Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Given below are the consolidated statements of financial position and the consolidated statement of comprehensive income for Marry Ann Bhd. Additional information: The tax charge

Given below are the consolidated statements of financial position and the consolidated statement of comprehensive income for Marry Ann Bhd.

2018RM000Consolidated Statements of Financial Positionfor the year ended 31 December2019RM000Property, plant and equi

Consolidated Statements of Comprehensive Incomefor the year ended 31 December 2019Profit before taxShare of profits of ass

Additional information:

  1. The tax charge for the year and the dividends declared have all been paid.
  2. Group depreciation is RM40,000 and there was no disposal of non-current assets during the year.
  3. The holding’s interest in the subsidiary and associate remains unchanged.

QUESTION

  1. Prepare the group consolidated statement of cash flow for Mary Ann for 31 December 2019.

Consolidated Statements of Financial Position for the year ended 31 December 2019 2018 RM'000 RM'000 Property, plant and equipment Investment in associated company Inventory Cash 900 800 170 120 260 220 61 30 1,391 1,170 Ordinary shares of RM1 each Retained profits Non-controlling interest Trade payables 678 678 427 280 196 174 90 38 1,391 1,170

Step by Step Solution

3.49 Rating (149 Votes )

There are 3 Steps involved in it

Step: 1

ANSWER Consolidated Statement of Cash Flow for Mary Ann for 31st December ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting IFRS

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

3rd edition

1119372933, 978-1119372936

More Books

Students also viewed these Accounting questions