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प्रश्न
From the following Balance Sheets of Ronald Ltd., you are required to prepare a Cash Flow Statement (as per AS 3) for the year 2023-24.
| Balance Sheets of Ronald Ltd. As at 31st March, 2024 and 31st March, 2023 |
|||
| Particulars | Note No. | 31.03.2024 (₹) | 31.03.2023 (₹) |
| I. EQUITY AND LIABILITIES | |||
| 1. Shareholder's Funds | |||
| (a) Share Capital | 6,00,000 | 6,00,000 | |
| (b) Reserves and Surplus (Statement of P & L) | 80,000 | (60,000) | |
| 2. Non-Current Liabilities | |||
| Long Term Borrowings | 1,00,000 | 1,50,000 | |
| 3. Current Liabilities | |||
| (a) Short-term borrowings (Bank overdraft) | 1,75,000 | 22,000 | |
| (b) Short Term Provisions (Provision for Tax) | 15,000 | 28,000 | |
| Total | 9,70,000 | 7,40,000 | |
| II. ASSETS | |||
| 1. Non-Current Assets | |||
| (a) Property, Plant & Equipment & Intangible Assets | |||
| (i) Property, Plant & Equipment (Plant & Machinery) | 5,50,000 | 6,40,000 | |
| (b) Non- Current Investments (7% Debentures of Violet Ltd.) | 1,40,000 | 50,000 | |
| 2. Current Assets | |||
| Cash & Bank Balance (Bank) | 2,80,000 | 50,000 | |
| Total | 9,70,000 | 7,40,000 | |
Additional information:
- The Debentures of Violet Ltd. were purchased on 31st March, 2024.
- During the year 2023-24:
- Tax of ₹ 20,000 was paid.
- Interest on all borrowings due and paid was ₹ 25,000.
उत्तर
| Cash Flow Statement of Ronald Ltd. For the year ending 31st March, 2024 |
||
| Particulars | (₹) | (₹) |
| I. Cash from Operating Activities | ||
| Net profit before tax (working note 2) | 1,47,000 | |
| Add non operating/non cash expenses | ||
| Depreciation on Plant & Machinery | 90,000 | |
| Interest on Borrowings | 25,000 | |
| Less: Interest on Investment received | (3,500) | |
| Net operating profit before working capital changes/Cash from Operating Activities before Tax paid | 2,58,500 | |
| Less: Tax paid | (20,000) | |
| Cash Flow from Operating Activities | 2,38,500 | |
| II. Cash from Investing Activities | ||
| Purchase of Investments | (90,000) | |
| Interest on Investments received | 3,500 | |
| Cash used in Investing Activities | (86,500) | |
| III. Cash from Financing Activities | ||
| Repayment of long-term borrowings | (50,000) | |
| Interest on borrowings paid | (25,000) | |
| Bank overdraft taken | 1,53,000 | |
| Cash Flow from Financing Activities | 78,000 | |
| Net increase in Cash as per I, II and III | 2,30,000 | |
| Add Operating Cash and Cash Equivalents | ||
| Bank | 50,000 | |
| Closing Cash and Cash Equivalents | ||
| Bank | 2,80,000 | |
| 2,80,000 | 2,80,000 | |
Working Note: 1
| Provision for Tax A/c | |||
| Particulars | Amount (₹) | Particulars | Amount (₹) |
| To Bank A/c | 20,000 | By Balance b/d | 28,000 |
| To Balance c/d | 15,000 | By Statement of P/L | 7,000 |
| 35,000 | 35,000 | ||
Working Note: 2
| Amount (₹) | |
| Statement of P/L | 1,40,000 |
| Provision for Tax | 7,000 |
| Net Profit before Tax | 1,47,000 |
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
State the objective of preparing ‘Cash Flow statement’.
Will 'Net decrease in working capital' other than cash and cash equivalents, increase, decrease or not change Cash Flow from Operating Activities? Give reason in support of your answer.
Net increase in working capital other than cash and cash equivalents will increase, decrease or not change cash flow from operating activities. Give reason in support of your answer.
While preparing Cash Flow Statements, What type of activity is ‘Payments of cash to aquire shares of another company by a trading company’.
Short Answer Question
What is a Cash Flow Statement?
Short Answer Question
What are the objectives of preparing cash flow statement?
Which of the following is not a cash outflow?
Dividend received by other than financial enterprise is shown in cash flow statement under ______.
Which of the following is not an inflow of cash?
