The trial balance of Abad Baru Sdn Bhd (ABSB) as at 31 December 2020 is listed as follows:

Abad Baru Sdn Bhd Trial Balance as at 31 December 2020

Debit Credit Descriptions RM RM Bank 130,400 Trade Receivables and Payables 112,000 82,000 Purchases and Sales 432,000 740,000 Purchase and Sales Return 20,000 25,000 Land 500,000 Plant and Machinery (P&M) 120,000 Furniture and Fitting (F&F) 20,000 Inventories 10,000 Bad debts 8,000 Salaries 52,000 Import Duties 7,000 Carriage Inwards 9,500 Stationeries 7,000 Marketing Expenses 11,000 Maintenance Expenses 20,000 Carriage Outwards 28,000 Prepaid Insurance Charges 3,600 Utilities Expenses 7,000 Administrative Expenses 16,500 Sales Investment Incomes 5,000 Provision for Doubtful Debts 5,000 Accumulated Depreciation: P&M 6,000 F&F 1,000 Bank Loan 100,000 Shareholders Capital 550,000 1,514,000 1,514,000