i. Statement of Profit or Loss and Others Comprehensive Income for the year ended 31 December 2019. ii. Statement of Financial Position as at 31 December 2019.
i. Statement of Profit or Loss and Others Comprehensive Income for the year ended 31 December 2019. ii. Statement of Financial Position as at 31 December 2019.
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter9: Long-term Liabilities
Section: Chapter Questions
Problem 92PSB
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Tutorial 4
Submission date: 14 December 2020 before 12.00pm
1. Below is a trial balance of Ali Mamat Enterprise, extracted after one year's trading.
Ali Mamat Enterprise
Trial Balance as at 31 December 2019
Particulars
Sales
Purchases
Debit (RM) Credit (RM)
190,576
119,832
56,527
2,416
1,894
372
Salaries
Motor expenses
Rent
Insurance
General expenses
Premises
85
95,420
16,594
26,740
Motor vehicles
Account receivables
Account payable
Cash at bank
Cash in hand
16,524
16,519
342
Drawings
Сapital
8,425
138,066
TОTAL
345.166
345.166
Required:
i. Statement of Profit or Loss and
ers Comprehensive Income for the year
ended 31 December 2019.
ii. Statement of Financial Position as at 31 December 2019.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc3cd24e6-29fe-40fa-90f8-339eac0bbb61%2F6816febb-da0c-4d97-bdab-249b07bc6546%2Flpko4y_processed.jpeg&w=3840&q=75)
Transcribed Image Text:D Page view
A Read aloud ▼ Draw
Tutorial 4
Submission date: 14 December 2020 before 12.00pm
1. Below is a trial balance of Ali Mamat Enterprise, extracted after one year's trading.
Ali Mamat Enterprise
Trial Balance as at 31 December 2019
Particulars
Sales
Purchases
Debit (RM) Credit (RM)
190,576
119,832
56,527
2,416
1,894
372
Salaries
Motor expenses
Rent
Insurance
General expenses
Premises
85
95,420
16,594
26,740
Motor vehicles
Account receivables
Account payable
Cash at bank
Cash in hand
16,524
16,519
342
Drawings
Сapital
8,425
138,066
TОTAL
345.166
345.166
Required:
i. Statement of Profit or Loss and
ers Comprehensive Income for the year
ended 31 December 2019.
ii. Statement of Financial Position as at 31 December 2019.
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