The summary of cash transactions extracted from the books of Happy Ltd. are:

You are required to prepare a cash flow statement of the company for the period ended 31st March, 2016 in accordance with the Indian Accounting

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Balance as on 1st April, 2015 Receipts from customers Issue of shares Sale of fixed assets Payment to suppliers Payment for fixed assets Payment for overheads Wages and salaries Taxation Dividends Repayment of bank loans Balance as on 31st March, 2016 ('000) 140 11,132 1,200 512 12,984 8,188 920 460 276 972 320 1,000 12,136 848 Balance as on 1st April, 2015 Receipts from customers Issue of shares Sale of fixed assets Payment to suppliers Payment for fixed assets Payment for overheads Wages and salaries Taxation Dividends Repayment of bank loans Balance as on 31st March, 2016 ('000) 140 11,132 1,200 512 12,984 8,188 920 460 276 972 320 1,000 12,136 848

Answer rating: 100% (QA)

Solution Cash flow ... View the full answer