Following are the balance sheets of Alpha Ltd. as at March 31^st, 2016 and 2017:

Particulars 2016
Rs. 2017
Rs.

I. Equity and Liabilities

Equity share capital
2,00,000 4,00,000

Reserves and surplus
1,00,000 1,50,000

Long-term borrowings
2,00,000 3,00,000

Short-term borrowings
50,000 70,000

Trade payables
30,000 60,000

Short-term provisions
20,000 10,000

Other current liabilities
20,000 30,000

Total 6,20,000 10,20,000

II. Assets

Fixed assets
2,00,000 5,00,000

Non-current investments
1,00,000 1,25,000

Current investments
60,000 80,000

Inventories
1,35,000 1,55,000

Trade receivables
60,000 90,000

Short term loans and advances
40,000 60,000

Cash at bank
25,000 10,000

Total 6,20,000 10,20,000

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Solution

Comparative Balance Sheet

as on March 31, 2016 and 2017

Particulars

2016

(Rs)

2017

(Rs)

Absolute Change

Percentage Change

I. Equity and Liabilities

1. Shareholder’s Fund

a. Equity Share Capital

2,00,000

4,00,000

2,00,000

100

b. Reserves and Surplus

1,00,000

1,50,000

50,000

50

2. Non-Current Liabilities

a. Long Term Borrowings

2,00,000

3,00,000

1,00,000

50

3. Current Liabilities

a. Short Term Borrowings

50,000

70,000

20,000

40

b. Trade Payables

30,000

60,000

30,000

100

c. Short Term Provisions

20,000

10,000

(10,000)

(50)

d. Other Current Liabilities

20,000

30,000

10,000

50

Total

6,20,000

10,20,000

4,00,000

64.5

II. Assets

1. Non-Current Assets

a. Fixed Assets

2,00,000

5,00,000

3,00,000

150

b. Non Current Investments

1,00,000

1,25,000

25,000

25

2. Current Assets

a. Current Investments

60,000

80,000

20,000

33.3

b. Inventories

1,35,000

1,55,000

20,000

14.8

c. Trade Receivables

60,000

90,000

30,000

50

d. Short Term Loans and Advances

40,000

60,000

20,000

50

e. Cash and Cash Equivalents

25,000

10,000

(15,000)

(60)

Total

6,20,000

10,20,000

4,00,000

64.5

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Following are the balance sheets of Beta Ltd. at March 31^st, 2016 and 2017:

Particulars	2017 Rs.	2016 Rs.
I. Equity and Liabilities
Equity share capital	4,00,000	3,00,000
Reserves and surplus	1,50,000	1,00,000
Loan from IDBI	3,00,000	1,00,000
Short-term borrowings	70,000	50,000
Trade payables	60,000	30,000
Short-term provisions	10,000	20,000
Other current liabilities	1,10,000	1,00,000
Total	11,00,000	7,00,000
II. Assets
Fixed assets	4,00,000	2,20,000
Non-current investments	2,25,000	1,00,000
Current investments	80,000	60,000
Stock	1,05,000	90,000
Trade receivables	90,000	60,000
Short term loans and advances	1,00,000	85,000
Cash and cash equivalents	1,00,000	85,000
Total	11,00,000	7,00,000

Q. From the following Balance Sheet of SRS Ltd. and the additional information as on 31st March, 2016, prepare a Cash Flow Statement:

SRS Ltd.

BALANCE SHEET as on 31st March, 2016

Particulars ulars	Note No.	31st March, 2016 (₹)	31st March, 2015 (₹)
I. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Share Capital		4,50,000	3,50,000
(b) Reserves and Surplus	1	1,25,000	50,000
2. Non-Current Liabilities
Long-term Borrowings	2	2,25,000	1,75,000
3. Current Liabilities
(a) Short-term Borrowingst	3	75,000	37,500
(b) Shrot-term Provisions	4	1,00,000	62,500
Total Total Expenses		9,75,000	6,75,000
II. ASSETS
1, Non-Current Assets
(a) Fixed Assets:
(i) Tangible	5	7,32,500	4,52,500
(ii) Intangible	6	50,000	75,000
(b) Non-current Investments		75,000	50,000
2. Current Assets
(a) Current Investments		20,000	35,000
(b) Inventories	7	61,000	36,000
(c) Cash and Cash Equivalents		36,500	26,500
Total		9,75,000	6,75,000

