Company X works in the industrial domain. Below is the trial balance at the end

Company X works in the industrial domain. Below is the trial balance at the end of the year at 31/12/2006: Financial Data Gross Sales (80413113)
Sales Promotion 2388267
Stock I Raw Materials (at 1/1) 8535662
Stock I Finished Products (at 1/1) 6545157
Stock II Raw Material (at 31/12) 15040264
Stock II Finished Products (at 31/12) 19321514
Purchasing RM 55189532
Plant Salary 5514630
Plant Running cost (electricity maintenance phone etc) 12756800
Marketing Expenses 2000839
Sales Commission 2378067
Transportation + Warehouse 1394980
Warehouse Expenses 545265
Warehouse Rent 3500000
Sales Team Salary 4540000
Head Office salaries 98640
Office rent 71199
Office running cost 2456800
Cash and banks 11952534
Trade receivables 2742694
Employees account 3819681
PROPERTY PLANT AND EQUIPMENT 30048672
Trade payables (9148158)
Miscellaneous creditors (2912635)
Capital (49028445)
Loan from third (5549226)
Retained earnings (9427845) Noting that the plant was established in 01/01/2004 and no depreciation is calculated and the recommended depreciation rate for the plant equipments is 10%. Requirements: Close the ended fiscal year and issue the financial statement according to the existing data.