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Page No 3.100:
Answer:
| Cash Flow from Operating Activities For the Year Ending March 31, 2015 |
||
| Particulars | Details (Rs) | Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 1,25,000 | |
| + Provision for Tax | 20,000 | |
| + Reserve | – | |
| + Dividend | 15,000 | |
| Add: Non Operating Expenses | ||
| Goodwill Written Off | 10,000 | |
| Preliminary Expenses Written Off | 2,000 | |
| Loss on Sale of Machinery | 10,000 | 22,000 |
| Less: Non Operating Incomes | ||
| Profit on Sale of Furniture | (5,000) | (5,000) |
| Operating Profit Before Working Capital Changes | 1,77,000 | |
| Add: Decrease in Current Assets & Increase in Current Liabilities | ||
| Inventories | 6,000 | |
| Expenses Outstanding | 1,000 | 7,000 |
| Less: Increase in Current Assets & Decrease in Current Liabilities | ||
| Creditors | (8,000) | |
| Debtors | (4,000) | |
| Provision for Tax | (2,000) | (12,000) |
| Cash From Operating Activities | 1,70,000 | |
| Less: Tax Paid | – | |
| Net Cash From Operating Activities (A) | 1,70,000 | |
Page No 3.101:
Answer:
| Cash From Investing Activities For the Year Ending ….. |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash From Investing Activities | ||
| Purchase of Land | (5,00,000) | |
| Purchase of Investment | (2,70,000) | |
| Purchase of Machinery | (4,50,000) | |
| Proceeds from Sale of Building | 6,00,000 | |
| Proceeds from Sale of Investments | 1,60,000 | |
| Proceeds from Sale of Machinery | 2,10,000 | |
| Interest received | 20,000 | |
| Dividend Received | 30,000 | |
| Rent Received | 90,000 | (1,10,000) |
| Net Cash From Investing Activities | (1,10,000) | |
Page No 3.101:
Answer:
| Cash From Investing Activities For the Year Ending March31,2014 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash From Investing Activities | ||
| Purchase of Plant & Machinery | (2,60,000) | |
| Proceeds from Sale of Plant & Machinery | 40,000 | |
| Proceeds from Sale of Land | 1,60,000 | |
| Purchase of Investment | (60,000) | (1,20,000) |
| Net Cash From Investing Activities | (1,20,000) | |
Working Notes:-
| Plant & Machinery Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Balance b/d | 8,50,000 | Depreciation A/c | 50,000 | ||
| Bank A/c (Purchases) (Balancing Figure) |
2,60,000 | Sales A/c | 40,000 | ||
| P& L A/c ( Loss) | 20,000 | ||||
| Balance c/d | 10,00,000 | ||||
| 11,10,000 | 11,10,000 | ||||
Land Account |
|||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Balance b/d | 2,00,000 | Sales A/c (Balancing Figure) | 1,60,000 | ||
| P& L A/c (Profit) | 60,000 | Balance c/d | 1,00,000 | ||
| 2,60,000 | 2,60,000 | ||||
Page No 3.101:
Answer:
| Cash From Investing Activities For the Year Ending March31,2014 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash From Investing Activities | ||
| Purchase of Goodwill | (1,00,000) | |
| Purchase of Investment | (1,80,000) | |
| Purchase of Machinery | (4,40,000) | |
| Proceeds from Sale of Patents | 1,00,000 | |
| Proceeds from Sale of Investments | 1,00,000 | |
| Proceeds from Sale of Machinery | 50,000 | |
| Interest on Investment received | 7,200 | |
| Dividend Received on Investment | 10,000 | |
| Rent Received | 20,000 | |
| Net Cash From Investing Activities | 4,32,800 | |
Working Notes:-
| Machinery Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Balance b/d | 10,20,000 | Depreciation A/c | 1,40,000 | ||
| Bank A/c ( Purchases) (Balancing Figure) |
4,40,000 | Bank A/c | 50,000 | ||
| P& L A/c ( Loss) | 30,000 | ||||
| Balance c/d | 12,40,000 | ||||
| 14,60,000 | 14,60,000 | ||||
Patents Account |
|||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Balance b/d | 3,80,000 | P& L A/c ( Loss) | 40,000 | ||
| P& L A/c ( Profit) | 20,000 | Sales A/c (Balancing Figure) | 1,00,000 | ||
| Balance c/d | 2,60,000 | ||||
| 14,60,000 | 14,60,000 | ||||
| Investment Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Balance b/d | 60,000 | Sales A/c (Balancing Figure) | 1,00,000 | ||
| Bank A/c | 1,80,000 | Balance c/d | 1,60,000 | ||
| P& L A/c ( Profit) | 20,000 | ||||
| 2,60,000 | 2,60,000 | ||||
Page No 3.101:
Answer:
| Cash From Financing Activities For the Year Ending March31,2014 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash From Financing Activities | ||
| Interest Paid on Debentures | (19,000) | |
| Dividend Paid | (50,000) | |
| Proceeds from Issue of Share Capital | 2,00,000 | |
| Proceeds from Issue of Debenture | 1,00,000 | 2,31,000 |
| Net Cash From Financing Activities | 2,31,000 | |
Page No 3.102:
Answer:
| Cash Flow Statement For the Year Ending March31,2014 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 9,000 | |
| + Provision for Tax | 32,000 | |
| + General Reserve | 10,000 | |
| + Proposed Dividend | 39,000 | |
| Add: Non Operating Expenses | ||
| Goodwill Written Off | 10,000 | 10,000 |
| Less: Non Operating Incomes |
–
|
|
| Operating Profit Before Working Capital Changes | 1,00,000 | |
| Add: Decrease in Current Assets & Increase in Current Liabilities | ||
