Homework Answers
| 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 |
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PART B - Answer THREE questions only. Question 1 Tijari Sdn Bhd is a main distributor...
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1) 2) 3) 4) 5) 3 BBM205/03 Answer ALL questions below. Question 1 Below was the...
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3 BBM205/03 Answer ALL questions below. Question 1 Below was the transactions worksheet of Selna Enterprise on April 1, 2020. + ASSETS Cash + + Account Receivables 3,600 Prepaid expenses 1,000 Supplies on hand 350 EQUITY Share capital 7,350 Retained earnings LIABILITY Account payable 4,400 2,000 The following transactions occurred during April: April 1 Collected RM2,000 cash in satisfaction of an amount owed by a customer. April 3 Billed RM3,000 to customers for chairs rented...
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3 BBM205/03 Answer ALL questions below. Question 1 Below was the transactions worksheet of Selna Enterprise on April 1, 2020. + ASSETS Cash + + Account Receivables 3,600 Prepaid expenses 1,000 Supplies on hand 350 EQUITY Share capital 7,350 Retained earnings LIABILITY Account payable 4,400 2,000 The following transactions occurred during April: April 1 Collected RM2,000 cash in satisfaction of an amount owed by a customer. April 3 Billed RM3,000 to customers for chairs rented...
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