Question: Prepare cash flow statement. Q. 6. The Balance Sheet and Statement of Profit & Loss of S K Ltd. are given below: BALANCE SHEET as

Prepare cash flow statement.
Q. 6. The Balance Sheet and Statement of Profit & Loss of S K Ltd. are given below: BALANCE SHEET as at 31st

Statement of Profit & Loss for the year ended 31.3.2013 Particulars Sales Cost of goods sold Operating


Q. 6. The Balance Sheet and Statement of Profit & Loss of S K Ltd. are given below: BALANCE SHEET as at 31st March Particulars 1. EQUITY AND LIABILITIES: Share Capital General Reserve Securities Premium Surplus Debentures Trade Payables Income Tax Payable Other Current Liabilities II. ASSETS: Plant and Machinery Accumulated Depreciation Investments (Long-Term) Inventory Trade Receivables Cash at Bank TOTAL TOTAL 2012 in lacs) 1,000 360 250 400 200 40 250 2,500 1,550 (230) 1,320 315 700 150 15 2,500 2013. in laes) 1,500 420 30 400 270 300 50 230 3,200 1,800 (300) 1,500 440 1,140 80 40 3,200

Step by Step Solution

3.44 Rating (154 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To analyze the given information and prepare a revised Balance Sheet as at 31st March 2013 we need to consider the adjustments and changes based on th... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!