Balance sheet of kk ltd. As on mar 2005- mar 2006

31.3.05

31.03.06

31.03.05

31.03.06

Liabilities

Rs in 000

Rs in 000

Assets

Rs in 000

Rs in 000

Share capital

1440

1920

Fixed assets

3840

4560

Capiatl reserve

48

Less: depreciation

1104

1392

General reserve

816

960

2736

3168

Profit and loss account

288

360

investments

480

384

9% debentures

960

672

cash

210

312

Current liabilities

576

624

Other current assets(including stock)

1134

1272

Proposed dividend

144

174

Preliminary expenses

96

48

Provision of tax

432

408

Unpaid dividend

18

4656

5184

4656

5184

Additional information:

During the year 2005- 2006, fixed asset with the book value of 240000 (accumulated depreciation 84000) was sold for 120000

provided Rs 420000 as depreciation

Some investment are sold at a profit of rupees 48000 and the profit was credited to Capital Reserve

it was decided that the stock be valued at cost where is previously the practice value cost at cost less than 10% the stock was 259200 as on 31st March 2005 the stock is 31 March 2006 was correctly valued at 360000

it was decided to write of fixed assets costing 60000 on which depreciation about in 48000 has been provided

debentures are redeemed at rupees 105

Prepare cash flow statement

suaro answer toh likha kro

Balance sheet of kk ltd. As on mar 2005- mar 2006
	31.3.05	31.03.06		31.03.05	31.03.06
Liabilities	Rs in 000	Rs in 000	Assets	Rs in 000	Rs in 000
Share capital	1440	1920	Fixed assets	3840	4560
Capiatl reserve		48	Less: depreciation	1104	1392
General reserve	816	960		2736	3168
Profit and loss account	288	360	investments	480	384
9% debentures	960	672	cash	210	312
Current liabilities	576	624	Other current assets(including stock)	1134	1272
Proposed dividend	144	174	Preliminary expenses	96	48
Provision of tax	432	408
Unpaid dividend		18
	4656	5184		4656	5184

Additional information:

During the year 2005- 2006, fixed asset with the book value of 240000 (accumulated depreciation 84000) was sold for 120000

Some investment are sold at a profit of rupees 48000 and the profit was credited to Capital Reserve

it was decided that the stock be valued at cost where is previously the practice value cost at cost less than 10% the stock was 259200 as on 31st March 2005 the stock is 31 March 2006 was correctly valued at 360000

it was decided to write of fixed assets costing 60000 on which depreciation about in 48000 has been provided

Balance Sheet of KK Ltd as on 31‐Mar‐2005 and 31‐Mar‐2006
	31.03.05	31.03.06		31.03.05	31.03.06
Liabilities	Rs in 000	Rs in 000	Assets	Rs in 000	Rs in 000
Share Capital	1440	1920	Fixed Assets	3840	4560
Capital Reserve		48	Less: Depreciation	1104	1392
General Reserve	816	960		2736	3168
Profit & Loss Account	288	360	Investments	480	384
9% Debenture	960	672	Cash	210	312
Current Liabilities	576	624	Other Current assets (including stock)	1134	1272
Proposed Dividend	144	174	Preliminary Expenses	96	48
Provision for Tax	432	408
Unpaid Dividend		18
	4656	5184		4656	5184

Additional Information
1. During the year 2005 ‐ 2006, Fixed Assets with a book value of Rs 2,40,000 (accumulated depreciation Rs 84,000) was sold for Rs 1,20,000
2. Provided Rs 4,20,000 as depreciation
3. Some investments are sold at a profit of Rs 48,000 and the Profit was credited to Capital Reserve
4. It was decided that stocks be valued at cost, whereas previously the practice was to value stock at cost less 10 percent. The stock was Rs 2,59,200 as on 31.03.2005. The stock as at 31.03.06 was correctly valued at Rs 3,60,000
5. It was decided to write off Fixed Assets costing Rs 60,000 on which depreciation amounting to Rs 48,000 has been provided.
6. Debentures are redeemed at Rs 105
Required: Prepare Cash Flow Statement