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*Show working step by step *Follow the given format Format: 780000 Format : 69600 Format : 6675 Q1. If liabilities total RM 70000 and shareholders'
*Show working step by step *Follow the given format
Format: 780000 Format : 69600 Format : 6675 Q1. If liabilities total RM 70000 and shareholders' equity totals RM 50000, then total assets must be: Q2. Tatatititutu Sdn Bhd had retained earnings of RM 55000 at the end of last year. For the current year, profit was RM 18100 and dividends RM 15000. What is the balance in retained eamings at the end of the current year? Q3. If a firm has RM 1900 in inventories, a current ratio equal to 2, and a quick ratio equal to 1.1, what is the company's total CURRENT ASSETS? Q4. Suruhje Bhd purchased a machine on 1st January 2019 for RM 100000. Installation expenses were RM 13000. Salvage value after 9 years is RM 5000. On 1 August 2020, expenses for repairs were RM 3000. Depreciation is provided under straight line method. The Annual Depreciation amount is? QS. Aduh Sdn Bhd bought Machine 1 on 1st January 2016 at total costs of RM 1300000. The company uses declining balance method for depreciation at an annual rate of 10%. A 2nd smaller machine was bought on 1st January 2018 at a value of RM 800000. What would be the Accumulated Depreciation value shown in the Balance Sheet as at 31st December 2019? 599070 Format : 65000 Format: 448030Step by Step Solution
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