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38. From the following information, prepare the Cash Flow Statement for the year that ended on 31 March 2008. NOTE MARCH 31, Particulars MARCH 31 2014 NO 2015 1. Equity and Liabilities 1. Shareholders' Funds a) Share capital b) Reserve and surplus 2. Non-current Liabilities 7,00,000 5,00.000 350000 250000 Long-term borrowings: Bank Loan 3. Current Liabilities a) Trade payables b) Other current liabilities: outstanding rent c) Short-term provisions Total II. Assets 1. Non-current assets a) Fixed assets |(i) Tangible assets 50000 100000 45000 50000 7000 5000 120000 80000 1272000 935000 4 500000 500000 (i) Intangible assets 5 95000 100000 100000 NIL b) Non-current investments 2. Current assets a) Inventories 130000 50000 b) Trade receivables 120000 c) Cash and cash equivalents Total 80000 205000 935000 6. 327000 1272000 NOTES TO ACCOUNTS: MARCH 31, 2015 MARCH 31 2014 PARTICULARS 1. EQUITY SHARE CAPITAL 7,00,000 5.00.000 2. Reserve and Surplus Surplus: ie., Balance in Statement of Profit and Loss 350000 200000 3. Short-term Provision: Proposed Dividend Provision for Taxation 70000 50000 50000 30000 4. Fixed Assets - Tangible assets - Equipments - Fumiture 230000 200000 270000 300000 5. Intangible Assets Patents 100000 95000 6. Cash and cash equivalents i) Cash 27000 300000 5000 i) Bank balance 200000 Additional Information: During the year, equipment costing Rs 80,000 was purchased. Loss on Sale of equipment amounted to Rs 5,000. Depreciation of Rs 15,000 and Rsm3,000 charged on equipment and furniture.

38. From the following information, prepare the Cash Flow Statement for the year that ended on 31 March 2008. NOTE MARCH 31, Particulars MARCH 31 2014 NO 2015 1. Equity and Liabilities 1. Shareholders' Funds a) Share capital b) Reserve and surplus 2. Non-current Liabilities 7,00,000 5,00.000 350000 250000 Long-term borrowings: Bank Loan 3. Current Liabilities a) Trade payables b) Other current liabilities: outstanding rent c) Short-term provisions Total II. Assets 1. Non-current assets a) Fixed assets |(i) Tangible assets 50000 100000 45000 50000 7000 5000 120000 80000 1272000 935000 4 500000 500000 (i) Intangible assets 5 95000 100000 100000 NIL b) Non-current investments 2. Current assets a) Inventories 130000 50000 b) Trade receivables 120000 c) Cash and cash equivalents Total 80000 205000 935000 6. 327000 1272000 NOTES TO ACCOUNTS: MARCH 31, 2015 MARCH 31 2014 PARTICULARS 1. EQUITY SHARE CAPITAL 7,00,000 5.00.000 2. Reserve and Surplus Surplus: ie., Balance in Statement of Profit and Loss 350000 200000 3. Short-term Provision: Proposed Dividend Provision for Taxation 70000 50000 50000 30000 4. Fixed Assets - Tangible assets - Equipments - Fumiture 230000 200000 270000 300000 5. Intangible Assets Patents 100000 95000 6. Cash and cash equivalents i) Cash 27000 300000 5000 i) Bank balance 200000 Additional Information: During the year, equipment costing Rs 80,000 was purchased. Loss on Sale of equipment amounted to Rs 5,000. Depreciation of Rs 15,000 and Rsm3,000 charged on equipment and furniture.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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38. From the following information, prepare the Cash Flow Statement for the year that ended on 31 March 2008. MARCH 31, MARCH 31 2014 NOTE Particulars NO 2015 1. Equity and Liabilities 1. Shareholders' Funds a) Share capital b) Reserve and surplus 7,00,000 350000 5,00.000 250000 2. Non-current Liabilities Long-term borrowings: Bank Loan 50000 100000 3. Current Liabilities a) Trade payables b) Other current liabilities: outstanding rent c) Short-term provisions Total II. Assets 1. Non-current assets a) Fixed assets (i) Tangible assets (i) Intangible assets 45000 50000 7000 5000 120000 80000 1272000 935000 4 500000 500000 5 95000 100000 9. b) Non-current investments 100000 NIL 2. Current assets a) Inventories b) Trade receivables 130000 120000 50000 80000 c) Cash and cash equivalents Total 327000 1272000 6. 205000 935000 NOTES TO ACCOUNTS: MARCH 31, MARCH 31 2014 PARTICULARS 2015 1. EQUITY SHARE CAPITAL 7,00,000 5.00,000 2. Reserve and Surplus Surplus: i.e., Balance in Statement of Profit and Loss 350000 200000 3. Short-term Provision: Proposed Dividend 70000 50000 Provision for Taxation 50000 30000 4. Fixed Assets - Tangible assets Equipments - Furmiture 230000 200000 270000 300000 5. Intangible Assets Patents 95000 100000 6. Cash and cash equivalents 1) Cash 27000 5000 ii) Bank balance 300000 200000 Additional Information: During the year, equipment costing Rs 80,000 was purchased. Loss on Sale of equipment amounted to Rs 5,000. Depreciation of Rs 15,000 and Rsm3,000 charged on equipment and furniture. 10
Transcribed Image Text:38. From the following information, prepare the Cash Flow Statement for the year that ended on 31 March 2008. MARCH 31, MARCH 31 2014 NOTE Particulars NO 2015 1. Equity and Liabilities 1. Shareholders' Funds a) Share capital b) Reserve and surplus 7,00,000 350000 5,00.000 250000 2. Non-current Liabilities Long-term borrowings: Bank Loan 50000 100000 3. Current Liabilities a) Trade payables b) Other current liabilities: outstanding rent c) Short-term provisions Total II. Assets 1. Non-current assets a) Fixed assets (i) Tangible assets (i) Intangible assets 45000 50000 7000 5000 120000 80000 1272000 935000 4 500000 500000 5 95000 100000 9. b) Non-current investments 100000 NIL 2. Current assets a) Inventories b) Trade receivables 130000 120000 50000 80000 c) Cash and cash equivalents Total 327000 1272000 6. 205000 935000 NOTES TO ACCOUNTS: MARCH 31, MARCH 31 2014 PARTICULARS 2015 1. EQUITY SHARE CAPITAL 7,00,000 5.00,000 2. Reserve and Surplus Surplus: i.e., Balance in Statement of Profit and Loss 350000 200000 3. Short-term Provision: Proposed Dividend 70000 50000 Provision for Taxation 50000 30000 4. Fixed Assets - Tangible assets Equipments - Furmiture 230000 200000 270000 300000 5. Intangible Assets Patents 95000 100000 6. Cash and cash equivalents 1) Cash 27000 5000 ii) Bank balance 300000 200000 Additional Information: During the year, equipment costing Rs 80,000 was purchased. Loss on Sale of equipment amounted to Rs 5,000. Depreciation of Rs 15,000 and Rsm3,000 charged on equipment and furniture. 10
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