AY Mini MarketTrial Balance As At 30 September 2015АссountsDebit (RM)8,000Credit (RM)Motor Vehicles (Cost RM12,000)SalaryInventory as at 1 October 2014WagesPurchases and SalesCapitalRent ReceivedInsuranceMotor vehicle maintenanceAllowance for doubtful debts10,0005,50014,00035,80096,800115,1006004,5003,000400Freehold land35,000Loan from HRB Bank (5 years contract)Accounts receivable and Accounts payableOffice Equipment (Cost RM15,000)Cash at bankInterest on loanDrawingsOffice suppliesMachinery (Cost RM120,000)Duty on purchaseTelephone, water and electricityCarriage outwardsCarriage inwardsDiscount allowed and Discount receivedCommission received30,0003,8009,0007,60019,8001,5002,7001,80088,0001,5006002,0005007003,6001,200251,500251,500Additional information to be taken into consideration:(Maklumat tambahan yang perlu diambil kira:)a) Inventory as at 30 September 2015 was RM8,700.(Stok akhir pada 30 September 2015 adalah sebanyak RM8, 700.] 5 ệ © T Ob) Depreciation rate:[Kadar surut nilai:/Machinery - 10% on cost(Pemesinan - 10% atas kon)Motor vehicles – 10% on carrying amount[Kenderaan - 10% pada harga dibawa]Office Equipment – 5% on cost[Peralatan pejabat - 5% atas kon)e) Telephone bill for the month of September 2015 amounting to RM180 was not yetpaid.(Bil telefon bagi bulan September 2015 sebanyak RMI80 masih belum dibayar.RM500 worth of goods and RM500 cash were taken by Encik Azizi for his own use.No records were made in the accounts.[Barangan bernilai RM500 dan tunai sebanyak RM500 diambil oleh Encik Azizi untuk kegunaansendiri. Tlada rekod dilakukan di dalam akaun)Required:[Dikehendaki:i. Prepare Statement of Comprehensive Income for the year end 30 September 2015.[Sediakan Pernyata Pendapatan Kewangan Lengkap bagi tahun berakhir 30 September 2015.)i. Prepare Statement of Financial Position as at 30 September 2015.[Sediakan Penyata Kedwdukan Kewangan pada 30 September 2015)FiltersAdd a caption.

The financial statement is prepared by the corporation to identifying their performance during the…

AY Mini Market Trial Balance As At 30 September 2015 Debit (RM) Accounts Credit (RM) Motor Vehicles (Cost RM12,000) Salary Inventory as at 1 October 2014 Wages Purchases and Sales Capital 8,000 10,000 5,500 14,000 35,800 96,800 115,100 Rent Received 600 Insurance 4,500 Motor vehicle maintenance Allowance for doubtful debts 3,000 400 Freehold land 35,000 Loan from HRB Bank (5 years contract) Accounts receivable and Accounts payable Office Equipment (Cost RM15,000) 30,000 3,800 9,000 7,600 Cash at bank 19,800 Interest on loan Drawings Office supplies Machinery (Cost RM120,000) Duty on purchase Telephone, water and electricity Carriage outwards Carriage inwards Discount allowed and Discount received Commission received 1,500 2,700 1,800 88,000 1,500 600 2,000 500 700 3,600 1,200 251,500 251,500 Additional information to be taken into consideration: (Maklumat tambahan yang perlu diambil kira:) a) Inventory as at 30 September 2015 was RM8,700. /Stok akhir pada 30 September 2015 adalah sebanyak RM8,700.

AY Mini Market Trial Balance As At 30 September 2015 Debit (RM) Accounts Credit (RM) Motor Vehicles (Cost RM12,000) Salary Inventory as at 1 October 2014 Wages Purchases and Sales Capital 8,000 10,000 5,500 14,000 35,800 96,800 115,100 Rent Received 600 Insurance 4,500 Motor vehicle maintenance Allowance for doubtful debts 3,000 400 Freehold land 35,000 Loan from HRB Bank (5 years contract) Accounts receivable and Accounts payable Office Equipment (Cost RM15,000) 30,000 3,800 9,000 7,600 Cash at bank 19,800 Interest on loan Drawings Office supplies Machinery (Cost RM120,000) Duty on purchase Telephone, water and electricity Carriage outwards Carriage inwards Discount allowed and Discount received Commission received 1,500 2,700 1,800 88,000 1,500 600 2,000 500 700 3,600 1,200 251,500 251,500 Additional information to be taken into consideration: (Maklumat tambahan yang perlu diambil kira:) a) Inventory as at 30 September 2015 was RM8,700. /Stok akhir pada 30 September 2015 adalah sebanyak RM8,700.

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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