The trial balance of Protege Enterprise as at 31 December 2019 is as follows: The trial balance

The trial balance of Protege Enterprise as at 31 December 2019 is as follows:

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The trial balance of Protege Enterprise as at 31 December 2019 is as follows: Credit RM) 72.440 Debit (RM) 165.520 3,520 65,980 4.360 2.680 25.100 Account receivables/payables Carriage inwards Inventory as at 1/1/2019 Cariage outwards Discount allowed/received Electricity and water Loan from Maybank (long-term loan) Return inwards/outwards Bank Premises Motor vehicles Furniture and fittings Cash Accumulated depreciation- Motor vehicles Accumulated depreciation-Furniture and fittings Salaries and wages Bad debts Rent received Printing and stationeries Drawings Insurance expenses Purchases/sales Allowance for doubtful debts Capital as at 1/1/2019 60 80.000 3.580 3.840 10.400 160.000 56,000 27,600 2,160 20.160 8.280 68,600 2.940 7,500 9.400 3.580 18.200 592.380 844.300 5,920 180,000 1,222,240 1,222,240 The following information needs to be taken into consideration: 1. Depreciation are to be provided based on the following: Motor vehicles -20% on book value, yearly basis Furniture and fittings - 10% on cost, yearly basis 2. A portion of the business premise was rented out for RM1,500 per month starting from 1 September 2019. 3. A debtor, Tania was declared a bankrupt in June 2019. The amount owed by him amounting to RM2,720 has not been adjusted yet. The trial balance of Protege Enterprise as at 31 December 2019 is as follows: Credit RM) 72.440 Debit (RM) 165.520 3,520 65,980 4.360 2.680 25.100 Account receivables/payables Carriage inwards Inventory as at 1/1/2019 Cariage outwards Discount allowed/received Electricity and water Loan from Maybank (long-term loan) Return inwards/outwards Bank Premises Motor vehicles Furniture and fittings Cash Accumulated depreciation- Motor vehicles Accumulated depreciation-Furniture and fittings Salaries and wages Bad debts Rent received Printing and stationeries Drawings Insurance expenses Purchases/sales Allowance for doubtful debts Capital as at 1/1/2019 60 80.000 3.580 3.840 10.400 160.000 56,000 27,600 2,160 20.160 8.280 68,600 2.940 7,500 9.400 3.580 18.200 592.380 844.300 5,920 180,000 1,222,240 1,222,240 The following information needs to be taken into consideration: 1. Depreciation are to be provided based on the following: Motor vehicles -20% on book value, yearly basis Furniture and fittings - 10% on cost, yearly basis 2. A portion of the business premise was rented out for RM1,500 per month starting from 1 September 2019. 3. A debtor, Tania was declared a bankrupt in June 2019. The amount owed by him amounting to RM2,720 has not been adjusted yet.