Homework Help is Here – Start Your Trial Now!
Business
Accounting
Illustration 4. The Balance Sheets of a firm as on 31st December 2003 and 2004 given below: To Bar 2003 2004 2003 2004 Rs. Rs. Rs. Rs Share Capital 1,00,000 1,60,000 Fixed Assets at cost 1,52,000 2,00,000 Retained Earnings 70,250 85,300 Inventory 93,400 89.200 To F Accumulated 60,000 40,000 Debtors 30,800 21,100 To Depreciation 12% Debentures 50,000 Expenses Prepaid 3,950 3,000 Sundry Creditors 28,000 48,000 Bank 28,100 20.000 3,08,250 3,33,300 3,08,250 3,33,300 The following additional information for 2004 are also given : (1) Net Profit Rs. 27,050. (2) Depreciation charged Rs. 10,000. (3) Cash dividend declared during the period Rs. 12,000. (4) An addition to the building was made during the year at a cost of Rs. 78,000 and fully depreciated equipment costing Rs, 30,000 was discarded as no salvage being 000 realised. Prepare a Cash Flow Statement. (M.Com. Madurai)

Illustration 4. The Balance Sheets of a firm as on 31st December 2003 and 2004 given below: To Bar 2003 2004 2003 2004 Rs. Rs. Rs. Rs Share Capital 1,00,000 1,60,000 Fixed Assets at cost 1,52,000 2,00,000 Retained Earnings 70,250 85,300 Inventory 93,400 89.200 To F Accumulated 60,000 40,000 Debtors 30,800 21,100 To Depreciation 12% Debentures 50,000 Expenses Prepaid 3,950 3,000 Sundry Creditors 28,000 48,000 Bank 28,100 20.000 3,08,250 3,33,300 3,08,250 3,33,300 The following additional information for 2004 are also given : (1) Net Profit Rs. 27,050. (2) Depreciation charged Rs. 10,000. (3) Cash dividend declared during the period Rs. 12,000. (4) An addition to the building was made during the year at a cost of Rs. 78,000 and fully depreciated equipment costing Rs, 30,000 was discarded as no salvage being 000 realised. Prepare a Cash Flow Statement. (M.Com. Madurai)

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.4.10P: Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of...
See similar textbooks
icon
Related questions
Question
Illustration 4. The Balance Sheets of a firm as on 31st December 2003 and 2004 given below: To Bar 2003 2004 2003 2004 Rs. Rs. Rs. Rs Share Capital 1,00,000 1,60,000 Fixed Assets at cost 1,52,000 2,00,000 Retained Earnings 70,250 85,300 Inventory 93,400 89.200 To F Accumulated 60,000 40,000 Debtors 30,800 21,100 To Depreciation 12% Debentures 50,000 Expenses Prepaid 3,950 3,000 Sundry Creditors 28,000 48,000 Bank 28,100 20.000 3,08,250 3,33,300 3,08,250 3,33,300 The following additional information for 2004 are also given : (1) Net Profit Rs. 27,050. (2) Depreciation charged Rs. 10,000. (3) Cash dividend declared during the period Rs. 12,000. (4) An addition to the building was made during the year at a cost of Rs. 78,000 and fully depreciated equipment costing Rs, 30,000 was discarded as no salvage being 000 realised. Prepare a Cash Flow Statement. (M.Com. Madurai)
Transcribed Image Text:Illustration 4. The Balance Sheets of a firm as on 31st December 2003 and 2004 given below: To Bar 2003 2004 2003 2004 Rs. Rs. Rs. Rs Share Capital 1,00,000 1,60,000 Fixed Assets at cost 1,52,000 2,00,000 Retained Earnings 70,250 85,300 Inventory 93,400 89.200 To F Accumulated 60,000 40,000 Debtors 30,800 21,100 To Depreciation 12% Debentures 50,000 Expenses Prepaid 3,950 3,000 Sundry Creditors 28,000 48,000 Bank 28,100 20.000 3,08,250 3,33,300 3,08,250 3,33,300 The following additional information for 2004 are also given : (1) Net Profit Rs. 27,050. (2) Depreciation charged Rs. 10,000. (3) Cash dividend declared during the period Rs. 12,000. (4) An addition to the building was made during the year at a cost of Rs. 78,000 and fully depreciated equipment costing Rs, 30,000 was discarded as no salvage being 000 realised. Prepare a Cash Flow Statement. (M.Com. Madurai)
AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
steps

Unlock instant AI solutions

Tap the button
to generate a solution

SEE SOLUTION
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS