Roh Bhd | Sadam Bhd | Elimination entries | Consolidated totals | |
Sales | 624,000 | 109,000 | (8000) | 725,000 |
Cogs | (267400) | (65300) | 4,000+1500 | (327,200) |
Gross Profit | 356,600 | 43,700 | (2500) | 397,800 |
Distribution Costs | (71370) | (5100) | nil | (76,470) |
Admin Expenses | (101,430) | (10500) | nil | (111,930) |
Operating profit | 183,800 | 28,100 | (2500) | 209,400 |
Taxation | (51,200) | (7,100) | nil | (58,300) |
Profit for the year | 132,600 | 21,000 | (2500) | 151,100 |
Share of Non controlling interest (30%*21000) | 6,300 | |||
Share of Roh (151100-6300) | 144,800 | |||
Total Comprehensive Income | 151,100 |
BACP305/03(S) QUESTION 2 On 1 July 2018, Roh Bhd. acquired 70% of the ordinary share capital...
Question 1 Tijari Sdn Bhd is a main distributor of Mediterranean juices in Kuala Lumpur. The company's Budgeted Statement of Financial Position as of 30" June 2018 is shown below: Tijari Sdn Bhd Statement of Financial Position as at 30" June 2018 Assets Cash Accounts receivable RM 90,000 136,000 Inventory Plant and equipment, net of depreciation Total assets 100,000 210,000 536,000 Liabilities and shareholders' equity Accounts payable Common shares Retained earnings Total liabilities and shareholders' equity 109,100 327,000 99,900 536,000...
PART B - Answer THREE questions only. Question 1 Tijari Sdn Bhd is a main distributor of Mediterranean juices in Kuala Lumpur. The company's Budgeted Statement of Financial Position as of 30 June 2018 is shown below: Tijari Sdn Bhd Statement of Financial Position as at 30 June 2018 Assets RM Cash 90,000 Accounts receivable 136,000 Inventory 100,000 Plant and equipment, net of depreciation 210,000 Total assets 536,000 Liabilities and shareholders' equity Accounts payable Common shares Retained earnings Total liabilities...