From the following summary cash account of Y Limited, prepare cash flow statement for the year ended
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From the following summary cash account of Y Limited, prepare cash flow statement for the year ended March 31, 2010 in accordance with AS-3:
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Particulars To Balance as on 1-04-2008 To Issue of equity shares To Receipt from debtors To Sale of fixed assets Summary Cash Account Particulars By Payment to creditors By Purchase of fixed assets By Overheads (Expenses) By Salary and Wages By Income tax paid Amount (*) 50,000 3,00,000 28,00,000 1,00,000 32,50,000 By Final dividend paid By Repayment of debentures By Balance as on 31-03-2009 Amount (*) 20,00,000 2,00,000 2,00,000 1,00,000 2,50,000 50,000 3,00,000 1,50,000 32,50,000
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In order to prepare a cash flow statement for Y Limited for the year ended March 31 2010 according to Accounting Standard3 AS3 on Cash Flow Statements ...View the full answer
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