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i don't get balance for this question. first financial statement STATEMENT OF CASH FLOW EXAMPLE The financial statements below relate to Rahim Berhad, a retail

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i don't get balance for this question.

first financial statement

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STATEMENT OF CASH FLOW EXAMPLE The financial statements below relate to Rahim Berhad, a retail company. Statement of Financial Position as at 31May: 2018 2019 RM'000 RM'000 RM'OOO RM'OOO Non-current assets Property, plant and equipment 9300 15000 Accumulated depreciation 3900 4800 5400 10200 Current assets Inventory 1000 1160 Accounts receivable 460 720 Bank 340 1800 1880 Total 7200 12080 Financed by Equity and liabilities Capital and reserves Ordinary share capital RM1 4740 7000 Share premium 300 600 Retained profit 940 2104 Revaluation reserve 0 1000 5980 10704 Non-current liabilities 10% Debentures 200 0 Current liabilities Accounts payable 730 900 Taxation 290 360 Bank overdraft 116 1020 1376 Total 7200 12080 Income Statement for the year ending 31st May 2019 RM'000 Operating profit 2,084 Interest charges for year (20) Net profit before taxation 2,064 Income tax charge for year (360) Net profit after taxation 1,704The following additional information is available regarding Rahim Berhad: 1. During the year to 31st May 2019 the dividends paid on the company's ordinary shares total RM540.000. 2. Operating prot had been determined after charging depreciation amounting to RM1,400.000 on the company's non-current assets for the year to 31st May 2019. 3. During the year the building was revalued upward by RM 1,000,000. 4. During the year ended 31st May 2019. the company sold non-current assets for RM360,000. These non current assets had a net book value amounting to FEM-400.000 at the time of their disposal. Required: at Prepare a Cash Flow Statement (using the indirect method} for Rahim Berhad for the year ending 31st May 2019 in accordance with the requirements of MFRS10T. (12 marks) (b) Comment briey on the financial situation of Rahim Berhad as shown by the Cash Flow Statement you have prepared. (3 marks) The following is the Trial Balance of Mydin Bhd as at 31 December 2019: Debit Credit RMODO RMOOD Machinery at cost 15,800 Accumulated depreciation of machinery 5,200 Motor vehicles at cost 650 Accumulated depreciation of motor vehicles 240 Furniture & equipment at cost 85 Accumulated depreciation of furniture & equipment 25 10% Debentures 1,200 Ordinary share capital of RM1.00 each 6,600 Share premium 260 Trade payables 230 Trade receivables 420 Provision for doubtful debts 18 Sales 19,500 Purchases 12,100 Salaries & wages 3.200 Bank 120 Bad debts 8 Retum inwards 34 Return outwards 21 Discount allowed 16 Insurance 36 Loan interest 60 Rent and rates 240 Miscellaneous expenses 15 Inventory, 1st January 2019 1.400 Accumulated profits, 1 January 2019 650 34,064 34,064 The following additional information is available: 1. Inventory at 31 December 2019 is valued at RM1,500,000. 2. At 31 December 2019 insurance are prepaid by RM5,000 and rent of RM4,000 is due but yet to be paid. 3. The provision for doubtful debts is fixed at 5% of trade receivable balances. Bad debts of RM2,000 are to be written off. 4. Interest on debenture was paid only for 1st half year. 5. Depreciation of motor vehicles and furniture & equipment are based on 10% per annum on cost and to be added to administrative cost. Machinery is depreciated at 10% per annum on reducing balance method and is to be added to cost of sales. 6. Corporate tax for the year is estimated to be RM37,000. 7. The expense items in the income statement should be apportioned as below: Cost of Distribution Administrative sales cost expenses Miscellaneous expenses 100 Rent, rates and insurance 40 20 40 Salaries and wages 50 25 25 Required: Prepare the Income Statement of Mydin Bhd for the year ended 31 December 2019 and the Statement of Financial Position at that date in a form suitable for publication

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