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प्रश्न
Calculate Cash Flow from Operating Activities from the following details:
| Particulars | 31st March, 2019 (₹) | 31st March, 2018 (₹) |
| Surplus, i.e.,Balance in Statement of Profit and Loss | 80,000 | 60,000 |
| Trade Receivables | 25,000 | 31,000 |
| Provision for Depreciation | 40,000 | 30,000 |
| Inventories | 80,000 | 60,000 |
| Outstanding Rent | 12,000 | 21,000 |
| Goodwill | 30,000 | 38,000 |
| Prepaid Insurance | 1,000 | 2,000 |
| Trade Payables (Creditors) | 13,000 | 19,000 |
उत्तर
|
|
Particulars |
Amount (₹) |
Amount (₹) |
|
|
|
Profit as per Statement of Profit and Loss (Net Income) |
|
20,000 |
|
|
|
Items to be Added: |
|
|
|
|
|
|
Depreciation |
10,000 |
|
|
|
|
Goodwill written off |
8,000 |
18,000 |
|
|
Operating Profit before Working Capital Changes |
|
38,000 |
|
|
|
Add: Decrease in Current Assets |
|
|
|
|
|
|
Trade Receivables |
6,000 |
|
|
|
|
Prepaid Insurance |
1,000 |
|
|
|
Less: Increase in Current Assets |
|
|
|
|
|
|
Inventories |
(20,000) |
|
|
|
Less: Decrease in Current Liabilities |
|
|
|
|
|
|
Outstanding Rent |
(9,000) |
|
|
|
|
Trade Payables |
(6,000) |
(28,000) |
|
|
Cash Generated from operations |
|
10,000 |
|
|
|
Less: Tax Paid |
|
Nil |
|
|
|
Net Cash Flows from Operating Activities |
|
10,000 |
|
APPEARS IN
संबंधित प्रश्न
Compute Cash Flow from Operating Activities from the following information:
|
Particulars |
₹ |
| Net Profit after Provision for Tax and Payment of Dividend | 2,15,000 |
| Provision for Tax | 45,000 |
| Final Dividend paid during the year | 50,000 |
| Depreciation | 25,000 |
| Loss on Sale of Machinery | 10,000 |
| Patents Amortised | 30,000 |
| Gain on Sale of Land | 70,000 |
| Income Tax Refund | 30,000 |
Compute Cash Flow from Operating Activities from the following:
(i) Profit for the year ended 31st March, 2019 is ₹ 10,000 after providing for depreciation of ₹ 2,000.
(ii) Current Assets and Current Liabilities of the business for the year ended 31st March, 2018 and 2019 are as follows:
|
Particular |
31st March (₹) |
31st March |
| Trade Receivables | 14,000 | 15,000 |
|
Provision for Doubtful Debts |
1,000 | 1,200 |
|
Trade Payables |
13,000 | 15,000 |
| Inventories | 5,000 | 8,000 |
| Other Current Assets | 10,000 | 12,000 |
| Expenses Payables | 1,000 | 1,500 |
| Prepaid Expenses | 2,000 | 1,000 |
| Accrued Income | 3,000 | 4,000 |
| Income Received in Advance |
2,000 |
1,000 |
Calculate Cash Flow from Operating Activities from the following information:
INCOME STATEMENT (STATEMENT OF PROFIT AND LOSS)for the year ended 31st March, 2019
