From the following information- prepare cash flow statement-Additional Information-Denreciation C-harde on Plant amount to Rs- 80-000-

Cash Flow Statement for the year ending March 31, 2015 nbsp; Particulars Details (Rs) ...

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Standard XII

Accountancy

Common Size Financial Statements

From the foll...

Question

From the following information, prepare cash flow statement:

Particulars Note No. 31^st March
2015
(Rs) 31^st March
2014
(Rs)

I) Equity and Liabilities

1. Shareholders’ Funds

a) Share capital
7,00,000 5,00,000

b) Reserves and surplus
4,70,000 2,50,000

2. Non-current Liabilities

(8% Debentures)
4,00,000 6,00,000

3. Current Liabilities

a) Trade payables
9,00,000 6,00,000

Total 24,70,000 19,50,000

II) Assets

1. Non-current assets

a) Fixed assets

i) Tangible
7,00,000 5,00,000

ii) Intangible-Goodwill
1,70,000 2,50,000

2. Current assets

a) Inventories
6,00,000 5,00,000

b) Trade Receivables
6,00,000 4,00,000

c) Cash and cash equivalents
4,00,000 3,00,000

Total 24,70,000 19,50,000

Additional Information:

Depreciation Charge on Plant amount to Rs. 80,000.

Particulars	Note No.	31^st March 2015 (Rs)	31^st March 2014 (Rs)
I) Equity and Liabilities
1. Shareholders’ Funds
a) Share capital		7,00,000	5,00,000
b) Reserves and surplus		4,70,000	2,50,000
2. Non-current Liabilities
(8% Debentures)		4,00,000	6,00,000
3. Current Liabilities
a) Trade payables		9,00,000	6,00,000
Total		24,70,000	19,50,000
II) Assets
1. Non-current assets
a) Fixed assets
i) Tangible		7,00,000	5,00,000
ii) Intangible-Goodwill		1,70,000	2,50,000
2. Current assets
a) Inventories		6,00,000	5,00,000
b) Trade Receivables		6,00,000	4,00,000
c) Cash and cash equivalents		4,00,000	3,00,000
Total		24,70,000	19,50,000

Open in App

Solution

Cash Flow Statement

for the year ending March 31, 2015

Particulars

Details

(Rs)

Amount

(Rs)

A.

Cash from Operating Activities

Net Profit

2,20,000

Items to be Added:

Interest on Debentures

48,000

Depreciation on Fixed Assets

80,000

Goodwill Written-off

80,000

2,08,000

Operating Profit before Working Capital Adjustments

4,28,000

Add: Increase in Current Liabilities

Creditors

3,00,000

Less: Increase in Current Assets

Inventories

(1,00,000)

Trade Receivables

(2,00,000)

-

Cash Generated from Operations

4,28,000

Less: Tax Paid

-

Net Cash From Operating Activities

4,28,000

B.

Cash From Investing Activities

Purchase of Fixed Assets (WN)

(2,80,000)

Net Cash From Investing Activities

(2,80,000)

C.

Cash From Financing Activities

Issue of Share Capital

2,00,000

Redemption of Debentures

(2,00,000)

Interest Paid on Debentures

(48,000)

(48,000)

Net Cash From Financing Activities (C)

(48,000)

Net Increase in Cash (A + B + C)

1,00,000

Add: Opening Cash and Cash Equivalents

3,00,000

Closing Cash and Cash Equivalents

4,00,000

Working Note:

Fixed Assets Account

Dr.

Cr.

Particulars

J.F.

Amount

(Rs)

Particulars

J.F.

Amount

(Rs)

Balance b/d

5,00,000

Depreciation

80,000

Purchases (Balancing Figure)

2,80,000

Balance c/d

7,00,000

7,80,000

7,80,000

Suggest Corrections

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Prepare Cash Flow Statement from the following Information:

Balance Sheet
Liabilities	2004 Rs	2005 Rs	Assets	2004 Rs	2005 Rs
Equity Share Capital	5,00,000	7,00,000	Cash/Bank	3,00,000	4,00,000
8% Debentures	6,00,000	4,00,000	Sundry Debtors	4,00,000	6,00,000
Profit and Loss Account	3,00,000	5,00,000	Stock	5,00,000	6,00,000
Creditors	6,00,000	9,00,000	Goodwill	2,50,000	1,70,000
			Discount on Debenture	50,000	30,000
			Plant	5,00,000	7,00,000
	20,00,000	25,00,000		20,00,000	25,00,000

Additional Information:

Depreciation Charge on Plant amount to Rs 80,000.

