QUESTION 1 : A. Prepare the following for Sonic Manufacturer Sdn Bhd: i. Statement of Profit or Loss for the year ended 31 December 2017. ii. Statement of Financial Position as at 31 December 2017. QUESTION 2 : A. Prepare the Statement of Comprehen
Homework Answers
Request Answer!
We need at least 10 more requests to produce the answer.
0 / 10 have requested this problem solution
The more requests, the faster the answer.
Add Answer to:
QUESTION 1 : A. Prepare the following for Sonic Manufacturer Sdn Bhd: i. Statement of Profit or Loss for the year ended 31 December 2017. ii. Statement of Financial Position as at 31 December 2017. QUESTION 2 : A. Prepare the Statement of Comprehen
1) Prepare the statement profit or loss for the year ended 31 December 2018 2)Prepare the...
1) Prepare the statement profit or loss for the year
ended 31 December 2018
2)Prepare the financial position as that date.
The following is the trial balance of DRS Trading as at 31 al balance of DRS Trading as at 31 December 2018. Credit (RM) 16,500 34,000 246,290 DRS Trading Trial Balance as at 31 December 2018 Particulars Debit (RM) Cash at bank 18,750 Account Receivable 12,840 Inventory as at 1 January 2018 26,500 Motor vehicles 45,000 Freehold premises 215,000...
Prepare the Statement of Comprehensive Income for the year to and the Statement of Financial Position for Amelina Sdn. Bhd. as at 31 December 2020 for INTERNAL USE.
Wonderpapa Bhd Statement of Profit or Loss for the year ended 31 December 2016 RM RM...
Wonderpapa Bhd Statement of Profit or Loss for the year ended 31 December 2016 RM RM 7,000,000 (4.000.000 3,000,000 Turnover Cost of goods sold Gross Profit Less: Expenses Operating expenses Depreciation expenses Loss on sale of machinery Profit before taxation Taxation Net Profit after taxation 800,000 880,000 30,000 (1.710,000) 1,290,000 (300.000) 990,000 The following balances are reported on Wonderpapa Bhd's comparative Statement of Financial Position as at 31 December 2016 RM 2015 RM Non-current Assets Machinery Accumulated Depreciation 3,020,000 (1,647,000)...
Mawar Sdn. Bhd. presented the following balances in the company's statement of financial position for 2017...
Mawar Sdn. Bhd. presented the following balances in the company's statement of financial position for 2017 and 2016. December 31, 2017 December 31, 2016 RM RM Equipment 105,450 76,500 Accumulated depreciation-equipment (48.300) (30,600) Inventory 175.350 139,875 Accounts receivable 19,425 23.250 Cash 53.925 31,800 Ordinary share capital, no par value 207,000 165,000 Retained earnings 55,875 33,450 Accounts payable 38,475 35,625 Tax payable 4,500 6,750 Mawar Sdn. Bhd, presented the following statement of profit or loss for the year ended December 31,...
Unadjusted Financial Statements income Statement For the Year Ended December 31, 2017 Service revenue $70,600.00 Wages...
Unadjusted Financial Statements income Statement For the Year Ended December 31, 2017 Service revenue $70,600.00 Wages expense 44,300.00 Net income $26,300.00 Cole Designs Inc. Balance Sheet December 31, 2017 Assets Cash $5,000.00 Accounts receivable 32,600.00 Supplies 3,650.00 5 Prepaid insurance 4,000.00 6 Office equipment 11,000.00 Total assets $56,250.00 Liabilities Unearned revenue $9,500.00 Stockholders' Equity Common stock $12,000.00 12 Retained earnings 34,750.00 46,750.00 13 Total liabilities and stockholders'equity $56,250.00 Cole Designs Inc. Income Statement For the Year Ended December 31, 2017...
1.Prepare Statement of Profit or Loss 2.Prepare Statement of Financial Position. Clearwater Enterprise is a mer...
1.Prepare Statement of Profit or Loss
2.Prepare Statement of Financial Position.
Clearwater Enterprise is a mer Enterprise is a merchandising company which has business operations in Ipoh, The following balances have been extracted from the books as at 31 December 2016. profic or Debit (RM) po 30,000 Credit (RM) Machinery Accumulated depreciation - machinery Income Balon 10,000 Land9800219 STUOTE 2 Building 3d9b Tab 102 zivo1 20 Simon 250,000 120.000 24,000 40,000 22,500 61,400 Accumulated depreciation - building Loan from Ah...
