Question: Please help me .. Please hlp me solve this please QUESTION 2 Vovi is the owner of Ana Enterprise. The following is the extract of

Please help me .. Please hlp me solve this please

Please help me .. Please hlp me solve this please QUESTION 2

Vovi is the owner of Ana Enterprise. The following is the extract

QUESTION 2 Vovi is the owner of Ana Enterprise. The following is the extract of Trial Balance for Ana Enterprise as at 31 December 2021. Debit RM) Credit (RM) 100,000 50,000 20,000 8,000 700 1,000 85,000 24,000 150,000 8,500 400 Sales Purchases Account receivables Account payables Return inwards and return outwards Motor vehicles at cost Office equipment at cost Land and building Accumulated depreciation: Motor vehicles Office equipment Salaries and wages Utilities bills Rental Cash Bank Carriage inward Carriage outward 8% loan from BIMB Drawings Discount allowed and discount received Allowance for doubtful debt Capital Inventories as at 1 January 2021 1,400 15,000 600 2,000 22,000 55,000 1,200 2,400 150,000 700 400 200 500 164,600 5,000 434,300 434,300 a. Additional information: 1. Inventories as at 31 December 2021 is valued at RM8,800. 2. Depreciation is to be provided as follows: Motor vehicles at 10% on reducing balance method b. Office equipment at 10% on straight line method 3. Maya, one of the receivables died on 10 December 2021 and her debt of RM200 need to be written off. 4. Allowance for doubtful debt need to be adjusted at 5% on outstanding account receivables. 5. There was an outstanding amount of utilities bills of RM200 at year end. 6. RM1,000 included in the salaries is for January 2022. 7. Vovi took RM2,000 of goods for her personal use. 8. Loan from Bank Islam Malaysia Berhad (BIMB) was taken on 1 January 2021 and no interest on that loan had been paid. 9. Vovi contributed additional RM20,000 cash into the business. Required: Statement of Profit or Loss for the year ended 31 December 2021. Statement of Financial Position as at 31 December 2021. a. b

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