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Question
Following is the Balance Sheet of Sakshi Limited. Prepare cashflow statement.:
| Liabilities | 31.3.17 (₹) | 31.3.18 (₹) | Assets | 31.3.17 (₹) | 31.3.18 (₹) |
| Share Capital | 2,00,000 | 3,00,000 | Cash | 20,000 | 30,000 |
| Creditors | 60,000 | 90,000 | Debtors | 1,40,000 | 2,50,000 |
| Profit and Loss A/c | 40,000 | 70,000 | Stock | 80,000 | 70,000 |
| Land | 60,000 | 1,10,000 | |||
| 3,00,000 | 4,60,000 | 3,00,000 | 4,60,000 |
Solution
| Cash Flow Statement For the year ended 31st March, 2017 and 31st March, 2018 | ||
| Particulars | Amount (₹) | Amount (₹) |
| (A) Cash flow from Operating activities | ||
| Closing balance of Profit and Loss A/c | 70,000 | |
| Less: Opening balance of Profit and Loss A/c | 40,000 | |
| 30,000 | ||
| Add: Decrease in Current Asset – Stock | 10,000 | |
| Add: Increase in Current Liabilities – Creditors | 30,000 | |
| 70,000 | ||
| Less: Increase in Current Asset – Debtors | 1,10,000 | |
| Net Cash from Operating activities (A) | (40,000) | |
| (B) Cash flow from Investing activities | ||
| Purchase of Land | 50,000 | 50,000 |
| Net Cash used in Investing activities (B) | ||
| (C) Cash flow from Financing activities | ||
| Amount of share capital received | 1,00,000 | 1,00,000 |
| Net Cash from Financing activities (C) | ||
| Net increase in cash and cash equivalent (A + C – B) | 10,000 | |
| Cash equivalent in the beginning of period | 20,000 | |
| Cash equivalent at the end of period | 30,000 | |
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