| Inventories | 7,000 | |
| Creditors | 18,000 | 25,000 |
| Less: Increase in Current Assets & Decrease in Current Liabilities | ||
| Debtors | (33,000) | |
| Other Current Liabilities | (2,000) | (35,000) |
| Cash From Operating Activities | 90,000 | |
| Less: Tax Paid | (28,000) | |
| Net Cash From Operating Activities (A) | 62,000 | |
| Cash From Investing Activities | ||
| Purchase of Plant | (1,01,000) | |
| Purchase of Investment | (25,000) | |
| Proceeds from Sale of Land & Building | 53,000 | (73,000) |
| Net Cash From Investing Activities (B) | (73,000) | |
| Cash From Financing Activities | ||
| Proposed Dividend | (28,000) | |
| Proceeds from Share Capital | 50,000 | 22,000 |
| Net Cash From Financing Activities (C) | 22,000 | |
| Net Increase in Cash (A + B + C) | 11,000 | |
| Add: Opening Cash and Cash Equivalents | 17,000 | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
| Closing Cash and Cash Equivalents | 28,000 | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
Page No 3.103:
Answer:
| Cash Flow Statement For the Year Ending March 31, 2015 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 47,000 | |
| + Provision for Tax | 30,000 | |
| + General Reserve | 25,000 | |
| + Proposed Dividend |
–
|
|
| Add: Non Operating Expenses | ||
| Goodwill Written Off | 18,000 | 18,000 |
| Less: Non Operating Incomes |
–
|
|
| Operating Profit Before Working Capital Changes | 1,20,000 | |
| Add: Decrease in Current Assets & Increase in Current Liabilities | ||
| Inventories | 40,000 | |
| O/standing Expenses | 10,000 | 50,000 |
| Less: Increase in Current Assets & Decrease in Current Liabilities | ||
| Debtors | (34,000) | |
| Creditors | (93,000) | (1,27,000) |
| Cash From Operating Activities | 43,000 | |
| Less: Tax Paid | (22,000) | |
| Net Cash From Operating Activities (A) | 21,000 | |
| Cash From Investing Activities | ||
| Proceeds from Sale of Land & Building | 1,50,000 | |
| Purchase of Machinery | (1,65,000) | |
| Proceeds from Sale of Investment | 32,000 | 17,000 |
| Net Cash From Investing Activities (B) | 17,000 | |
| Cash From Financing Activities | ||
| Payment of Land & Building | (30,000) | |
| Proceeds from Share Capital | 30,000 |
–
|
| Net Cash From Financing Activities (C) |
–
|
|
| Net Increase in Cash (A + B + C) | 38,000 | |
| Add: Opening Cash and Cash Equivalents | (60,000) | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
| Closing Cash and Cash Equivalents | (22,000) | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
Page No 3.104:
Answer:
| Cash Flow Statement For the Year Ending March31,2014 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 1,05,000 | |
| + Provision for Tax | 15,000 | |
| + General Reserve | – | |
| + Proposed Dividend | 28,000 | |
| Add: Non Operating Expenses | ||
| Depreciation on Furniture | 16,000 | 16,000 |
| Less: Non Operating Incomes | – | |
| Operating Profit Before Working Capital Changes | 1,64,000 | |
| Add: Decrease in Current Assets & Increase in Current Liabilities | ||
| Debtors | 9,000 | |
| Prepaid Expenses | 2,000 | |
| Bills Receivable | 15,000 | 26,000 |
| Less: Increase in Current Assets & Decrease in Current Liabilities | ||
| Creditors | (34,000) | |
| Inventories | (22,000) | (56,000) |
| Cash From Operating Activities | 1,34,000 | |
| Less: Tax Paid | (10,000) | |
| Net Cash From Operating Activities (A) | 1,24,000 | |
| Cash From Investing Activities | ||
| Purchase of Fixed Assets | (1,55,000) | (1,55,000) |
| Net Cash From Investing Activities (B) | (1,55,000) | |
| Cash From Financing Activities | ||
| Proceeds from Land & Building | 25,000 | |
| Proposed Dividend | (20,000) | 5,000 |
| Net Cash From Financing Activities (C) | 5,000 | |
| Net Increase in Cash (A + B + C) | (26,000) | |
| Add: Opening Cash and Cash Equivalents | 59,000 | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
| Closing Cash and Cash Equivalents | 33,000 | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
Working Note:-
| Fixed Assets Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Balance b/d | 1,84,000 | Depreciation | 16,000 | ||
| Cash A/c (Balancing Figure) | 1,55,000 | Balance c/d | 3,23,000 | ||
| 3,39,000 | 3,39,000 | ||||
Page No 3.105:
Answer:
| Cash Flow Statement For the Year Ending March 31, 2014 |
||
| Particulars | Details (Rs) | Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 50,000 | |
| + Provision for Tax | 15,000 | |
| + General Reserve | – | |
| + Proposed Dividend | 30,000 | |
| Add: Non Operating Expenses | ||
| Depreciation on Plant & Machinery | 10,000 | 10,000 |
| Less: Non Operating Incomes | – | |
| Operating Profit Before Working Capital Changes | 1,05,000 | |
| Add: Decrease in Current Assets & Increase in Current Liabilities | ||
| Creditors | 44,000 | |
| Bills Receivable | 4,000 | 48,000 |
| Less: Increase in Current Assets & Decrease in Current Liabilities | ||
| Debtors | (36,000) | |
| Inventories | (40,000) | (76,000) |
| Cash From Operating Activities | 77,000 | |
