Prepare a Cash Flow Statement from the following Share Capital ₹ 3,00,000 Reserve and Surplus ₹ 65,000
Prepare a Cash-Flow Statement from the following:-
| Particulars | Note. No. | 31st March, 2022 | 31st March, 2021 |
| I. EQUITY AND LIABILITIES: | |||
|
(1) Shareholder’s Funds: (a) Share Capital (b) Reserve and Surplus |
3,00,000 65,000 |
2,00,000 50,000 |
|
|
(3) Current Liabilities (a) Trade Payables (b) Other Current Liabilities (c) Short Term Provision |
1,05,000 __ 20,000 |
52,000 16,000 2,000 |
|
| Total | 4,90,000 | 3,20,000 | |
| II. ASSETS: | |||
|
(1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment (b) Non-Current Investments |
2,25,000 55,000 |
1,10,000 60,000 |
|
|
(2) Current Assets: (a) Inventories (b) Trade Receivables (c) Cash & Cash Equivalents |
26,000 1,80,000 4,000 |
50,000 92,000 8,000 |
|
| Total | 4,90,000 | 3,20,000 |
Notes to Accounts:-
| 31.3.2022 (₹) | 31.3.2021 (₹) | |
|
(1) Reserve & Surplus Securities Premium Profit & Loss Balance |
20,000 45,000 |
— 50,000 |
| 65,000 | 50,000 | |
|
(2) Trade Payables: Sundry Creditors Bills Payables |
95,000 10,000 |
52,000 — |
| 1,05,000 | 52,000 | |
|
(3) Other Current Liabilities: Outstanding Salaries |
— | 16,000 |
|
(4) Short-term Provision: Provision for Doubtful Debts |
20,000 | 2,000 |
Additional Information:-
(1) During the year, company sold 60% of its original Non-Current Investments at a profit of 25%.
(2) Depreciation provided on machinery during the year was ₹ 35,000.
[Ans. Cash from operating activities ₹ 12,000; Cash used in investing activities ₹ 1,36,000; and Cash from financing activities ₹ 1,20,000.]
Anurag Pathak Answered question 3 days ago
