User Account

All Pages

Prepare consolidated cash flow statement of syarikat sentosa

Assignment Help Financial Accounting
Reference no: EM132974041

Operating expenses include depreciation expense of RM50,000 and charges from prepaid expenses of RM4,200.

  • Land was sold for cash at cost.
  • Profit for the period 20X9 was RM35,300.
  • Equipment was purchased for RM55,000 cash. In addition, equipment costing RM40,000 with a book value of RM23,000 was sold for RM24,000 cash.
  • Bonds were converted at face value by issuing 30,000 shares of RM1 par value ordinary shares.
  • Net sales in 20X9 were RM67,000.

Required:

Problem 1: Prepare the consolidated cash flow statement of Syarikat Sentosa for the year ended 20X9 using the indirect method.

Reference no: EM132974041

Questions Cloud

Discuss how cryptocurrency works : Using paragraphs, discuss how cryptocurrency (BitCoin) works. Please provide in-text citations, supported by references (including link).
Prepare a balance sheet and include a complete heading : Alphabetical order are the balance sheet items of ABC Company at December 31, 2017. Prepare a balance sheet and include a complete heading.
How much cash will be freed up for williams and sons : Increase the firm's inventory turnover ratio to 9 while maintaining the same level of sales and COGS, how much cash will be freed up?
Address the climate crisis : How does the hearing of this U.N. report on the climate crisis and the above affect you, your values, your sense of the world and its future?
Prepare consolidated cash flow statement of syarikat sentosa : Operating expenses include depreciation expense. Prepare consolidated cash flow statement of Syarikat Sentosa for the year ended 20X9 using the indirect method.
Describe analysis technique : Provide 5 analysis techniques, which you can use to determine the likelihood of risks occurring, and then describe more details ineach analysis technique.
What is the company average accounts receivable : The company averages $8,250 in sales each day (all customers take credit). What is the company's average accounts receivable? Assume a 365-day year.
Explain the cost in life of the winter storm : Explain the cost in your life of the winter storm (natural disaster) that created chaos in Texas last Spring. Not only the monetary cost (burst pipes, rotten fo
Determine the consolidated amount that should be shown : Determine the consolidated amount that should be shown for receivables and payables. On 1 January 20X8, Red Berhad acquired 80% of Velvet Berhad ordinary share

Reviews

Write a Review

Financial Accounting Questions & Answers

  What will loan procceds be to company at loan disbursement

$112,360 is face value of a note with a discount interest basis at a simple annual rate of 11%. What will loan procceds be to the company at loan disbursement

  Determine an investment and variable costing

How will what you learned in this problem help you determine an investment and variable costing Plant assets:

  What would be the operating profit or loss

Poseidon Swim has average fixed costs per year of $11,681. What would be the operating profit or loss associated with the production

  Explain why payback sucks as a value metric

Explain in simple business terms what NPV means to your CEO. Explain what the Profitability Index is and how it should be used.

  Compute net cash flow from operating activities

Compute net cash flow from operating activities using the direct method. Prepare a statement of cash flows using the indirect method.

  Subtraction in bank reconciliation

Affects the bank or book side of bank reconciliation and (ii) represents an addition or a subtraction in bank reconciliation

  Calculate investment in accounts receivable under new policy

Calculate the investment in accounts receivable under the new policy. Lucid Ltd is a competitive golf pro shop in the Hype Park area.

  The helmut and king corporation

The Helmut and King Corporation began 2016 with inventory of 8,000 units of its only product. The units cost $10.00 each. The company uses a periodic inventory system and the LIFO cost method

  What is company WACC Assume the tax rate is thirty percent

The annual yield on the company's debt is 6% and the required rate of return on the stock is 14.6%. What is company's WACC? Assume the tax rate is 30%

  Unit sales are expected

Sales for December total 12,000 units. Each month's unit sales are expected to exceed the prior month's results by 5%. The product's selling price is $15 per unit.

  Calculate the macaulay duration of an eight percent

Calculate the Macaulay duration of an 8 percent, $1,000 par bond that matures in three years if the bond's YTM is 10 percent and interest is paid semiannually.

  What type of interest rate swap would be appropriate

What type of interest rate swap would be appropriate for a speculator who believes interest rates soon will fall?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd