Comparative statement of financial position of Alpha Sdn Bhd as at 31 December 2023 Cash at bank Accounts receivable fless: provision for doubtful Inventories Plant and equipment (NBV) Investment in government securities Total assets Ordinary shares 180 million 10% Preference shares. Retained earnings Accounts payable Tax payable Deferred taxation 10% Debentures Sales Less: Cost of sales Gross profit Operating expenses Operating profit Investment income Profit before tax Taxation Profit after tax Interim dividend paid Profit attributable to members Additional information: I. II. III. Required: b. 2023 BM million a. Prepare the cash flow statement for Alp Show the reconciliation of profit before # # # # 84.00 585.50 33.60 509.20 1.094.70 # Income statement for the year ended 31 December 2023 105.00 815.00 205.90 15.00 37.80 21.00 RM million 860.00 560.00 300.00 224.40 75.60 9.00 84.60 18.80 65.80 34.30 31.50 RM 279.70 258.70 1,094.70 802.20 50.40 219.00 134.40 (26 marks) (14 marks) 403.80 364.80 33.60 398.40 802.20 290.00 180.00 73.50 543.50 197.80 10.00 50.90 Operating expenses include depreciation charge for the year of RM46.8 million and an increase in provision for doubtful debts of RM2.5 million. During the year an item of plant with a net book value of RM19.2 million, was disposed off with a gain on disposal of RM14.4 million. The 10% Debentures were issued at par on 31 December 2023.
Comparative statement of financial position of Alpha Sdn Bhd as at 31 December 2023 Cash at bank Accounts receivable fless: provision for doubtful Inventories Plant and equipment (NBV) Investment in government securities Total assets Ordinary shares 180 million 10% Preference shares. Retained earnings Accounts payable Tax payable Deferred taxation 10% Debentures Sales Less: Cost of sales Gross profit Operating expenses Operating profit Investment income Profit before tax Taxation Profit after tax Interim dividend paid Profit attributable to members Additional information: I. II. III. Required: b. 2023 BM million a. Prepare the cash flow statement for Alp Show the reconciliation of profit before # # # # 84.00 585.50 33.60 509.20 1.094.70 # Income statement for the year ended 31 December 2023 105.00 815.00 205.90 15.00 37.80 21.00 RM million 860.00 560.00 300.00 224.40 75.60 9.00 84.60 18.80 65.80 34.30 31.50 RM 279.70 258.70 1,094.70 802.20 50.40 219.00 134.40 (26 marks) (14 marks) 403.80 364.80 33.60 398.40 802.20 290.00 180.00 73.50 543.50 197.80 10.00 50.90 Operating expenses include depreciation charge for the year of RM46.8 million and an increase in provision for doubtful debts of RM2.5 million. During the year an item of plant with a net book value of RM19.2 million, was disposed off with a gain on disposal of RM14.4 million. The 10% Debentures were issued at par on 31 December 2023.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:Comparative statement of financial position of Alpha Sdn Bhd as at 31 December 2023
Cash at bank
Accounts receivable fless: provision for doubtful
Inventories
Plant and equipment (NBV)
Investment in government securities
Total assets
Ordinary shares
180 million 10% Preference shares.
Retained earnings
Accounts payable
Tax payable
Deferred taxation
10% Debentures
Sales
Less: Cost of sales
Gross profit
Operating expenses
Operating profit
Investment income
Profit before tax
Taxation
Profit after tax
Interim dividend paid
Profit attributable to members
Additional information:
I.
II.
III.
Required:
b.
2023
BM million
a. Prepare the cash flow statement for Alp
Show the reconciliation of profit before
#
#
#
#
84.00
585.50
33.60
509.20
1.094.70
#
Income statement for the year ended 31 December 2023
105.00
815.00
205.90
15.00
37.80
21.00
RM million
860.00
560.00
300.00
224.40
75.60
9.00
84.60
18.80
65.80
34.30
31.50
RM
279.70 258.70
1,094.70
802.20
50.40
219.00
134.40
(26 marks)
(14 marks)
403.80
364.80
33.60
398.40
802.20
290.00
180.00
73.50
543.50
197.80
10.00
50.90
Operating expenses include depreciation charge for the year of RM46.8 million and an increase in provision for doubtful debts of RM2.5 million.
During the year an item of plant with a net book value of RM19.2 million, was disposed off with a gain on disposal of RM14.4 million.
The 10% Debentures were issued at par on 31 December 2023.
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