Below is a scrambled list of accounts of Jubli Berhad, a technology company (in RM mil). Construct the firm's income statement and balance sheet for year ended 31st December 2022. RM (in mil) Accounts payable Accounts receivable Accumulated depreciation Cash Cost of goods sold Common stock Depreciation expense Gross fixed assets income taxes Interest expense Long-term debt Marketable securities Prepaid expenses inventories Retained earnings Sales Selling, marketing & administrative expenses Short-term notes 4,400 2,500 4,200 3,300 17,000 13,800 1,500 24,500 15 1,000 10,000 12,400 3,200 1,500 8,000 30,000 10,000 7,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Below is a scrambled list of accounts of Jubli Berhad, a technology company (in RM mil).
Construct the firm's income statement and balance sheet for year ended 31st December 2022.
RM (in mil)
Accounts payable
Accounts receivable
Accumulated depreciation
Cash
Cost of goods sold
Common stock
Depreciation expense
Gross fixed assets
income taxes
Interest expense
Long-term debt
Marketable securities
Prepaid expenses
inventories
Retained earnings
Sales
Selling, marketing & administrative expenses
Short-term notes
4,400
2,500
4,200
3,300
17,000
13,800
1,500
24,500
15
1,000
10,000
12,400
3,200
1,500
8,000
30,000
10,000
7,000
Transcribed Image Text:Below is a scrambled list of accounts of Jubli Berhad, a technology company (in RM mil). Construct the firm's income statement and balance sheet for year ended 31st December 2022. RM (in mil) Accounts payable Accounts receivable Accumulated depreciation Cash Cost of goods sold Common stock Depreciation expense Gross fixed assets income taxes Interest expense Long-term debt Marketable securities Prepaid expenses inventories Retained earnings Sales Selling, marketing & administrative expenses Short-term notes 4,400 2,500 4,200 3,300 17,000 13,800 1,500 24,500 15 1,000 10,000 12,400 3,200 1,500 8,000 30,000 10,000 7,000
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