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find the value of (I) and (j) please can you just give a solution too so I can be able to solve it thank you
find the value of (I) and (j)
please can you just give a solution too so I can be able to solve it
thank you cheg
Income Statement Revenue Cost of Good Sold Gross Profit Expenses Salaries Rent Depreciation Interest Earning before tax tax paid Net income Retained Earning Statements Opening Capital Net income less dividend RM 102,007 -39023 62,984 26427 (a) 20000 2500 59890 3,094 -1120 (b) RM 50,000 (c) -550 4 Balance Sheet Assets Cash Debtors Inventory Prepaid expenses Total Assets Liability Creditors Equity Retained Earning at the end less Drawing Cash Flow Statement Operating Cash Flow Cash Sales less Cash Purchases RM (1) 2250 7805 12760 (h) (j) 51424 -15609 (k) RM 20000 -15000 Find the value of (i) and (j). Select one: O A. (i) = RM 16,000; (j) = RM 4,000 OB. (i) = RM 16, 400; (j) = RM 3,000 O C. (i) = RM 16,400; (j) = RM 3,400 OD. (i) = RM 16,400; (j) = RM 9,000 Next page Retained Earning Statements Opening Capital Net income less dividend Retained Earning at the end of period RM 50,000 (c) -550 (d) 2 Cash Flow Statement Operating Cash Flow Cash Sales less Cash Purchases Net Operating Cash Investing Cash Flow Sale of Equipments Net Investing cash Financing Cash Flow Interest paid Net Cash Flow Plus Cash at the beginning Closing cash balance/at the end RM 20000 -15000 (e) 15200 15200 -5300 -5300 (f) 150Step by Step Solution
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