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$1.$ Depreciation is charged using the straight$-$line method on the cost of the assets at the following rate:

$$ Buildings $-5\%$

$$ Equipment $-15\%$

$$ Motor vehicles $-20\%$

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$2.$ Depreciation is categorised fully to administrative expenses.$$Interest income of RM$7,440$ earned on $31$ December $2022$ had not been recorded and paid to SoHot Bhd$.$

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$3.$ On $30$ November $2022,$ SoHot Bhd received a RM$15,625$ cheque as an advanced payment for sales of inventory. The transaction was recorded as unearned revenue. By $31$ December $2022,$ SoHot Bhd had delivered inventory amounted to RM$5,400$ to the customer.

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$4.$ Incurred expenses of RM$134,500$ in $2022$ which had not been paid and recorded. These expenses were categorised evenly between administrative expenses and distribution costs.

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$5.$ The full rental expense for the year was RM$30,000$ and this expense was categorised to administrative expenses. SoHot Bhd paid the outstanding amount on $1$ January $2023.$

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$6.$ The year$-$end supplies count revealed that SoHot Bhd$$s year$-$end supplies amounted to RM$28,407.$

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REQUIRED:

$($Show details of workings and round all numbers to the nearest RM$)$

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$($a$)$ Prepare all the adjusting entries for SoHot Bhd for the financial year ended $31$ December $2022.($Explanation may be omitted$)$

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$($b$)$ Prepare a Statement of Profit or Loss and Other Comprehensive Income for SoHot Bhd for the year ended $31$ December $2022$ according to MFRS $101$ Presentation of Financial Statements using one statement format.

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$($c$)$ Prepare a Statement of Financial Position for SoHot Bhd as at $31$ December $2022$ according to MFRS $101$ Presentation of Financial Statements.

$[$Please provide me with the full step$-$by$-$step answer to what's been required by the questions $($a$),($b$)$ & $($c$)$ above. Thanks in advance$]$

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