Prepare fund flow statement. Additional Information: (i) During the year assets of another company were purchased for
Question:
Prepare fund flow statement.
Additional Information:
(i) During the year assets of another company were purchased for which consideration was discharged by issue of equity shares of 40,000. The assets purchased included Stock 5,000, fixed assets 35,000.
(ii) Depreciation for the year was 75,000.
Transcribed Image Text:
(A) Sources of Funds Paid up capital Retained earnings Long-term debt Accounts payable Bills payables Comparative Balance Sheet ( in '000) Particulars 2010 50 350 500 80 80 1,060 2011 90 375 550 100 90 1,205
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