Alyah and her husband are shareholders of A&G Sdn Bhd. The company trades in bathroom and...
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Alyah and her husband are shareholders of A&G Sdn Bhd. The company trades in bathroom and toilet accessories. The company closes its account on 31 Dec annually. Alyah is paid a monthly salary of RM10,000 as the chief operating officer of the company. Other information is as follows: Losses brought forward from previous years RM150,000 Adjusted loss from current year RM3,000 Capital allowance brought forward RM5,000 Capital allowance from current year RM200 Alyah has forecasted the following income for the business: Statutory income for the next 12 month RM156,000 Required: Due to the previous year losses, she feels that the business is not sustainable in the long run. Make suggestions to help Alyah's business becoming more efficient. Alyah and her husband are shareholders of A&G Sdn Bhd. The company trades in bathroom and toilet accessories. The company closes its account on 31 Dec annually. Alyah is paid a monthly salary of RM10,000 as the chief operating officer of the company. Other information is as follows: Losses brought forward from previous years RM150,000 Adjusted loss from current year RM3,000 Capital allowance brought forward RM5,000 Capital allowance from current year RM200 Alyah has forecasted the following income for the business: Statutory income for the next 12 month RM156,000 Required: Due to the previous year losses, she feels that the business is not sustainable in the long run. Make suggestions to help Alyah's business becoming more efficient.
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