The following is the comparative balance sheet of X Ltd: Additional Information: (i) Depreciation of 10,000 and

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The following is the comparative balance sheet of X Ltd:

(A) Sources of Funds Equity Share Capital 8% Preference Share Capital General Reserve P & L Appropriation a/c

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.

(iv) During the year preference shares were redeemed at 5% premium.

Prepare fund flow statement.

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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Question Posted: Dec 15, 2023 11:36 PM

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The following is the comparative balance sheet of X Ltd: Additional Information: (i) Depreciation of 10,000 and

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Schedule of Changes in Net Working Capital NWC Increase in NWC 40000 Particulars Increase in Debtors Decrease in Stock Increase in Bills Receivables D...View the full answer

Financial Accounting

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