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V. Vettal Bhd is preparing its cash flow statement for the year ended 30 June 2022. (i) Dividends paid during the year were RM1,540,000. (ii)
V. Vettal Bhd is preparing its cash flow statement for the year ended 30 June 2022. (i) Dividends paid during the year were RM1,540,000. (ii) There were no amounts outstanding in respect of interest payable or receivable as at either year end. (iii) Total depreciation for the year was RM2,487,000. (iv) The only revaluation of fixed assets was of a piece of freehold land. (v) During the year, the company sold equipment for RM766,000 realising a profit of RM66,000 Required Prepare a cash flow statement for V.Vettel Bhd for the year ended 30 June 2022 in accordance with MFRS 107.(all workings should be shown)
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