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2. The following trial balance was extracted from the books of Syarikat Wawa at 31 Mac 2020: RM 83,030 1,620 800 145,800 10,000 8,500 232,950 68,000 3,600 8,400 4,300 9,600 3,180 28,400 16,440 Particulars Capital Carriage in Carriage out Purchases Office equipment Motor vehicle Sales Wages and salaries Rent and rates Lighting and heating Vehicles running cost Telephone expenses General office expenses Debtors Creditors Provision for depreciation: Motor vehicle Office equipment Provision for doubtful debts 4,250 4,000 500 13,570 6,200 300 Drawings Cash at bank Cash in hand 8,000 3,800 2,900 Stock as at 1 April 2019 Return inwards Return outwards Additional information as at 31 Mac 2020: Stock on hand was valued at RM8,800 Rent and rates prepaid RM1,200 - ii. i. ii. Wages and salaries RM1,750 iv. Depreciation is to be provided as follows: 50 % reducing balance method 20% straight line method a. Motor vehicles b. Office equipment

2. The following trial balance was extracted from the books of Syarikat Wawa at 31 Mac 2020: RM 83,030 1,620 800 145,800 10,000 8,500 232,950 68,000 3,600 8,400 4,300 9,600 3,180 28,400 16,440 Particulars Capital Carriage in Carriage out Purchases Office equipment Motor vehicle Sales Wages and salaries Rent and rates Lighting and heating Vehicles running cost Telephone expenses General office expenses Debtors Creditors Provision for depreciation: Motor vehicle Office equipment Provision for doubtful debts 4,250 4,000 500 13,570 6,200 300 Drawings Cash at bank Cash in hand 8,000 3,800 2,900 Stock as at 1 April 2019 Return inwards Return outwards Additional information as at 31 Mac 2020: Stock on hand was valued at RM8,800 Rent and rates prepaid RM1,200 - ii. i. ii. Wages and salaries RM1,750 iv. Depreciation is to be provided as follows: 50 % reducing balance method 20% straight line method a. Motor vehicles b. Office equipment

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Additional information as Mac 2020: I. Stock on hand was valued at RM8,800 Rent and rates prepald RM1,200 Wages and salaries RM1,750 Depreciation is to be provided as follows: iv. 50 % reducing balance method 20% straight line method a. Motor vehicles b. Office equipment The doubtful debts provision is to be maintained at 2% of closing debtors. V. Required: a) Statement Profit or Loss and Other Comprehensive Income for the year ended 31 Mac 2020. b) Statement of Financial Position as at 31 Mac 2020. РОСО SHOT ON POCO F2 PROrader, completed a year's trading on 31 October 2020. The following balances were extracted from the business records: lamil
Transcribed Image Text:Additional information as Mac 2020: I. Stock on hand was valued at RM8,800 Rent and rates prepald RM1,200 Wages and salaries RM1,750 Depreciation is to be provided as follows: iv. 50 % reducing balance method 20% straight line method a. Motor vehicles b. Office equipment The doubtful debts provision is to be maintained at 2% of closing debtors. V. Required: a) Statement Profit or Loss and Other Comprehensive Income for the year ended 31 Mac 2020. b) Statement of Financial Position as at 31 Mac 2020. РОСО SHOT ON POCO F2 PROrader, completed a year's trading on 31 October 2020. The following balances were extracted from the business records: lamil
ANotes X A Soluti x A Notes x A Soluti x A Tuton X Answ X OTgzNDkyOTcw/a/MJU1MTU2OT94NZAX/details 2. The following trial balance was extracted from the books of Syarikat Wawa at 31 Mac 2020: RM 83,030 1,620 800 145,800 10,000 8,500 232,950 68,000 3,600 8,400 4,300 9,600 3,180 28,400 16,440 Particulars Capital Carriage in Carriage out Purchases Office equipment Motor vehicle Sales Wages and salaries Rent and rates Lighting and heating Vehicles running cost Telephone expenses General office expenses Debtors Creditors Provision for depreciation: Motor vehicle Office equipment Provision for doubtful debts 4,250 4,000 500 13,570 6,200 Drawings Cash at bank Cash in hand Stock as at 1 April 2019 Return inwards Return outwards 300 8,000 3,800 2,900 Additional information as at 31 Mac 2020: Stock on hand was valued at RM8,800 Rent and rates prepaid RM1,200 Wages and salaries RM1,750 iv. i. ii. i. Depreciation is to be provided as follows: a. Motor vehicles b. Office equipment 50 % reducing balance method 20% straight line method POCO SHOT ON POCO F2 PRO
Transcribed Image Text:ANotes X A Soluti x A Notes x A Soluti x A Tuton X Answ X OTgzNDkyOTcw/a/MJU1MTU2OT94NZAX/details 2. The following trial balance was extracted from the books of Syarikat Wawa at 31 Mac 2020: RM 83,030 1,620 800 145,800 10,000 8,500 232,950 68,000 3,600 8,400 4,300 9,600 3,180 28,400 16,440 Particulars Capital Carriage in Carriage out Purchases Office equipment Motor vehicle Sales Wages and salaries Rent and rates Lighting and heating Vehicles running cost Telephone expenses General office expenses Debtors Creditors Provision for depreciation: Motor vehicle Office equipment Provision for doubtful debts 4,250 4,000 500 13,570 6,200 Drawings Cash at bank Cash in hand Stock as at 1 April 2019 Return inwards Return outwards 300 8,000 3,800 2,900 Additional information as at 31 Mac 2020: Stock on hand was valued at RM8,800 Rent and rates prepaid RM1,200 Wages and salaries RM1,750 iv. i. ii. i. Depreciation is to be provided as follows: a. Motor vehicles b. Office equipment 50 % reducing balance method 20% straight line method POCO SHOT ON POCO F2 PRO
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