Notes to Accounts

Particular		31^st March 2016 (₹)	31^st March 2015 (₹)
1.	Reserves and Surplus
	Surplus, i.e., Balance in Statement of Profit and Loss	1,25,000	50,000
2.	Long-term Borrowings
	12% Debentures	2,25,000	1,75,000
3.	Short-term Borrowings
	Bank Overdraft	75,000	37,500
4.	Short-term Provisions
	Provision for Tax	1,00,000	62,500
5.	Tangible Assets
	Machinery	8,37,500	5,22,500
	Accumulated Depreciation	(1,05,000)	(70,000)
		7,32,500	4,52,500
6.	Intangible Assets
	Goodwill	50,000	75,000
7.	Inventories
	Stock-in-Trade	61,000	36,000

Additional Information:
(i) ₹50,000, 12% Debentures were issued on 31st March, 2016.
(ii) During the year, a piece of machinery costing ₹40,000, on which accumulated depreciation was ₹20,000, was sold at a loss of ₹5,000.

From the following Balance Sheet of JY Ltd. as at 31st March 2017, prepare a Cash Flow Statement:

BALANCE SHEET
as at 31st March, 2017
Particular	Note No.	31st March, 2017 (₹)	31st March, 2016 (₹)
I. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Share Capital		5,00,000	5,00,000
(b) Reserves and Surplus	1	1,00,000	(25,000)
2. Non-Current Liabilities
Long-term Borrowings	2	2,50,000	1,50,000
3. Current Liabilities
(a) Short-term Borrowings	3	1,50,000	1,10,000
(b) Short-term Provisions	4	1,25,000	75,000
Total		11,25,000	8,00,000
II. ASSETS
1. Non-Current Assets
Fixed Assets–Tangible	5	6,00,000	4,50,000
2. Current Assets
(a) Trade Receivables		2,75,000	2,25,000
(b) Cash and Cash Equivalents		50,000	25,000
(c) Short-term Loans and Advances		2,00,000	1,00,000
Total		11,25,000	8,00,000

Notes to Accounts

Particular		31^st March, 2017 (₹)	31^st March, 2016 (₹)
1.	Reserves and Surplus
	Surplus, i.e., Balance in Statement of Profit and Loss	1,00,000	(25,000)
		1,00,000	(25,000)
2.	Long-term Borrowings
	10% Debentures	2,50,000	1,50,000
		2,50,000	1,50,000
3.	Short-term Borrowings
	Bank Overdraft	1,50,000	1,00,000
		1,50,000	1,00,000
4.	Short-term Provisions
	Provision for Tax	1,25,000	75,000
		1,25,000	75,000
5.	Tangible Assets
	Machinery	7,37,500	5,25,000
	Accumulated Depreciation	(1,37,500)	(75,000)
		6,00,000	4,50,000

Note: Proposed Dividend for the years ended 31st March, 2016 and 2017 are ₹ 50,000 and ₹ 75,000 respectively.
Additional Information: ₹ 1,00,000, 10% Debentures were issued on 31st March, 2017.

Q. From the following Balance Sheet of Mohan Ltd., prepare cash flow Statement:

Balance Sheet of Mohan Ltd.,
as at 31st March 2016 and 31 March 2017
Particulars	Note No.	March 31, 2017 (Rs)	March 31, 2016 (Rs)
I) Equity and Liabilities
1. Shareholders’ Funds
a) Equity share capital		3,00,000	2,00,000
b) Reserves and surplus		2,00,000	1,60,000
2. Non-current liabilities
a) Long-term borrowings	1	80,000	1,00,000
3. Current liabilities
Trade payables		1,20,000	1,40,000
Short-term provisions	2	70,000	60,000
Total		7,70,000	6,60,000
II) Assets
1. Non-current assets
Fixed assets	3	5,00,000	3,20,000
2. Current assets
a) Inventories		1,50,000	1,30,000
b) Trade receivables	4	90,000	1,20,000
c) Cash and cash equivalents	5	30,000	90,000
Total		7,70,000	6,60,000

Notes to accounts:

	2017	2016
1. Long-term borrowings
Bank Loan	80,000	1,00,000
2. Short-term provision
Proposed dividend	70,000	60,000
3. Fixed assets	6,00,000	4,00,000
Less: Accumulated Depreciation	1,00,000	80,000
(Net) Fixed Assets	5,00,000	3,20,000
4. Trade receivables
Debtors	60,000	1,00,000
Bills receivables	30,000	20,000
	90,000	1,20,000
5. Cash and cash equivalents
Bank	30,000	90,000

Additional Information:

Machine Costing Rs. 80,000 on which accumulated depreciation was Rs. 50,000 was sold for Rs. 20,000.