The Statement of Profit or Loss and additional data of Supermommy Bhd. for the year ended...
The Statement of Profit or Loss and additional data of Supermommy Bhd. for the year ended 31 December 2017 is as follows: Statement of Profit or Loss for the Year Ended 31 December 2017 Sales Revenue Cost of Goods Sold Gross Profit Dividend Revenue Gain on Disposal of Non-current Assets Salaries Expense Depreciation Expense Bad Debt Expense Advertising Expense Interest Expense Income Tax Expense PROFIT FOR THE YEAR RM450,000 (150,000) 300,000 10,500 6,000 (80,000) (30,000) (3,000) (13,000) (1,500) (19,500) 169,500...
Accounting Question Prepare trading and profit and loss account for the year ended on 31 March...
Accounting Question
Prepare trading and profit and loss account for the year ended
on 31 March 2015
Particulars Credit ₹ 1,97,560 1,000 Debit ₹ 1,080 5,260 81,350 1,360 20,960 9,460 6,400 4,080 11,520 60,000 20,000 40,000 30,000 15,000 6,000 1,200 10,490 29,000 3,53,160 Cash in hand Cash at bank Purchases/Sales Returns Wages Fuel and Power Carriage on Sales Carriage on Purchases Stock (1.4.2011) Building Freehold land Machinery Salaries Patents General Expenses Insurance Drawings/Capital Sundry Debtors/Creditors 다 1,42,000 12,600 3,53,160
On December 31, 2020, the Statement of Financial Position of ABC partnership with profit or loss...
On December 31, 2020, the Statement of Financial Position of ABC partnership with profit or loss ratio of 4:1:5 is presented below: Cash 2,100,000 Liability to third person 5,600,000 Noncash asset 11,200,000 Alucard, capital 4,900,000 Baxia, capital 2,100,000 Claude, capital 700,000 On January 1, 2021, ABC partnership has been subjected to installment liquidation. As of January 31, 2021, the following data concerning liquidation are provided: o Noncash asset with book value of P8,700,000 has been sold at a loss of...
The draft statement of financial position of Linfield Limited for the year ended 31 December 2016 are as below:...
The draft statement of financial position of Linfield Limited for the year ended 31 December 2016 are as below: Statement of financial position as at 31 December 2016 (with comparative figures) 2016 2015 Non-current assets Property, plant and equipment 35,750 281,000 Investment properties 7,000 7,500 Intangibles assets 6,000 6,200 49,250 294,200 Current assets Inventories 3,980 4,545 Trade receivables 7,410 9,075 Short-term investments 500 Cash and bank 7,555 13,650 26,105 20,610 14,810 375,355 Total assets Equity and reserves Share capital 54,500...
1) Prepare the statement profit or loss for the year
ended 31 December 2018
2)Prepare the financial position as that date.
The following is the trial balance of DRS Trading as at 31 al balance of DRS Trading as at 31 December 2018. Credit (RM) 16,500 34,000 246,290 DRS Trading Trial Balance as at 31 December 2018 Particulars Debit (RM) Cash at bank 18,750 Account Receivable 12,840 Inventory as at 1 January 2018 26,500 Motor vehicles 45,000 Freehold premises 215,000...
Wonderpapa Bhd Statement of Profit or Loss for the year ended 31 December 2016 RM RM 7,000,000 (4.000.000 3,000,000 Turnover Cost of goods sold Gross Profit Less: Expenses Operating expenses Depreciation expenses Loss on sale of machinery Profit before taxation Taxation Net Profit after taxation 800,000 880,000 30,000 (1.710,000) 1,290,000 (300.000) 990,000 The following balances are reported on Wonderpapa Bhd's comparative Statement of Financial Position as at 31 December 2016 RM 2015 RM Non-current Assets Machinery Accumulated Depreciation 3,020,000 (1,647,000)...
Mawar Sdn. Bhd. presented the following balances in the company's statement of financial position for 2017 and 2016. December 31, 2017 December 31, 2016 RM RM Equipment 105,450 76,500 Accumulated depreciation-equipment (48.300) (30,600) Inventory 175.350 139,875 Accounts receivable 19,425 23.250 Cash 53.925 31,800 Ordinary share capital, no par value 207,000 165,000 Retained earnings 55,875 33,450 Accounts payable 38,475 35,625 Tax payable 4,500 6,750 Mawar Sdn. Bhd, presented the following statement of profit or loss for the year ended December 31,...
