In: Accounting
Below is an Unadjusted Trial Balance of Jasa Tading Bhd at 31 December 2019.
Dr. (RM) |
Cr. (RM) |
|
Account receivables |
109,658 |
|
Buildings |
1,372,680 |
|
Cash |
1,314,264 |
|
Cost of goods sold |
856,152 |
|
Equipment |
504,000 |
|
Patent |
60,276 |
|
Income tax expense |
60,340 |
|
Inventory |
551,950 |
|
Land |
766,800 |
|
Maintenance and repair expenses |
11,953 |
|
Office expense |
14,086 |
|
Prepaid insurance |
48,000 |
|
Property tax expense |
1,680 |
|
Salaries and wages expenses |
25,334 |
|
Sales returns and allowance |
1,176 |
|
Accounts payable |
36,936 |
|
Accumulated depreciation – buildings |
137,268 |
|
Accumulated depreciation - equipment |
252,000 |
|
Deferred tax liability |
21,600 |
|
Gain on revaluation of properties |
29,640 |
|
Gain on sale of land |
109,560 |
|
Gain on translation of foreign operations |
5,880 |
|
Notes payable |
194,400 |
|
Rent revenue |
57,600 |
|
Retained earnings |
912,720 |
|
Revaluation reserve |
560,640 |
|
Translation of foreign operations reserve |
263,160 |
|
Sales revenue |
2,238,180 |
|
Share capital |
878,765 |
|
5,698,349 |
5,698,349 |
Additional information:
1. Journal Entries -
2. Income Statement and Other Comprehensive Income -
3. Balance Sheet -