The following is a summary of the balance sheet statements for Syarikat Berjaya Berhad during...

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Accounting

The following is a summary of the balance sheet statements for Syarikat Berjaya Berhad during the period

2 years:

30 Dec 2019

30 Dec 2020

RM000

RM000

Non Current Asset

Land

1100

1100

Building

380

700

1480

1800

Current Asset

Stock

500

520

Non receivable account

300

280

Cash

0

205

800

1005

Current Liability

Non payable account

100

110

Proposed dividend

100

125

Tax

180

220

Overdraft

200

-

Net asset

220

550

1700

2350

Stock

1500

2000

Stock premium

-

100

Retained profit

200

250

1700

2350

Income Statement for the year ended 31 December 2020

Gross Profit

650000

Depreciation

(300000)

350000

Profit from sale of fixed assets

25000

Tax

375000

Net profit after tax

(150000)

Dividend paid

225000

Dividends are proposed

50000

125000

175000

50000

Fixed asset related information:

Land (RM)

Factory (RM)

Cost balance on 1.1.2020

1100000

1900000

Purchase assets

-

720000

1100000

2620000

Minus: Sale of assets

-

800000

Balance of cost as at 31 Dec 2020

1100000

1820000

Total depreciation on 1.1.2020

1520000

Depreciation in 2020

300000

1820000

Less: Depreciation for assets

for sale

700000

Depreciation as at 31 Dec 2020

1120000

You need to provide Cash Flow for Syarikat Berjaya Berhad for the year ends Dec 31, 2020 by showing all calculations involved.

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