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write in a table 5. Following is the trial balance of Happy Enterprise Trial Balance as at 31 May 2012 Debit RM Credit RM 18,600

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write in a table

5. Following is the trial balance of Happy Enterprise Trial Balance as at 31 May 2012 Debit RM Credit RM 18,600 Sales Purchases Opening Inventory Carriage outwards Carriage inwards Returns inwards Returns outwards Salaries and wages Motor Expenses Rent Sundry expenses Motor vehicles Fixtures and Fittings 11,556 3,776 326 234 440 355 2,447 664 576 1,202 2,400 600 4,577 Debtors 3,045 Creditors Cash at bank Cash in hand Drawings Capital 3,876 120 2,050 12,844 34,844 34,844 Inventory as at 31 May 2012 was RM4, 998. You are required to: (a) Prepare an income statement for the year ended 31 May 2012 (b) Prepare a balance sheet as at 31 May 2012

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