|
Particulars |
Note No. |
(₹) |
| I. Revenue from Operations (Sales) |
5,98,000 |
|
| II. Other Income |
1 |
19,500 |
| III. Total Revnue (I + II) |
6,17,500 |
|
| IV. Expenses : | ||
|
Cost of Materials Consumed |
4,00,000 |
|
|
Change in Inventories of Finished Goods and Work-in-Progress |
2 |
15,000 |
|
Employee Benefit Expenses |
1,05,000 |
|
|
Depreciation and Amortisation Expenses |
|
15,000 |
|
Other Expenses |
3 |
20,000 |
|
Total Expenses |
5,55,000 |
|
| V. Profit before Tax (III − IV) |
62,500 |
|
| VI. Tax @ 30% |
18,750 |
|
| VII. Profit after Tax (V − VI) |
43,750 |
Notes to Accounts
|
Particulars |
₹ |
| 1. Other Income | |
|
Rent |
15,000 |
|
Gain (Profit) on Sale of Machinery |
2,500 |
|
Interest on Debentures held as Investments |
2,000 |
|
19,500 |
|
| Changes in Inventories of Finished Goods and Work-in-Progress | |
| (a) Finished Goods | |
|
Opening Inventories |
37,500 |
|
Less: Closing Inventories |
25,000 |
|
Sub-Total |
12,500 |
| (b) Work-in-Progress | |
|
Opening Inventories |
22,500 |
|
Less: Closing Inventories |
20,000 |
|
Sub-Total |
2,500 |
|
Total (a + b) |
15,000 |
| 2. Other Expenses | |
|
Office Expenses |
12,500 |
|
Selling Expenses |
6,000 |
|
Loss on Sale of Furniture |
1,500 |
|
20,000 |
| Current Assets and Current Liabilities |
As on 31st March, |
As on 1st April, |
| Trade Receivables |
25,000 |
20,000 |
| Trade Payables |
32,500 |
35,000 |
| Outstanding Expenses |
8,000 |
5,000 |
| Prepaid Expenses |
5,000 |
3,500 |
XYZ. Ltd. provided the following information, calculate Net Cash Flow from Financing Activities:
|
Particular |
31st March, 2019 (₹) |
31st March, 2018 (₹) |
| Equity Share Capital | 12,00,000 | 10,00,000 |
| 12% Debentures |
2,00,000 |
1,00,000 |
Additional Information:
1.Interest paid on debentures ₹ 19,000.
2. Dividend paid in the year ₹ 50,000.
3. During the year,XYZ Ltd. issued bonus shares in the ratio of 5 : 1 by captialising reserve.
From the following information, prepare Cash Flow Statement:
|
Particulars |
(₹) |
| Opening Cash and Bank Balances |
1,50,000 |
| Closing Cash and Bank Balances | 1,70,000 |
| Decrease in Stock | 80,000 |
| Increase in Bills Payable | 1,20,000 |
| Sale of Fixed Assets | 3,00,000 |
| Repayment of Long-term Loan | 5,00,000 |
| Net Profit for the Year |
20,000 |
Prepare a Cash Flow Statement on the basis of the information given in the Balance Sheet of Libra Ltd. as at 31st March, 2013 and 31st March 2012:
|
Particulars |
Note No. |
31st March, 2013 (₹) |
31st March, 2012 (₹) |
| I. EQUITY AND LIABILITIES | |||
