From the following balance sheets and additional information, prepare cash flow statement. Additional Information: (i) Depreciation of
Question:
From the following balance sheets and additional information, prepare cash flow statement.
Additional Information:
(i) Depreciation of ₹10,000 and ₹20,000 has been provided on plant and land and building, respectively.
(ii) An interim dividend of ₹5,000 was paid during the year and the final dividend for the year was ₹15,000.
(iii) Tax paid during the year was ₹35,000.
Transcribed Image Text:
(A) Sources of Funds Equity Share Capital 8% Preference Share Capital General Reserve P & L Appropriation a/c Creditors Bank Overdraft Outstanding Expenses (B) Application of Funds Goodwill Land and Building Plant Debtors Stock Bills Receivable Cash in hand Cash at bank Comparative Balance Sheet Particulars Previous Year Current Year 3,00,000 1,50,000 40,000 30,000 97,000 20,000 40,000 1,15,000 2,00,000 80,000 1,60,000 77,000 20,000 15,000 10,000 4,00,000 1,00,000 70,000 48,000 1,33,000 16,000 50,000 90,000 1,70,000 2,00,000 2,00,000 1,09,000 30,000 10,000 8,000
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