From the following balance sheets and additional information, prepare cash flow statement: Additional Information: (i) During the
Question:
From the following balance sheets and additional information, prepare cash flow statement:
Additional Information:
(i) During the year depreciation charged to Profit and Loss account was ₹50,000.
(ii) Tax paid during the year was ₹80,000.
(iii) Interest paid on debentures ₹48,500.
(iv) During the year, ₹12,000 was received as dividend on investment and credited to profit and loss account.
Transcribed Image Text:
Particulars A. Sources of Funds Equity Share Capital Debentures Tax Payable Accounts Payable Dividend Payable Bank Overdraft B. Application of Funds Fixed Assets Investment Stock in Trade Accounts Receivables Cash in Hand Comparative Balance Sheet Previous Year Current Year 5,00,000 3,70,000 77,000 96,000 50,000 37,000 6,00,000 2,00,000 2,30,000 70,000 30,000 5,00,000 4,50,000 43,000 1,92,000 35,000 45,000 7,00,000 1,00,000 3,15,000 1,40,000 10,000
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