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
Below are the incomplete data of financial statements of Excel Corporation in
RM
Accounts payable
Cash
Long term debt
Marketable securities
Prepaid rent
Accounts receivable
Depreciation
Inventory
Plant and equipment
General and administrative expenses
Accumulated depreciation
Accruals
Notes payable
Common stockholders equity
How much is the total liabilities?
A RM
B RM
C RM
D RM
How much is the net plant and equipment?
A RM
B RM
C RM
D RM
What is the accurate amount of depreciation in Cash Flow Statement for Excel Corporation in
A RM
B RM
C RM
D RM
Cash of RM in will be recorded as in the Cash Flow Statement for Year Ended
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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