Advertisements
Advertisements
प्रश्न
From the following Balance Sheet of Kumar Ltd. as at 31st March, 2019, prepare Cash Flow Statement
|
Particulars |
Note No. |
31st March, 2019 (₹) |
31st March, 2018 (₹) |
| I. EQUITY AND LIABILITIES | |||
|
1. Shareholders' Funds |
|||
|
(a) Share Capital |
1 | 16,00,000 | 10,40,000 |
|
(b) Reserves and Surplus, |
2 | 5,50,000 | 2,60,000 |
|
2. Non-Current Liabilities |
|||
|
Long-term Borrowings: |
|||
|
9% Debentures |
4,00,000 | 6,00,000 | |
|
3. Current Liabilities |
|||
|
Trade Payables |
4,50,000 | 1,00,000 | |
|
Total |
30,00,000 | 20,00,000 | |
| II. ASSETS | |||
|
1. Non-Current Assets |
|||
|
Fixed Assets |
20,00,000 | 15,00,000 | |
|
2. Current Assets |
|||
|
(a) Inventories |
3,00,000 | 2,00,000 | |
|
(b) Trade Receivables |
2,00,000 | 1,00,000 | |
|
(c) Cash and Cash Equivalents |
5,00,000 | 2,00,000 | |
|
Total |
30,00,000 | 20,00,000 |
Notes to Accounts
|
Particulars |
31st March, 2019 (₹) |
31st March, 2018 (₹) |
| 1. Share Capital | ||
|
Equity Share Capital |
15,00,000 | 10,00,000 |
|
7% Preference Share Capital |
1,00,000 | 40,000 |
| 16,00,000 | 10,40,000 | |
| 2. Reserves and Surplus | ||
|
General Reserve |
4,00,000 | 60,000 |
|
Surplus, i.e., Balance in Statement of Profit and Loss |
1,50,000 | 2,00,000 |
| 5,50,000 | 2,60,000 |
Additional Information:
1. During a year, a machinery costing ₹ 20,000 was sold for ₹ 6,000.
2. Dividend paid during the year ₹ 50,000.
Advertisements
उत्तर
|
Cash Flow Statement for the year ended March 31, 2019 |
|||
|
|
Particulars |
Amount (₹) |
Amount (₹) |
|
A |
Cash Flow from Operating Activities |
|
|
|
|
Profit as per Statement of Profit and Loss (1,50,000 – 2,00,000) |
(50,000) |
|
|
|
Transfer to General Reserve |
3,40,000 |
|
|
|
Dividend Paid |
50,000 |
|
|
|
Profit Before Taxation |
3,40,000 |
|
|
|
Items to be Added: |
|
|
|
|
Interest Paid |
54,000 |
|
|
|
Loss on Sale of Machinery |
14,000 |
|
|
|
Operating Profit before Working Capital Adjustments |
4,08,000 |
|
|
|
Less: Increase in Current Assets |
|
|
|
|
Inventories |
(1,00,000) |
|
|
|
Trade Receivables |
(1,00,000) |
|
|
|
Add: Increase in Current Liabilities |
|
|
|
|
Trade Payables |
3,50,000 |
|
|
|
Cash Generated from Operations |
5,58,000 |
|
|
|
Less: Tax Paid |
– |
|
|
|
Net Cash Flow from Operating Activities |
|
5,58,000 |
|
|
|
|
|
|
B |
Cash Flow from Investing Activities |
|
|
|
|
Sale of Machinery |
6,000 |
|
|
|
Purchase of Fixed Assets |
(5,20,000) |
|
|
|
Net Cash Used in Investing Activities |
|
(5,14,000) |
|
|
|
|
|
|
C |
Cash Flow from Financing Activities |
|
|
|
|
Proceeds from Issue of Equity Share Capital |
5,00,000 |
|
|
|
Proceeds from 7% Preference Share Capital |
60,000 |
|
|
|
Dividend Paid |
(50,000) |
|
|
|
Redemption of 9% Debentures |
(2,00,000) |
|
|
|
Interest Paid (6,00,000 × 9%) |
(54,000) |
|
|
|
Net Cash Flow from Financing Activities |
|
2,56,000 |
|
|
|
|
|
|
D |
Net Increase in Cash and Cash Equivalents |
|
3,00,000 |
|
|
Add: Cash and Cash Equivalent in the beginning of the period |
|
2,00,000 |
|
|
Cash and Cash Equivalents at the end of the period |
|
5,00,000 |
Working Notes:
|
Fixed Assets Account |
|||
|
Dr. |
Cr. |
||
|
Particulars |
Amount (₹) |
Particulars |
Amount (₹) |
|
Balance b/d |
15,00,000 |
Bank A/c (Sale) |
6,000 |
|
Bank A/c (Purchase- Bal. Fig.) |
5,20,000 |
Profit and Loss A/c (Loss on Sale) |
14,000 |
|
|
|
Balance c/d |
20,00,000 |
|
|
20,20,000 |
|
20,20,000 |
