A Tutorial 12A Notesb Answered: 2. The following State X+A classroom.google.com/u/0/c/MT9XODY10TAZNZY4/a/MjYwOTgyOTk4Mjl2/detailsE AppsCasi introaucea10.000= BFT106 POA 22A SEM 1 2020/72,240(19,700)83,700(21,600)Less : Drawings52,54062,100Non-current LiabilitiesLoan (repayable in 10 years' time)E Tutorial10.00015,000AssignedCurrent LiabilitiesAccount payableBank overdraftTOTAL LIABILITIESTOTAL LIABILITIES AND CAPITALSHAFAWATY MOH6,3003,0063 pointsd or create16,30068.8409418,10080,200rk as DoneHand-in your TutorAssignment mustPlease be remindperson's work as ydetected, marks wAdditional information at 31 December 2019:Fixtures bought in 2019 cost RM400.• Van bought in 2019 cost RM5,500.Thank you.Prepared by: Puan Siti Nor Junita Mohd RadziClass commentsRequired:Prepare Statement of Cash Flow for Gangsa Perak Sdn Bhd for the ended 31December 2019.4:05 PMP Type here to searchENG1/31/2021 A Tutorial 12A Notesb Answered: 2. The following State XA classroom.google.com/u/0/c/MT9XODY10TAZNZY4/a/MjYwOTgyOTk4Mjl2/detailsE AppsGagah Perkasa Sdn Bhd at 31 December 2018 and 2019.= BFT106 POA 22A SEM 1 2020/Gagah Perkasa Sdn BhdStatement of Financial Position as at 31 DecemberE Tutorial2018RMRM2019RMRMNon-current AssetsBuildingsFixtures less DepreciationVan less DepreciationAssignedSHAFAWATY MOH50,00050,0002,0007,40059,400d or create1,8003,9203 points55.720cas DoneHand-in your TutorCurrent AssetsInventoryTrade accounts receivablesBank12,4008,2005,6006,400Assignment mustPlease be remindperson's work as ydetected, marks w900Cash22020013,12068,84020,80080,200TOTAL ASSETSThank you.Financed by :Capital account :Balance as at 1 JanuaryAdd : Net ProfitCash introduced37,04035,20052.54021,16010.00083,700(21.600)72.240Less : Drawings(19.700)Class comments52,54062,100Non-current LiabilitiesLoan (repayable in 10 years' time)10.00015,000Current LiabilitiesAccount payable6,3003,006Bank overdraftTOTAL LIABILITIESTOTAL LIABILITIES AND CAPITAL16.30068.8409418.10080,2004:05 PMP Type here to searchENG1/31/2021

Following are the requisite Cash flow Statement

Casn introuuced 72,240 (19.700) 10.000 83.700 (21.600) Less : Drawings 52,540 62,100 Non-current Liabilities Loan (repayable in 10 years' time) 10,000 15,000 Current Liabilities Account payable Bank overdraft TOTAL LIABILITIES TOTAL LIABILITIES AND CAPITAL 6,300 3,006 16.300 68.840 94 18.100 80,200 Additional information at 31 December 2019: Fixtures bought in 2019 cost RM400. • Van bought in 2019 cost RM5,500. Prepared by: Puan Siti Nor Junita Mohd Radzi Required: Prepare Statement of Cash Flow for Gangsa Perak Sdn Bhd for the ended 31 December 2019.

