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CONFIDENTU

ACIJUNE Z$024$FAR$160$

As at year end. you are given the folowing additonal information and no adfustments have

been made during the year

The depreciabion on non$-$current assets for the year are to be provided as follow:

Mcobr velicles conaist of delivery vans that are uted to dispatch products to cuatomers.

On $21$ March $2024,$ the company iasued a cheque to acquire a piece of land at a price

of RM$385\mathrm{.}000.$ A new werehouse will be tuilt to accommodate the increasing demand

for the compary's products. This transaction has yet to be recorded in the companys

accounts.

The finance cost consists of debenture interest, an interim dividend on the $4\%$

Redeematio Prelerence Shares and half of the lotal interest on the boan acquired on $1$

October $2023.$

In October $2023,$ the compary issued $210,00010\%$ prelerence shares at RM$220$ per

share in addition to the exiting shares. $50\%$ of the shares were subscribed to and

completely paid for.

Provisions are to be made for:

a$.$ Audtors fees of RMO$38,000.$

b$.$ The compary has rented out one of ts buldings for RM$2\mathrm{.}450$ per morth since

c$.$ The fixed depost was made on $2$ November $2023$

The tax recoverable for the currert accounting perod was RM$25.600.$

As at the year ended $31$ March $2024,$ the directors have decided on the folowing

a$.$ Dedared a fral dividend of $20\%$ for ordinary shaces and the remaining dividend

for preference shares. The interm dividend paid consints of a $75\%$ ordinary

shares dividend.

b$.$ Transter to general reserve RM$40$ s$00.$

c$.$ Redeem $35\%$ of the $4\%$ Redeemable Prelerence Share at its carning value.

The redemoson was made out of profl:

d$.$ Sold $80\%$ of the treasury shares at RCM$3$Ss $800.$

Required:

Prepare the following statements in a form suitatie for publcation and in compliance wth the

Companies Act $2016$ and related Malaysian Financial Reporting Standards $($MFRS$)$

a$.$ Stalemert of Profte or Loss and Oteer Comprehensive income for the year ended $31$

March $2024$

b$.$ Stasement of Changes in Equity for the year ended $31$ March $2024$

c$.$ Stasemert of Financial Positon as at $31$ March $2024$

d$.$ The following notes to the fruancial statement:

L$.$ Property. plant and equipment.

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