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Solution - Concept of Cash Flow Statement

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Following was the Balance Sheet of M.M Ltd at on 31.3.2015.

                                                        M.M. Ltd Balance Sheet as at 31-3-2015

ParticularsNote No.31-3-2015 (Rs.)31-3-2014 (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

 

 

5,00,000

2,00,000

 

4,50,000

 

1,50,000

70,000

 

 

4,00,000

(50,000)

 

5,00,000

 

50,000

90,000

Total 13,70,0009,90,000

II. Assets

     1. Non – Current Assets

               a) Fixed Assets

                     Tangible assets

                     Intangible assets

               b) Non – Current Investments

      2. Current Assets

                a) Current Investments

                b) Inventories

                c) Cash and Cash Equivalents

 

 

 

5

6

 

 

 

7

 

 

 

 

10,03,000

20,000

1,00,000

 

50,000

1,07,000

90,000

 

 

 

7,20,000

30,000

75,000

 

60,000

45,000

60,000

Total 13,70,0009,90,000

 

Note NoParticulars31-3-2015(Rs.)31-3-2014(Rs.)

1.

 

Reserve and Surplus

(Surplus i.e. Balance in Statement of Profit and Loss)

 

2,00,000

 

(50,000)

  2,00,000(50,000)

2.

 

Long term borrowings :

12 % Debentures

 

4,50,000

 

5,00,000

  4,50,0005,00,000

3.

 

Short – term borrowings :

Bank Overdraft

 

1,50,000

 

50,000

  1,50,00050,000

4.

 

Short – term provisions

Provisions for tax

 

70,000

 

90,000

  70,00090,000

5.

 

 

Tangible Assets

Machinery

Accumulated Depreciation

 

12,03,000

(2,00,000)

 

8,21,000

(1,01,000)

  10,03,0007,20,000

6.

 

Intangible Assets

Goodwill

 

20,000

 

30,000

  20,00030,000

7.

 

Inventories

Stock in trade

 

1,07,000

 

45,000

  1,07,00045,000

Additional Information

(i) 12% Debentures were redeemed on 31-3-2015

(ii) Tax Rs. 70,000 was paid during the year

Prepare Cash flow Statement.

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Prepare a Cash Flow Statement from the information given in the balance sheet of live Ltd. as at 31-3-2013and 31-3-2012:

ParticularsNote No.31-3-2015 (Rs.)31-3-2014 (Rs.)

I. Equity and Liabilities

        1. Shareholder’s Funds

              a. Equity Share Capital

              b. Reserve and Surplus

         2. Non - Current Liabilities

              a) Long term borrowings

         3. Current Liabilities

              a) Trade Payables

1

 

 

2,10,000

1,32,000

 

1,50,000

 

75,000

 

 

1,80,000

24,000

 

1,50,000

 

27,000

Total 5,67,0003,81,000

II. Assets

     1. Non – Current Assets

               a) Fixed Assets

                     Tangible assets

               b) Non – Current Investments

      2. Current Assets

                a) Current Investments (marketable)

                b) Inventories

                c) Trade Receivable

                c) Cash and Cash equivalents

 

 

 

 

2,94,000

48,000

 

54,000

1,07,000

40,000

24,000

 

 

 

2,52,000

18,000

 

60,000

24,000

17,500

9,500

Total 5,67,0003,81,000

 

Notes to Account:

Note -1

Particulars2013 (Rs.)2012 (Rs.)

Reserve and Surplus

Surplus (balance in statement of profit and loss)

 

1,32,000

 

24,000

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Solution for concept: Concept of Cash Flow Statement. For the courses 12th CBSE (Arts), 12th CBSE (Commerce), 12th CBSE (Science)
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