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7 of 7 (e) Based on answer in (b), prepare a classified Statement of Financial Position as at 30 June 2017 (5 marks) Part B

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7 of 7 (e) Based on answer in (b), prepare a classified Statement of Financial Position as at 30 June 2017 (5 marks) Part B Bello Bhd occurred the following comparative Statements of Financial Position as at 31 December 2017 and 2016. Bello's net income for 2017 was RM205,000. Depreciation expense was RM29,000. BELLO BERHAD Comparative Statement of Financial Position 31 December 16 RM) (RM) Current Assets: Cash Accounts receivable Inventory Prepaid expenses 1,600 31,200 54,000 39,400 25,100 66,000 600 137,100 Total current assets 140,000 Current Liabilities: Accounts payable Accrued expense payable 14,300 27,700 30,000 Total current liabilities (a) Prepare the net cash provided by operating activities section of the company's Statement of Cash Flows for the year ended 31 December2017, using indirect (5 marks) (b) Provide any TWO (2) usefulness of information in a Statement of Cash Flows to (2 marks) method interested users. (c) Other than cash activities, a company may also have non-cash activities List THREE (3) significant non-cash activitios (3 marks) TOTAL 25 MARKS) End of Page

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