From the following Balance Sheets of Vishva Ltd., Prepare Cash Flow Statement as per AS-3 (revised) for the year ending 31st March, 2018
From the following Balance Sheets of Vishva Ltd., Prepare Cash Flow Statement as per AS-3 (revised) for the year ending 31st March, 2018:
| Particulars | Note. No. | 31st March, 2018 | 31st March, 2017 |
| I. EQUITY AND LIABILITIES: | Â | Â | Â |
|
(1) Shareholder’s Funds: (a) Share Capital (b) Reserves & Surplus |
 |
1,02,000 36,000 |
84,000 22,560 |
|
(2) Non-Current Liabilities: Long-term Borrowings (10% Debentures) |
 | 60,000 | 48,000 |
|
(3) Current Liabilities (a) Short-term Borrowings (Bank Overdraft) (b) Trade Payables (c) Short-term Provisions (Provision for Income Tax) |
 |
10,000 28,800 16,800 |
5,000 36,000 18,000 |
| Total | Â | 2,53,600 | 2,13,560 |
| II. ASSETS: | Â | Â | Â |
|
(1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment |
 | 1,18,800 | 1,32,000 |
|
(2) Current Assets: (b) Inventories (c) Trade Receivables (d) Cash & Cash Equivalents |
 |
61,800 33,600 39,400 |
45,600 27,600 8,360 |
| Total | Â | 2,53,600 | 2,13,560 |
Notes to Accounts:-
| Â | 31.3.2023 | 31.3.2022 |
|
(1) Reserves and Surplus Balance in Statement of Profit and Loss General Reserve |
15,600 20,400 |
5,760 16,800 |
| Â | 36,000 | 22,560 |
|
(2) Property, Plant and Equipment Land and Building Plant and Machinery |
96,000 22,800 |
97,200 34,800 |
| Â | 1,18,800 | 1,32,000 |
|
(3) Trade Receivables Debtors Bills Receivables |
19,200 14,400 |
24,000 3,600 |
| Â | 33,600 | 27,600 |
Additional Information:-
(a) Tax paid during the year 2017-18 ₹ 14,400.
(b) Depreciation on plant charged during the year 2017-18 was ₹ 14,400.
(c) Additional debentures were issued on March 31, 2018.
[Ans. Cash from Operating Activities ₹ 3,240; Cash used in Investing Activities ₹ 2,400; and Cash from Financing Activities ₹ 30,200.]
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