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प्रश्न
From the following Balance Sheet of Jay Ltd. as at 31.3.2022, calculate 'Cash Flow from Operating Activities':
| Jay Ltd. Balance Sheet as at 31.3.2022 |
|||
| Particulars | Note No. | 31.3.2022 (₹) | 31.3.2021 (₹) |
| I. Equity and Liabilities | |||
| 1. Shareholders' Funds | |||
| (a) Share Capital | 1 | 50,00,000 | 30,00,000 |
| (b) Reserves and Surplus | 2 | 10,00,000 | 6,00,000 |
| 2. Non-Current Liabilities | |||
| Long-term borrowings | 3 | 8,00,000 | 4,00,000 |
| 3. Current Liabilities | |||
| (a) Trade Payables | 2,00,000 | 3,00,000 | |
| (b) Other Current Liabilities | 4 | 3,00,000 | 1,00,000 |
| (c) Short-term provisions | 5 | 1,50,000 | 1,00,000 |
| Total | 74,50,000 | 45,00,000 | |
| II. Assets | |||
| 1. Non Current Assets | |||
| Fixed Assets | |||
| (i) Tangible Assets | 6 | 60,00,000 | 40,00,000 |
| (ii) Intangible Assets | 7 | 4,00,000 | 4,00,000 |
| 2. Current Assets | |||
| (a) Inventories | 7,00,000 | 40,000 | |
| (b) Cash and Cash equivalents | 3,50,000 | 60,000 | |
| Total | 74,50,000 | 45,00,000 | |
Note to Accounts:
| Note No. | Particulars | 31st march, 2022 (₹) | 31st march, 2021 (₹) |
| 1. | Share Capital: | ||
| Equity Share Capital | 50,00,000 | 30,00,000 | |
| 2. | Reserves and Surplus: | ||
| Surplus i.e. balance in the Statement of Profit and Loss |
10,00,000 | 6,00,000 | |
| 3. | Long-term borrowings: | ||
| 10% debentures | 8,00,000 | 4,00,000 | |
| 4. | Other Current Liabilities: | ||
| Outstanding rent | 3,00,000 | 1,00,000 | |
| 5. | Short-term provisions: | ||
| Provision for tax | 1,50,000 | 1,00,000 | |
| 6. | Tangible Assets: | ||
| Land | 60,00,000 | 40,00,000 | |
| 7. | Intangible Assets: | ||
| Patents | 4,00,000 | 4,00,000 |
Additional Information:
₹ 4,00,000, 10% Debentures were issued on 31.3.2022.
खाता बही
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उत्तर
| In the books of Jay Ltd. Cash flow from Operating Activities |
||
| Particulars | Amount (₹) | |
| Net Profit before Tax (Note No. 1) | 5,50,000 | |
| Adjustment of non-cash and non-operating items: | ||
| Interest on debentures | 40,000 | |
| Operating profit before working capital changes | 5,90,000 | |
| Add: Decrease in current assets/increase in current liabilities | ||
| Outstanding expenses | 2,00,000 | |
| 7,90,000 | ||
| Less: Increase in current assets/decrease in current liabilities | ||
| Inventories | 6,60,000 | (7,60,000) |
| Trade payables | 1,00,000 | |
| 30,000 | ||
| Less: Income tax paid for 2021 | (1,00,000) | |
| Net cash used in Operating Activities | (70,000) | |
Note No. (1)
Calculation of Net Profit before Tax
| Profit and Loss balance as on 31st March, 2022 |
10,00,000 |
| Less: Profit & Loss balance on 31st March, 2021 |
(6,00,000) |
| 4,00,000 | |
| Add: Provision for tax of current year | 1,50,000 |
| 5,50,000 |
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