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Following are the extracts from the Balance Sheet of ABC Ltd. Liabilities 31.3.2020 Equity Share Capital 10% Preference Share Capital Securities Premium Account Profit & Loss A/c 25,00,000 7,00,000 5,00,000 20,00,000 31.3.2021 35,60,000 6,00,000 5,50,000 28,00,000 Equity Share Capital for the year ended 31st March, 2021 'includes 60,000 of equity shares issued to Grey Ltd at par for supply of Machinery of 60,000.

Following are the extracts from the Balance Sheet of ABC Ltd. Liabilities 31.3.2020 Equity Share Capital 10% Preference Share Capital Securities Premium Account Profit & Loss A/c 25,00,000 7,00,000 5,00,000 20,00,000 31.3.2021 35,60,000 6,00,000 5,50,000 28,00,000 Equity Share Capital for the year ended 31st March, 2021 'includes 60,000 of equity shares issued to Grey Ltd at par for supply of Machinery of 60,000.

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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prepare cash flow statement

Following are the extracts from the Balance Sheet of ABC Ltd. Liabilities 31.3.2020 Equity Share Capital 10% Preference Share Capital Securities Premium Account Profit & Loss A/c Equity Share Capital for the year ended 31st March, 2021 'includes Ltd at par for supply of Machinery of 60,000. 25,00,000 7,00,000 5,00,000 20,00,000 31.3.2021 35,60,000 6,00,000 5,50,000 28,00,000 60,000 of equity shares issued to Grey Profit & Loss account on 31st March, 2021 includes 50,000 of dividend received on Equity shares invested in X Ltd Show how the related items will appear in the Cash Flow Statement of ABC Ltd. as per AS-3
Transcribed Image Text:Following are the extracts from the Balance Sheet of ABC Ltd. Liabilities 31.3.2020 Equity Share Capital 10% Preference Share Capital Securities Premium Account Profit & Loss A/c Equity Share Capital for the year ended 31st March, 2021 'includes Ltd at par for supply of Machinery of 60,000. 25,00,000 7,00,000 5,00,000 20,00,000 31.3.2021 35,60,000 6,00,000 5,50,000 28,00,000 60,000 of equity shares issued to Grey Profit & Loss account on 31st March, 2021 includes 50,000 of dividend received on Equity shares invested in X Ltd Show how the related items will appear in the Cash Flow Statement of ABC Ltd. as per AS-3
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