| Less: Tax Paid | (12,000) | |
| Net Cash From Operating Activities (A) | 65,000 | |
| Cash From Investing Activities | ||
| Proceeds from sale of Plant & Machinery | 50,000 | 50,000 |
| Net Cash From Investing Activities (B) | 50,000 | |
| Cash From Financing Activities | ||
| Payment of Land & Building | (75,000) | |
| Proposed Dividend | (20,000) | (95,000) |
| Net Cash From Financing Activities (C) | (95,000) | |
| Net Increase in Cash (A + B + C) | 20,000 | |
| Add: Opening Cash and Cash Equivalents | (32,000) | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
| Closing Cash and Cash Equivalents | (12,000) | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
Working Note:-
| Plant & Machinery Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) | ||
| Balance b/d | 1,50,000 | Depreciation | 10,000 | ||
| Bank A/c (Balancing Figure) | 50,000 | ||||
| Balance c/d | 90,000 | ||||
| 1,50,000 | 1,50,000 | ||||
Page No 3.106:
Answer:
| Cash Flow Statement For the Year Ending March31,2014 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | (56,000) | |
| + Provision for Tax | ||
| + General Reserve | ||
| + Proposed Dividend | ||
| Add: Non Operating Expenses | ||
| Depreciation on Plant & Machinery | 10,000 | |
| Loss on Sale of Furniture | 2,000 | |
| Debenture Interest | 12,000 | 24,000 |
| Less: Non Operating Incomes | – | |
| Operating Profit Before Working Capital Changes | (32,000) | |
| Add: Decrease in Current Assets & Increase in Current Liabilities | – | |
| Less: Increase in Current Assets & Decrease in Current Liabilities | ||
| Debtors | (10,000) | |
| Creditors | (25,000) | (35,000) |
| Cash From Operating Activities | (67,000) | |
| Less: Tax Paid | – | |
| Net Cash From Operating Activities (A) | (67,000) | |
| Cash From Investing Activities | ||
| Proceeds from sale of Fixed Assets | 28,000 | |
| Purchase of Fixed Assets | (1,20,000) | (92,000) |
| Net Cash From Investing Activities (B) | (92,000) | |
| Cash From Financing Activities | ||
| Proceeds from Issue of Share Capital | 1,00,000 | |
| Proceeds from issue of 12% Debentures | 36,000 | |
| Debenture Interest Paid | (12,000) | |
| Security Premium Reserve | 25,000 | 1,49,000 |
| Net Cash From Financing Activities (C) | 1,49,000 | |
| Net Increase in Cash (A + B + C) | (10,000) | |
| Add: Opening Cash and Cash Equivalents | 40,000 | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
| Closing Cash and Cash Equivalents | 30,000 | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
Working Note:-
| Fixed Assets Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Balance b/d | 2,00,000 | Depreciation (Balancing Figure) | 10,000 | ||
| Cash A/c | 1,20,000 | Cash A/c | 28,000 | ||
| P& L A/c | 2,000 | ||||
| 3,20,000 | 3,20,000 | ||||
Page No 3.107:
Answer:
| Cash Flow Statement For the Year Ending March31,2014 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 36,000 | |
| + Provision for Tax | 27,000 | |
| + General Reserve | 30,000 | |
| + Proposed Dividend | ||
| Add: Non Operating Expenses | ||
| Depreciation on Fixed Assets | 2,10,000 | |
| Interim Dividend | 1,20,000 | 3,30,000 |
| Less: Non Operating Incomes | ||
| Profit on Sale of Investment | (1,500) | |
| Profit on Sale of Fixed Assets | (6,000) | (7,500) |
| Operating Profit Before Working Capital Changes | 4,15,500 | |
| Add: Decrease in Current Assets & Increase in Current Liabilities | ||
| Inventories | 90,000 | 90,000 |
| Less: Increase in Current Assets & Decrease in Current Liabilities | ||
| Debtors | (7,35,000) | |
| Creditors | (1,02,000) | (8,37,000) |
| Cash From Operating Activities | 3,31,500 | |
| Less: Tax Paid | (2,22,000) | |
| Net Cash From Operating Activities (A) | (5,53,500) | |
| Cash From Investing Activities | ||
| Proceeds from sale of Investment | 25,500 | |
| Proceeds from sale of Fixed Assets | 36,000 | |
| Purchase of Investment | (54,000) | 7,500 |
| Net Cash From Investing Activities (B) | 7,500 | |
| Cash From Financing Activities | ||
| Interim Dividend | (1,20,000) | |
| Proceeds from Land & Buildings | 8,10,000 | 6,90,000 |
| Net Cash From Financing Activities (C) | 6,90,000 | |
| Net Increase in Cash (A + B + C) | 1,44,000 | |
| Add: Opening Cash and Cash Equivalents | 4,47,000 | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
| Closing Cash and Cash Equivalents | 5,91,000 | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
Working Note:-
| Investment Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Balance b/d | 1,50,000 | Bank A/c | 25,500 | ||
| P & L A/c | 1,500 | Balance c/d | 1,80,000 | ||
| Bank A/c (Balancing Figure) | 54,000 | ||||
| 2,05,500 | 2,05,500 | ||||
| Provision for Tax Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Cash A/c | 2,22,000 | Balance b/d | 2,25,000 | ||
| Balance c/d | 30,000 | P & L A/c | 27,000 | ||
| 2,52,000 | 2,52,000 | ||||
|
Fixed Assets Account
|
|||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Balance b/d | 12,00,000 | Depreciation (Balancing Figure) | 2,10,000 | ||
| P & L A/c | 6,000 | Bank A/c | 36,000 | ||
