BKAN1013: Basic Accounting Assignment, UUM, Malaysia The unadjusted trial balance of GIGAMA Enterprise as of 31 December 2022 is as follows
| University | Universiti Utara Malaysia (UUM) |
| Subject | BKAN1013: Basic Accounting |
QUESTION
The unadjusted trial balance of GIGAMA Enterprise as of 31 December 2022 is as follows:
The followings are information related to year-end adjustments.
- Salaries accrued on 31 December 2022 were RM5,000.
- Insurance premiums that expired during the year were RM2,240.
- Office supplies on hand on 31 December 2022 were RM1,550.
- Unbilled customers at the end of the year amounted to RM7,000.
- The motor vehicle is purchased on 1 July 2022. It is estimated that the vehicle has an expected useful life of 20 years and has an RM10,000 scrap value. The business uses a straight-line method to depreciate the asset.
REQUIRED:
- Prepare the Statement of Profit or Loss and Other Comprehensive Income of GIGAMA Enterprise for the year ended 31 December 2022.
- Prepare the Statement of Changes in Equity of GIGAMA Enterprise for the year ended 31 December 2022.
- Prepare the Statement of Financial Position of GIGAMA Enterprise as of 31 December 2022.
Get Help By Expert
Seeking Online Assignment Assistance for BKAN1013: Basic Accounting? Look no further! Assignment Helper MY offers reliable and professional support tailored specifically to Universiti Utara Malaysia (UUM) students. Our expert team specializes in various subjects, including FIN555 Finance assignments, and excels in providing online support. With a track record of delivering excellent results, we guarantee timely delivery and complete confidentiality. Besides, our experts also provide you top Programming Assignment Help.
Answer
Recent Solved Questions
- Data Structure Assignment, SU, Malaysia The buycar is a used car reseller situated in Seri Kembangan, Selangor, Malaysia. The business owner is planning
- Marketing Assignment, UNM, Malaysia Classify firms according to the 4 different roles they might play leader, challenger, follower, and niche
- Master of Industrial and Organizational Psychology Dissertation, UMS, Malaysia Many organizations face challenges to motivate and foster commitment among their employees due
- Object Oriented Programming Assignment, UKM, Malaysia A student class has the following properties: Data Member Sample Data ID 2345, 4001 scores 56, 87, 0, 70 grade ‘A’, ‘B’. Methods public int getId()
- Managing Organizational Health Essay, UWS, Malaysia At first sight, the concept of measuring and managing business performance is straightforward not necessarily easy
- Object-oriented development with Java Assignment, APU, Malaysia APU Cafeteria Ordering System identify a business domain for a cafeteria. Construct a software solution using an object-oriented programming paradigm to support user registration
- BBBL2074: Business and Corporate Law Assignment, TARC, Malaysia Olive Foods Sdn. Bhd. is a relatively small company incorporated in Malaysia having its business premises in Rawang
- SSF2014: you are required to create a viable research design for either of the following topics: gender, crime: research method Assignment, UM, Malaysia
- As the Chief Financial Officer (CFO) of a public listed company (property sector) in Bursa Malaysia, you are evaluating an investment opportunity in a new project in Cyberjaya, Selangor: Corporate finance, Assignment, Malaysia
- BBMF 3073: Risk Management Assignment, UTAR, Malaysia Risk Management analysis is the discipline of identifying business risk and determining solutions to business risk
