Question 5 Hamdan's unadjusted trial balance is shown below. Capital as at 1 January 2021 Building...

 

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Question 5 Hamdan's unadjusted trial balance is shown below. Capital as at 1 January 2021 Building Office equipment Bank loan (due in 10 months) Cash at Bank Discount allowed Purchases and sales Returns Receivables and Payables Inventory as at 1 January 2021 Carriage inwards Carriage outwards General Expenses Cash in hand Drawings Discount received Salaries Office rental Utilities Additional Information: ● ● ● ● TOTAL ● Trial Balance as at 31 December 2021 RM 555,000 30,500 116,000 6,250 31,000 1,500 5,040 23,570 1,520 4,500 16,050 1,600 400 Required: 7,200 4,800 2,400 807,330 RM 493,078 115,000 51,649 2,200 144,003 1,400 807,330 A new office computer of RM4,500 was brought from home for office use unrecorded. Hamdan has wrongly recorded RM2,000 cheque payment into the account of bank loan which should be payment to account payable. Receivables RM300 has been posted to the purchase account. The depreciation for building and office equipment is charged at 2% and 20% per annum using the straight line method respectively. The inventory as at 31 December 2021 was RM15,210. a. Prepare General Journal for the above additional information. (6 marks) b. Prepare the statement of comprehensive income for the year ended 31 December 2021. (20 marks) c. Prepare the statement of financial position as at 31 December 2021. (14 marks] Question 5 Hamdan's unadjusted trial balance is shown below. Capital as at 1 January 2021 Building Office equipment Bank loan (due in 10 months) Cash at Bank Discount allowed Purchases and sales Returns Receivables and Payables Inventory as at 1 January 2021 Carriage inwards Carriage outwards General Expenses Cash in hand Drawings Discount received Salaries Office rental Utilities Additional Information: ● ● ● ● TOTAL ● Trial Balance as at 31 December 2021 RM 555,000 30,500 116,000 6,250 31,000 1,500 5,040 23,570 1,520 4,500 16,050 1,600 400 Required: 7,200 4,800 2,400 807,330 RM 493,078 115,000 51,649 2,200 144,003 1,400 807,330 A new office computer of RM4,500 was brought from home for office use unrecorded. Hamdan has wrongly recorded RM2,000 cheque payment into the account of bank loan which should be payment to account payable. Receivables RM300 has been posted to the purchase account. The depreciation for building and office equipment is charged at 2% and 20% per annum using the straight line method respectively. The inventory as at 31 December 2021 was RM15,210. a. Prepare General Journal for the above additional information. (6 marks) b. Prepare the statement of comprehensive income for the year ended 31 December 2021. (20 marks) c. Prepare the statement of financial position as at 31 December 2021. (14 marks]

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Particulars Computer ac 31122021 To Capital ac Date 31... View the full answer