A NotesA Tutorial 12b My Tutoring | bartlebyA classroom.google.com/u/0/c/MTG×ODY10TAZNZY4/a/MjYwOTgyOTk4Mjl2/detailsE Appssuccessive years are shown below,= BFT106 POA 22A SEM 1 2020/Statement of Financial Position as 31 December2019RM2020RMRMRMO TutorialNon Current AssetLand and premises (cost RM52,000)Plant and machinery:(Cost RM19,000)(Cost RM25,000)44,00040,000AssignedSHAFAWATY MOH3 points14,250d or create19,60059,60058.250Current AssetInventoryTrade account receivableHand-in your Tutork as Done6,60017,8006,30012,600Assignment mustPlease be remindperson's work as ydetected, marks wBank7.10024.40082,65026,00085,600FINANCED BY :Capital account:Balance at 1 JanuaryAdd: Net Profit for the yearThank you.42,00018.00047,00022.00060,000(13,000)47,00069,000(15,000)54,000Less:DrawingCurrent LiabilitiesTrade account payableBank overdraft22,00013,65011,600Class comments35,65011,600Non Current LiabilitiesLoan(repayable December 2022)20.00085,60082,650Required:Prepare statement of cash flow for Fateh Enterprise for the year ended 31 December2020.9:27 PMP Type here to searchENG1/30/2021

Particulars RM RM Net Profit for the year 22000 Add; Depreciation being a non cash item 650…

Statement of Financial Position as 31 December 2019 2020 RM RM RM RM Hon Current Asset and and premises (cost RM52,000) Plant and machinery: (Cost RM19,000) (Cost RM25,000) 44,000 40,000 14,250 19,600 59,600 58,250 Current Asset nventory rade account receivable Зank 6,300 12,600 7.100 6,600 17,800 24.400 82,650 26.000 85,600 FINANCED BY : Capital account: Balance at 1 January Add: Net Profit for the year 42,000 18.000 47,000 22.000 60,000 (13,000) 47,000 69,000 (15,000) 54,000 ess:Drawing Current Liabilities rade account payable 22,000 11,600

Statement of Financial Position as 31 December 2019 2020 RM RM RM RM Hon Current Asset and and premises (cost RM52,000) Plant and machinery: (Cost RM19,000) (Cost RM25,000) 44,000 40,000 14,250 19,600 59,600 58,250 Current Asset nventory rade account receivable Зank 6,300 12,600 7.100 6,600 17,800 24.400 82,650 26.000 85,600 FINANCED BY : Capital account: Balance at 1 January Add: Net Profit for the year 42,000 18.000 47,000 22.000 60,000 (13,000) 47,000 69,000 (15,000) 54,000 ess:Drawing Current Liabilities rade account payable 22,000 11,600

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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selected intoomation The Following is Foom Meney Company's Cooperative balance Sheets At decombeo 31 2020 Rs.155,000 2019 es 260,000 fuaniture Accumulate d depseceation (74,400) 421y 400) The income state ment Yeports deptecti expense For the yegsnituse costng Jusniture costing seld Fos its the 170om the sale of Rs 36 000 Rs 105,000 book cash of Also was Value, furniture. Yee cuied Conpute
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