The following trial balance has been extracted from the bookof Natasha for the year ended 30 April 2018.

Trial Balance as at 30 April 2018

	Dr. (RM)	Cr. (RM)
Inventory as at 1 May 2017	25,187
Drawings	18,500
Trade accounts receivable and accounts payable	22,776	10,238
Rent and rates	12,800
Advertising and promotion	1,750
Insurance premiums	1,900
Purchases and sales	99,817	182,208
Loan from Maybank (15%)		50,000
Repairs and modifications to plant	1,799
Vehicle operation expenditure	2,575
Wages and salaries	45,012
Loan interest	3,750
Allowance for doubtful debts		500
Heating and lighting	7,500
Plant and machinery	63,260
Accumulated depreciation for plant and machinery		18,925
Office expenses	5,817
Capital account		53,000
Motor vehicles	21,557
Accumulated depreciation for motor vehicles		11,317
Bank overdraft		7,812
Total	334,000	334,000

Additional information to be taken into account:

i. Inventory at 30 April 2018 was valued at RM27,515.

ii. Loan interest for the six months ended 30 April 2018 is outstanding.

iii. Rent paid in advance at 30 April 2018 amounted to RM870. Rates assessed as due but not yet paid was to be included at RM1,200.

iv. Depreciation of plant was to be provided for at 10%of cost and of motor vehicles at 20% of their carrying value.

v. Accrued advertising costs of RM250 and wages and salaries of RM415 were to be allowed for.

Required:

(a) Prepare the adjusting entries for the year ended 30 April2018.

(8 marks)

(b)Prepare an adjusted trial balance as at 30 April 2018 in APPENDIX 1.

(13 marks)

(c)Prepare Statement of Profit or Loss for the year ended 30 April 2018.

(6 marks)

(d) Prepare Statement of Financial Position as at 30April 2018.