J Wright, a sole trader, extracted the following trial balance from his books at the close of business on 31 March 2020. Trial Balance as at 31 March 2020 Debit (RM) Credit (RM) Purchases 61,420 Sales 127,245 Inventory as at 1 April 2019 7,940 Capital as at 1 April 2019 25,200 Bank overdraft 2,490 Cash 140 Discounts received 62 Discount allowed 2,480 Returns inwards 3,485 Return outwards 1,356 Carriage outwards 3,210 Rent and insurance 8,870 Allowance for doubtful debt 630 Fixtures and fittings 1,900 Van 5,600 Debtors and creditors 12,418 Creditors 11,400 Drawings 21,400 Wages and salaries 39,200 General office expenses 320 Total 168,383 168,383 The following additional information as at 31 March 2020 is available: i. Wages and salaries was accrued by RM3,500. ii. Accrued office expense 16.00 iii. Rent prepaid was RM600. iii. Recognised the allowance for doubtful debt for the year for RM110. The total provision of doubtful debts increased to RM740. Statement for the year ended 31 March 2020 and a Statement of Financial Position as at 31 March 2020