The following shows the Trial Balance of Avari Hotel for the year ended March 2021:

Avari Hotel
Trial Balance March 31, 2021
Account Title	Balance
	Debit (RM)	Credit (RM)
Service Revenue		2,900,000
Salaries Expenses	600,000
Depreciation ExpensesFurniture	200,000
Depreciation ExpensesBuilding	200,000
Commission Expenses	420,000
Utility Expenses	300,000
Advertising Expenses	320,000
Administration Expenses	180,000
Bad Debt Expenses	30,000
Bank Overdraft		20,000
Account Receivables	700,000
Prepaid Insurance	10,000
Building	4,000,000
Furniture	2,000,000
Accumulated DepreciationFurniture		400,000
Accounts Payable		50,000
Advertising Payable		70,000
Unearned Revenue		560,000
Loan		2,000,000
Avari, Capital		3,000,000
Avari, Withdrawals	40,000
Total	RM9,000,000	RM9,000,000

Required:

(a) Prepare Avari Hotel Income Statement and Statement of Owners Equity for the year ended March 31, 2021 (Choose any one format of Income Statement).

(b) Prepare Avari Hotel Statement of Financial Position (Balance Sheet) as at March 31, 2021. (Choose any one format of Balance Sheet).