| Balance c/d | 9,60,000 | ||||
| 12,06,000 | 12,06,000 | ||||
Page No 3.108:
Answer:
| Cash Flow Statement For the Year Ending March 31, 2013 |
||
| Particulars | Details (Rs) | Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 100 | |
| + Provision for Tax | 33,000 | |
| + General Reserve | 10,000 | |
| + Proposed Dividend | – | |
| Add: Non Operating Expenses | ||
| Depreciation on Machinery | 14,000 | |
| Depreciation on Building | 10,000 | |
| Dividend | 23,000 | 47,000 |
| Less: Non Operating Incomes | – | |
| Profit on Sale of Investment | ||
| Profit on Sale of Fixed Assets | ||
| Operating Profit Before Working Capital Changes | 47,000 | |
| Add: Decrease in Current Assets & Increase in Current Liabilities | ||
| Inventories | 26,000 | |
| Debtors | 16,000 | 42,000 |
| Less: Increase in Current Assets & Decrease in Current Liabilities | ||
| Creditors | (15,000) | (15,000) |
| Cash From Operating Activities | 1,17,100 | |
| Less: Tax Paid | (28,000) | |
| Net Cash From Operating Activities (A) | 89,100 | |
| Cash From Investing Activities | ||
| Purchase of Machinery | (33,000) | |
| Purchase of Goodwill | (5,000) | (38,000) |
| Net Cash From Investing Activities (B) | (38,000) | |
| Cash From Financing Activities | ||
| Dividend Paid | (23,000) | |
| Proceeds from Share Capital | 50,000 | |
| Redemption of Land & Buildings | (70,000) | (43,000) |
| Net Cash From Financing Activities (C) | (43,000) | |
| Net Increase in Cash (A + B + C) | 8,100 | |
| Add: Opening Cash and Cash Equivalents | 500 | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
| Closing Cash and Cash Equivalents (600+8,000) | 8,600 | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
Working Note:-
| Machinery Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) | ||
| Balance b/d | 1,50,000 | Depreciation A/c | 14,000 | ||
| Cash A/c | 33,000 | Balance c/d | 1,69,000 | ||
| 1,83,000 | 1,83,000 | ||||
|
Provision for Tax Account
|
|||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Cash A/c | 28,000 | Balance b/d (Balancing Figure) | 30,000 | ||
| Balance c/d | 35,000 | P & L A/c | 33,000 | ||
| 63,000 | 63,000 | ||||
|
Building Account
|
|||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Balance b/d | 2,00,000 | Depreciation | 10,000 | ||
| Balance c/d | 1,90,000 | ||||
| 2,00,000 | 2,00,000 | ||||
Page No 3.109:
Answer:
| Cash Flow Statement For the Year Ending March 31, 2015 |
||
| Particulars | Details (Rs) | Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 1,000 | |
| + Provision for Tax | 19,000 | |
| + General Reserve | ||
| + Proposed Dividend | ||
| Add: Non Operating Expenses | ||
| Depreciation on Plant | 4,000 | |
| Depreciation on Building | 4,000 | 8,000 |
| Less: Non Operating Incomes | ||
| Interest on Investment | (1,000) | (1,000) |
| Operating Profit Before Working Capital Changes | 27,000 | |
| Add: Decrease in Current Assets & Increase in Current Liabilities | ||
| Inventories | 6,600 | 6,600 |
| Less: Increase in Current Assets & Decrease in Current Liabilities | ||
| Creditors | (2,600) | |
| Bills Payable | (400) | |
| Debtors | (2,000) | (5,000) |
| Cash From Operating Activities | 28,600 | |
| Less: Tax Paid | (17,000) | |
| Net Cash From Operating Activities (A) | 11,600 | |
| Cash From Investing Activities | ||
| Purchase of Plant | (3,000) | |
| Interest Received on Investment | 1,000 | |
| Purchase of Investment | 1,000 | (3,000) |
| Net Cash From Investing Activities (B) | (3,000) | |
| Cash From Financing Activities |
–
|
|
| Net Cash From Financing Activities (C) |
–
|
|
| Net Increase in Cash (A + B + C) | 8,600 | |
| Add: Opening Cash and Cash Equivalents (2,600+4,000) | 6,600 | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
| Closing Cash and Cash Equivalents (5,200+10,000) | 15,200 | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
Working Note:-
| Plant Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) | ||
| Balance b/d | 37,000 | Depreciation A/c | 4,000 | ||
| Cash A/c (Balancing Figure) | 3,000 | Balance c/d | 36,000 | ||
| 40,000 | 40,000 | ||||
| Provision for Tax Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Cash A/c (Balancing Figure) | 17,000 | Balance b/d | 16,000 | ||
| Balance c/d | 18,000 | P & L A/c | 19,000 | ||
| 35,000 | 35,000 | ||||
Page No 3.110:
Answer:
| Cash Flow Statement For the Year Ending March31,2015 |
||
| Particulars | Details (Rs) | Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 40,000 | |
| + Provision for Tax | 80,000 | |
| + General Reserve | 40,000 | |
| + Proposed Dividend | 22,500 | |
| Add: Non Operating Expenses | ||
| Depreciation on Fixed Assets | 10,000 | |
| Interest Paid on Loan | 5,000 | |
| Interest Paid on Debentures | 9,000 | 24,000 |
| Less: Non Operating Incomes |
–
|
|
| Operating Profit Before Working Capital Changes | 2,06,500 | |
| Add: Decrease in Current Assets & Increase in Current Liabilities | ||
| Creditors | 10,000 | 10,000 |
| Less: Increase in Current Assets & Decrease in Current Liabilities | ||
