Additional information at 31 December 2020:[Maklumat tambahan pada 31 Disember 2020:]· Fixtures bought in 2020 cost RM800.[Lengkapan dibeli pada 2020 bernilai RM800.]· Van bought in 2020 cost RM11,000.[Van dibeli pada 2020 bernilai RMI1,000.]Required:[Dikehendaki:]Prepare statement of cash flow for ShafNita Sdn. Bhd. for the year ended 31 December2020. [Sediakan penyata aliran tunai untuk ShafNita Scin. Bhd bagi tahun berakhir 31 Disember 2020.] ShafNita Sdn. Bhd.Statement of Financial Position as at 31 DecemberNon Current Assets20192020RM RMRM.RMBuildingFixtures less accumulateddepreciation Van less accumulateddepreciation100,0003,6007.840111,440100,0004,00014.800118,800Current AssetInventoryTrade account receivable11,20012,8001,80024,80016,400BankCash440400Total assets26,24041,600Finance by:Саpital account:Balance at 1 JanuaryAdd: Net profit for the year137,680160,40074,08070,400105,08042,32020,000Cash introducedLess: DrawingsNon Current LiabilitiesLoan (repayable in 10 years time)144,480167,400Current LiablitiesAccount Payable(39.400)105,080(43.200)124,200Bank overdraft20,00030,000Retained earningsTotal liabilities and equity12,6006,01218832,60036,200137,680160,400

Cash flow statement is a statement which is prepared to find out the cash comes in and goes out , by…

Additional information at 31 December 2020: [Maklumat tambahan pada 31 Disember 2020:] · Fixtures bought in 2020 cost RM800. [Lengkapan dibeli pada 2020 bernilai RM800.] · Van bought in 2020 cost RM11,000. [Van dibeli pada 2020 bernilai RMI1,000.] Required: [Dikehendaki:] Prepare statement of cash flow for ShafNita Sdn. Bhd. for the year ended 31 December 2020 Sediakon nomvata aliran tunai vntuk ShatNita Sdhn Rhd hagi tahum herakhir 31 Disembher 2020 1

Additional information at 31 December 2020: [Maklumat tambahan pada 31 Disember 2020:] · Fixtures bought in 2020 cost RM800. [Lengkapan dibeli pada 2020 bernilai RM800.] · Van bought in 2020 cost RM11,000. [Van dibeli pada 2020 bernilai RMI1,000.] Required: [Dikehendaki:] Prepare statement of cash flow for ShafNita Sdn. Bhd. for the year ended 31 December 2020 Sediakon nomvata aliran tunai vntuk ShatNita Sdhn Rhd hagi tahum herakhir 31 Disembher 2020 1

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

Chapter12: Intangibles

Section: Chapter Questions

Problem 9MC

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