Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. orchid sdn. bhd. is a well-known company that sell

Orchid Sdn. Bhd. is a well-known company that sells fresh flower and plants. The company...

50.1K

Verified Solution

Question

Accounting

image

Orchid Sdn. Bhd. is a well-known company that sells fresh flower and plants. The company always ends their accounting period on the 30 April every year. The following are the balances extracted from their books on 30th April 2020. Sales Purchases Account receivable Account payable Electricity paid General expenses Cash Drawings Rent and insurance paid Equipment Short term loan Capital RM 81,000 63,000 11,000 10,000 4,000 8,000 6,000 9,000 7,000 46,000 17,000 46,000 Required: a. Prm OLU. Prepare the Trial Balance of Orchid Bhd. as at 30 April 2020. (12 marks) b. Suutenar. ....... Prepare the Statement of Profit or Loss for the year ended 30 April 2020. (7 marks) c. .. variyan puun Prepare the Statement of Financial Position as at 30 April 2020. (12 marks)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students