Prepare income statement Particulars Sales Purchases Salaries Motor expenses Rent Insurance General expenses Premises Motor vehicles Account receivables Account payable Cash at bank Cash in hand Drawings Capital Ali Mamat Enterprise Trial Balance as at 31 December 2019 Debit (RM) 119,832 56,527 2,416 1,894 372 85 95,420 16,594 26,740 16,519 342 8,425 345.166 TOTAL Credit (RM) 190,576 16,524 138,066 345.166

Prepare income statement Particulars Sales Purchases Salaries Motor expenses Rent Insurance General expenses Premises Motor vehicles Account receivables Account payable Cash at bank Cash in hand Drawings Capital Ali Mamat Enterprise Trial Balance as at 31 December 2019 Debit (RM) 119,832 56,527 2,416 1,894 372 85 95,420 16,594 26,740 16,519 342 8,425 345.166 TOTAL Credit (RM) 190,576 16,524 138,066 345.166

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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