory / Inventori pembukaan	4,700
Carriage inwards / Angkutan masuk	400
Carriage outwards / Angkutan keluar	700
Debtors / Penghutang	53,000
Creditors / Pemiutang		45,000

Commission received / Komisen diterima		1,200
Commission paid / Komisen dibayar	2,000
Motor vehicles / Kenderaan bermotor	13,000
Salaries / Gaji	5,000
Rent and rates / Sewa dan kadar	2,600
Light and heat / Cahaya dan haba	750
Fixtures and fittings / Lengkap dan kelengkapan	3,500
Telephone and postage / Telefon dan pos	1,420
Discount allowed / Diskaun dibenarkan	450
Discount received / Diskaun diterima		370
	199,545	199,545

Additional information:

1. Closing inventory on 31 December 2016 at market value was RM5,000 and RM4,900 at cost.
2. Salaries of RM1,000 were outstanding.
3. Commission received RM300 was accrued.
4. There was a prepayment of RM1,000 for Rent and rates.
5. Unearned interest revenue RM70.

You are required to prepare:

1. Statement of Comprehensive Income for the year ended 31 December 2016.

2. Statement of Financial Position as at 31 December 2016 (10 marks)