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Statement of Financial Position as at 31 December 2017 Prominent Sorry RM ('000) RM ('000) Non-Current Assets Freehold Property Plant and Machinery Investment 1950
Statement of Financial Position as at 31 December 2017 Prominent Sorry RM ('000) RM ('000) Non-Current Assets Freehold Property Plant and Machinery Investment 1950 1250 795 375 1500 - 4245 1625 Current Assets Inventory 575 300 Trade Receivables 330 290 Cash 50 120 955 710 Total Assets 5200 2335 Equity and Liabilities Equity Share Capital-RMI Shares 2000 1000 Retained Earnings 1460 885 3460 1885 Non-Current Liabilities 12% loan stock 500 100 Current Liabilities Trade Payables Bank Overdraft 680 350 560 1240 350 Total Equity and Liabilities 5200 2335 Additional Information: 1. Prominent Co acquired 600,000 ordinary shares in Sorry Co. on 1 January 2013 for RM1,000,000 when the retained profit of Sorry Co. was RM200,000.
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Principles of Fraud Examination
Authors: Joseph T. Wells
4th edition
1118922344, 9781118803264, 1118582888, 9781118922347, 1118803264, 978-1118582886
