Note No. 31st March, 31st March, 2011 (?) Particulars 2012 (?) I. EQUITY AND LIABILITIES 1. Shareholders' Funds la) Equity Share Capital (b) Reserves and Surplus 3,50,000 5,000 2,50,000 40,000 2. Non-current Liabilities 1, 00,000 Long-term Borrowings (12% debentures) 3. Current Liabilities Trade Payables 60,000 1,50,000 5,00,000 1,25,000 Total 5,80,000 II. ASSETS 1. Non-current Assets (a) Fixed Assets 2,00,000 2,80,000 1,00,000 1,00.000 (b) Non-current Investments 2. Current Assets (a) Trade Receivables (b) Cash and Cash Equivalents (c) Other Current Assets (Prepaid expenses) 1,50,000 1,60,000 40,000 30,000 20,000 Total 5,00,000 5,80,000 Notes to Accounts 31st March, 31st March, Particulars 2011 (8) 2012 (?) 1. Reserves and Surplus Surplus, i.e. Balance in Statement of Profit and Loss Securities Premium Reserve 40,000 (20,000) 25,000 5,000 40,000

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Chapter1: Financial Statements And Business Decisions
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​From the following information prepare a ‘cash flow statement’ for Ronak Ltd.
Balance sheet of Ronak Ltd as at 31st March, 2011 and 2012.

 

Additional Information
(i)Debentures were issued on 1st April, 2011.
(ii)During the year a machine included in fixed assets costing Rs 1,20,000 was
purchased and another machine of the book value of Rs 30,000 was sold at a loss of Rs
2,000

Note 31st March, 31st March,
2011 ()
Particulars
No.
2012 ()
I. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Equity Share Capital
(b) Reserves and Surplus
2,50,000
3,50,000
40,000
5,000
2. Non-current Liabilities
Long-term Borrowings (12 % debentures)
60,000
1,00,000
3. Current Liabilities
1,50,000
5,00,000
1,25,000
5,80,000
Trade Payables
Total
II. ASSETS
1. Non-current Assets
(a) Fixed Assets
(b) Non-current Investments
2,00,000
2,80,000
1,00.000
1,00,000
2. Current Assets
(a) Trade Receivables
(b) Cash and Cash Equivalents
(c) Other Current Assets (Prepaid expenses)
1,50,000
1,60,000
40,000
30,000
20,000
Total
5,00,000
5,80,000
Notes to Accounts
31st March, 31st March,
Particulars
2011 ()
2012 (7)
1. Reserves and Surplus
Surplus, i.e. Balance in Statement of Profit and Loss
40,000
(20,000)
25,000
5,000
Securities Premium Reserve
40,000
Transcribed Image Text:Note 31st March, 31st March, 2011 () Particulars No. 2012 () I. EQUITY AND LIABILITIES 1. Shareholders' Funds (a) Equity Share Capital (b) Reserves and Surplus 2,50,000 3,50,000 40,000 5,000 2. Non-current Liabilities Long-term Borrowings (12 % debentures) 60,000 1,00,000 3. Current Liabilities 1,50,000 5,00,000 1,25,000 5,80,000 Trade Payables Total II. ASSETS 1. Non-current Assets (a) Fixed Assets (b) Non-current Investments 2,00,000 2,80,000 1,00.000 1,00,000 2. Current Assets (a) Trade Receivables (b) Cash and Cash Equivalents (c) Other Current Assets (Prepaid expenses) 1,50,000 1,60,000 40,000 30,000 20,000 Total 5,00,000 5,80,000 Notes to Accounts 31st March, 31st March, Particulars 2011 () 2012 (7) 1. Reserves and Surplus Surplus, i.e. Balance in Statement of Profit and Loss 40,000 (20,000) 25,000 5,000 Securities Premium Reserve 40,000
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