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Following are the Balance Sheets of X Ltd.:-  

 

Particulars Note. No. 31st March, 2023 31st March, 2022
I. EQUITY AND LIABILITIES:      

(1) Shareholder’s Funds:

(a) Share Capital

(b) Reserves & Surplus

  

2,00,000

72,000

2,00,000

(37,000)

(2) Non-Current Liabilities

Long-term Borrowings

   75,000 50,000

(2) Current Liabilities:

(a) Trade Payables

(b) Short-term Provisions

  

44,000

24,000

46,000

30,000
Total   4,15,000 2,89,000
II. ASSETS:      

(1) Non-Current Assets:

(a) Property, Plant and Equipment and Intangible Assets

(i) Property, Plant and Equipment

(b) Non-Current Investments

  

62,000

2,000

1,40,000

10,000

(2) Current Assets:

(a) Inventory

(b) Trade Receivables

(c) Cash & Cash Equivalents

  

2,00,000

1,21,000

30,000

60,000

56,000

23,000
Total   4,15,000 2,89,000

 

Notes to Accounts:-  

 

  31.3.2023 31.3.2022

(1) Reserve & Surplus

General Reserve

Profit & Loss Balance

22,000

50,000

—

(37,000)
  72,000 (37,000)

(2) Long-term Borrowings

Public Deposits

 75,000 50,000

(3) Short-term Provision:

Provision for Taxation

Provision for Doubtful Debts

20,000

4,000

25,000

5,000
  24,000 30,000

(4) Property, Plant and Equipment:

Land

Plant & Machinery

Accumulated Depreciation

—

1,00,000

(38,000)

1,00,000

80,000

(40,000)
  62,000 1,40,000

 

Additional Information:-

 

(I) A piece of machinery was sold for ₹ 8,000 during the year 2023. Its original cost was ₹ 20,000 and depreciation of ₹ 15,000 has been provided on it.

(II) Non-Current Investments were sold at a loss of 40%.

(III) Land was sold for ₹ 1,50,000.

(IV) Interest paid on public deposits amounted to ₹ 6,000.

You are required to prepare Cash-Flow Statement.

 

[Ans. Cash used (lost) in operating activities ₹ 1,34,800; Cash from investing activities ₹ 1,22,800; and Cash from financing activities ₹ 19,000.]

Anurag Pathak Changed status to publish 2 days ago
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