The following trial balance was extracted from the books of Flora Trading as at st December
tableParticularsDebit,CreditRMRMSalesPurchasesRetum outwards,,Retum inwards,DiscountsCarriage expenses,Duty on purchases,Inventory as at January Salary expenses,Advertisement expenses,General expenses,StationeryUtilities expenses,Interest on loan,Rental received,,Commission received,,Alowance for doubtful debt January loan from Bank Rahmat,,Accounts payable,,Accounts receivable,Fumiture and fittings,Motor vehicles,MachineryBuildingAccumulated depreciation as at January :Motor vehicles,,MachineryCash in hand,Cash at bank,DrawingsCapitalInsurance expenses,Repairs and maintenance,Rental
Additional information:
Inventory as at December was valued at RM
Required:
a The Statement of Profit or Loss for the year ended December
