Following are the Balance Sheets of ‘X’ Co. Ltd. Share Capital ₹ 3,00,000 Long-term Borrowings ₹ 45,000
Following are the Balance Sheets of ‘X’ Co. Ltd.:-
| Particulars | Note. No. | 31st March, 2023 | 31st March, 2022 |
| I. EQUITY AND LIABILITIES: | |||
|
(1) Shareholder’s Funds: (a) Share Capital |
3,00,000 | 2,50,000 | |
|
(2) Non-Current Liabilities: Long-term Borrowings |
45,000 | 80,000 | |
|
(3) Current Liabilities (a) Trade Payables |
42,500 | 28,000 | |
| Total | 3,87,500 | 3,58,000 | |
| II. ASSETS: | |||
|
(1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment |
3,02,500 | 2,70,000 | |
|
(2) Current Assets: (b) Inventories (c) Trade Receivables (d) Cash & Cash Equivalents |
25,000 50,000 10,000 |
45,000 35,000 8,000 |
|
| Total | 3,87,500 | 3,58,000 |
Notes to Accounts:-
| 31.3.2023 | 31.3.2022 | |
|
(1) Long-term Borrowings: Loan from Bank |
45,000 | 80,000 |
|
(3) Property, Plant and Equipment Land and Building Machinery |
2,20,000 82,500 |
1,50,000 1,20,000 |
| 3,02,500 | 2,70,000 |
A machine costing ₹ 40,000 and having a book value of ₹ 25,000 was sold for ₹ 35,000 during the year. Interest paid on a bank loan amounted to ₹ 8,000.
Prepare a Cash Flow Statement.
[Ans. Cash from Operating activities ₹ 30,000; Cash
Anurag Pathak Answered question January 2, 2025
