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प्रश्न
From the following Balance Sheet of Yogeta Ltd., prepare cash flow statement:
| Particulars | Note No. | 31st March 2017 (Rs) |
31st March 2016 (Rs) |
| I) Equity and Liabilities | |||
|
1. Shareholders’ Funds |
|||
|
a) Share capital |
1 | 4,00,000 | 2,00,000 |
|
b) Reserves and surplus-Surplus |
2,00,000 | 1,00,000 | |
|
2. Non-current Liabilities |
|||
|
a) Long-term borrowings |
2 | 1,50,000 | 2,20,000 |
|
3. Current Liabilities |
|||
|
a) Short-term borrowings |
1,00,000 | - | |
|
(Bank overdraft) |
|||
|
b) Trade payables |
70,000 | 50,000 | |
|
c) Short-term provision |
50,000 | 30,000 | |
|
(Provision for taxation) |
|||
| Total | 9,70,000 | 6,00,000 | |
| II) Assets | |||
|
1. Non-current assets |
|||
|
a) Fixed assets |
|||
|
i) Tangible |
7,00,000 | 4,00,000 | |
|
2. Current assets |
|||
|
a) Inventories |
1,70,000 | 1,00,000 | |
|
b) Trade Receivables |
1,00,000 | 50,000 | |
|
c) Cash and cash equivalents |
- | 50,000 | |
| Total | 9,70,000 | 6,00,000 |
Notes to Accounts -
| Particulars | 31st March 2017 (Rs) |
31st March 2016 (Rs) |
| 1. Share capital | ||
|
a) Equity share capital |
3,00,000 | 2,00,000 |
|
b) Preference share capital |
1,00,000 | - |
| 4,00,000 | 2,00,000 | |
| 2. Long term borrowings | ||
|
Long-term loan |
- | 2,00,000 |
|
Long-term Rahul |
1,50,000 | 20,000 |
| 1,50,000 | 2,20,000 |
Additional Information:
Net Profit for the year after charging Rs. 50,000 as Depreciation was Rs. 1,50,000. Dividend paid on Share was Rs. 50,000, Tax Provision created during the year amounted to Rs. 60,000. 8% loan was repaid on March 31, 2017 and an additional 9% loan of Rs. 1,30,000 was obtained from Rahul on April 01, 2016.
उत्तर
Cash Flow Statement of Yogeta Ltd.
| Particulars |
Amount (Rs.) |
Amount (Rs.) |
|
| A. | Cash Flow from Operating Activities | ||
| Net Profit before Taxation and Extraordinary Items (2,00,000 - 1,00,000) |
1,00,000 | ||
| Adjustments for - | |||
| Add: Depreciation | 50,000 | 1,89,500 | |
| Add: Dividend paid | 60,000 | ||
| Add: Interest paid | 29,500 | ||
| Add: Tax Provision | 50,000 | ||
| Operating Profit before working capital changes | 2,89,500 | ||
| Less: Increase in Inventories | (70,000) | (1,00,000) | |
| Less: Increase in Trade Receivables | (50,000) | ||
| Add: Trade payables | 20,000 | ||
| Cash generated from operating activities | 1,89,500 | ||
| Less: Income Tax paid | (40,000) | ||
| Cash from Operating Activities | 1,49,500 | ||
| B. | Cash Flow from Investing Activities | ||
| Purchases of Fixed Assets | (3,50,000) | ||
| Net Cash used in Investing Activities | (3,50,000) | ||
| C. | Cash Flow from Financing Activities | ||
| Issue of Equity Shares | 1,00,000 | 50,500 | |
| Issue of Preference Shares | 1,00,000 | ||
| Loan from Rahul | 1,30,000 | ||
| Less: Repayment of Loan | (2,00,000) | ||
| Dividend Paid | (50,000) | ||
| Less: Interest on Loan | (29,500) | ||
| Net Cash from Financing Activities | 50,500 | ||
| D. | Net decrease in Cash and Cash Equivalent (A + B + C) | (1,50,000) | |
| Add: Cash and Cash Equivalents at the beginning | 50,000 | ||
| E. | Cash and Cash Equivalents at the end (Bank Overdraft) | (1,00,000) | |
| 8% Long term loan | 2,00,000 | 16,000 | |
| Less: Interest 8% | 16,000 | ||
| 9% Long term loan (op) | 20,000 | 13,500 | |
| Add: 9% loan from Rahul on April 01, 2016 | 1,30,000 | ||
| Less: Interest 9% | 13,500 | ||
| Total Interest | 29,500 |
Working Notes:
|
Dr. |
Provision for Taxation Account |
Cr. |
|||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
|
Bank (Balancing figure) |
|
40,000 |
|
Balance b/d |
|
30,000 |
|
|
Balance c/d |
|
50,000 |
|
Profit and Loss |
|
60,000 |
|
|
|
|
90,000 |
|
|
|
90,000 |
|
Dr. |
Fixed Assets Account |
Cr. |
|||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
|
Balance b/d |
|
4,00,000 |
|
Depreciation |
|
50,000 |
|
|
Bank |
|
3,50,000 |
|
Balance c/d |
|
7,00,000 |
|
|
|
|
7,50,000 |
|
|
|
7,50,000 |
APPEARS IN
संबंधित प्रश्न