|
1. Shareholders' Funds |
|||
|
(a) Share Capital |
8,00,000 | 6,00,000 | |
|
(b) Reserves and Surplus |
1 | 4,00,000 | 3,00,000 |
|
2. Non-Current Liabilities |
|||
|
Long-term Borrowings |
1,00,000 | 1,50,000 | |
|
3. Current Liabilities |
|||
|
(a) Trade Payables |
40,000 | 48,000 | |
|
Total |
13,40,000 | 10,98,000 | |
| II. ASSETS | |||
|
1, Non-Current Assets |
|||
|
(a) Fixed Assets: |
|||
|
Tangible Assets |
8,50,000 | 5,60,000 | |
|
(b) Non-Current Investments |
2,32,000 | 1,60,000 | |
|
2. Current Assets |
|||
|
(a) Current Investments |
50,000 | 1,34,000 | |
|
(b) Inventories |
76,000 | 82,000 | |
|
(c) Trade Receivables |
38,000 | 92,000 | |
|
(d) Cash and Cash Equivalents |
94,000 | 70,000 | |
|
Total |
13,40,000 | 10,98,000 |
Notes to Accounts
|
Particulars |
31st March, 2013 (₹) |
31st March, 2012 (₹) |
| I. Reserves and Surplus | ||
|
Surplus, i.e., Balance in Statement of Profit and Loss |
4,00,000 | 3,00,000 |
Following are the Balance Sheets of Solar Power Ltd. as at 31st March, 2014 and 2013:
| Solar Power Ltd. |
| BALANCE SHEET |
|
Particulars |
Note No. |
31st March, 2014 (₹) |
31st March, 2013 (₹) |
| I. EQUITY AND LIABILITIES | |||
|
1. Shareholders' Funds |
|||
|
(a) Share Capital |
|
24,00,000 | 22,00,000 |
|
(b) Reserves and Surplus |
1 | 6,00,000 | 4,00,000 |
|
2. Non-Current Liabilities |
|||
|
Long-term Borrowings |
4,80,000 | 3,40,000 | |
| 3. Current Liabilities | |||
|
(a) Trade Payables |
3,58,000 | 4,08,000 | |
|
(b) Short-term Provisions |
|
1,00,000 | 1,54,000 |
|
Total |
39,38,000 | 35,02,000 | |
| II. ASSETS | |||
|
1. Non-Current Assets |
|||
|
Fixed Assets: |
|||
|
(i) Tangible Assets |
2 | 21,40,000 | 17,00,000 |
|
(ii) Intangible Assets |
3 | 80,000 | 2,24,000 |
|
2. Current Assets |
|||
|
(a) Current Investments |
4,80,000 | 3,00,000 | |
|
(b) Inventories |
2,58,000 | 2,42,000 | |
|
(c) Trade Receivables |
3,40,000 | 2,86,000 | |
|
(d) Cash and Cash Equivalents |
6,40,000 | 7,50,000 | |
|
Total |
39,38,000 | 35,02,000 |
Notes to Accounts
|
Particulars |
31st March, 2014 (₹) |
31st March, 2013 (₹) |
| 1. Revenue and Surplus
Surplus, i.e.,Balance in Statement of Profit and Loss |
6,00,000 | 4,00,000 |
| 2. Tangible Assets | ||
|
Machinery |
25,40,000 | 20,00,000 |
|
Less: Accumulated Deprciation |
(4,00,000) | (3,00,000) |
| 21,40,000 | 17,00,000 | |
| 3. Intangible Assets | ||
|
Goodwill |
80,000 | 2,24,000 |
Additional Iformation:
Druing the year, a piece of machinery costing ₹ 48,000 on which accumulated deprciation was ₹ 32,000. was sold for ₹ 12,000. Prepare Cash Flow Statement.
