Hey, I dont know how to do it. Thankyou D Page viewA Read aloud ▼ DrawTutorial 4Submission date: 14 December 2020 before 12.00pm1. Below is a trial balance of Ali Mamat Enterprise, extracted after one year's trading.Ali Mamat EnterpriseTrial Balance as at 31 December 2019ParticularsSalesPurchasesDebit (RM) Credit (RM)190,576119,83256,5272,4161,894372SalariesMotor expensesRentInsuranceGeneral expensesPremises8595,42016,59426,740Motor vehiclesAccount receivablesAccount payableCash at bankCash in hand16,52416,519342DrawingsСapital8,425138,066TОTAL345.166345.166Required:i. Statement of Profit or Loss anders Comprehensive Income for the yearended 31 December 2019.ii. Statement of Financial Position as at 31 December 2019.

Statement of Comprehensive Income: comprehensive income consists of 1) a corporation's net income…

Answered: i. Statement of Profit or Loss and…

i. Statement of Profit or Loss and Others Comprehensive Income for the year ended 31 December 2019. ii. Statement of Financial Position as at 31 December 2019.

Cornerstones of Financial Accounting

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Publisher:Jay Rich, Jeff Jones

Chapter3: Accrual Accounting

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Problem 5MCQ: Dallas Company loaned to Ewing Company on December 1, 2019. Ewing will pay Dallas $720 of interest...

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Hey, I dont know how to do it. Thankyou

D Page view
A Read aloud ▼ Draw
Tutorial 4
Submission date: 14 December 2020 before 12.00pm
1. Below is a trial balance of Ali Mamat Enterprise, extracted after one year's trading.
Ali Mamat Enterprise
Trial Balance as at 31 December 2019
Particulars
Sales
Purchases
Debit (RM) Credit (RM)
190,576
119,832
56,527
2,416
1,894
372
Salaries
Motor expenses
Rent
Insurance
General expenses
Premises
85
95,420
16,594
26,740
Motor vehicles
Account receivables
Account payable
Cash at bank
Cash in hand
16,524
16,519
342
Drawings
Сapital
8,425
138,066
TОTAL
345.166
345.166
Required:
i. Statement of Profit or Loss and
ers Comprehensive Income for the year
ended 31 December 2019.
ii. Statement of Financial Position as at 31 December 2019.

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