Question 5 The following year-end unadjusted trial balance is for Jaya as at 31 December 2018. Jaya.

Question 5 The following year-end unadjusted trial balance is for Jaya as at 31 December 2018. Jaya Unadjusted Trial Balance as at 31 December 2018   RM   Land 610,000   Building 335,000   Accumulated Depreciation – Building     Office Equipment 40,000   Accumulated Depreciation – Equipment     Investment in Shares 380,000   Intangible Assets – Licensing Agreement 70,000   Supplies 41,900   Accounts Receivable 106,400   Cash 33,500   Accounts Payable     Supplies Payable     Long-term Note Payable     Jaya , Capital     Jaya , Withdrawals 90,000   Services Fees Earned     Salaries Expense 213,500   Insurance Expense 25,800   Utilities Expense 32,000   Repair Expense 13,500   Interest Expense 15,000     2,006,600   RM 194,300 16,000 51,000 14,300 310,000 800,000 621,000 2,006,600 8 Additional information: Depreciation on building is at 2% per annum Depreciation on office equipment is at 20% per annum. Doubtful debts are estimated to be 1% of service fees earned. Required: a. Prepare the Statement of Comprehensive Income for the Year Ended 31 December 2018.  b. Prepare the Statement of Financial Position as at 31 December 2018.     

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Question 5 The following year-end unadjusted trial balance is for Jaya as at 31 December 2018. Jaya.
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