The following list of balances was extracted from the books of Super Maju Enterprise as of December

The following additional information is available as of December :

a Rent revenue received in advance amounting to RM

b The loan from Affin Bank was taken on July and the interest charged is per annum.

c Depreciation:

Motor vehicle per annum on reducing balance method.

Fixtures and fittings per annum on straightline method

d The rate accrued was RM

e Insurance expenses amounting to RM are for January

f Commission revenue of RM was still not received.

g Provision for doubtful debts should be increased by RM

h The owner took RM cash to pay his son\'s hospital bill.

i Inventory as of December is RM

Required:

a Prepare Super Maju Enterprise\'s Income Statement for the year ending December marks

b Prepare Super Maju Enterprise\'s statement of financial position as of December marks