From the following Balance Sheet of X Ltd. as at 31st March, 2023, prepare Cash Flow Statement

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1.51K viewsDecember 2, 2023Cash Flow Statement

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Anurag Pathak28.65K December 2, 2023 0 Comments

From the following Balance Sheet of X Ltd. as at 31st March, 2023, prepare Cash Flow Statement:

Particulars	31st March, 2023 (₹)	31st March, 2023 (₹)
I. EQUITY AND LIABILITIES
Shareholders Funds (a) Share Capital: Equity Share Capital (b) Reserves and Surplus	3,60,000 2,00,000	3,00,000 1,60,000
Non-Current Liabilities Long-term Borrowings	3,78,000	2,62,000
Current Liabilities (a) Trade Payables (b) Other Current Liabilities	28,000 2,000	28,0000 6,000
Total	9,68,000	7,56,000
II. Assets
Non-Current Assets Property, Plant and Equipment and Intangible Assets: Property, Plant and Equipment	6,40,000	4,60,000
Current Assets (a) Inventories (b) Trade Receivables (c) Cash and Bank Balances: Cash at Bank (d) Other Current Assets	34,000 1,68,000 1,10,000 16,000	40,000 1,36,000 1,00,000 20,000
Total	9,68,000	7,56,000

Particulars	31st March, 2023 (₹)	31st March, 2022 (₹)
1. Reserves and Surplus General Reserve Surplus, i.e., Balance in Statement of Profit & Loss	60,000 1,40,000	60,000 1,00,000
	2,00,000	1,60,000
2. Long-term Borrowings 12% Debentures 12% Public Deposits	1,38,000 2,40,000	1,02,000 1,60,000
	3,78,000	2,62,000
3. Trade Payables Creditors Bills Payable	20,000 8,000	16,000 12,000
	28,000	28,000
4. Other Current Liabilities Outstanding Expenses	2,000	6,000
5. Property Plant and Equipment Building Plant	4,40,000 2,00,000	3,00,000 1,60,000
	6,40,000	4,60,000
6. Trade Receivables Debtors Bills Receivable	1,50,000 18,000	1,20,000 16,000
	168,000	136,000
7. Other Current Assets Accrued Income Prepaid Expenses	12,000 4,000	20,000 –
	16,000	20,000

Additional Information:

Depreciation charged on Building ₹ 20,000 and on Plant ₹ 10,000.
Interest paid on Debentures ₹ 14,000. New Debentures of ₹ 36,000 were issued on 1st October, 2022.
Interest paid on Deposits from Public ₹ 19,200 for the year.