Required 1) Trial balance 2) SOCI (statement of comprehensive Income) 3) SOFP (statement of financial position) 1.0
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Required
1) Trial balance
1) Trial balance
2) SOCI (statement of comprehensive Income)
3) SOFP (statement of financial position)
Transcribed Image Text:
1.0 BUSIN Mr. Azlan started a sole proprietorship business, Azlan Motor Enterprise on 1 December 2022 with an initial start-up capital of RM 100 000. The location of the business is at Indera Mahkota 14, Kuantan Pahang. The business is open daily from 9 a.m. to 6 p.m. except on Sundays and public holidays. His business sells new and used motorcycles, motorcycle spare parts and also motorcycle exterior accessories. The business adopts the standard 12 months financial year. At the end of the month, the closing inventory for the business is RM18, 550. 2.0 LIST OF TRANSACTIONS The following are the business transactions incurred in the month of December 2022: Date Transaction 1.0 BUSIN Mr. Azlan started a sole proprietorship business, Azlan Motor Enterprise on 1 December 2022 with an initial start-up capital of RM 100 000. The location of the business is at Indera Mahkota 14, Kuantan Pahang. The business is open daily from 9 a.m. to 6 p.m. except on Sundays and public holidays. His business sells new and used motorcycles, motorcycle spare parts and also motorcycle exterior accessories. The business adopts the standard 12 months financial year. At the end of the month, the closing inventory for the business is RM18, 550. 2.0 LIST OF TRANSACTIONS The following are the business transactions incurred in the month of December 2022: Date Transaction
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A trial balance is a financial statement that lists the ba... View the full answer
Related Book For
Fundamental Accounting Principles Volume 1
ISBN: 9781259259807
15th Canadian Edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
Posted Date:
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