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PLEASE SHOW WITH THE CASH FLOW STATEMENT FORMAT WITH ANSWERS. Question s The following...

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Accounting

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PLEASE SHOW WITH THE CASH FLOW STATEMENT FORMAT WITH ANSWERS.

Question s The following financial statements relate to GoGo Sidn Bhd. Statement of Financial Position as at 31 December: The following information is relevant 1. Statement of Comprehensive income extract for the year ended 31 December 2022 . akeven = Note: the interest expense includes hire purchase interest. During the year GoGo Sdn Bhd sold a plant for its fair value of RM12 milion. The profit on the sale of the plant has been included in cperating profi. At the date of the sale in had a carrying value of RM7.4 million based on a previcus revaluation of RMB.6 milion less the accumulated depreciation of RM1.2 milion since the revaluation. The surplus on the revaluation reserve was related entrely to the plant. No other disposals of non-current assets were made during the year. Plant acquired under hire purchase during the year was RM2.0 million. Required: a. Prepare a Statement of Cash Flows using the indirect method for GoGo Sdn Bhd in accordance with MFRS 107 Statement of Cash Flow for the year ended 31 December 2022. (33 marks) b. Discuss the benefits of presenting the cash fow information. (7 marks)

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