#acc q1

QUESTION / SOALAN 1 Marks / Markah The following information was extracted from the balance sheet of Simpleman Bhd. for years 2017 and 2018: Particulars Cash Accounts Receivable Inventory Land and Building Motor Vehicle Retained Earnings General Reserves Accounts Payable Bill Payables Total Long Term Liabilities 2018 RM 40000 20000 50000 100000 200000 100000 66000 21000 23000 200000 2017 RM 25000 28000 70000 120000 25000 100000 58000 28000 32000 50000 a) Based on the above information, you are required to prepare a horizontal analysis for year 2018 by using year 2017 as the base year. (15) b) Give comments on the performance of Simpleman Bhd. (5) (Total / Jumlah: 20)