Income statment for Ali Mamat company Ali Mamat EnterpriseTrial Balance as at 31 December 2019Debit (RM) Credit (RM)190,576ParticularsSalesPurchasesSalariesMotor expensesRent119,83256,5272,4161,894InsuranceGeneral expensesPremisesMotor vehiclesAccount receivablesAccount payableCash at bankCash in handDrawings|Capital3728595,42016,59426,74016,52416,5193428,425138,066345.166ТОTAL345.166

Formula: Net Income = Total revenues - Expenses.

Answered: Ali Mamat Enterprise Trial Balance as…

Ali Mamat Enterprise Trial Balance as at 31 December 2019 Debit (RM) Credit (RM) 190,576 Particulars Sales Purchases Salaries Motor expenses Rent Insurance 119,832 56,527 2,416 1,894 372

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity

Section: Chapter Questions

Problem 6E: Balance Sheet Baggett Companys balance sheet accounts and amounts as of December 31, 2019, are shown...

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