uuryrocurocurmance%. nloads/GSFM7514-Accounting%20%20Finand iew A Read aloud Draw Page view A Read aloud MARKS TV Draw here are TWO (2) questions in this question paper. Answer ALL questions Question 1 the financial statements of two electronic companies as at 30 June 2020 ar as fotos A wy w DO ABC Electronic Sdn Bhd RM RM XYZ Electric Sdn. Bhd RM RM 665 00g 750.000 Income Statements Sales Less Cost of goods sold Opening stocks A Purchase Required Compule on the following for the year ended 30 Jun 2020 for each business Comment upon the terms and since of counting ratio for ABC Electrone Sor Brid, and XYZ Electric Sdn Bhd 100.000 200.000 300.000 160.000) 30 DOO 120.000 40.000 10.000) Les Closing stocks Groot (240.000) 1420,0001 20500 5.000 105.000 15.000 220.000 a) Current Acid est Gross progin d) Net pro margin .) e) Inventory over 1) Remo Galegoyed Decochon period in h) Credinom period in Wages salaries and 25.000 35.000 Other expenses Net profit 215,000 100,000 270 000 150.000 (20) Statement of Financial Positions Property. Plan and Equipment Enesco Less Accumulated depreciation 70 000 (40,000) 30,000 120 000 30.000) 10.000 Current AS Stos Deborg 60.000 125.000 7.000 10000 12600 230.000 240,000 100 104 000 C 000 100 000 000 000 >1000 10000