Following is the Balance Sheet of Mevanca Limited as at 31st March, 2017:
Mevanca Limited BALANCE SHEET as at 31st March, 2017:
|
Particulars |
Note No. |
31st March, 2017 (₹) |
31st March, 2016 (₹) |
|
I. EQUITY AND LIABILITIES |
|||
|
1. Shareholders' Funds |
|||
|
(a) Share Capital |
3,00,000 |
1,00,000 |
|
|
(b) Reserves and Surplus |
1 |
25,000 |
1,20,000 |
|
2. Non-Current Liabilities |
|||
|
Long-term Borrowings |
2 |
80,000 |
60,000 |
|
3. Current Liabilities |
|||
|
(a) Trade Payables |
6,000 |
20,000 |
|
|
(b) Short-term Provisions |
3 |
68,000 |
70,000 |
|
Total |
4,79,000 |
3,70,000 |
|
|
II. ASSETS |
|||
|
1. Non-Current Assets |
|||
|
Fixed Assets |
4 |
3,36,000 |
1,92,000 |
|
2. Current Assets |
|||
|
(a) Inventories |
67,000 |
60,000 |
|
|
(b) Trade Receivables |
51,000 |
65,000 |
|
|
(c) Cash and Cash Equivalents |
25,000 |
49,000 |
|
|
(d) Other Current Assets |
… |
4,000 |
|
|
Total |
4,79,000 |
3,70,000 |
Notes to Accounts
|
Particulars |
31st March, 2017 (₹) |
31st March, 2016 (₹) |
|
1. Reserves and Surplus |
||
|
Surplus, i.e.,Balance in Statement of Profit and Loss |
25,000 |
1,20,000 |
|
25,000 |
1,20,000 |
|
|
2. Long-term Borrowings |
||
|
10% Long-term Loan |
80,000 |
60,000 |
|
80,000 |
60,000 |
|
|
3. Short-term Provisions |
||
|
Provision for Tax |
68,000 |
70,000 |
|
|
68,000 |
70,000 |
|
4. Fixed Assets |
||
|
Machinery |
3,84,000 |
2,15,000 |
|
Accumulated Depreciation |
(48,000) |
(23,000) |
|
3,36,000 |
1,92,000 |
Additional Information :
(i) Additional loan was taken on 1st July, 2016.
(ii) Tax of ₹ 53,000 was paid during the year.
Prepare Cash Flow Statement.
The Balance Sheet of Virendra Paper Ltd. as at 31st March, 2019 is given below:
|
Particulars |
Note No. |
31st March, 2019 (₹) |
31st March, 2018 (₹) |
| I. EQUITY AND LIABILITIES | |||
|
1. Shareholders' Funds |
|||
|
(a) Share Capital |
7,20,000 | 6,00,000 | |
|
(b) Reserves and Surplus: |
|||
|
Surplus i.e., Balance in Statement of Profit and Loss |
4,80,000 | 3,75,000 | |
|
2. Non-Current Liabilities |
|||
|
Long-term Borrowings: |
|||
|
10% Debentures |
2,70,000 | 4,50,000 | |
|
3. Current Liabilities |
|||
|
Trade Payables |
1,20,000 | 90,000 | |
|
Total |
15,90,000 | 15,15,000 | |
| II. ASSETS | |||
|
1. Non-Current Assets |
|||
|
Fixed Assets (Tangible) |
1 | 7,50,000 | 7,20,000 |
|
2. Current Assets |
|||
|
(a) Inventories |
3,60,000 | 4,20,000 | |
|
(b) Trade Receivables |
3,00,000 | 2,25,000 | |
|
(c) Cash and Cash Equivalents |
1,80,000 | 1,50,000 | |
|
Total |
15,90,000 | 15,15,000 |
Notes to Accounts
|
Particulars |
31st March, 2019 (₹) |
31st March, 2018 (₹) |
||
|
1. Fixed Assets (Tangible) |
|
|
||
|
Land |
|
|
2,40,000 |
3,00,000 |
|
31st March, |
31st March, |
|||
|
2019 (₹) |
2018 (₹) |
|||
|
Plant and Machinery |
7,50,000 |
6,00,000 |
||
|
Less:Accumulated Depreciation |
2,40,000 |
1,80,000 |
||
|
5,10,000 |
4,20,000 |
5,10,000 |
4,20,000 |
|
|
|
|
7,50,000 |
7,20,000 |
|
Additional Information:
1. Interim Dividend of ₹75,000 has been paid during the year.
2. Debenture Interest paid during the year ₹ 27,000.
You are required to prepare Cash Flow Statement.