From the following Balance Sheet of JY Ltd. as on 31-3-2017, prepare a Cash Flow Statement.

BALANCE SHEET OF JY LTD.
as on 31-03-2017
$\begin{matrix} Particulars & Note & 31 - 03 - 2017 & 31 - 03 - 2016 N o . & (R s) & (R s) I . Equity and Liabilities (1) Shareholders' Funds (a) Share Capital & 5, 00, 000 & 5, 00, 000 (b) Reerve and Surplus & 1 & 1, 00, 000 & (25, 000) (2) Non-current Liabilities Long-term Borrowings & 2 & 2, 50, 000 & 1, 50, 000 (3) Current Liabilities (a) Short-term Borrowings & 3 & 1, 50, 000 & 1, 00, 000 (b) Short-term Provisions & 4 & 2, 00, 000 & 1, 25, 000 Total & 12, 00, 000 & 8, 50, 000 I I . Assets (1) Non-current Assets (a) Fixed Assets (b)Tangible Assets & 5 & 6, 00, 000 & 4, 50, 000 (2) Current Assets (a) Trade Receivables & 2, 75, 000 & 2, 25, 000 (b) Cash amd Cash Equivalents & 1, 25, 000 & 75, 000 (c) Short term Loans and Advances & 2, 00, 000 & 1, 00, 000 Total & 12, 00, 000 & 8, 50, 000 \end{matrix}$

Notes to Account:
$\begin{matrix} Particulars & 31st March, 2017 & 31st March, 2016 (R s) & (R s) 1. & Reserve and Surplus (Profit and Loss Balance) & 1, 00, 000 & (25, 000) 2. & 10 % Debentures & 2, 50, 000 & 1, 50, 000 3. & Bank Overdraft & 1, 50, 000 & 1, 00, 000 4. & Provisions for Tax & 1, 25, 000 & 75, 000 Dividend Declared & 75, 000 & 50, 000 5. & Machinery & 7, 37, 500 & 5, 25, 000 (-) Accumulated Depreciation & (1, 37, 500) & (75, 000) \end{matrix}$

Additional Information: Rs 1,00,000,10% debentures were issued on 31-03-2017.

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Comparative Balance Sheet as on March 31, 2016 and 2017
Particulars	2016 (Rs)	2017 (Rs)	Absolute Change	Percentage Change
I. Equity and Liabilities
1. Shareholder’s Fund
a. Equity Share Capital	2,00,000	4,00,000	2,00,000	100
b. Reserves and Surplus	1,00,000	1,50,000	50,000	50
2. Non-Current Liabilities
a. Long Term Borrowings	2,00,000	3,00,000	1,00,000	50
3. Current Liabilities
a. Short Term Borrowings	50,000	70,000	20,000	40
b. Trade Payables	30,000	60,000	30,000	100
c. Short Term Provisions	20,000	10,000	(10,000)	(50)
d. Other Current Liabilities	20,000	30,000	10,000	50
Total	6,20,000	10,20,000	4,00,000	64.5
II. Assets
1. Non-Current Assets
a. Fixed Assets	2,00,000	5,00,000	3,00,000	150
b. Non Current Investments	1,00,000	1,25,000	25,000	25
2. Current Assets
a. Current Investments	60,000	80,000	20,000	33.3
b. Inventories	1,35,000	1,55,000	20,000	14.8
c. Trade Receivables	60,000	90,000	30,000	50
d. Short Term Loans and Advances	40,000	60,000	20,000	50
e. Cash and Cash Equivalents	25,000	10,000	(15,000)	(60)
Total	6,20,000	10,20,000	4,00,000	64.5