Following is the Balance Sheet of SN Ltd as at 31-3-2015:
S.N Ltd Balance Sheet as at 31-3-2015
| Particulars | Note No. | 31-03-2015 (Rs.) | 31-03-2014 (Rs.) |
|
I. Equity and Liabilities 1. Shareholder’s Funds a. Share Capital b. Reserve and Surplus 2. Non - Current Liabilities a) Long – term borrowings 3. Current Liabilities a) Short – term borrowings b) Short – term provisions |
1
2
3 4 |
2,50,000 1,00,000
2,25,000
75,000 35,000 |
2,00,000 (25,000)
2,50,000
25,000 45,000 |
| Total | 6,85,000 | 4,95,000 | |
|
II. Assets 1. Non – Current Assets a) Fixed Assets Tangible assets Intangible b) Non – Current Investments 2. Current Assets a) Current Investments b) Inventories c) Cash and Cash Equivalents |
5 6
7
|
5,01,500 10,000 50,000
25,000 53,500 45,000 |
3,60,000 15,000 37,500
30,000 22,500 30,000 |
| Total | 6,85,000 | 4,95,000 |
| Note No. | Particulars | 31-3-2015 (Rs.) | 31-3-2014 (Rs.) |
|
1.
|
Reserve and Surplus (Surplus i.e. Balance in Statement of Profit and Loss) |
1,00,000 |
(25,000) |
| 1,00,000 | (25,000) | ||
|
2.
|
Long term borrowings : 12 % Debentures |
2,25,000 |
2,50,000 |
| 2,25,000 | 2,50,000 | ||
|
3.
|
Short – term borrowings : Bank Overdraft |
75,000 |
25,000 |
| 75,000 | 25,000 | ||
|
4.
|
Short – term provisions Provisions for tax |
35,000 |
45,000 |
| 35,000 | 45,000 | ||
|
5.
|
Tangible Assets Machinery Accumulated Depreciation |
6,01,500 (1,00,000) |
4,10,500 (50,500) |
| 5,01,500 | 3,60,000 | ||
|
6.
|
Intangible Assets Goodwill |
10,000 |
15,000 |
| 10,000 | 15,000 | ||
|
7.
|
Inventories Stock in trade |
53,500 |
22,500 |
| 53,500 | 22,500 |
Additional Information
(i) 12% Debentures were redeemed on 31-3-2015
(ii) Tax Rs.35,000 was paid during the year
Prepare Cash flow Statement
Give the meaning of 'Cash Flow statement'.
State the objective of preparing ‘Cash Flow statement’.
'Interest received and paid' is considered as which type of activity by a finance company while preparing a Cash Flow Statement?
Will 'acquisition of machinery by an issue of equity shares' be considered while preparing 'Cash Flow Statement'? Give reason in support of your answer.
Which of the following transactions will result in the flow of cash?
(1) Cash was withdrawn from bank Rs 20,000.
(2) Issued Rs 20,000; 9% debentures for the vendors of machinery.
(3) Received Rs 19,000 from debtors.
(4) Deposited cheques of Rs 10,000 into the bank
Which of the following transactions will result in the flow of cash :
(1) Deposited Rs 43,000 into the bank.
(2) Withdrew cash from bank Rs 23,000.
(3) Sale of the machinery of the book value of Rs 38,000 at a loss of Rs 3,000.
(4) Converted Rs 2,00,000, 9% debentures into equity shares.
Under which type of activity will you classify' Dividend received by a financial company' while preparing Cash Flow Statement?
'Cash advances and loans' made by financial enterprises will be shown under which type of activity while preparing cash flow statement? Give reason in support of your answer.
Redemption of debentures would result in inflow, outflow on no flow of cash? Give your answer with reason.
Long Answer Question
Explain the major Cash Inflows and outflows from financing activities.
What are the benefits of cash flow statements ______?
Which one is Cash Outflows from operating activities?
Classify the following activity into operating activities, investing activities, financing activities or cash activities.
"Cash receipt from debtors"
Classify the following activity into operating activities, investing activities, financing activities or cash activities
"Purchase of machinery"
Classify the following activity into operating activities, investing activities, financing activities or cash activities ·
"Proceeds from long-term borrowings."
Tax paid on dividend should be classified as which type of activity along with dividend paid.
Cash Flow Statement is based upon ______.
In case of financial enterprises, the cash flow resulting from interest and dividend received and interest paid should be classified as cash flow from ______.
