From the following Balance Sheet of Libra Ltd prepare Cash Flow Statement
From the following Balance Sheet of Libra Ltd., prepare Cash Flow Statement:
| Particulars | 31st March, 2023 (₹) | 31st March, 2022 (₹) |
| I. EQUITY AND LIABILITIES | Â | Â |
|
1. Shareholder’s Funds (a) Share Capital (b) Reserves and Surplus |
2,90,000 72,000 |
2,50,000 50,000 |
|
2. Current Liabilities Trade Payables |
5,000 | 23,000 |
| Total | 3,67,000 | 3,23,000 |
| II. Assets | Â | Â |
|
1. Non-Current Assets Property, Plant and Equipment and Intangible Assets: (i) Property, Plant and Equipment (ii) Intangible Assets (Goodwill) |
1,50,000 20,000 |
1,40,000 30,000 |
|
2. Current Assets (a) Inventories (b) Trade Receivables (c) Cash and Bank Balances: Cash at Bank |
20,000 1,60,000 17,000 |
18,000 1,20,000 15,000 |
| Total | 3,67,000 | 3,23,000 |
| Particulars | 31st March, 2023 (₹) | 31st March, 2022 (₹) |
|
Share Capital Equity Share Capital 12% Preference Share Capital |
2,50,000 40,000 |
2,00,000 50,000 |
| Â | 2,90,000 | 2,50,000 |
|
Reserves and Surplus General Reserve Surplus, i.e., Balance in Statement of Profit & Loss |
55,000 17,000 |
35,000 15,000 |
| Â | 72,000 | 50,000 |
|
Property, Plant and Equipment Building Plant |
80,000 70,000 |
1,00,000 40,000 |
| Â | 1,50,000 | 1,40,000 |
Depreciation charged on Plant was ₹ 30,000 and on Building ₹ 50,000.
Anurag Pathak Changed status to publish December 2, 2023
