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

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
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 13GI
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Prepare income statement
Particulars
Sales
Purchases
Salaries
Motor expenses
Rent
Insurance
General expenses
Premises
Motor vehicles
Account receivables
Account payable
Cash at bank
Cash in hand
Drawings
Capital
Ali Mamat Enterprise
Trial Balance as at 31 December 2019
TOTAL
Debit (RM) Credit (RM)
190,576
119,832
56,527
2,416
1,894
372
85
95,420
16,594
26,740
16,519
342
8,425
345.166
16,524
138,066
345.166
Transcribed Image Text:Prepare income statement Particulars Sales Purchases Salaries Motor expenses Rent Insurance General expenses Premises Motor vehicles Account receivables Account payable Cash at bank Cash in hand Drawings Capital Ali Mamat Enterprise Trial Balance as at 31 December 2019 TOTAL Debit (RM) Credit (RM) 190,576 119,832 56,527 2,416 1,894 372 85 95,420 16,594 26,740 16,519 342 8,425 345.166 16,524 138,066 345.166
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