SOPL

RM RM
SALES RM 104,100.00
LESS: RETURN INWARS RM 1,100.00
LESS: DISCOUNT ALLOWED RM 500.00
Net sales RM 102,500.00

LESS: COST OF GOODS SOLD

Opening Stock RM 20,570.00
Purchases RM 67,500.00
LESS: RETURN OUTWARD RM 950.00
LESS: DISCOUNT RECEIVED RM 400.00
Less: Drawing RM 4,100.00
Add : Carriage Inwards RM 600.00
Net Purchase RM 83,220.00
Less: Closing Stock RM 15,000.00
Gross Profit RM 4,280.00
ADD: OTHER INCOME
RENT RECEIVED RM 4,000.00
COMISSION RECEIVED RM 1,500.00
Total Revenue RM 9,780.00

LESS: EXPENSES
Salaries Expenses RM 5,050.00
Electricity and water expenses RM 6,200.00
Advertisement Expenses RM 1,500.00
Rent Expenses(3000-2000) RM 1,000.00
Petrol Expenses RM 750.00
Insurance Expenses RM 2,000.00
Carriage Outwards RM 750.00
Interest on loan(10% x 50000 x 6/12) RM 2,500.00
Bad Debts RM 1,000.00
Increase in AFDD(10% x 74730) RM 7,473.00
Depreciation of F&F RM 11,250.00
Depreciation of Office Equipment RM 5,250.00 RM 44,723.00
NET PROFIT -RM 34,943.00
 RM RM
RM 104,100.00 Cost
RM 1,100.00 NON-CURRENT ASSETS
RM 500.00 Furniture& Fittings RM 15,000.00
RM 102,500.00 Motor Vehicles RM 23,300.00
office equipment RM 10,500.00
10% Fixed Deposit

Currents Assest
Closing Stock RM 15,000.00
Acc Receivable(75730-1000(bd)) RM 74,730.00
Less: Afdd(7473-2500) RM 4,973.00
NET ACC RECEIVABLE RM 84,757.00
RM 83,220.00 CASH IN HAND RM 5,700.00
RM 15,000.00 CASH IN BANK(27200-800) RM 26,400.00
RM 4,280.00
Rent expenses paid in advance RM 2,000.00
RM 4,000.00 Total CA
RM 1,500.00 TOTAL ASSETS
RM 9,780.00
Owner Equity
Capital
ADD: NET PROFIT
LESS:DRAWING

NON-CURRENT LIABILITIES
10% myb loan

Current Liabilities
Account Payable
Accrued Electricity and Water

TOTAL OE & LIABILTIES

RM 44,723.00
-RM 34,943.00
 RM RM RM
Cost Acc.Dep CV/NBV

RM 15,000.00 RM 11,250.00 RM 3,750.00

RM 23,300.00 RM 4,427.00 RM 18,873.00
RM 10,500.00 RM 5,250.00 RM 5,250.00
RM 25,000.00
RM 52,873.00

RM 15,000.00
RM 74,730.00
RM 4,973.00
RM 84,757.00
RM 5,700.00
RM 26,400.00

RM 2,000.00
RM 118,857.00
RM 171,730.00

RM 92,380.00
-RM 34,943.00
RM 4,100.00
RM 53,337.00

RM 50,000.00

RM 26,500.00
RM 500.00

RM 130,337.00