The Balance sheet of Oedrila Ltd for the year that ended on 31st Mar 2019 and 2020
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Question:
The Balance sheet of Oedrila Ltd for the year that ended on 31st Mar 2019 and 2020 are as follows:
Additional Information:
a) Depreciation of Rs. 20,000 was charged on plant and machinery during the year 2019-20.
b) A machinery costing Rs. 50,000, on which the total depreciation amounting to Rs. 30,000 was provided, was sold at Rs. 25,000 during the year 2019-20.
c) A dividend of Rs. 24,000 was paid during the year 2019-20.
Required:
Prepare a statement showing the changes in the working capital and a fund flow statement for the year that ended on 31st Mar 2020.
Related Book For
Federal Taxation 2021 Corporations, Partnerships, Estates & Trusts
ISBN: 9780135919460
34th Edition
Authors: Timothy J. Rupert, Kenneth E. Anderson, David S. Hulse
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