Following are the Balance Sheets of Krishtec Ltd. for the years ended 31st March 2012 and 2011:
|
Particulars |
Note No. |
31st March, 2012 (₹) |
31st March, 2011 (₹) |
| I. EQUITY AND LIABILITIES | |||
|
1. Shareholders' Funds |
|||
|
(a) Share Capital |
12,00,000 | 8,00,000 | |
|
(b) Reserves and Surplus (Surplus, i.e., Balance in Statement of Profit and Loss) |
3,50,000 | 4,00,000 | |
|
2. Non-Current Liabilities |
|||
|
Long-term Borrowings |
4,40,000 | 3,50,000 | |
|
3. Current Liabilities |
|||
|
(a) Trade Payables |
60,000 | 50,000 | |
|
Total |
20,50,000 | 16,00,000 | |
| II. ASSETS | |||
|
1, Non-Current Assets |
|||
|
Fixed Assets: |
|||
|
Tangible Assets |
12,00,000 | 9,00,000 | |
|
2. Current Assets |
|||
|
(a) Inventories |
2,00,000 | 1,00,000 | |
|
(b) Trade Receivables |
3,10,000 | 2,30,000 | |
|
(c) Cash and Cash Equivalents |
3,40,000 | 3,70,000 | |
|
Total |
20,50,000 | 16,00,000 |
Prepare a Cash Flow Statement after taking into account the following adjustments:
(a) The company paid Interest ₹36,000 on its long-term borrowings.
(b) Depreciation charged on tangible fixed assets was ₹1,20,000
From the following Balance Sheet of JY Ltd. as at 31st March 2017, prepare a Cash Flow Statement:
| Balance sheet as at 31st March, 2017 | |||
|
Particular |
Note No. |
31st March, 2017 (₹) |
31st March, 2016 (₹) |
| I. EQUITY AND LIABILITIES | |||
| 1. Shareholders' Funds | |||
| (a) Share Capital | 5,00,000 | 5,00,000 | |
| (b) Reserves and Surplus | 1 | 1,00,000 | 25,000 |
| 2. Non-Current Liabilities | |||
| Long-term Borrowings | 2 | 2,50,000 | 1,50,000 |
| 3. Current Liabilities | |||
| (a) Short-term Borrowings | 3 | 1,50,000 | 1,10,000 |
| (b) Short-term Provisions | 4 | 1,25,000 | 75,000 |
| Total | 11,25,000 | 8,00,000 | |
| II. ASSETS | |||
| 1. Non-Current Assets | |||
| Fixed Assets–Tangible | 5 | 6,00,000 | 4,50,000 |
| 2. Current Assets | |||
| (a) Trade Receivables | 2,75,000 | 2,25,000 | |
| (b) Cash and Cash Equivalents | 50,000 | 25,000 | |
| (c) Short-term Loans and Advances | 2,00,000 | 1,00,000 | |
| Total | 11,25,000 | 8,00,000 | |
Notes to Accounts
| Particular | 31st March, 2017 (₹) |
31st March, 2016 (₹) |
|
| 1. | Reserves 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 | ||
| 10% Debentures | 2,50,000 | 1,50,000 | |
| 2,50,000 | 1,50,000 | ||
| 3. | Short-term Borrowings | ||
| Bank Overdraft | 1,50,000 | 1,00,000 | |
| 1,50,000 | 1,00,000 | ||
| 4. | Short-term Provisions | ||
| Provision for Tax | 1,25,000 | 75,000 | |
| 1,25,000 | 75,000 | ||
| 5. | Tangible Assets | ||
| Machinery | 7,37,500 | 5,25,000 | |
| Accumulated Depreciation | (1,37,500) | (75,000) | |
| 6,00,000 | 4,50,000 | ||
Note: Proposed Dividend for the years ended 31st March, 2016 and 2017 are ₹ 50,000 and ₹ 75,000, respectively.
Additional Information:
₹ 1,00,000, 10% Debentures were issued on 31st March, 2017.
