From the following Balance Sheets of PM Ltd. make out ---- (i) A Statement of Changes in
Question:
From the following Balance Sheets of PM Ltd. make out ----
(i) A Statement of Changes in Working Capital;
(ii) A Fund Flow Statement for the year 2015.
Additional information:
(a) During 2015 the Company paid ₹ 2,00,000 as Equity Dividend and ₹ 56,250 as Preference Dividend.
(b) The company redeemed the Preference Shares at premium of 5% after making a call of ₹ 50 per share to make the shares fully paid.
(c) During the year 2015 one plant whose book value was ₹ 1,00,000 was sold at a loss of ₹ 20,000 and the company purchased a plant for ₹ 6,00,000.
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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