Liabilities 2010 2011 Assets 2010 2011 Share Capital 100000 120000 Goodwill 15000 13000 Profit/loss a/c 25000...

Transcribed Image Text:

Liabilities 2010 2011 Assets 2010 2011 Share Capital 100000 120000 Goodwill 15000 13000 Profit/loss a/c 25000 45000 Building 50000 45000 Debenture 50000 75000 Machinery 100000 120000 creditors 10000 15000 Furniture 1000 2000 Bills Payable 1000 2000 Investment 60000 Provision for Dep. On Debtors 13000 12000 Building 5000 7000 Stock 12000 11000 Machinery 3000 4000 Cash 2000 4500 Preliminary Exp. 1000 500 194000 268000 194000 268000 Additional information A Part of building of the original cost of Rs 5000on which accumulateddepreciation was Rs 500 was sold during the year 2011 for Rs. 6000 One Machine costing Rs 10000 on which accumulated depreciation Rs. 300 was sold during the year for Rs. 8000 in 2011. An Interim Dividend Paid during the year 2011 was Rs. 15000. you are required to prepare a Fund flow Statement. You are required to prepare a Fund flow Statement. Liabilities 2010 2011 Assets 2010 2011 Share Capital 100000 120000 Goodwill 15000 13000 Profit/loss a/c 25000 45000 Building 50000 45000 Debenture 50000 75000 Machinery 100000 120000 creditors 10000 15000 Furniture 1000 2000 Bills Payable 1000 2000 Investment 60000 Provision for Dep. On Debtors 13000 12000 Building 5000 7000 Stock 12000 11000 Machinery 3000 4000 Cash 2000 4500 Preliminary Exp. 1000 500 194000 268000 194000 268000 Additional information A Part of building of the original cost of Rs 5000on which accumulateddepreciation was Rs 500 was sold during the year 2011 for Rs. 6000 One Machine costing Rs 10000 on which accumulated depreciation Rs. 300 was sold during the year for Rs. 8000 in 2011. An Interim Dividend Paid during the year 2011 was Rs. 15000. you are required to prepare a Fund flow Statement. You are required to prepare a Fund flow Statement.

Answer rating: 100% (QA)

Trading and Profit Loss Account for the year ended 31st December 2011 ParticularsAmount Rs To Openin... View the full answer