From the following Balance Sheets of Godrej Ltd. You are required to prepare Cash-Flow Statement
From the following Balance Sheets of Godrej Ltd. You are required to prepare 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 |
3,30,000 25,000 |
3,00,000 30,000 |
|
|
(2) Non-Current Liabilities Long-term Borrowings |
25,000 | 40,000 | |
|
(2) Current Liabilities: (a) Short-term Borrowings (b) Trade Payables (c) Short-term Provisions |
5,000 97,000 30,000 |
— 1,24,000 24,000 |
|
| Total | 5,12,000 | 5,18,000 | |
| II. ASSETS: | |||
|
(1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment (Machinery) (ii) Intangible Assets (b) Non-Current Investments |
2,60,000 7,500 64,000 |
2,00,000 60,000 50,000 |
|
|
(2) Current Assets: (b) Inventory (c) Trade Receivables (d) Cash & Cash Equivalents |
62,500 98,000 20,000 |
70,000 1,30,000 8,000 |
|
| Total | 5,12,000 | 5,18,000 |
Notes to Accounts:-
| 31.3.2023 | 31.3.2022 | |
|
(1) Short-term Borrowings: Bank Overdraft |
5,000 | — |
|
(2) Short-term Provision: Taxation Provision |
30,000 | 24,000 |
|
(3) Intangible Assets: Goodwill Patents |
— 7,500 |
50,000 10,000 |
| 7,500 | 60,000 |
Additional Information:-
(I) Machinery whose original cost was ₹ 50,000k (accumulated depreciation thereon being ₹ 32,000) was sold for ₹ 10,000.
(II) Depreciation on Machinery charged during the year was ₹ 25,000.
(III) Non-Current Investments costing ₹ 20,000 were sold for ₹ 32,000 during the year.
(IV) Interest paid on long-term borrowings amounted to ₹ 3,000.
[Ans. Cash from Operating activities ₹ 90,000; Cash used in investing activities ₹ 95,000; Cash from financing activities ₹ 17,000. Purchase of Machinery ₹ 1,03,000.
Anurag Pathak Answered question 2 days ago
