Prepare a Cash Flow Statement from the following Balance Sheets of ONIDA Ltd Share Capital ₹ 2,00,000 Reserve and Surplus ₹ 1,07,000
Prepare a Cash Flow Statement from the following Balance Sheets of ONIDA Ltd.:-
| Particulars | Note. No. | 31st March, 2022 | 31st March, 2021 |
| I. EQUITY AND LIABILITIES: | |||
|
(1) Shareholder’s Funds: (a) Share Capital (b) Reserve and Surplus |
2,00,000 1,07,000 |
2,00,000 25,000 |
|
|
(2) Non-Current Liabilities: Long-term Borrowings |
1,20,000 | — | |
|
(3) Current Liabilities (a) Trade Payables (b) Short-term Provision |
1,39,000 40,000 |
90,000 30,000 |
|
| Total | 6,06,000 | 3,54,000 | |
| II. ASSETS: | |||
|
(1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment |
1,80,000 34,000 |
1,20,000 50,000 |
|
|
(2) Current Assets: (a) Inventories (b) Trade Receivables (c) Cash & Cash Equivalents (d) Other Current Assets |
2,10,000 1,20,000 52,000 10,000 |
1,00,000 50,000 13,000 12,000 |
|
| Total | 6,06,000 | 3,45,000 |
Notes to Accounts:-
| 31.3.2022 (₹) | 31.3.2021 (₹) | |
|
(1) Long-term Borrowings: 12% Debentures |
1,20,000 | — |
|
(2) Short-term Provision: Provision for Taxation |
40,000 | 30,000 |
Additional Information:-
(1) Debentures were issued on 1st October 2021. Interest has been paid up-to date.
(2) Machinery whose original cost was ₹ 50,000 (accumulated depreciation thereon being ₹ 27,000) was sold for ₹ 35,000.
(3) Depreciation on Machinery charged during the year ₹ 15,000.
(4) Interim Dividend paid during the year was @ 15% on Share Capital.
[Ans. Cash from Operating Activities ₹ 19,200; Cash used in investing activities ₹ 63,000; and Cash from financing activities ₹ 82,800.]
Anurag Pathak Answered question 3 days ago
