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Particulars Debit (RM) Credit (RM) Sales 265,900 Purchases 154,870 Rent 4,200 Lighting and heating expenses 530 Salaries and wages 51,400 Insurance 2,100 Buildings 85,000 Fixtures 1,100 Account receivable 31,300 Sundry expenses 412 Account payable 15,910 Cash at bank 14,590 Drawings 30,000 Vans 16,400 Motor running expenses 4,110 Capital 114,202 TOTAL 396,012 396,012 Inventory at 30 June 2020 was RM16,280.

Particulars Debit (RM) Credit (RM) Sales 265,900 Purchases 154,870 Rent 4,200 Lighting and heating expenses 530 Salaries and wages 51,400 Insurance 2,100 Buildings 85,000 Fixtures 1,100 Account receivable 31,300 Sundry expenses 412 Account payable 15,910 Cash at bank 14,590 Drawings 30,000 Vans 16,400 Motor running expenses 4,110 Capital 114,202 TOTAL 396,012 396,012 Inventory at 30 June 2020 was RM16,280.

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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Show Net profit statement and SFP

Particulars Debit (RM) Credit (RM) Sales 265,900 Purchases 154,870 Rent 4,200 Lighting and heating expenses 530 Salaries and wages 51,400 Insurance 2,100 Buildings 85,000 Fixtures 1,100 Account receivable 31,300 Sundry expenses 412 Account payable 15,910 Cash at bank 14,590 Drawings 30,000 Vans 16,400 Motor running expenses 4,110 Capital 114,202 TOTAL 396,012 396,012 Inventory at 30 June 2020 was RM16,280.
Transcribed Image Text:Particulars Debit (RM) Credit (RM) Sales 265,900 Purchases 154,870 Rent 4,200 Lighting and heating expenses 530 Salaries and wages 51,400 Insurance 2,100 Buildings 85,000 Fixtures 1,100 Account receivable 31,300 Sundry expenses 412 Account payable 15,910 Cash at bank 14,590 Drawings 30,000 Vans 16,400 Motor running expenses 4,110 Capital 114,202 TOTAL 396,012 396,012 Inventory at 30 June 2020 was RM16,280.
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