From the following balance sheets of WWF Ltd, prepare fund flow statement and draw inferences. Additional Information:
Question:
From the following balance sheets of WWF Ltd, prepare fund flow statement and draw inferences.
Additional Information:
(i) ₹30,000 income tax was paid during the year 2008–09.
(ii) Depreciation of ₹10,000 and ₹1,20,000 have been charged on plant and machinery and on land and building, respectively for the year 2008–09.
(iii) A portion of building was sold at book value.
(iv) An interim dividend of ₹25,000 has been paid in the year 2008–09 along with ₹3,000 for corporate dividend tax thereon.
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