Less : Drawings38,410(17.000)44,650(22.630)21,41022,020Non-current LiabilitiesLoan from Jon Bank10,0007,500Current LiabilitiesAccount payable5.9007.20015.90037,31014.70036,720Required:Prepare statement of cash flow for DiDi Sdn Bhd for the year ended 31 December2020. 3. The following details taken from the books of DiDi Sdn Bhd for the year ending 31December 2020.DIDI Sdn BhdStatement Profit or Loss for the year ending 31 December 2020 (extract)RMRMGross profit| Add : Discount receivedProfit on sale of van44,7004106201.03045,730Less: ExpensesMotor expensesWagesGeneral expensesBad debtsIncrease in allowance for doubtful debts1,94017,200830520200Depreciation : van1.80022.49023,240Statement of Financial Position as at 31 December20192020RMRMRMRMNon-current AssetsVans at costless Depreciation15,400(5.30010,1008,200(3.100)5,100Current AssetsInventory18,6008,20024,0006,900Trade accounts receivables lessprovision*Bank41027,21037.31072031,62036,720Financed by :Capital account :Opening balanceAdd : Net Profit17,21021.20021,41023.240

Name: Less : Drawings38,410(17.000)44,650(22.630)21,41022,020Non-current Li
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: Less : Drawings38,410(17.000)44,650(22.630)21,41022,020Non-current LiabilitiesLoan from Jon Bank10,0007,500Current LiabilitiesAccount payable5.9007.20015.90037,31014.70036,720Required:Prepare statement of cash flow for DiDi Sdn Bhd for the year ende

Business

Accounting

38,410 Less : Drawings 44,650 (22.630) (17.000) 21,410 22,020 |Non-current Liabilities Loan from Jon Bank 10,000 7,500 Current Liabilities Account payable 5.900 7.200 15,900 37.310 14.700 36.720 Required: Prepare statement of cash flow for DIDI Sdn Bhd for the year ended 31 December 2020.

38,410 Less : Drawings 44,650 (22.630) (17.000) 21,410 22,020 |Non-current Liabilities Loan from Jon Bank 10,000 7,500 Current Liabilities Account payable 5.900 7.200 15,900 37.310 14.700 36.720 Required: Prepare statement of cash flow for DIDI Sdn Bhd for the year ended 31 December 2020.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

What is net income ? 251+113 =364 or only 251 ?????
Q4. From the following B/S of X Ltd. Prepare Fund Flow Statement: 31st March 31st March 2015 (Rs) Particulars Note No. 2014 (Rs) 1. Equity and Liabilities 1. Shareholders' Funds a) Share capital b) Reserve and surplus (Balance in Statement of Profit and Loss) 15,00,000 10,00,000 7,50,000 6,00,000 2. Non-current Liabilities Long-term borrowings 1 1,00,000 2,00,000 3. Current Liabilities a) Trade payables b) Short-term provisions (Provision for taxation) 1,00,000 95,000 1,10,000 80,000 25,45,000 19,90,000 Total II. Assets 1. Non-current assets a) Fixed assets (1) Tangible asse (ii) Intangible assets (Goodwill) b) Non-current investment 2. Current assets a) Inventories b) Trade Receivables c) Cash and cash equivalents 10,10,00 1,80,000 6,00,000 12,00,000 2,00,000 1,00,000 1,50,000 3,40,000 25,45,000 |19,90,000 1,80,000 2,00,000 3,75,000 Total Notes to Accounts: Particulars 31st March 31st March 2015 (Rs) 2014 (Rs) 1. Long-term borrowings: i) Debentures 2,00,000 ii) Bank loan 1,00,000…
Please solve this question
please answer this
Prepare statement of cash flow for ShafNita Sdn. Bhd. for the year ended 31 December 2020
5. The following list of balances obtained from Agro Trading as at 31 July 2020. PARTICULARS RM Cash in hand Cash at bank Account receivable Inventory as at 1 June 2019 Motor vehicles Plant and machinery Long term investment Freehold premises Account payable 10% Mortgage on freehold premises Capital 100 9,000 12,840 26,500 14,000 50,000 10,000 147,500 16,500 34,000 219,840 128,900 70,300 1,000 1,700 2,000 21,000 3,000 7,400 600 Purchases Wages and salaries Rates and taxes Interest on mortgage General expenses Carriage outwards Insurance premium Drawings Carriage inwards Advertising expenses Sales Sales returns 14,000 250,000 1,000 500 Purchases returns Discount received Discount allowed Allowance for doubtful debt 600 800 200 Inventory at 31 July 2020 was RM30,000. Required: i. Statement of Profit and Loss and Others Comprehensive Income for the year ended 31 July 2020. ii. Statement of Financial Position as 31 July 2020
Fiscal year is January-December. All values PHP Millions. 2020 2019 Cash & Short Term Investments 57,461 23,022 Cash Only 21,361 20,892 Short-Term Investments 36,100 2,130 Cash & Short Term Investments Growth 149.59% -4.75% Cash & ST Investments / Total Assets 27.26% 12.28% Total Accounts Receivable 7,050 5,906 Accounts Receivables, Net 5,796 5,370 Accounts Receivables, Gross 6,455 5,762 Bad Debt/Doubtful Accounts -659 -392 Other Receivables 1,253 537 Accounts Receivable Growth 19.36% 21.46% Accounts Receivable Turnover 18.34 30.41 Inventories 10,727 12,016 Finished Goods - 9,116 Raw Materials 7,680 228 Progress Payments & Other 3,048 2,673 Other Current Assets 4,802 4,675 Prepaid Expenses 4,661 4,436 Miscellaneous Current Assets 141 239 Total Current Assets 80,041 45,619 Net Property, Plant & Equipment…
Particulars As on 31.3.2019(Rupees. In Lacs)As on 31.3.2020(Rupees. In Lacs)Investment in FinancialAssets- 100Equity Share Capital 150 160Long term Loans taken 100 200Dividend paid - 26Dividend received - 10Interest received - 15 Calculate the debt-equity ratio & comment
71. During 2019, Dew Company, a service organization, had P200,000 in cash sales and P3,000,000 in credit sales The accounts receivable balances were P400,000 and P485,000 on December 31,2018 ans 2019 respectively. If the entity desires to prepare a cash basis income statement, what amount should be reported as sales for the current year? а. 3,285,000 b. 3,200,000 с. 3,115,000 d. 2,915,000
How much external funds would Batik Company need? Negative EFN of ₱81,705 Positive EFN of ₱81,705 Negative EFN of ₱385,675 Positive EFN of ₱385,675
What is National Co.’s free cash flow for 2022?
Q16. Use the following information to calculate the net liquid balance: Cash and equivalents $10 Accounts receivable = $30, Inventory = $25, Accounts payable $10, Notes payable = $25 a. $-25 b. $-15 c. $35 d.$70 Q17. Which of the following best characterizes a firm with current assets of $5,000 and current liabilities of $1,000? A.Liquid B.Solvent C.Insolvent D.Unprofitable Q18. which of the following best describes days sales outstanding? A. average time it takes to collect on a credit sale B. average length of time inventoried item is in stock before it is sold C. average length of time it takes to turn a cash outflow into a cash inflow D. average time between receipt of inventory and collection on a credit sale Q20. The ability of a firm to pay its bills on time while remaining a viable entity is referred to as: A.liquidity B. solvency C. cash conversion cycle D.the net liquidity balance