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
- Law of Tort Case Study, BAC, Malaysia John, a student at a local university, frequently visits a nearby coffee shop during his breaks. The coffee shop is owned
- EGB10403:Intermediate Microeconomics Assignment, MU, Malaysia explain with a relevant example why is it important for a business
- BBUI3103: Employment and Industrial Law Assignment, OUM, Malaysia Differentiate between dismissal and termination and consider whether the grounds of dismissal and termination
- A Windy Turbine Power Forecasting Model: Diploma in electrical and electronic engineering Report, IIU, Malaysia
- Research and Project Management Report, OUM, Malaysia Rajah 1 menunjukkan lukisan isometri bagi satu bongkah. Lukiskan secara manual saiz penuh bagi bongkah
- Managing Secured Environments, Assignment, MU, Malaysia- Surveys indicate that many workers are reluctant to report unethical practices, including stealing in the workplace
- Human Resources Management Thesis, UTM, Malaysia I have decided to conduct a study on occupational stress and work-life balance in the private sector
- EDF5544: Group counselling skills and psychotherapy Essay, MUM, Malaysia: Students are required to watch the above movie and complete a review of the movie based on the group therapy
- ETMS63020: Economic and Management Sciences Teaching 1 Assignment, SPU, Malaysia Explain with applicable relevant examples how would you apply the following didactical principle
- Construction Law Assignment, Uitm, Malaysia Explain to Fairuz the validity of the agreement and illustrate your answer with relevant cases under the law of contract
