2 OMO Required: Prepare Statement of Cash Flow for Gangsa Perak Sdn Bhd for the ended 31 December 2019. fx-570EX CASIO CLASSWIZ SHIFT ALPHA MENU SETUP ON SOLVE = 是: OR OPTN CALC

Extracted text: 2 OMO Required: Prepare Statement of Cash Flow for Gangsa Perak Sdn Bhd for the ended 31 December 2019. fx-570EX CASIO CLASSWIZ SHIFT ALPHA MENU SETUP ON SOLVE = 是: OR OPTN CALC


Extracted text: 2. The following Statement of Financial Position was extracted from the books of Gagah Perkasa Sdn Bhd at 31 December 2018 and 2019. Gagah Perkasa Sdn Bhd Statement of Financial Position as at 31 December 2018 2019 RM RM RM RM Non-current Assets Buildings Fixtures less Depreciation Van less Depreciation 50,000 1,800 3,920 55,720 50,000 2,000 7,400 59,400 Current Assets Inventory Trade accounts receivables 5,600 6,400 900 12,400 8,200 Bank Cash 220 200 13,120 68.840 20,800 80.200 TOTAL ASSETS Financed by: Capital account : Balance as at 1 January Add : Net Profit Cash introduced 37,040 35,200 52,540 21,160 10.000 83,700 (21.600) 72,240 (19.700) Less : Drawings 52,540 62,100 Non-current Liabilities Loan (repayable in 10 years' time) 10,000 15,000 Current Liabilities Account payable Bank overdraft TOTAL LIABILITIES TOTAL LIABILITIES AND CAPITAL 6,300 3,006 16.300 68.840 94 18.100 80.200 Additional information at 31 December 2019: • Fixtures bought in 2019 cost RM400. • Van bought in 2019 cost RM5,500.