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BAC2624 15 ERBRUAR 2023 FINANCIAL ACCOUNTING AND REPORTING II QUESTION 3 The following are the financial statements of Global Berhad. Global Berhad Statement of Financial
BAC2624 15 ERBRUAR 2023 FINANCIAL ACCOUNTING AND REPORTING II QUESTION 3 The following are the financial statements of Global Berhad. Global Berhad Statement of Financial Position as at 31 December Additional Information: 1. Included in property, plant and equipment was a land acquired by cash. 2. During the year, a plant with carrying value of RM420,000 was disposed at a loss of. RM20,000. 3. Current year depreciation charged for depreciable property, plant and equipment were RM200,000. 4. Investment costing RM300,000 was sold for a gain of RM35,000. 5. During the year, the company utilized its retained earnings to fssue bomus shares its existing shareholders amounted to RM700,000. 6. A dividend was declared and paid during the year. Required: Prepare the Statement of Cash Flows for the year ended 31 December 2021 using indirect method in accordance with MFRS 107 Statement of Cash Flows. BAC2624 15 ERBRUAR 2023 FINANCIAL ACCOUNTING AND REPORTING II QUESTION 3 The following are the financial statements of Global Berhad. Global Berhad Statement of Financial Position as at 31 December Additional Information: 1. Included in property, plant and equipment was a land acquired by cash. 2. During the year, a plant with carrying value of RM420,000 was disposed at a loss of. RM20,000. 3. Current year depreciation charged for depreciable property, plant and equipment were RM200,000. 4. Investment costing RM300,000 was sold for a gain of RM35,000. 5. During the year, the company utilized its retained earnings to fssue bomus shares its existing shareholders amounted to RM700,000. 6. A dividend was declared and paid during the year. Required: Prepare the Statement of Cash Flows for the year ended 31 December 2021 using indirect method in accordance with MFRS 107 Statement of Cash Flows
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