From the following Balance Sheet of R S Enterprise Ltd., prepare Cash Flow Statement as per AS----3 and comment on it.

Other information available on 31.3.2016:
(i) An old furniture (valued at ₹ 14,000 after 30% depreciation) sold for ₹ 12,000. Accumulated depreciation on fixed assets as on 31.3.2015 and 31.3.2016 were ₹ 1,80,000 and ₹ 2,10,000.
(ii) Land and Building and Stock of another firm of ₹ 5,30,000 and ₹ 60,000 respectively were purchased for a consideration of ₹ 6,00,000 paid for in shares.
(iii) Tax liabilities provided for 2015 was 20% lower than final settlement.
(iv) Debentures were issued at 10% discount and interest on bank overdraft and dividend on investment were ₹ 2,400 and ₹ 5,600 respectively.

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I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital: Balance Sheet of R. S. Enterprise Ltd. as at 31st December, ... 31.03.2015 ('000) (3) Particulars (1) Equity Share of 10 each fully paid 8% Redeemable Preference Share of 10 each fully paid (Redeemable @ 10% premium) (b) Reserves and Surplus (2) Share Application Money Pending Allotment: (3) Non-current Liabilities: (4) Current Liabilities: (a) Long-term Borrowings-11% Debentures TOTAL (a) Short-term Borrowings - Bank Loan (b) Trade Payables - Sundry Creditors (d) Short-term Provisions : Provision for Tax Proposed Dividend Note No. (2) 500 200 120 300 300 120 40 60 1,370 31.03.2016 ('000) (4) 1,100 150 135 450 100 40 65 2,040