| Inventories | (25,000) | |
| Debtors | (50,000) | |
| Current Investments | (1,500) | (76,500) |
| Cash From Operating Activities | 1,40,000 | |
| Less: Tax Paid | (60,000) | |
| Net Cash From Operating Activities (A) | 80,000 | |
| Cash From Investing Activities |
–
|
|
| Net Cash From Investing Activities (B) |
–
|
|
| Cash From Financing Activities | ||
| Interest Paid on Loan from Bank | (5,000) | |
| Interest Paid on Debentures | (9,000) | |
| Proposed Dividend | (10,000) | |
| Repayment of Debentures | (80,000) | |
| Repayment of Bank Loan | (50,000) | |
| Proceeds from Equity Share Capital | 50,000 | |
| Proceeds from Preference Share Capital | 50,000 | |
| Bank Overdraft | (15,000) | (69,000) |
| Net Cash From Financing Activities (C) | (69,000) | |
| Net Increase in Cash (A + B + C) | 11,000 | |
| Add: Opening Cash and Cash Equivalents | 20,000 | |
| Closing Cash and Cash Equivalents | 31,000 | |
Working Note:-
| Fixed Assets Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Balance b/d | 4,10,000 | Depreciation A/c | 10,000 | ||
| Balance c/d | 4,00,000 | ||||
| 4,10,000 | 4,10,000 | ||||
Page No 3.111:
Answer:
| Cash Flow Statement For the Year Ending March31,2015 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 40,000 | |
| + Provision for Tax | ||
| + General Reserve | ||
| + Proposed Dividend | ||
| Add: Non Operating Expenses | ||
| Depreciation on Building | 20,000 | |
| Depreciation on Plant | 10,000 | |
| Interest Paid on Deposits | 19,200 | |
| Interest Paid on Debentures | 14,400 | 63,600 |
| Less: Non Operating Incomes | – | |
| Operating Profit Before Working Capital Changes | 1,03,600 | |
| Add: Decrease in Current Assets & Increase in Current Liabilities | ||
| Creditors | 4,000 | |
| Accrued Income | 8,000 | |
| Inventories | 6,000 | 18,000 |
| Less: Increase in Current Assets & Decrease in Current Liabilities | ||
| Prepaid Expenses | (4,000) | |
| Bills Payable | (4,000) | |
| O/standing Expenses | (4,000) | |
| Debtors | (30,000) | |
| Bills Receivables | (2,000) | (44,000) |
| Cash From Operating Activities | 77,600 | |
| Less: Tax Paid | – | |
| Net Cash From Operating Activities (A) | 77,600 | |
| Cash From Investing Activities | ||
| Purchase of Building | (1,60,000) | |
| Purchase of Plant | (50,000) | (2,10,000) |
| Net Cash From Investing Activities (B) | (2,10,000) | |
| Cash From Financing Activities | ||
| Interest Paid on Deposit | (19,200) | |
| Interest Paid on Debentures | (14,400) | |
| Proceeds from Public Deposit | 80,000 | |
| Proceeds from Issue of Share Capital | 60,000 | |
| Proceeds from Issue of Debentures | 36,000 | 1,42,400 |
| Net Cash From Financing Activities (C) | 1,42,400 | |
| Net Increase in Cash (A + B + C) | 10,000 | |
| Add: Opening Cash and Cash Equivalents | 1,00,000 | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
| Closing Cash and Cash Equivalents | 1,10,000 | |
| (Cash + Marketable Investments- Bank Overdraft) | ||
Working Note:-
| Building Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Balance b/d | 3,00,000 | Depreciation A/c | 20,000 | ||
| Cash A/c (Balancing Figure) | 1,60,000 | Balance c/d | 4,40,000 | ||
| 4,60,000 | 4,60,000 | ||||
| Plant Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) | ||
| Balance b/d | 1,60,000 | Depreciation A/c | 10,000 | ||
| Cash A/c (Balancing Figure) | 50,000 | Balance c/d | 2,00,000 | ||
| 2,10,000 | 2,10,000 | ||||
Page No 3.83:
Answer:
Transaction Classified as Operating Activities
1. Cash Received from Debtors.
2. Cash Paid to Creditors.
3. Selling and Distribution Expenses.
4. Wages and Salaries.
Page No 3.83:
Answer:
Transaction Classified as Investing Activities
1. Proceeds from Sale of Investments.
2. Purchase of Debentures.
3. Dividend Received on Investments.
4. Public Deposits given.
Page No 3.83:
Answer:
Transaction Classified as Financing Activities
1. Loan taken from Bank.
2. Issue of Debentures.
3. Issue of Shares.
4. Redemption of Debentures.
5. Buy-Back of Shares.
6. Dividend Paid.
Page No 3.83:
Answer:
Transaction Classified as Operating Activities
1. Cash Sales.
2. Cash Purchases.
3. Salary and Wages.
4. Income Tax Refund.
5. Computer Maintenance Expenses.
Transaction Classified as Investing Activities
1. Purchase of Investments.
2. Dividend Received.
Transaction Classified as Financing Activities
1. Dividend Paid.
2. Issue of Shares.
Transaction Classified as Cash and Cash Equivalents Activities
1. Cash in Hand.
2. Cash at Bank.
Page No 3.84:
Answer:
Transaction Classified as Operating Activities
1. Selling Expenses.
2. Cash Paid to Creditors.
3. Salaries Paid.
4. Marketing Expenses
Transaction Classified as Investing Activities
1. Purchase of Patents.
2. Sale of Goodwill.
3. Sale of Investments.
Transaction Classified as Financing Activities
1. Buy- Back of Shares.
2. Issue of Shares.
3. Loan taken.
4. Redemption of Preference Shares.
Transaction Classified as Cash and Cash Equivalents Activities
1. Fixed Deposit with Bank.
2. Marketable Securities.
Page No 3.84:
Answer:
