From the following extract of Balance Sheet of a company, calculate Cash Flow from Financing Activities Equity Share Capital ₹ 6,00,000
From the following extract of Balance Sheet of a company, calculate Cash Flow from Financing Activities:
| Particulars | 31st March, 2022 (₹) | 31st March, 2021 (₹) |
|
Equity Share Capital 10% Preference Share Capital Securities Premium Reserve 11% Debentures |
6,00,000 2,00,000 35,000 5,00,000 |
4,00,000 3,00,000 – 4,00,000 |
Additional Information:
(i) Equity Shares were issued at a premium of 20% on 31st March, 2023.
(ii) Underwriting commission on issue of equity shares ₹ 5,000. The company met underwriting commission from Securities Premium Reserve.
(iii) Preference Shares were redeemed on 31st March, 2023 at par along with dividend.
(iv) Additional Debentures were issued on 1st April, 2022.
(v) The company paid interim dividend @ 9% on Equity Share Capital. The company did not propose final dividend on Equity Share Capital.
Anurag Pathak Changed status to publish November 29, 2023
