Page 108 - Ebook Financial Accounting 3
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4. An investment cost of RM 5,000 was sold, and an additional investment was bought.
st
You are required to illustrate the Cash Flow Statement of Bestari Bhd for the year ended 31
December 2020 using the indirect method.
ANSWER
QUESTION 5.1
Haura Berhad
Statement of Cash Flow for the year ended 31 December 2019
RM RM
Cash Flow From Operating Activities
EBIT 698,500
Adj : Non Cash Item
Depreciation 95,000
Doubtful debts (3,000)
Loss on Disposal of P&M 4,000
Loss on Sold of Investment 2,000
Interest 25,000
Investment income (15,000) 806,500
Working Capital Charges
Inventory (90,000)
Trade receivables 63,000
Trade payables 57,000
30,000
(-) Interest (25,000)
Tax (115,000) (110,000)
Net Cash Flow From Operating Activities 696,500
Cash Flow From Investment Activities
Purchase of properties (500,000)
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