Transaction Classified as Operating Activities
1. Rent received by a Real Estate Company.
Transaction Classified as Investing Activities
1. Purchase of Investments.
2. Dividend Received.
3. Rent Received by a Trading Company.
Transaction Classified as Financing Activities
1. Dividend Paid.
2. Interest Paid on Borrowings.
3. Proceeds from Issue of Debentures.
Transaction Classified as Cash and Cash Equivalents Activities
1. Marketable Securities.
Page No 3.84:
Answer:
| Calculation of Net Profit Before Tax For the Year Ending March31,2015 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 55,000 | |
| + Provision for Tax | 50,000 | |
| + Proposed Dividend | 50,000 | |
| Net Profit Before Tax | 1,55,000 | |
Page No 3.85:
Answer:
| Calculation of Operating Profit before working Capital Changes For the Year Ending ……. |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 6,00,000 | |
| + Provision for Tax | ||
| + Reserve | ||
| + Dividend | ||
|
Add: Non Operating Expenses
|
||
| Goodwill written off | 30,000 | |
| Depreciation on Fixed Assets | 1,40,000 | |
| Premium paid on Redemption of Debentures | 10,000 | |
| Interest on Debentures | 28,000 | |
| Share Issue Expenses Written Off | 1,000 | |
| Loss on Sale of Machinery | 30,000 | 2,39,000 |
|
Less: Non Operating Incomes
|
||
| Profit on Sale of Investment | (20,000) | |
| Interest and Dividend received on Investment | (46,000) | (66,000) |
| Operating Profit Before Working Capital Changes | 7,73,000 | |
Page No 3.85:
Answer:
| Calculation of Operating Profit before working Capital Changes For the Year Ending March 31,2015 |
||
| Particulars | Details (Rs) | Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 1,20,000 | |
| + Provision for Tax | 1,50,000 | |
| + Investment Fluctuation Reserve | 10,000 | |
| + Bad Debts | 5,000 | |
| –Excess Provision Written Back | (5,000) | |
| 2,80,000 | ||
|
Add: Non Operating Expenses
|
||
| Depreciation on Fixed Assets | 50,000 | 50,000 |
|
Less: Non Operating Incomes
|
– | |
| Operating Profit Before Working Capital Changes | 3,30,000 | |
Page No 3.86:
Answer:
| Calculation of Operating Profit before working Capital Changes For the Year Ending March 31,2015 |
||
| Particulars | Details (Rs) | Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 1,50,000 | |
| + Provision for Tax | 2,50,000 | |
| + Investment Fluctuation Reserve | 40,000 | |
| + Bad Debts | 15,000 | |
| + General Reserve | 50,000 | |
| + Proposed Dividend | 1,20,000 | |
| -Excess Provision Written Back | (5,000) | |
| 6,20,000 | ||
|
Add: Non Operating Expenses
|
||
| Depreciation on Fixed Assets | 1,10,000 | 1,10,000 |
|
Less: Non Operating Incomes
|
||
| Dividend Received on Investments | (10,000) | (10,000) |
| Operating Profit Before Working Capital Changes | 7,20,000 | |
Page No 3.87:
Answer:
|
Cash Flow from Operating Activities
For the Year Ending March 31,2015
|
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 10,000 | |
| + Provision for Tax | ||
| + Reserve | ||
| + Dividend | ||
|
Add: Non Operating Expenses
|
||
| Depreciation | 5,000 | |
|
Less: Non Operating Incomes
|
||
| Operating Profit Before Working Capital Changes | 15,000 | |
|
Add: Decrease in Current Assets & Increase in Current Liabilities
|
||
| Debtors | 10,000 | |
| Bills Receivables | 2,000 | |
| Expenses Outstanding | 1,000 | 13,000 |
|
Less: Increase in Current Assets & Decrease in Current Liabilities
|
||
| Creditors | (4,000) | |
| Bills Payables | (13,000) | |
| Accrued Income | (1,000) | (18,000) |
| Cash From Operating Activities | 10,000 | |
|
Less: Tax Paid
|
– | |
| Net Cash From Operating Activities (A) | 10,000 | |
Page No 3.87:
Answer:
| Cash Flow from Operating Activities For the Year Ending March 31,2015 |
||
| Particulars | Details (Rs) | Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 5,000 | |
| + Provision for Tax | ||
| + Reserve | ||
| + Dividend | ||
|
Add: Non Operating Expenses
|
||
|
Less: Non Operating Incomes
|
||
| Operating Profit Before Working Capital Changes | ||
|
Add: Decrease in Current Assets & Increase in Current Liabilities
|
||
| Creditors | 6,000 | |
| O/standing Rent | 9,000 | |
| Prepaid Insurance | 2,000 | 17,000 |
| 22,000 | ||
|
Less: Increase in Current Assets & Decrease in Current Liabilities
|
||
| Debtors | (6,000) | |
| Current Investments | (2,000) | (8,000) |
| Cash From Operating Activities | 14,000 | |
|
Less: Tax Paid
|
– | |
| Net Cash From Operating Activities (A) | 14,000 | |
Note: Current investments are taken as 'Working Capital'.
