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

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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

3,00,000

4,00,000

1,00,000

33.3

b. Reserves and Surplus

1,00,000

1,50,000

50,000

50

2. Non-Current Liabilities

a. Long Term Borrowings
(Loan from IDBI)

1,00,000

3,00,000

2,00,000

200

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

1,00,000

1,10,000

10,000

10

Total

7,00,000

11,00,000

4,00,000

57.14

II. Assets

1. Non-Current Assets

a. Fixed Assets

2,20,000

4,00,000

1,80,000

81.8

b. Non Current Investments

1,00,000

2,25,000

1,25,000

125

2. Current Assets

a. Current Investments

60,000

80,000

20,000

33.3

b. Inventories (Stock)

90,000

1,05,000

15,000

16.6

c. Trade Receivables

60,000

90,000

30,000

50

d. Short Term Loans and Advances

85,000

1,00,000

15,000

17.65

e. Cash and Cash Equivalents

85,000

1,00,000

15,000

17.65

Total

7,00,000

11,00,000

4,00,000

57.14

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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

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.

From the following Balance Sheets of Tiger Super Steel Ltd., prepare Cash Flow Statement:

Balance Sheet of Tiger Super Steel Ltd.
as at 31st March 2014 and 31st March 2017
Particulars	Note No.	March 31, 2017 (Rs)	March 31, 2016 (Rs)
I) Equity and Liabilities
1. Shareholders’ Funds
a) Share capital	1	1,40,000	1,20,000
b) Reserves and surplus	2	22,800	15,200
2. Current Liabilities
a) Trade payables	3	21,200	14,000
b) Other current liabilities	4	2,400	3,200
c) Short-term provisions	5	28,400	22,400
Total		2,14,800	1,74,800
II) Assets
1. Non-Current Assets
a) Fixed assets
i) Tangible assets	6	96,400	76,000
ii) Intangible assets		18,800	24,000
b) Non-current investments		14,000	4,000
2. Current Assets
a) Inventories		31,200	34,000
b) Trade receivables		43,200	30,000
c) Cash and Cash Equivalents		11,200	6,800
Total		2,14,800	1,74,800

Notes to accounts:

	2017	2016
1. Share Capital
Equity share capital	1,20,000	80,000
10% Preference share capital	20,000	40,000
	1,40,000	1,20,000
2. Reserves and surplus
General reserve	12,000	8,000
Balance in statement of profit and loss	10,800	7,200
	22,800	15,200
3. Trade payables
Bills payable	21,200	14,000

4. Other current liabilities
Outstanding expenses	2,400	3,200

5. Short-term provisions
Provision for taxation	12,800	11,200
Proposed dividend	15,600	11,200
	28,400	22,400
6. Tangible assets
Land and building	20,000	40,000
Plant	76,400	36,000
	96,400	76,000

Additional Information:
Depreciation Charge on Land & Building Rs 20,000, and Plant Rs 10,000 during the year.

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	3,00,000	4,00,000	1,00,000	33.3
b. Reserves and Surplus	1,00,000	1,50,000	50,000	50
2. Non-Current Liabilities
a. Long Term Borrowings (Loan from IDBI)	1,00,000	3,00,000	2,00,000	200
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	1,00,000	1,10,000	10,000	10
Total	7,00,000	11,00,000	4,00,000	57.14
II. Assets
1. Non-Current Assets
a. Fixed Assets	2,20,000	4,00,000	1,80,000	81.8
b. Non Current Investments	1,00,000	2,25,000	1,25,000	125
2. Current Assets
a. Current Investments	60,000	80,000	20,000	33.3
b. Inventories (Stock)	90,000	1,05,000	15,000	16.6
c. Trade Receivables	60,000	90,000	30,000	50
d. Short Term Loans and Advances	85,000	1,00,000	15,000	17.65
e. Cash and Cash Equivalents	85,000	1,00,000	15,000	17.65
Total	7,00,000	11,00,000	4,00,000	57.14