From the following Balance Sheets of EF Ltd. as at 31.3.2023 and 31.3.2022 prepare a Cash-Flow Statement
From the following Balance Sheets of EF Ltd. as at 31.3.2023 and 31.3.2022 prepare a Cash-Flow Statement:
| Particulars | Note. No. | 31st March, 2023 | 31st March, 2022 |
| I. EQUITY AND LIABILITIES: | |||
|
(1) Shareholder’s Funds: (a) Share Capital (b) Reserves & Surplus |
3,25,000 1,85,000 | 2,30,000 1,20,000 | |
|
(2) Non-Current Liabilities: Long-term Borrowings |
90,000 | 1,00,000 | |
| Total | 6,00,000 | 4,50,000 | |
| II. ASSETS: | |||
|
(1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment (Machinery) |
3,50,000 | 2,50,000 | |
|
(2) Current Assets: (b) Inventories (c) Trade Receivables (d) Cash & Cash Equivalents |
1,25,000 95,000 30,000 |
1,05,000 70,000 25,000 |
|
| Total | 6,00,000 | 4,50,000 |
Notes to Accounts:-
| 31.3.2023 | 31.3.2022 | |
|
Share Capital: Equity Share Capital 8% Preference Share Capital |
2,75,000 50,000 |
2,00,000 30,000 |
| 3,25,000 | 2,30,000 | |
|
Reserves and Surplus General Reserve Profit & Loss Balance |
25,000 1,60,000 |
35,000 85,000 |
| 1,85,000 | 1,20,000 | |
|
Long-term Borrowings: 10% Debentures |
90,000 | 1,00,000 |
Additional Information:
(i) During the year machinery of the books value of ₹ 50,000 was sold for ₹ 15,000.
(ii) Interim Dividend paid on equity share capital ₹ 20,000.
[Ans. Net Profit before Taxation ₹ 87,400; Cash from Operating Activities ₹ 87,400; Cash used in Investing Activities ₹ 1,35,000; Cash from Financing Activities ₹ 52,600.]
Anurag Pathak Answered question January 2, 2025
