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As an accountant at Syarikat Besta, you are assigned to prepare the statement of cash flow for the year ended 2019. You are given the

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As an accountant at Syarikat Besta, you are assigned to prepare the statement of cash flow for the year ended 2019. You are given the following statements of financial position: 2019 2018 Assets RM RM Cash 260,000 200,000 Accounts receivables 400,000 300,000 300, Inventory 360,000 400,000 - 360-400 Land 3,000,000 2,000,000 Building 3,000,000 3,000,000 Equipment 80,000 150,000 Accumulated depreciation - Equipment (30,000) (70,000) Total 7,070,000 5,980,000 Liabilities and Equity Accounts payables 240,000 200,000 ( 240,090 Bond payable 1,200,000 2,000,000 Common shares 2,400,000 1,200,000 Retained earnings 3,230,000 2,580,000 Total 7,070,000 5,980,000 Additional information: Profit for the period 2019 700,000 Bal told Dividends paid in 2019 finance 50,000 of Proceeds equipment sale sold 30,000 "Book value equipment (prior to sale) 20,000 and Depreciation expense in 2019 operates 10,000 It ford - 100 , OOD 1/. Bol b/d 2000 09 36/ 12. Additional information: $5 /01 P. Land 100, 009 3000, 010 The purchase of land and sale of equipment were made by cash. Based on the above information, you are required to prepare statement of cash flows for Syarikat Besta for the year ended 31 December 2019 using the indirect method. (Total / Jumlah: 20)

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