User Account

All Pages

Prepare the statement of cash flow for phizer sdn bhd

Assignment Help Financial Accounting
Reference no: EM132931911

The following transactions occurred during the year 2020 for PHIZER Sdn Bhd.

Cash and cash equivalents balance, 31 December 2019 7,689

Cash and cash equivalents balance, 31 December 2020 17,399

Receipt from business contracts 39,860

Receipts from sale of freehold land 55,000

Receipt from issuing ordinary shares 22,000

Payment for patents and trademarks 1,200

Payment for salaries 6,950

Payment to supplier 10,916

Payment of dividends 6,000

Payment for loan interest 1,280

Payment for corporate taxes 4,604

Payment for new plant 30,000

Payment for Investments 20,000

Payment for 5 years loan from Maybank 26,200

Problem 1: Based the above information, prepare the Statement of Cash Flow for PHIZER Sdn. Bhd. for the year ended 31 December 2020 using Direct Method.

Reference no: EM132931911

Questions Cloud

What is the cost of goods manufactured for July : During July, the direct labour cost was RM43,500, raw material purchases were RM64,000 and total overhead cost was RM108,750. What is cost of goods manufactured
Compute for the balance of the fair value of plan assets : Compute for the balance of the fair value of plan assets as of year-end. Contributions to the retirement fund during the year = 480,000
Enterprise resource planning system : Why was an enterprise resource planning (ERP) system needed to solve the problem?
Compute for define benefit cost : Compute for define benefit cost. Determine the amounts recognized in profit or loss and in other comprehensive income, respectively.
Prepare the statement of cash flow for phizer sdn bhd : Based the above information, prepare the Statement of Cash Flow for PHIZER Sdn. Bhd. for the year ended 31 December 2020 using Direct Method.
Explain the ones which think are relevant to prada case : Past studies have suggested a number of explanations for short-run underpricing. Discuss the ones which you think are relevant to Prada's case?
Creating implementation plan outline : The purpose of this assignment is to become familiar with the EHR implementation process by creating an implementation plan outline.
How does compare to the average compensation paid : How much compensation was paid to the underwriters of Prada? How does compare to the average compensation paid to underwriters in US IPOs?
Gail industries case study : Write a analysis for the proposed call center operations department within Gail Industries.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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