Solution - Concept of Cash Flow Statement

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Following is the Balance Sheet of SN Ltd as at 31-3-2015:

S.N Ltd Balance Sheet as at 31-3-2015

 Particulars Note No. 31-03-2015 (Rs.) 31-03-2014 (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 34 2,50,0001,00,000 2,25,000 75,00035,000 2,00,000(25,000) 2,50,000 25,00045,000 Total 6,85,000 4,95,000 II. Assets       1. Non – Current Assets                a) Fixed Assets                      Tangible assets                      Intangible                 b) Non – Current Investments         2. Current Assets                 a) Current Investments                  b) Inventories                  c) Cash and Cash Equivalents 56   7 5,01,50010,00050,000 25,00053,50045,000 3,60,00015,00037,500 30,00022,50030,000 Total 6,85,000 4,95,000

 Note No. Particulars 31-3-2015 (Rs.) 31-3-2014 (Rs.) 1. Reserve and Surplus(Surplus i.e. Balance in Statement of Profit and Loss) 1,00,000 (25,000) 1,00,000 (25,000) 2. Long term borrowings :12 % Debentures 2,25,000 2,50,000 2,25,000 2,50,000 3. Short – term borrowings :Bank Overdraft 75,000 25,000 75,000 25,000 4. Short – term provisionsProvisions for tax 35,000 45,000 35,000 45,000 5. Tangible AssetsMachineryAccumulated Depreciation 6,01,500(1,00,000) 4,10,500(50,500) 5,01,500 3,60,000 6. Intangible AssetsGoodwill 10,000 15,000 10,000 15,000 7. InventoriesStock in trade 53,500 22,500 53,500 22,500

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

(ii) Tax Rs.35,000 was paid during the year

Prepare Cash flow Statement

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