From the following information, prepare Comparative Balance Sheet of Dreams Coverage Ltd
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Solution:- Hint: (1) Current year’s Depreciation ₹ 20,000. (2) Purchase of Non-Current Investments ₹ 15,000. (3) Increase in Intangible Assets will be treated as purchase of Intangible Assets.
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Solution:- Cash Flow Statement for the year ended 31st March Hint: Non-current investments costing ₹ 8,000 are sold for ₹ 4,800.
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