Please answer this question from Cash Flow Statement.
6) Following are the Balance Sheet of X Ltd. as on 31st March, 2016 and 2017:
| Particulars | Note No. | 2017 (₹) | 2016 (₹) |
| I EQUITY AND LIABILITIES | |||
| Shareholders's Funds | |||
| Share Capital | 7,00,000 | 6,00,000 | |
| Reserves and Surplus (Statement ofProfit and Loss Balance) | |||
| Non-Current Liabilities | |||
| Long-term Borrowings | 3,00,000 | 2,00,000 | |
| Current Liabilities | |||
| Trade Payables | 30,000 | 25,00,000 | |
| TOTAL: | 12,30,000 | 9,35,000 | |
| II ASSETS | |||
| Non- Current Assets | |||
| Fixed Assets | |||
| i) Tangible Assets | 11,00,000 | 8,00,000 | |
| Current Assels | |||
| Inventorics | 70,000 | 60,000 | |
| Trade Receivables | 32,000 | 40,000 | |
| Cash and Cash Equivalents | 28,000 | 35,000 | |
| TOTAL: | 12,30,000 | 9,35,000 |
Adjustments:
During the year a piece of Machinery of the book value of Rs. 80,000 was sokl for Rs. 65,000. Depreciation provided on tangible assets during the year amounted to Rs. 2,00,000.
