The following trial balance is that of Mirza Enterprise as at 31 December 2018, Debit (RM) 22,860 5,100 Credit (RM) 41,000 6,860 4,300 930 570 Details Purchases and Sales Inventory on 1 January 2018 Capital Bank overdraft Cash Discount allowed and received Return inwards and outwards Carriage outwards Office expenses Fixtures and Fittings Delivery van Accounts receivable and accounts payable Rent and insurance Drawings Wages and Salaries Dividend received Commission received 140 1,440 790 2,180 450 1,210 2,000 11,900 1,790 2,850 8,980 6,720 1,110 200 61,690 61,690 Additional information as at 31 December 2018: a) Inventory on 31 December 2018 was RM4,250. b) Wages and salaries accrued as at 31 December 2018 was RM210. c) Outstanding office expenses were RM30. d) Rent and insurance prepaid was RM150. c) Accrued dividend received as at 31 December 2018 was RM210. 1) Commission received in advanced was RM100. Required: a. Prepare the statement of profit and loss for the year ended 31 December 2018. (13 Marks) b. Prepare a statement of financial position as at that date. (12 Marks)