The trial balance of NyonyaChanteq Sdn. Bhd. is as shown below as at 30 November 2022:...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The trial balance of NyonyaChanteq Sdn. Bhd. is as shown below as at 30 November 2022: PARTICULAR DEBIT (RM) Motor vehicles Accumulated depreciation of motor vehicles Land and building Office equipment Accumulated depreciation of office equipment b. Cash Bank Account receivables Inventory, 1 December 2021 Capital Loan (for 5 years) Mortgage Account payables Sales Purchases Return inwards Return outwards Commission received Rent received Interest received Finance expenses Insurance expense Carriage inwards Carriage outwards Salaries and wages Rent expenses Inventory as at 30 November 2022 is RM40,800. Required: 280,000 430,300 96,200 55,500 162,800 44,900 67,700 765,500 10,800 14,800 15,900 9,900 3,700 62,500 44,600 2,065,100 CREDIT (RM) 25,200 23,000 550,000 80,500 62,900 30,800 1,250,400 12,900 14,400 8,200 6,800 2,065,100 Prepare a Statement of Profit or Loss for the year ended 30 November 2022. Prepare a Statement of Financial Position as at 30 November 2022. The trial balance of NyonyaChanteq Sdn. Bhd. is as shown below as at 30 November 2022: PARTICULAR DEBIT (RM) Motor vehicles Accumulated depreciation of motor vehicles Land and building Office equipment Accumulated depreciation of office equipment b. Cash Bank Account receivables Inventory, 1 December 2021 Capital Loan (for 5 years) Mortgage Account payables Sales Purchases Return inwards Return outwards Commission received Rent received Interest received Finance expenses Insurance expense Carriage inwards Carriage outwards Salaries and wages Rent expenses Inventory as at 30 November 2022 is RM40,800. Required: 280,000 430,300 96,200 55,500 162,800 44,900 67,700 765,500 10,800 14,800 15,900 9,900 3,700 62,500 44,600 2,065,100 CREDIT (RM) 25,200 23,000 550,000 80,500 62,900 30,800 1,250,400 12,900 14,400 8,200 6,800 2,065,100 Prepare a Statement of Profit or Loss for the year ended 30 November 2022. Prepare a Statement of Financial Position as at 30 November 2022.
Expert Answer:
Answer rating: 100% (QA)
Answer a Statement of Profit or Loss for the year ended 30 November 2022 Particulars Amount RM Sales ... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Old Office Building Karas Investments owns a small office building in Windhoek, from which the company operates. The Windhoek office was purchased on 1 March 2019. Karas Investments decided to move...
-
The market for Gloomps is characterized by the demand curve Q = 20 2P, where Q is the market quantity and Pis the market price. If the market for Gloomps is a duopoly, and one firm decides to...
-
describe How do mineral salts participate in osmotic regulation?
-
The table contains real data. MySpace U.S. Advertising Revenue ($ millions) (a) Determine the maximum and minimum values for each variable in the table. (b) Use your results from part (a) to find an...
-
Demonstrating Inductance. A common demonstration of inductance employs a circuit such as the one shown in Fig. 30.27. Switch S is closed, and the light bulb (represented by resistance R1) just barely...
-
After an extensive cost-benefit analysis, Mercy General Hospital has made a decision to outsource its ambulance operations to a private company. The administration has narrowed down its decision to...
-
Intelligencia Inc. was incorporated as a research and development company in the biotechnology industry. The company incurred the following costs relating to various intangible assets: 1. During the...
-
A state requires large merchants (i.e., those with sales over a specied dollar amount) to report and remit their sales taxes within 15 days of the end of each month. It requires small merchants to...
-
Which stakeholders in international trsde uses the following the document: Importer permits
-
Q1. Use the LIFO cost-flow assumption to answer the following questions. YEAR 1: Purchase #1 1,000 units @ $1 = $1,000 Purchase #2 1,000 units @ $1 = $1,000 a. How much is goods available for sale?...
-
Given a list of n points (xi, y) ER with distinct ; values, it is sometimes necessary to find a polynomial curve p(x) = P-1 (R) passing through all the points. One method to do so, uses linear...
-
Mindful Corp has following data to prepare the materials purchase budget Q1 Required Production in units 2,964.00 Q2 Required Production in units 2,584.00 Q3 Required Production in units 2,356.00 Q4...
-
For cemented carbide tools, used for machining metals, there are three important properties of toughness, hardness and wear resistance to be optimized to achieve better performance. These properties...
-
XYZ plc is deciding whether or not to proceed with a special order. These are the details needed to determine the relevant cost of the order: 1-Materials P and Q will be used for the order.100 kg of...
-
Sales Revenue less: cost of goods sold gross profit Operating expenses Operating income Henkel Industries Income Statement For the Month Ending May 31 Per unit Total $ 30.00 $ 5,400,000.00 SA +A...
-
:solve the homogenous differential equation dy = y-xy dx Q2: solve the differential equation after you find the integral factor (2x + y)dx-x dy = 0 (y + xy)dx-x dy = 0 Determine wither or not each of...
-
Let h(x) = x + 5 and g(x) = x-8. Find (h-g)(-2).
-
B made an issue of 150,000 $1 ordinary shares at a premium of 20% the proceeds of which is received by cheque. What is the correct journal to record this? A. Bank Share capital Share premium B. Bank...
-
Jim Peterson is the accountant for ProCare Lawnservice, Inc. During the month, numerous payments were made for wages for which he was properly debiting the Wage Expense account and crediting Cash....
-
In this problem, we continue our accounting for Pure Water, Inc., from Chapter 5. Refer to the Continuing Problem in Chapters 4 and 5. Assume that all 13 of the spas Pure Water, Inc., sold in...
-
Larry Johnson owns Larrys Limousine, which operates a fleet of limousines and shuttle buses. Upon reviewing the most recent financial statements, he became confused over the recent decline in net...
-
The Whitney Bluebirds football team sells a 15 -game season ticket for \(\$ 180\). Assume that the team sells 2,000 season tickets on August 10. The tickets are all used for admission. a. Prepare a...
-
Calculations Beck Company has just billed a customer for \(\$ 1,400\), an amount that includes an eight percent excise tax and a four percent state sales tax. a. What amount of revenue is recorded?...
-
The following note transactions occurred during the year for Zale Company: Nov. 25 Zale issued a 120 -day, 12 percent note payable for \(\$ 9,000\) to Porter Company for merchandise. Dec. 10 Zale's...
Study smarter with the SolutionInn App