Question: Used below data for Question 4 7 . Below are the incomplete data of financial statements of Excel Corporation in 2 0 2 2 .

Used below data for Question 47.
Below are the incomplete data of financial statements of Excel Corporation in 2022.
RM
Accounts payable 57,000
Cash 14,000
Long term debt 150,000
Marketable securities 6,200
Prepaid rent 1,100
Accounts receivable 33,000
Depreciation 33,000
Inventory 84,000
Plant and equipment 300,000
General and administrative expenses 30,000
Accumulated depreciation 30,000
Accruals 5,000
Notes payable 13,000
Common stockholders equity 183,300
4. How much is the total liabilities?
A. RM225,000
B. RM226,100
C. RM409,400
D. RM256,100
5. How much is the net plant and equipment?
A. RM333,000
B. RM300,000
C. RM330,000
D. RM270,000
6. What is the accurate amount of depreciation in Cash Flow Statement for Excel Corporation in 2022?
A. RM30,000
B. RM33,000
C. RM63,000
D. RM3,000
7. Cash of RM14,000 in 2022 will be recorded as ______ in the Cash Flow Statement for Year Ended 2023.
A. cash in the beginning year
B. cash at the end of the year
C. net cash
D. NONE of the above.

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