Casn introuuced 72,240 (19.700) 10.000 83.700 (21.600) Less : Drawings 52,540 62,100 Non-current Liabilities Loan (repayable in 10 years' time) 10,000 15,000 Current Liabilities Account payable Bank overdraft TOTAL LIABILITIES TOTAL LIABILITIES AND CAPITAL 6,300 3,006 16.300 68.840 94 18.100 80,200 Additional information at 31 December 2019: Fixtures bought in 2019 cost RM400. • Van bought in 2019 cost RM5,500. Prepared by: Puan Siti Nor Junita Mohd Radzi Required: Prepare Statement of Cash Flow for Gangsa Perak Sdn Bhd for the ended 31 December 2019.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Before purchasing a used car, Cody Lind checked www.kbb.com to learn what he should offer for the used car he wanted to buy. Then he conducted a carfax.com search on the car he found to see if the car had ever been in an accident. The Carfax was clean so he purchased the used car for $14,150. He put $1,500 down and financed the rest with a 48-month, 8.5% loan. What is his monthly car payment by table lookup? (Use Table 14.2) Note: Do not round intermediate calculations. Round your answer to the nearest cent. Monthly payment
j1
The debt is amortized by the periodic payment shown Compute (a) the number of payments required to amortize the debt, (b) the outstanding principal at the time indicated Debt PrincipalDebt Payment Payment Interval Conversion Period monthly Outstanding Principal After: 6th payment Interest Rate $16,000 $1,419 3 months 6% (a) The number of payments required to amortize the debt is Round up to the nearest integer.) (b) The outstanding principal is S (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed).
What account would be debited (1), what account would be credit (2), and what amount would be paid to record the journal entry for each interest payment based on a $200,000 five-year, 10% bond and the bond was issued at $192,462 (11%) and interest is paid semiannually? JOURNAL Page 25 DATE DESCRIPTION P.REF. DEBIT CREDIT (1) ? (2) ? (1) Interest Expense debit $11,000, and (2) Cash credit $11,000 (1) Interest Expense debit $10,000 and (2) Cash credit $10,000 (1) Cash debit $20,000 and (2) Interest Expense credit $20,000 (1) Cash debit $22,000, and (2) Interest Expense credit $22,000
Consider the following balance sheet for Northern Highland Credit Union (NHCU) before answering parts (i) through (v). Assets ($ million) $ Liabilities ($ million) $ Cash 30 Overnight interbank borrowing (7.00%) 160 T-notes 2 month (7.05%) 60 2-year CD (5%) 20 T-notes 3 months (7.25%) 80 7 year fixed rate Subordinated debt (8.55%) 150 T-notes two-year (7.50%) 60 Equity 25 T-notes 10-year (8.96%) 100 Corporate bonds (>5 years to maturity) 25 Total assets 355 Total liabilities and Equity 355 What is the repricing (funding) gap over the 0-to-6 months maturity bucket?
2 – Time Value of MoneyCalculate the amount of money that will be in each of the following accounts at the end of the given deposit period:Annual Compounding Period DepositAmount Interest (Compounded every PeriodAccount Deposited Rate ___ Months) (Years)Jawa Scottish RM 1,000 10 % 12 10Mawar Berduri 95,000 12 1 1The Piranha 8,000 12 2 2Lea Rose 120,000 8 3 2Bunga Larangan 30,000 10 6 4Lin Suhaimi 15,000
Bank 3 Liabilities (millions) 9. 17 Assets (millions) Maturities 1 day +1 day-3mos +3 mos-6 mos +6 mos-12 mos +l year- 5 years 6. 11 10 43 15 52 90 11 Use the Repricing Model. If interest rates rise by 56 basis points for assets and 142 basis points for liabilities over the next year, then how will impact the interest income of Bank 3 over the next year? O Bank 3 will experience a loss of $1,483,000 O Bank 3 will experience a gain of $679,400 Bank 3 will experience a loss of $679,400 Bank 3 will experience a gain of $1,953,400
Number of Loans Principal 50 100 50 100,000 250,000 300,000 Rate 4.25% 5% Maturity 360 180 360 If these 200 loans are pooled to create a MPT, what is the starting pool balance in dollars? Assume the loans are not seasoned before securitization.
104.
Horizons plc had the following bank loans outstanding during the whole of 2008 which form the company's general borrowings for the year 10% loan repayable 20x9 8% Joan repayable 2012 Select one O a £305,625 Ob. £500,000 Oc 1892,500 Od 1541,875 De ER50,000 Of £425,000 Em 25 75 Horizons plc began construction of a qualifying asset on 1 May 20X8 and withdrew funds of E4.5 million on that date to fund construction. On 1 September 2008 an additional £6 million was withdrawn for the same purpose Calculate the borrowing costs which can be capitalised in respect of this project for the year ended 31 December 20X8
A partial payment is made on the date indicated. Use the United States rule to determine the balance due on the note at the date of maturity. (The effective date is the date the note was written.) Assume the year is not a leap year. Principal $7000 Rate 3% Effective Date July 15 Partial Payment Date Dec. 24 Amount $4000 Maturity Date Feb. 1
TABLE 14.2 Loan amortization table (monthly payment per $1,000 to pay principal and interest on installment loan) Terms in months 6 12 18 24 30 36 42 48 54 60 7.50% $ 170.34 86.76 58.92 45.00 36.66 31.11 27.15 24.18 21.88 20.04 8.00% $ 170.58 86.99 59.15 45.23 36.89 31.34 27.38 24.42 22.12 20.28 8.50% $ 170.83 87.22 59.37 45.46 37.12 31.57 27.62 24.65 22.36 20.52 9.00% $ 171.20 87.46 59.60 45.69 37.35 31.80 27.85 24.77 22.59 20.76 10.00% $ 171.56 87.92 60.06 46.14 37.81 32.27 28.32 25.36 23.07 21.25 10.50% $ 171.81 88.15 60.29 46.38 38.04 32.50 28.55 25.60 23.32 21.49 11.00% $ 172.05 88.38 60.52 46.61 38.28 32.74 28.79 25.85 23.56 21.74 11.50% $ 172.30 88.62 60.75 46.84 38.51 32.98 29.03 26.09 23.81 21.99 12.00% $ 172.55 88.85 60.98 47.07 38.75 33.21 29.28 26.33 24.06 22.24 12.50% $ 172.80 89.08 61.21 47.31 38.98 33.45 29.52 26.58 24.31 22.50 13.00% $ 173.04 89.32 61.45 47.54 39.22 33.69 29.76 26.83 24.56 22.75 13.50% $ 173.29 89.55 61.68 47.78 39.46 33.94 30.01 27.08 24.81 23.01…