Prepare Cash Flow Statement from the following Balance Sheet:
|
Particulars |
Note No. |
31st March, 2013 (₹) |
31st March, 2012 (₹) |
| I. EQUITY AND LIABILITIES | |||
|
1. Shareholders' Funds |
|||
|
(a) Share Capital |
6,00,000 | 5,00,000 | |
|
(b) Reserves and Surplus |
1 | 4,00,000 | 2,00,000 |
|
2. Current Liabilities |
|||
|
(a) Trade Payables |
2,80,000 | 1,80,000 | |
|
Total |
12,80,000 | 8,80,000 | |
| II. ASSETS | |||
|
1, Non-Current Assets |
|||
|
(a) Fixed Assets: |
|||
|
Plant and Machinery |
5,00,000 | 3,00,000 | |
|
2. Current Assets |
|||
|
(a) Inventories |
1,00,000 | 1,50,000 | |
|
(b) Trade Receivables |
6,00,000 | 4,00,000 | |
|
(c) Cash and Cash Equivalents |
80,000 | 30,000 | |
|
Total |
12,80,000 | 8,80,000 |
Notes to Accounts
|
Particulars |
31st March, 2013 (₹) |
31st March, 2012 (₹) |
| I. Reserves and Surplus | ||
|
Surplus, i.e., Balance in Statement of Profit and Loss |
4,00,000 | 2,00,000 |
Additional Information:
(i) An old machinery having book value of ₹50,000 was sold for ₹60,000.
(ii) Depreciation provided on Machinery during the year was ₹30,000.
Following is the summarised Balance Sheet of Philips India Ltd. as at 31st March 2018:
|
Particulars |
Note No. |
31st March, 2018 (₹) |
31st March, 2017 (₹) |
| I. EQUITY AND LIABILITIES | |||
|
1. Shareholders' Funds |
|||
|
(a) Share Capital |
13,50,000 | 13,50,000 | |
|
(b) Reserves and Surplus |
1 | 11,34,000 | 10,68,000 |
|
2. Non-Current Liabilities |
|||
|
Long-term Borrowings: |
8,10,000 | ... | |
|
3. Current Liabilities |
|||
|
(a) Trade Payables (Creditors) |
4,20,000 | 5,04,000 | |
|
(b) Short-term Provisions: |
|||
|
Provision for Tax |
30,000 | 2,25,000 | |
|
Total |
37,26,000 | 31,47,000 | |
| II. ASSETS | |||
|
1, Non-Current Assets |
|||
|
(a) Fixed Assets (Tangible) |
9,60,000 | 12,00,000 | |
|
(b) Non-Current Investments |
1,80,000 | 1,50,000 | |
|
2. Current Assets |
|||
|
(a) Current Investments |
21,000 | 17,000 | |
|
(b) Inventories |
63,30,000 | 7,82,000 | |
|
(c) Trade Receivables |
13,65,000 | 6,30,000 | |
|
(c) Cash and Cash Equivalents |
5,70,00 | 4,30,000 | |
|
Total |
37,26,000 | 31,47,000 | |
Notes to Accounts
|
Particulars |
31st March, 2018 (₹) |
31st March, 2017 (₹) |
| I. Reserves and Surplus | ||
|
General Reserve |
9,30,000 | 9,00,000 |
|
Surplus, i.e., Balance in Statement of Profit and Loss |
2,04,000 | 1,68,000 |
|
|
11,34,000 | 10,68,000 |
Additional Information:
1. Investments costing ₹ 24,000 were sold during the year for ₹ 25,5000.
2. Provistion for Tax made during the year was ₹ 27,000.
3. During the year, a part of the Fixed Assets costing ₹ 30,000 was sold for ₹ 36,000. The rofits were included in the Statement of Profit and Loss.
4. The Interim Dividend paid during the year amounted to ₹ 1,20,000.
You are required to prepare Cash Flow Statement.