Page No 3.87:
Answer:
| Cash Flow from Operating Activities For the Year Ending March 31,2015 |
||
| Particulars | Details (Rs) | Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 1,00,000 | |
| + Provision for Tax | ||
| + Reserve | ||
| + Dividend | ||
|
Add: Non Operating Expenses
|
||
| Provision for Depreciation | 20,000 | |
| Goodwill Written Off | 40,000 | 60,000 |
|
Less: Non Operating Incomes
|
||
| Operating Profit Before Working Capital Changes | 1,60,000 | |
|
Add: Decrease in Current Assets & Increase in Current Liabilities
|
||
| O/standing Expenses | 14,000 | |
| Prepaid Expenses | 2,000 | 16,000 |
| 1,76,000 | ||
|
Less: Increase in Current Assets & Decrease in Current Liabilities
|
||
| Debtors | (80,000) | |
| Inventories | (40,000) | (1,20,000) |
| Cash From Operating Activities | 56,000 | |
|
Less: Tax Paid
|
– | |
| Net Cash From Operating Activities (A) | 56,000 | |
Page No 3.87:
Answer:
| Cash Flow from Operating Activities For the Year Ending ….. |
||
| Particulars | Details (Rs) | Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 4,00,000 | |
| + Provision for Tax | ||
| + General Reserve | 25,000 | |
| + Dividend | ||
|
Add: Non Operating Expenses
|
||
| Depreciation on Fixed Assets | 50,000 | 50,000 |
| Goodwill written off | 5,000 | 5,000 |
|
Less: Non Operating Incomes
|
||
| Profit on Sale of Land | (50,000) | (50,000) |
| Operating Profit Before Working Capital Changes | 4,30,000 | |
|
Add: Decrease in Current Assets & Increase in Current Liabilities
|
||
| Bills Receivable | 2,000 | |
| Prepaid Expenses | 2,000 | 4,000 |
|
Less: Increase in Current Assets & Decrease in Current Liabilities
|
||
| Debtors | (3,000) | |
| Creditors | (5,000) | (8,000) |
| Cash From Operating Activities | 4,26,000 | |
|
Less: Tax Paid
|
– | |
| Net Cash From Operating Activities (A) | 4,26,000 | |
Page No 3.88:
Answer:
| Cash Flow from Operating Activities For the Year Ending ……… |
||
| Particulars | Details (Rs) | Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 1,50,000 | |
| + Provision for Tax | ||
| + Debenture Redemption Reserve | 50,000 | |
| + Dividend | ||
|
Add: Non Operating Expenses
|
||
| Provision for Depreciation | 1,90,000 | 1,90,000 |
| Goodwill written off | 50,000 | 50,000 |
|
Less: Non Operating Incomes
|
||
| Profit on Sale of Plant | (60,000) | (60,000) |
| Operating Profit Before Working Capital Changes | 3,80,000 | |
|
Add: Decrease in Current Assets & Increase in Current Liabilities
|
||
| Debtors | 50,000 | 50,000 |
|
Less: Increase in Current Assets & Decrease in Current Liabilities
|
||
| O/standing Expenses | (30,000) | (30,000) |
| Cash From Operating Activities | 4,00,000 | |
|
Less: Tax Paid
|
– | |
| Net Cash From Operating Activities (A) | 4,00,000 | |
| Provision for Depreciation Account | |||||
| Dr. | Cr. | ||||
| Particulars | Amount (Rs) |
Particulars | Amount (Rs) |
||
| Plant A/c | 90,000 | Balance b/d | 3,00,000 | ||
| Balance c/d | 4,00,000 | Depreciation (Balancing Figure) | 1,90,000 | ||
| 4,90,000 | 4,90,000 | ||||
Page No 3.88:
Answer:
| Cash Flow from Operating Activities For the Year Ending ….. |
||
| Particulars | Details (Rs) | Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 2,50,000 | |
| + Provision for Tax | 1,50,000 | |
| + Reserve | 2,00,000 | |
| + Dividend | ||
|
Add: Non Operating Expenses
|
||
| Depreciation | 2,50,000 | |
| Goodwill written off | 80,000 | |
| Loss on Sale of Machinery | 2,50,000 | 5,80,000 |
|
Less: Non Operating Incomes
|
– | |
| Operating Profit Before Working Capital Changes | 11,80,000 | |
|
Add: Decrease in Current Assets & Increase in Current Liabilities
|
||
| Debtors | 1,28,000 | |
| O/standing Expenses | 15,000 | |
| Prepaid Expenses | 20,000 | 1,63,000 |
|
Less: Increase in Current Assets & Decrease in Current Liabilities
|
||
| Bills Payable | (47,000) | |
| Current Investments | (1,50,000) | (1,97,000) |
| Cash From Operating Activities | 11,46,000 | |
|
Less: Tax Paid
|
(3,50,000) | |
| Net Cash From Operating Activities (A) | 7,96,000 | |
Page No 3.88:
Answer:
| Cash Flow from Operating Activities For the Year Ending March 31,2015 |
||
| Particulars | Details (Rs) | Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 18,000 | |
| + Provision for Tax | 50,000 | |
| + General Reserve | 30,000 | |
| + Proposed Dividend | 50,000 | |
|
Add: Non Operating Expenses
|
||
| Depreciation | 30,000 | 30,000 |
| Goodwill written off | 25,000 | 25,000 |
| Loss on Sale of Machinery | ||
|
Less: Non Operating Incomes
|
– | |
| Operating Profit Before Working Capital Changes | 2,03,000 | |
|
Add: Decrease in Current Assets & Increase in Current Liabilities
|
||
| Stock | 10,000 | |
| Creditors | 28,000 | 38,000 |
|
Less: Increase in Current Assets & Decrease in Current Liabilities
|
||
| Debtors | (92,000) | |
| O/Standing Current Liabilities | (4,000) | (96,000) |
| Cash From Operating Activities | 1,45,000 | |
|
Less: Tax Paid
|
(40,000) | |
| Net Cash From Operating Activities (A) | 1,05,000 | |
Page No 3.89:
Answer:
| Cash From Investing Activities For the Year Ending ……. |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash From Investing Activities | ||
| Purchase of Investment | (5,00,000) | |
