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Ahmed Irfan asked a question
Subject: Accountancy, asked on on 13/2/15
From the following balance sheet,prepare the cash flow statement                                    Particulars Note no. 31st march 2012 31st march 2013 III. equity and liabilities
     1.Share holder’s Fund
             a)Share Capital
             b)Reserves and surplus
      2.Non-current Liabilities Long Term borrowings
                    Debentures
      3.Current Liabilities
           Trade Payables
           Total
 
IV. Assets
       1.Non-current Assets
            a) Fixed assets
            b)Non-current Investment :
                Investment
        2. Current Assets
             a)Trade Receivables
             b)Inventories
             c)Cash and cash Equivalents
             d)other current assets – underwriting commission
 
                     Total  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   
 
3,00,000
1,60,000
 
1,50,000
 
85,000  
 
3,50,000
2,20,000
 
2,50,000
 
1,25,000  
6,95,000  
9,45,000  
 
                4,20,000
30,000
 
 
80,000
40,000
1,20,000
5,000
   
 
             4,90,000
80,000
 
 
1,90,000
55,000
1,30,000
---
                  6,95,000             9,45,000 Notes to Account;                  Particulars 31st March 2012 31st March 2013 1) Reserves and surplus
    General Reserves
    Balance in Statement of profit and loss
 
2) Fixed  Assets
    Tangible (Machinery)
    Intangible (goodwill)
   
1,00,000
60,000
   
1,50,000
70,000
  1,60,000
  2,20,000
  3,20,000
1,00,000
  4,10,000
80,000
  4,20,000
  4,90,000
   
 Additional Information :
i. Depreciation charged amounted to be $40,000. A machine costing $ 20,000 and accumulated depreciation  on it $ 8,000 was sold for $ 10,000.                                                                                                                                                                                                                                      Ii.Tax paid during the year $ 10,000.
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