1. BKAF 2043 FINANCIAL ACCOUNTING AND REPORTING 1
Assignment 2
A. The adjusted trial balance of RDE Financial Planners Bhd appears below.
RDE FINANCIAL PLANNERS BHD
Adjusted Trial Balance
31 December 2012
RM’000 RM’000
Cash 4,400
Accounts Receivable 12,200
Inventory 1,800
Office Equipment 11,000
Accounts Payable 3,800
Unearned Revenue 7,000
Share Capital - Ordinary 10,000
Retained Profits 4,400
Dividends 2,500
Service Revenue 13,700
Office Expense 600
Depreciation Expense 2,500
Tax Expense 2,000
Rent Expense 1,900
38,900 38,900
REQUIRED:
Prepare the financial statements of RDE Financial Planner Bhd for the year ended 31 December
2012 as below, using the information from the above adjusted trial balance.
(a) Statement of Profit or Loss and Other Comprehensive Income
(b) Statement of Changes in Equity
(c) Statement of Financial Position
