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Dear Student
Note: Machinery at cost simply means Accumulated Depreciation (Opening and Closing Balances) are added in the WDV balance given in the balance sheet of the machinery.
Regards
Cash Flow Statement | |||
Particulars | Amount | Amount | |
A | Cash Flow From Operating Activities | ||
Net Profit (Loss) Before Tax and extra ordinary items | 1,500 | ||
Add : Non cash expenses and non operating expenses | |||
Proposed Dividend | 39,000 | ||
Loss on Sale of Machinery | 0 | ||
Depreciation | 13,500 | ||
Goodwill Writtenoff | 0 | 52,500 | |
Less : Non operating income | |||
Profit on Sale of Fixed Assets | 0 | 0 | |
Operating profit Before working capital changes | 54,000 | ||
Add : Decrease in Current Assets (Stock) | 4,500 | ||
Increase in Current Liabilities | 7,500 | ||
Less : Increase in Current Assets (Debtors) | (5,100) | ||
Decrease in Current Liabilities | 0 | 6,900 | |
Cash Generated from operating activities | 60,900 | ||
Less : Income Tax Paid | 0 | ||
Cash Flow before extra ordinary items | 60,900 | ||
Add / less Extra ordinary items | 0 | ||
Net Cash Flow from operating activities | 60,900 | ||
B. | Cash Flow from investing activties | ||
Sale of Machinery | |||
Less : Purchase of Building | (7,500) | ||
Less : Purchase of Land | (15,000) | ||
Less : Purchase of Machinery | (22,500) | (45,000) | |
Net Cash from Investing Activities | (45,000) | ||
C. | Cash Flow from Finacing activities | ||
Proceeds from issue of shares | |||
Proceeds of Loan from associate company | 30,000 | ||
Less : Repayment of Loan from bank | (9,000) | ||
Less : Interest Paid | 0 | ||
Less : Dividend Paid | (39,000) | (18,000) | |
Net Cash Flow From Financing activities | (18,000) | ||
Net Increase or Decrease in cash and cash equivalents (A+B+C) | (2,100) | ||
Cash and Cash Equivalents at the beginning | 7,500 | ||
Cash and Cash Equivalents at the end | 5,400 |
Provision for Depreciation A/c | |||||
Cr. | |||||
Date | Particulars | Amount | Date | Particulars | Amount |
(Rs) | (Rs) | ||||
Bal b/d | 40,500 | ||||
Depreciation A/c(B.Fig) | 13,500 | ||||
Bal C/d | 54,000 | ||||
54,000 | 54,000 | ||||
Machinery A/c (Cost) | |||||
Cr. | |||||
Date | Particulars | Amount | Date | Particulars | Amount |
(Rs) | (Rs) | ||||
Bal B/d | 160,500 | ||||
Bank A/c (B. Fig) | 22,500 | ||||
Bal C/d | 183,000 | ||||
183,000 | 183,000 | ||||
Note: Machinery at cost simply means Accumulated Depreciation (Opening and Closing Balances) are added in the WDV balance given in the balance sheet of the machinery.
Regards