From the following information, prepare a Cash Flow Statement for the year ended 31st March, 2016: Additional
Question:
From the following information, prepare a Cash Flow Statement for the year ended 31st March, 2016:
Additional information:
(a) Dividend of ₹ 23,000 was paid during the year.
(b) Net profit for the year ₹ 66,100.
(c) Depreciation written-off on building ₹ 10,000 and on machinery ₹ 12,000.
(d) Income tax paid during the year ₹ 33,000.
(e) The following assets of another company were purchased for a consideration of ₹ 50,000 and paid in shares. Assets were : Stock ₹ 20,000; Machinery ₹ 25,000.
(f) Further machinery was purchased for ₹ 8,000 during the year. Loss on sale of machinery ₹ 200 was written off to General Reserve
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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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