From the following Balance Sheet of Akash Ltd. as at 31st March 2014:
|
Particulars |
Note No. |
31st March, 2014 (₹) |
31 March, 2013 (₹) |
|
I. EQUITY AND LIABILITES 1. Shareholders' Funds |
|||
|
(a) Share Capital |
15,00,000 |
14,00,000 |
|
|
(b) Reserves and Surplus |
1 |
2,50,000 |
1,10,000 |
|
2. Non-Current Liabilities |
|||
|
Long-term Borrowings |
|
2,00,000 |
1,25,000 |
|
3. Current Liabilities |
|||
|
(a) Short-term Borrowings |
2 |
12,000 |
10,000 |
|
(b) Trade Payables |
15,000 | 83,000 | |
|
(c) Short-term Provisions |
3 |
18,000 |
11,000 |
|
Total |
19,95,000 |
17,39,000 |
|
|
II. ASSETS |
|||
|
1. Non-Current Assets |
|||
|
Fixed Assets: |
|||
|
(i) Tangible Assets |
4 |
18,60,000 |
16,10,000 |
|
(ii) Intangible Assets |
5 | 50,000 | 30,000 |
|
2. Current Assets |
|||
|
(a) Current Investments |
|
8,000 |
5,000 |
|
(b) Inventories |
37,000 | 59,000 | |
|
(c) Trade Receivables |
26,000 |
23,000 |
|
|
(d) Cash and Cash Equivalents |
14,000 |
12,000 |
|
|
Total |
19,95,000 |
17,39,000 |
| Notes to Accounts : | ||
| Particulars | 31st March, 2014 (₹) | 31st March, 2013 (₹) |
| 1. Reserves and Surplus | ||
|
Surplus,i.e.,Balance in Statement of Profit and Loss |
2,50,000 | 1,10,000 |
| 2. Short-term Borrowings : | ||
|
Bank Overdraft |
12,000 | 10,000 |
| 3. Short-term Provisions | ||
|
Provision for Tax |
18,000 | 11,000 |
| 4. Tangible Assets : | ||
|
Machinery |
20,00,000 | 17,00,000 |
|
Less: Accumulated Depreciation |
(1,40,000) | (90,000) |
| 18,60,000 | 16,10,000 | |
| 5. Intangible Assets | ||
|
Patents |
50,000 | 30,000 |
Additional Information :
(i) Tax paid during the year amounted to ₹ 16,000.
(ii) machine with a net book value of ₹ 10,000 (Accumulated Depreciation ₹ 40,000) was sold for ₹ 2,000.
Prepare Cash Flow Statement.
Prepare Cash Flow Statement from the following:
STATEMENT OF PROFIT AND LOSS
for the year ended 31st March, 2019
|
Particulars |
Note No. |
(₹) |
|
I. Revenue from Operations |
36,00,000 | |
| II. Expenses | ||
|
Purchases of Stock-in-Trade |
28,16,000 | |
|
Change in Inventories of Stock-in-Trade |
(65,000) | |
|
Finance Costs |
15,000 | |
|
Depreciation and Amortisation Expenses |
80,000 | |
|
Other Expenses |
5,34,000 | |
|
Total |
33,80,000 | |
| III. Profit before Tax (I − II) | 2,20,000 | |
|
IV. Less: Provision for Tax |
40,000 | |
|
V. Profit after Tax (III − IV) |
1,80,000 |
as at 31st March, 2019
|
Particulars |
Note No. |
31st March, 2019 (₹) |
31st March, 2018 (₹) |
| I. EQUITY AND LIABILITIES | |||
|
1. Shareholders' Funds |
|||
|
(a) Share Capital |
6,00,000 | 5,00,000 | |
|
(b) Reserves and Surplus |
1 | 3,00,000 | 1,20,000 |
|
2. Non-Current Liabilities |
|||
|
Long-term Loan |
1,20,000 | 1,50,000 | |
|
3. Current Liabilities |
|||
|
(a) Short-term Borrowings: |
13,000 | ... | |
|
(b) Trade Payables (Creditors) |
2,85,000 | 2,38,000 | |
|
(c) Short-term Provision: |
44,000 | 30,000 | |
|
Total |
13,62,000 | 10,38,000 | |
| II. ASSETS | |||
|
1. Non-Current Assets |
|||
|
Fixed Assets |
6,20,000 | 4,00,000 | |
|
2. Current Assets |
|||
|
(a) Short-term Investments (Marketable Security) |
34,000 | 20,000 | |
|
(b) Inventories |
3,28,000 | 2,63,000 | |
|
(c) Trade Receivables |
3,48,000 | 3,10,000 | |
|
(d) Cash and Cash Equivalents |
2 | 32,000 | 45,000 |
|
Total |
13,62,000 | 10,38,000 |
|
Particulars |
31st March, 2019 (₹) |
31st March, 2018 (₹) |
| 1. Reserves and Surplus | ||
|
Surplus, i.e., Balance in Statement of Profit and Loss |
3,00,000 | 1,20,000 |
| 2. Cash and Cash Equivalents | ||
|
Cash in Hand |
32,000 | 17,000 |
|
Cash at Bank |
... | 28,000 |
| 32,000 | 45,000 |
From the following Balance Sheet of Kiero Ltd. and the additional information as on 31-3-2018, prepare a Cash Flow Statement:
Kiero Ltd.