| Proceeds from Sale of Investments | 6,00,000 | |
| Purchase of Goodwill | (2,50,000) | |
| Purchase of Machinery | (7,40,000) | |
| Proceeds from Sale of Machinery | 1,00,000 | |
| Proceeds from Sale of Patents | 1,00,000 | |
| Interest received on Investments | 80,000 | |
| Dividend Received on Shares | 40,000 | |
| Rent Received ( Land used for Commercial Purpose) | 80,000 | |
| Net Cash From Investing Activities | (4,90,000) | |
Page No 3.89:
Answer:
| Cash From Investing Activities For the Year Ending March 31,2015 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash From Investing Activities | ||
| Purchase of Patents | (40,000) | |
| Proceeds from Sale of Land | 40,000 | |
| Purchase of Furniture | (4,60,000) | |
| Proceeds from Sale of Investment | 40,000 | |
| Accrued Interest on Investment | 20,000 | |
| Net Cash From Investing Activities | (4,00,000) | |
Page No 3.90:
Answer:
| Cash From Investing Activities For the Year Ending March 31,2015 |
||
| Particulars | Details (Rs) | Amount (Rs) |
| Cash From Investing Activities | ||
| Proceeds from Sale of Investments (2, 50,000+10%) | 2,75,000 | |
| Interest received on Investments | 70,000 | |
| Dividend Received on Investment | 30,000 | |
| Purchase of Investment | (7,50,000) | |
| Rent Received | 20,000 | |
| Purchase of Fixed Assets (23,80,000 + 2,00,000 – 19,50,000) | (6,30,000) | |
| Net Cash From Investing Activities | (9,85,000) | |
Page No 3.90:
Answer:
| Cash From Investing Activities For the Year Ending March 31,2015 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash From Investing Activities | ||
| Proceeds from Sale of Plant & Machinery | 2,50,000 | |
| Purchase of Plant & Machinery (8,00,000 + 2,50,000 – 6,00,000) | (4,50,000) | |
| Purchase of Non Current Investment | (50,000) | |
| Net Cash From Investing Activities | (2,50,000) | |
Page No 3.90:
Answer:
| Cash From Investing Activities For the Year Ending March 31,2015 |
||
| Particulars | Details (Rs) | Amount (Rs) |
|
Cash From Investing Activities |
||
| Dividend Received on Investment | 5,000 | |
| Sale of Non Current Investments | 2,00,000 | |
| Net Cash From Investing Activities | 2,05,000 | |
Page No 3.91:
Answer:
| Cash From Financing Activities For the Year Ending March 31,2015 |
||
| Particulars | Details (Rs) |
Amount
(Rs)
|
| Cash From Financing Activities | ||
| Interest Paid on Debentures | (18,000) | |
| Proceeds from Issue of Share Capital (1,00,000 +10,000) | 1,10,000 | |
| Redemption of Debenture (50,000 + 5,000) | (55,000) | |
| Net Cash From Financing Activities | 37,000 | |
Page No 3.91:
Answer:
| Cash From Financing Activities For the Year Ending March 31,2015 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash From Financing Activities | ||
| Interest Paid on Debentures | (10,000) | |
| Dividend Paid | (50,000) | |
| Proceeds from Issue of Share Capital | 2,00,000 | |
| Redemption of 10% Debenture | (2,00,000) | |
| Proceeds from Issue of 8% Debenture | 3,00,000 | |
| Repayment of Bank Loan | (1,50,000) | |
| Bank Overdraft | 50,000 | |
| Interest paid on Bank Overdraft | (1,000) | |
| Net Cash From Financing Activities | 1,39,000 | |
Page No 3.92:
Answer:
| Cash From Financing Activities For the Year Ending March 31,2015 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash From Financing Activities | ||
| Dividend Paid on Preference Share Capital (4, 00,000 × 10%) | (40,000) | |
| Interim Dividend Paid (6, 00,000 × 15%) | (90,000) | |
| Redemption of Preference Shares (2, 00,000 + 5%) | (2,10,000) | |
| Proceeds from Issue of Equity Share Capital | 2,00,000 | |
| Premium Received from Equity Share | 25,000 | |
| Proceeds from Issue of Debentures | 2,00,000 | |
| Interest Paid on Debentures (48,000 – 9,600) | (38,400) | |
| Net Cash From Financing Activities | 46,600 | |
Page No 3.92:
Answer:
| Cash From Financing Activities For the Year Ending March 31,2014 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash From Financing Activities | ||
| Proceeds from Issue of Equity Share Capital (15,00,000+ 75,000) | 15,75,000 | |
| Share Issue Expenses Paid | (1,75,000) | |
| Bank Overdraft | 1,00,000 | |
| Net Cash From Financing Activities | 15,00,000 | |
Page No 3.93:
Answer:
| Cash Flow from Operating Activities For the Year Ending March31,2014 |
||
| Particulars | Details (Rs) |
Amount (Rs) |
| Cash Flow from Operating Activities | ||
| Net Profit | 5,00,000 | |
| + Provision for Tax | ||
| + Reserve | ||
| + Dividend | ||
| Add: Non Operating Expenses | ||
| Premium on Redemption of Preference Share | 25,000 | 25,000 |
| Interim Dividend | 2,40,000 | 2,40,000 |
| Proposed Dividend (10, 00,000 × 10%) | 1,00,000 | 1,00,000 |
| Less: Non Operating Incomes | – | |
| Operating Profit Before Working Capital Changes | ||
| Add: Decrease in Current Assets & Increase in Current Liabilities | ||
| Less: Increase in Current Assets & Decrease in Current Liabilities | ||
| 9,65,000 | ||
| Cash From Operating Activities | ||
| Less: Tax Paid | ||
| Net Cash From Operating Activities (A) | 9,65,000 | |
| Cash From Financing Activities | ||
| Redemption of Preference Shares Capital (5, 00,000 + 5%) | (5,25,000) | |
| Interim Dividend Paid (30, 00,000 × 8%) | (2,40,000) | |