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Prepare consolidated cash flow statement of syarikat sentosa

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Reference no: EM132974041

Operating expenses include depreciation expense of RM50,000 and charges from prepaid expenses of RM4,200.

  • Land was sold for cash at cost.
  • Profit for the period 20X9 was RM35,300.
  • Equipment was purchased for RM55,000 cash. In addition, equipment costing RM40,000 with a book value of RM23,000 was sold for RM24,000 cash.
  • Bonds were converted at face value by issuing 30,000 shares of RM1 par value ordinary shares.
  • Net sales in 20X9 were RM67,000.

Required:

Problem 1: Prepare the consolidated cash flow statement of Syarikat Sentosa for the year ended 20X9 using the indirect method.

Reference no: EM132974041

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