Balance Sheet as at 31-03-2018
| Particulars | Note No. |
31-03-18 (₹) |
31-03-17 (₹) |
| I. Equity and Liabilities | |||
| 1. Shareholders Funds |
|||
| (a) Share Capital |
1 | 7,90,000 | 5,80,000 |
| (b) Reserves and Surplus | 4,60,000 | 1,20,000 | |
| 2. Non-Current Liabilities | |||
| Long term Borrowings | 2 | 5,00,000 | 3,00,000 |
| 3.Current Liabilities | |||
| (a) Short term borrowings | 3 | 1,15,000 | 42,000 |
| (b) Short term Provisions | 4 | 1,18,000 | 46,000 |
| Total | 19,83,000 | 10,88,000 | |
| II. Assets |
|||
| 1. Non-Current Assets |
|||
| Fixed Assets |
|||
| (i) Tangible Assets | 5 | 9,80,000 | 6,35,000 |
| (ii) Intangible Assets | 6 | 2,68,000 | 1,70,000 |
| 2. Current Assets | |||
| (a) Current Investments |
1,40,000 | 70,000 | |
| (b) Trade Receivables | 4,40,000 | 1,50,000 | |
| (c) Cash and Cash Equivalents | 1,55,000 | 63,000 | |
|
Total |
19,83,000 | 10,88,000 |
Notes to Accounts
| Note No. | Particulars | 31-03-18 (₹) | 31-03-17 (₹) |
| 1. | Reserves and Surplus | ||
| Surplus (Balance in Statement of Profit and Loss) | 3,20,000 | 60,000 | |
| General Reserve | 1,40,000 | 60,000 | |
| 4,60,000 | 1,20,000 | ||
| 2. | Long-term Borrowings | ||
| 12% Debentures | 5,00,000 | 3,00,000 | |
| 5,00,000 | 3,00,000 | ||
| 3. | Short-term Borrowings | ||
| Bank Overdraft | 1,15,000 | 42,000 | |
| 1,15,000 | 42,000 | ||
| 4. | Short-term Provisions | ||
| Provision for Tax | 1,18,000 | 46,000 | |
| 1,18,000 | 46,000 | ||
| 5. | Tangible Assets | ||
| Plant and Machinery | 11,00,000 | 7,50,000 | |
| Less:Accumulated Depreciation | (1,20,000) | (1,15,000) | |
| 9,80,000 | 6,35,000 | ||
| 6. | Intangible Assets | ||
| Goodwill | 2,68,000 | 1,70,000 | |
| 2,68,000 | 1,70,000 |
Additional Information: 12% debentures were issued on 1st September, 2017.
Cash flow example from a financing activity is:
Dividend received by the financial enterprise is shown in the cash flow statement under:
Shareholders get:
