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प्रश्न
On 31st March, 2024 following is the Balance Sheet of Bhavik Limited:
|
Bhavik Ltd. |
|||
| Particulars | Note No. | 31-3-2024 (₹) | 31-3-2023 (₹) |
| I. Equity and Liabilities: | |||
| 1. Shareholders funds | |||
| (a) Share Capital | 12,00,000 | 10,00,000 | |
| (b) Reserves and Surplus | 1 | 4,00,000 | 3,00,000 |
| 2. Non-current liabilities | |||
| Long-term borrowings | 2 | 6,00,000 | 10,00,000 |
| 3. Current Liabilities | |||
| (a) Trade Payables | 5,00,000 | 1,00,000 | |
| b) Short-term provisions | 3 | 3,00,000 | 4,00,000 |
| Total | 30,00,000 | 28,00,000 | |
| II. Assets: | |||
| 1. Non-current Assets | |||
| (a) Property, Plant and Equipment and Intangible Assets Property plant and equipment | 4 | 19,00,000 | 15,00,000 |
| (b) Non-current Investments | 3,00,000 | 4,00,000 | |
| 2. Current Assets | |||
| (a) Inventories | 4,50,000 | 3,50,000 | |
| (b) Trade Receivables | 2,50,000 | 4,50,000 | |
| (c) Cash and Cash Equivalents | 1,00,000 | 1,00,000 | |
| Total | 30,00,000 | 28,00,000 | |
Notes to Accounts:
| Note No. | Particulars | 31-3-2024 (₹) | 31-3-2023 (₹) |
| 1. | Reserves and Surplus i.e. Balance in Statement of Profit and Loss | 4,00,000 | 3,00,000 |
| 2. | Long-term borrowings | ||
| 10% Debentures | 6,00,000 | 10,00,000 | |
| 3. | Short-term provisions | ||
| Provision for tax | 3,00,000 | 4,00,000 | |
| 4. | Property plant and equipment | ||
| Plant and Machinery | 21,50,000 | 16,00,000 | |
| Less: Accumulated Depreciation | 2,50,000 | 1,00,000 | |
| 19,00,000 | 15,00,000 |
Additional Information:
- During the year a piece of machinery costing ₹ 8,00,000 accumulated depreciation there on ₹ 50,000 was sold for ₹ 6,50,000.
- Debentures were redeemed on 31-03-2024.
Calculate:
- Cash flows from Investing Activities
- Cash flows from Financing Activities
खाता बही
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उत्तर
| Cash Flow from Operating Activities | |
| Particulars | Amount (₹) |
| Investments | 1,00,000 |
| Purchase of Machinery | (13,50,000) |
| Proceeds from sale of Machinery | 6,50,000 |
| Net Cash Outflow/Used in Investing Activities | (6,00,000) |
Working Notes:
| Dr. | Plant and Machinery Account | Cr. | |
| Particulars | Amount (₹) | Particulars | Amount (₹) |
| To Balance b/d | 16,00,000 | By Bank A/c (Sale) | 6,50,000 |
| To Bank A/c (Purchase) (Bal. Fig.) | 13,50,000 | By Accumulated Depreciation A/с | 50,000 |
| By Statement of Profit & Loss A/с (Loss on Sale) | 1,00,000 | ||
| By Balance c/d | 21,50,000 | ||
| 29,50,000 | 29,50,000 | ||
| Cash Flow from Financing Activities | |
| Particulars | Amount (₹) |
| Interest paid on Debentures | (1,00,000) |
| Proceeds from Issue of Shares | 2,00,000 |
| 10% Debentures redeemed | (4,00,000) |
| Net Cash Outflow/Used in Financing Activities | (3,00,000) |
Note: Debentures are redeemed at year and i.e. 31-3-2024 therefore interest is paid on opening balance i.e. 10% of ₹ 10,00,000 = ₹ 1,00,000
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