QUESTION 1 (20 marks) Following information has been extracted from Dora Enterprise's financial statements. Dora Enterprise Statement of Financial Position as at 31 December 2019 RM Current Asset Prepaid Insurance 320 Prepaid Wages 250 Accrued Interest Received 560 Current Liabilities Unearned Commission Received 830 Dora Enterprise Trial Balance as at 31 December 2019 Debit RM Credit RM 2,800 1,950 Insurance Wages Interest Received Commission Received 3,600 6,800 Additional information: On 31 December 2019: 1. II. III. Prepaid Wages RM450. Accrued interest received RM380 Unearned Commission Received RM200. Required: a) Prepare the following account: I. II. III. IV V. VI. Insurance Account Wages Account Interest Received Account Commission Received Account Statement of Profit or Loss for the year ended 31 December 2019 Statement of Financial Position as at 31 December 2019 (1.5 marks) (2 marks) (2 marks) (2 marks) (2.5 marks) (2 marks) b) Discuss any TWO (2) accounting concept that is being applied for Dora Enterprise. (8 marks)