Statement profit or loss and other comprehensive income for the year ended 31 january 2020 2) Statement of financial position as at 31 january 2020
Statement profit or loss and other comprehensive income for the year ended 31 january 2020 2) Statement of financial position as at 31 january 2020
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
1)Statement profit or loss and other comprehensive income for the year ended 31 january 2020
2) Statement of financial position as at 31 january 2020
![1. At 31 January 2020 the following trial balance was extracted from the books of Yusiti.
Particulars
Debit
RM
Credit
RM
101,430
Capital 1 February 2019
Vehicles at cost
Equipment at cost
Purchases and sales
Provision for depreciation at 1 February 2019:
35,000
80,000
284,680 503,520
21,000
35,000
650
Vehicles
Equipment
Return inward and return outwards
Finance expenses
Stock at 1 February 2019
Vehicles expenses
Rent, rates and insurance
Office expenses
Drawings
Petty cash
Wages and salaries
Bad debts
Debtors and creditors
Cash at bank
1,340
1,220
25,570
4,930
7,420
21,940
23,550
200
95,370
1,240
83,210
14,880
680.550 680.550
18.950
TОTAL
РОСО
Additional information as at 31 January 2020:
SHOT ON POCO F2 PRO
RM
No. Particulars
29,750](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F95f70768-81a1-4bf6-a1f6-73b0d3da9277%2Ff5a58db4-aa53-49ed-9a68-e563124fc8f5%2Fsyth1qr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1. At 31 January 2020 the following trial balance was extracted from the books of Yusiti.
Particulars
Debit
RM
Credit
RM
101,430
Capital 1 February 2019
Vehicles at cost
Equipment at cost
Purchases and sales
Provision for depreciation at 1 February 2019:
35,000
80,000
284,680 503,520
21,000
35,000
650
Vehicles
Equipment
Return inward and return outwards
Finance expenses
Stock at 1 February 2019
Vehicles expenses
Rent, rates and insurance
Office expenses
Drawings
Petty cash
Wages and salaries
Bad debts
Debtors and creditors
Cash at bank
1,340
1,220
25,570
4,930
7,420
21,940
23,550
200
95,370
1,240
83,210
14,880
680.550 680.550
18.950
TОTAL
РОСО
Additional information as at 31 January 2020:
SHOT ON POCO F2 PRO
RM
No. Particulars
29,750
![TOTAL
680.550 680.550
Additional information as at 31 January 2020:
No. Particulars
i. Stock valued at
ii. Insurance prepaid
ii. Goods taken from stock for own use
iv. Wages due
v. Provision for doubtful debt required
vi. Provision for depreciation is to be provided as follows:
RM
29,750
340
420
2,400
620
straight line method
reducing balance method
30%
25%
Vehicles
Equipment
РОСО
SHOT ON POCO F2 PRO](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F95f70768-81a1-4bf6-a1f6-73b0d3da9277%2Ff5a58db4-aa53-49ed-9a68-e563124fc8f5%2Fk81dko_processed.jpeg&w=3840&q=75)
Transcribed Image Text:TOTAL
680.550 680.550
Additional information as at 31 January 2020:
No. Particulars
i. Stock valued at
ii. Insurance prepaid
ii. Goods taken from stock for own use
iv. Wages due
v. Provision for doubtful debt required
vi. Provision for depreciation is to be provided as follows:
RM
29,750
340
420
2,400
620
straight line method
reducing balance method
30%
25%
Vehicles
Equipment
РОСО
SHOT ON POCO F2 PRO
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