Use the following account balances to prepare a statement of profit or loss for the year...
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Use the following account balances to prepare a statement of profit or loss for the year ended 28 February 2022. RM 9,000 200,000 153,200 1,000 2,000 16,500 1,000 2,100 1,100 9,600 3,900 3,200 300 Inventories @ 1 March 2021 Sales Purchases Returms outwards Returns inwards Salaries Carriage inwards Carriage outwards Insurance expense Rental expense Water and electricity Rental received Interest received Additional information: 1. Inventories as at 28 February 2022 is RM7,500. Required: Prepare a statement of profit or loss for the year ended 28 February 2022. Use the following account balances to prepare a statement of profit or loss for the year ended 28 February 2022. RM 9,000 200,000 153,200 1,000 2,000 16,500 1,000 2,100 1,100 9,600 3,900 3,200 300 Inventories @ 1 March 2021 Sales Purchases Returms outwards Returns inwards Salaries Carriage inwards Carriage outwards Insurance expense Rental expense Water and electricity Rental received Interest received Additional information: 1. Inventories as at 28 February 2022 is RM7,500. Required: Prepare a statement of profit or loss for the year ended 28 February 2022.
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Profit or loss statement For the Year Ended 28th February 2022 Particul... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
Posted Date:
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