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.
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter18: Accounting For Income Taxes
Section: Chapter Questions
Problem 18E
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Question
![Less : Drawings
38,410
(17.000)
44,650
(22.630)
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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F77fcd1ac-b08e-419e-8408-96a0ce1caa9b%2Fbee51307-28b0-4ff0-aab6-db4c26891b24%2Fi1vb8h_processed.png&w=3840&q=75)
Transcribed Image Text:Less : Drawings
38,410
(17.000)
44,650
(22.630)
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.
![3. The following details taken from the books of DiDi Sdn Bhd for the year ending 31
December 2020.
DIDI Sdn Bhd
Statement Profit or Loss for the year ending 31 December 2020 (extract)
RM
RM
Gross profit
| Add : Discount received
Profit on sale of van
44,700
410
620
1.030
45,730
Less: Expenses
Motor expenses
Wages
General expenses
Bad debts
Increase in allowance for doubtful debts
1,940
17,200
830
520
200
Depreciation : van
1.800
22.490
23,240
Statement of Financial Position as at 31 December
2019
2020
RM
RM
RM
RM
Non-current Assets
Vans at cost
less Depreciation
15,400
(5.300
10,100
8,200
(3.100)
5,100
Current Assets
Inventory
18,600
8,200
24,000
6,900
Trade accounts receivables less
provision*
Bank
410
27,210
37.310
720
31,620
36,720
Financed by :
Capital account :
Opening balance
Add : Net Profit
17,210
21.200
21,410
23.240](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F77fcd1ac-b08e-419e-8408-96a0ce1caa9b%2Fbee51307-28b0-4ff0-aab6-db4c26891b24%2Fgmef92_processed.png&w=3840&q=75)
Transcribed Image Text:3. The following details taken from the books of DiDi Sdn Bhd for the year ending 31
December 2020.
DIDI Sdn Bhd
Statement Profit or Loss for the year ending 31 December 2020 (extract)
RM
RM
Gross profit
| Add : Discount received
Profit on sale of van
44,700
410
620
1.030
45,730
Less: Expenses
Motor expenses
Wages
General expenses
Bad debts
Increase in allowance for doubtful debts
1,940
17,200
830
520
200
Depreciation : van
1.800
22.490
23,240
Statement of Financial Position as at 31 December
2019
2020
RM
RM
RM
RM
Non-current Assets
Vans at cost
less Depreciation
15,400
(5.300
10,100
8,200
(3.100)
5,100
Current Assets
Inventory
18,600
8,200
24,000
6,900
Trade accounts receivables less
provision*
Bank
410
27,210
37.310
720
31,620
36,720
Financed by :
Capital account :
Opening balance
Add : Net Profit
17,210
21.200
21,410
23.240
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