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please want full answer with full work (how get answer) Maju Bhd manufactures and sells metal products. The following balances have been extracted from the
please want full answer with full work (how get answer)
Maju Bhd manufactures and sells metal products. The following balances have been extracted from the nominal ledger of Maju Bhd at 31 December 2019 and it is anticipated that the financial statements will be authorised for issue on 31 March 2020 . Additional information: i) Depreciation is charged as follows: ii) At year-end the fair value of investment in equity shares is RM1,840,000. There is no change in the value of the loan stock investment. iii) The tax expense for the year is RM4,700,000 Required: Prepare the following for Maju Bhd in compliance with MFRS 101 Presentation of Financial Statements: a) A statement of financial performance for the year ended 31 December 2019 . (10 marks) b) A statement of financial position as at 31 December 2019 . (10 marks)Step by Step Solution
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