Question: QUESTION 1 (a) Find the value of X using the comparison method in profit and loss statement. The financial year end start 15 January and

 QUESTION 1 (a) Find the value of X using the comparison

QUESTION 1 (a) Find the value of X using the comparison method in profit and loss statement. The financial year end start 15 January and end 31 December Capital on 1 Jan (RM) Capital on 31 Dec (RM) Additional Capital (RM) Total Net Drawings profit (RM) (RM) Net Loss (RM) X 0 1 2 3 4 5 36,900 41,700 12,000 44,850 X 46,800 42,750 1,480 X 66,330 8,550 7,200 X 11,310 11,670 3,450 4,500 4,000 9,450 6,360 0 0 12,420 0 X 17,320 5,520 0 Required:- Please compute X in each question by showing the working using. i) Equation format ii) T-Format

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