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Question 5 Beta Bhd , a public listed company based in Seremban, manufactures a wide variety of household cooking appliances. The following is the trial
Question
Beta Bhd a public listed company based in Seremban, manufactures a wide variety
of household cooking appliances. The following is the trial balance of Beta Bhd as at
December :
The following notes are relevant:
i The second halfyear interest on loan notes has not been
provided.
ii The plant was acquired at a cost of RM on January
and had an estimated residual value of RM with a
useful life of years. On December Beta Bhd was
informed by its major customer that it would no longer be
purchasing the cooking appliances from Beta Bhd due to closure
of its own business. The estimated net cash inflows to be earned
from the plant for the next three years will be:
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