Question: 4 15 66.7% (4 Marks) QUESTION 3 DIDI CORPORATION Statement of Financial Position as at 31 December 2019 2018 RM) (RM) Cash 31,000 37,000 Account

4 15 66.7% (4 Marks) QUESTION 3 DIDI CORPORATION4 15 66.7% (4 Marks) QUESTION 3 DIDI CORPORATION
4 15 66.7% (4 Marks) QUESTION 3 DIDI CORPORATION Statement of Financial Position as at 31 December 2019 2018 RM) (RM) Cash 31,000 37,000 Account Receivable 88,000 49,000 Inventory 111.500 53,000 Prepaid Expenses 10.000 4,000 Net Plant and Equipment 277.500 229,500 Total Assets 518,000 372.500 Account payable 141.390 51,750 Long term debt 97.500 82,500 Common stock 162.500 160,500 Retained F 116.610 77.750 Total Liabilities and Equities 518.000 372.500 DIDI CORPORATION Statement of Financial Performance for the year ended 31 December 2019 (RM) Sales 700.000 Cost of goods sold 406.200 Gross profit 296.300 Operating expenses 211.000 est expenses 14.300 Income taxes 13.700 Net Income 54.800 additional information Purchase of new plant and machinery amounting to RM 169.000 of which RM14.500 was financed by means of credit. The remaining of the acquisitions cost was paid by cash. The operating expenses included depreciation expenses for plant and machinery of RM417.000 for the I the year ended 31 December 2019.Based on the above financial statements, prepare the statement of cash flow for the year 2019 using indirect method (10 marks) END OF QUESTIONS

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