Prepare a Cash Flow Statement on the Basis of the following information given in the Balance Sheet of PS Ltd as PER AS-3. LIABILITIES SHARE CAPITAL 12% Debentures General Reserve Creditors Bills Payable Outstanding Exp 2011 RS 200000 100000 50000 40000 20000 25000 435000 2012 RS 250000 80000 70000 60000 100000 20000 580000 ASSETS GOODWILL Land and Building Machinery Debtors Stock Cash 2011 RS 10000 200000 100000 40000 70000 15000 435000 2012 RS 2000 280000 130000 60000 90000 18000 580000

Prepare a Cash Flow Statement on the Basis of the following information given in the Balance Sheet of PS Ltd as PER AS-3. LIABILITIES SHARE CAPITAL 12% Debentures General Reserve Creditors Bills Payable Outstanding Exp 2011 RS 200000 100000 50000 40000 20000 25000 435000 2012 RS 250000 80000 70000 60000 100000 20000 580000 ASSETS GOODWILL Land and Building Machinery Debtors Stock Cash 2011 RS 10000 200000 100000 40000 70000 15000 435000 2012 RS 2000 280000 130000 60000 90000 18000 580000

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Description: Prepare a Cash Flow Statement on the Basis of the following information given in theBalance Sheet of PS Ltd as PER AS-3.LIABILITIESSHARE CAPITAL12% DebenturesGeneral ReserveCreditorsBills PayableOutstanding Exp2011RS200000100000500004000020000250004

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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Concept explainers

Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is

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Question

Prepare a Cash Flow Statement on the Basis of the following information given in the
Balance Sheet of PS Ltd as PER AS-3.
LIABILITIES
SHARE CAPITAL
12% Debentures
General Reserve
Creditors
Bills Payable
Outstanding Exp
2011
RS
200000
100000
50000
40000
20000
25000
435000
2012
RS
250000
80000
70000
60000
100000
20000
580000
ASSETS
GOODWILL
Land and Building
Machinery
Debtors
Stock
Cash
2011
RS
10000
200000
100000
40000
70000
15000
435000
2012
RS
2000
280000
130000
60000
90000
18000
580000

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