Unadjusted Financial Statements income Statement For the Year Ended December 31, 2017 Service revenue $70,600.00 Wages expense 44,300.00 Net income $26,300.00 Cole Designs Inc. Balance Sheet December 31, 2017 Assets Cash $5,000.00 Accounts receivable 32,600.00 Supplies 3,650.00 5 Prepaid insurance 4,000.00 6 Office equipment 11,000.00 Total assets $56,250.00 Liabilities Unearned revenue $9,500.00 Stockholders' Equity Common stock $12,000.00 12 Retained earnings 34,750.00 46,750.00 13 Total liabilities and stockholders'equity $56,250.00 Cole Designs Inc. Income Statement For the Year Ended December 31, 2017...
1.Prepare Statement of Profit or Loss
2.Prepare Statement of Financial Position.
Clearwater Enterprise is a mer Enterprise is a merchandising company which has business operations in Ipoh, The following balances have been extracted from the books as at 31 December 2016. profic or Debit (RM) po 30,000 Credit (RM) Machinery Accumulated depreciation - machinery Income Balon 10,000 Land9800219 STUOTE 2 Building 3d9b Tab 102 zivo1 20 Simon 250,000 120.000 24,000 40,000 22,500 61,400 Accumulated depreciation - building Loan from Ah...
The Statement of Profit or Loss and additional data of Supermommy Bhd. for the year ended 31 December 2017 is as follows: Statement of Profit or Loss for the Year Ended 31 December 2017 Sales Revenue Cost of Goods Sold Gross Profit Dividend Revenue Gain on Disposal of Non-current Assets Salaries Expense Depreciation Expense Bad Debt Expense Advertising Expense Interest Expense Income Tax Expense PROFIT FOR THE YEAR RM450,000 (150,000) 300,000 10,500 6,000 (80,000) (30,000) (3,000) (13,000) (1,500) (19,500) 169,500...
Accounting Question
Prepare trading and profit and loss account for the year ended
on 31 March 2015
Particulars Credit ₹ 1,97,560 1,000 Debit ₹ 1,080 5,260 81,350 1,360 20,960 9,460 6,400 4,080 11,520 60,000 20,000 40,000 30,000 15,000 6,000 1,200 10,490 29,000 3,53,160 Cash in hand Cash at bank Purchases/Sales Returns Wages Fuel and Power Carriage on Sales Carriage on Purchases Stock (1.4.2011) Building Freehold land Machinery Salaries Patents General Expenses Insurance Drawings/Capital Sundry Debtors/Creditors 다 1,42,000 12,600 3,53,160
The draft statement of financial position of Linfield Limited for the year ended 31 December 2016 are as below: Statement of financial position as at 31 December 2016 (with comparative figures) 2016 2015 Non-current assets Property, plant and equipment 35,750 281,000 Investment properties 7,000 7,500 Intangibles assets 6,000 6,200 49,250 294,200 Current assets Inventories 3,980 4,545 Trade receivables 7,410 9,075 Short-term investments 500 Cash and bank 7,555 13,650 26,105 20,610 14,810 375,355 Total assets Equity and reserves Share capital 54,500...
Most questions answered within 3 hours.
-
A battery, a 12 k ohm and a 3 k ohm resistors are connected in
parallel...
asked 17 seconds from now -
1)The all-cis isomer of 1,2,3,4,5,6-hexafluorocyclohexane (for
example, all six fluorines on the same face of the...
asked 1 minute ago -
The following values for a confined aquifer are measured from
the ground surface: depth to piezometric...
asked 3 minutes ago -
Which of the following is likely to make a market
inelastic?
When something is perceived as...
asked 15 minutes ago -
How might Groupon leverage technology to strategically create a
competitive advantage?
asked 18 minutes ago -
1/ In clinical trials of 3066 patients taking treatment A, 790
reported nausea as a side...
asked 30 minutes ago -
Inventory: You own a toy company and you are
producing wooden rocking horses. Assume you have...
asked 24 minutes ago -
c++ code that outputs the 25th number in the fibonacci
sequence
asked 27 minutes ago -
Trio Company reports the following information for the current
year, which is its first year of...
asked 32 minutes ago -
Question 3: Harold the Historian belongs to a University
suffering from extreme cutbacks. His income is...
asked 56 minutes ago -
Which of the following is the best explanation of why gas
diffusion at 1 atm and...
asked 1 hour ago -
Please answer all
1. The time interval required for the formation of two cells
from one...
asked 1 hour ago