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Prepare statement of financial position as at december

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Reference no: EM132603900

Question - Following are the financial data for Bentara Jaya Sdn Bhd as at 31 December 2019.

Revenue (Sale) RM1,370,100

Account receivable RM540,000

Long term loan RM690,000

Cost of goods sold RM198,000

Property, plant and equipment RM1,150,000

Cash RM593,000

Common equity RM683,600

Account payable RM450,000

Inventory RM397,000

Interest expenses RM60,500

Operating expenses RM201,000

Income tax RM54,200

Based on the above financial data of Bentara Jaya Sdn Bhd, prepare;

(a) Statement of Comprehensive Income for the year ended 31st December 2019.

(b) Statement of Financial Position as at 31st December 2017.

Reference no: EM132603900

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