Q 3. From the following balance sheet of S Ltd as on 31st March, 2008 and 2009, prepare cash flow statement. March, 31st 2009 Note 31st March, Particulars no. 2008 I. Equity & Liabilities 1. Shareholder's Funds (a) Share Capital (b) Reserve & Surplus (bal. in statement of profit & loss) 400000 700000 -50000 -320000 2. Non-current Liabilities Long-term Borrowings (9% debentures) 200000 400000 3. Current Liabilities (a)Trade Payables (creditors) (b)Other Current Liabilities (expenses) 110000 150000 10000 20000 Total 670000 950000 II. Assets 1. Non-current Assets (a) Fixed Assets 300000 500000 (b) Non-current Investments 2. Current Assets (a)Inventories (stock) (b)Trade Receivables (Debtors) (c) Cash & Cash Equivalents 200000 140000 50000 100000 100000 170000 20000 40000 Total 670000 950000 Additional Information I. Included in fixed assets was a piece of machinery costing Rs 70,000 on whi h depreciation charged was Rs 40,000 and it was sold for Rs 30,000. II. During the year, Rs 1,40,000 depreciation was charged on fixed assets.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Q 3.
From the following balance sheet of S Ltd as on 31st March, 2008 and 2009, prepare cash
flow statement.
Note
31st
March, 31st
March,
Particulars
no.
2008
2009
I. Equity & Liabilities
1. Shareholder's Funds
(a) Share Capital
(b) Reserve & Surplus (bal. in statement of profit & loss)
2. Non-current Liabilities
Long-term Borrowings (9% debentures)
400000
700000
-50000
-320000
200000
400000
3. Current Liabilities
(a)Trade Payables (creditors)
(b)Other Current Liabilities (expenses)
110000
150000
10000
20000
Total
670000
950000
II. Assets
1. Non-current Assets
(a) Fixed Assets
(b) Non-current Investments
300000
500000
200000
140000
2. Current Assets
(a)Inventories (stock)
(b)Trade Receivables (Debtors)
(c) Cash & Cash Equivalents
50000
100000
100000
170000
20000
40000
Total
670000
950000
Additional Information
I. Included in fixed assets was a piece of machinery costing Rs 70,000 on whi h depreciation charged
was Rs 40,000 and it was sold for Rs 30,000.
II. During the year, Rs 1,40,000 depreciation was charged on fixed assets.
Transcribed Image Text:Q 3. From the following balance sheet of S Ltd as on 31st March, 2008 and 2009, prepare cash flow statement. Note 31st March, 31st March, Particulars no. 2008 2009 I. Equity & Liabilities 1. Shareholder's Funds (a) Share Capital (b) Reserve & Surplus (bal. in statement of profit & loss) 2. Non-current Liabilities Long-term Borrowings (9% debentures) 400000 700000 -50000 -320000 200000 400000 3. Current Liabilities (a)Trade Payables (creditors) (b)Other Current Liabilities (expenses) 110000 150000 10000 20000 Total 670000 950000 II. Assets 1. Non-current Assets (a) Fixed Assets (b) Non-current Investments 300000 500000 200000 140000 2. Current Assets (a)Inventories (stock) (b)Trade Receivables (Debtors) (c) Cash & Cash Equivalents 50000 100000 100000 170000 20000 40000 Total 670000 950000 Additional Information I. Included in fixed assets was a piece of machinery costing Rs 70,000 on whi h depreciation charged was Rs 40,000 and it was sold for Rs 30,000. II. During the year, Rs 1,40,000 depreciation was charged on fixed assets.
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