Q4. From the following B/S of X Ltd. Prepare Fund Flow Statement:31st March 31st March2015 (Rs)ParticularsNoteNo.2014 (Rs)1. Equity and Liabilities1. Shareholders' Fundsa) Share capitalb) Reserve and surplus (Balance inStatement of Profit and Loss)15,00,00010,00,0007,50,0006,00,0002. Non-current LiabilitiesLong-term borrowings11,00,0002,00,0003. Current Liabilitiesa) Trade payablesb) Short-term provisions(Provision for taxation)1,00,00095,0001,10,00080,00025,45,000 19,90,000TotalII. Assets1. Non-current assetsa) Fixed assets(1) Tangible asse(ii) Intangible assets (Goodwill)b) Non-current investment2. Current assetsa) Inventoriesb) Trade Receivablesc) Cash and cash equivalents10,10,001,80,0006,00,00012,00,0002,00,0001,00,0001,50,0003,40,00025,45,000 |19,90,0001,80,0002,00,0003,75,000TotalNotes to Accounts:Particulars31st March 31st March2015 (Rs)2014 (Rs)1. Long-term borrowings:i) Debentures2,00,000ii) Bank loan1,00,0001,00,000| 2,00,0002. Tangible Assets1) Land and buildingii) Plant and machinery6,50,0003,60,00010,10,000 | 12,00,0008,00,0004,00,0003. Cash and cash equivalentsi) Cash in handii) Bank balance70,00050,0003.05.0003,75,0002,90,0003,40,000Additional information:1. Dividend proposed and paid during the year Rs 1,50,000.2. Income tax paid during the year includes Rs 15,000 on account of dividend tax.3. Land and building book value Rs 1,50,000 was sold at a profit of 10%.4. The rate of depreciation on plant and machinery is 10%.

Net Income = Increase in reserves and surplus + Dividend paid +dividend taxes paid Net repayment of…

Answered: Q4. From the following B/S of X Ltd.…

Business

Accounting

Q4. From the following B/S of X Ltd. Prepare Fund Flow Statement:

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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