Question: TUTORIAL 4 PART 2 QUESTION 1 (Pre-adjusted Financial Statements) The following trial balance is that of ACC117 Trading as at 31 March 2022. Debit)

TUTORIAL 4 PART 2 QUESTION 1 (Pre-adjusted Financial Statements) The following trial

TUTORIAL 4 PART 2 QUESTION 1 (Pre-adjusted Financial Statements) The following trial balance is that of ACC117 Trading as at 31 March 2022. Debit) ADE LOR (Credit) Particulars Debit (RM) Credit (RM) Purchases and sales 22,860 41,000 Inventory on 1 April 2021 5,100 Capital 1 April 2021 8,170 Bank Overdraft 4,300 Cash 140 Discount allowed and received 1,440 930 Returns inwards and outwards 790 570 Carriage outwards 2,180 Office expenses 450 Fixtures and fittings 1,210 Delivery van 2,000 Accounts receivable and accounts payable 11,900 6,720 Rent and insurance (Expenses) 1,790 Drawings (Equity) 2,850 Wages and salaries (expenses) 8,980 61,690 61,690 Accumulated depreciation (fixtures & Fittings) -Accumulated depreciation (Delivery van) 242 Additional information as at 31 March 2022: 380 a) Inventory on 31 March 2022 was RM4,250. (closing inventory) Required: Prepare the statement of profit or loss for the year ended 31 March 2022 and a statement of financial position as at that date. 6) Depreciation for Fixture & Fittings. 10% using SLM C) Depreciation for Delivery van 10%, using RBM

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