Q. Prepare cash flow statement from the following information:

Balance Sheet

\begin{matrix} Capital and Liabilities & 2010 (Rs.) & 2011 (Rs.) & Assets & 2010 (Rs.) & 2011 (Rs.) Equity Share Capital & 5,00,000 & 7,00,000 & Cash/Bank & 3,00,000 & 4,00,000 8% Debentures & 6, 00, 000 & 4, 00, 000 & Sundry Debtors & 4,00,000 & 6,00,000 Profit and Loss Account & 3,00,000 & 5,00,000 & Stock & 5,00,000 & 6,00,000 Creditors & 6,00,000 & 9,00,000 & Goodwill & 2,50,000 & 1,70,000 Discount on Debenture & 50, 000 & 30, 000 Plant & 5,00,000 & 7,00,000 ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 20, 00, 000 - --------- - & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 25, 00, 000 - --------- - & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 20, 00, 000 - --------- - & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 25, 00, 000 - --------- - \end{matrix}

Additional information:
Depreciation charged on plant amounts to Rs. 80,000.

Q. From the following information, prepare cash flow statement for Yogeta Ltd.
Balance Sheet

\begin{matrix} Capital and Liabilites & 2010 (Rs.) & 2011 (Rs.) & Assets & 2010 (Rs) & 2011 (Rs) Equity Share Capital & 2, 00, 000 & 3, 00, 000 & Bank & 45, 000 & - Preference Share Capital & - & 1, 00, 000 & Cash & 5, 000 & - Profit and Loss Account & 1, 00, 000 & 2, 00, 000 & Stock & 1, 00, 000 & 1, 70, 000 Loan & 2, 00, 000 & - & Bills Receivable & 50, 000 & 1, 00, 000 Provision for Taxation & 30, 000 & 50, 000 & Fixed Assets & 4, 00, 000 & 7, 00, 000 Bills Payable & 50, 000 & 70, 000 Bank Overdraft & - & 1, 00, 000 Loan from Rahul & 20, 000 - -------- - & 1, 50, 000 - --------- - 6, 00, 000 - --------- - & 9, 70, 000 - --------- - & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 6, 00, 000 - --------- - & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 9, 70, 000 - --------- - \end{matrix}

Additional Information:
Net profit for the year after charging Rs. 50,000 as depreciation was Rs. 1,50,000, dividend paid on share was Rs. 50,000, tax provision created during the year amounted to Rs. 60,000.

From the following Balance Sheet and information of Sun Ltd., prepare Cash Flow Statement:

Particulars ulars	Note No.	31st March, 2019 (₹)	31st March, 2018 (₹)
I. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Share Capital	1	7,00,000	6,00,000
(b) Reserves and Surplus	2	4,10,000	2,00,000
2. Non-Current Liabilities
Long-term Borrowings: 10% Debentures		3,00,000	2,00,000
3. Current Liabilities
(a) Trade Payables		1,40,000	60,000
Total Total Expenses		15,50,000	10,60,000
II. ASSETS
1. Non-Current Assets
(a) Fixed Assets−Tangible		7,00,000	6,00,000
(b) 10% Investments		2,00,000	1,00,000
2. Current Assets
(a) Current Investments		90,000	50,000
(b) Inventories		2,00,000	1,00,000
(c) Trade Receivables	3	2,80,000	1,90,000
(d) Cash and Cash Equivalents		80,000	20,000
Total		15,50,000	10,60,000

Notes to Accounts :
Particulars	31st March, 2019 (₹)	31st March, 2018 (₹)
1. Share Capital
Equity Share Capital	5,00,000	3,00,000
10% Preference Share Capital	2,00,000	3,00,000
	7,00,000	6,00,000
2. Reserves and Surplus
Securities Premium Reserve	10,000	...
Surplus i.e., Balance in Statement of Profit and Loss	4,00,000	2,00,000
	4,10,000	2,00,000
3. Trade Receivables
Sundry Debtors	3,00,000	2,00,000
Less: Provision for Doubtful Debts	20,000	10,000
	2,80,000	1,90,000

You are informed that during the year:

(i)	Proposed Dividend:	31st March, 2019	31st March, 2018
	Equity Share Capital	Nil	Nil
	Preference Share Capital	10%	10%

(ii) A machine with a book value of ₹ 90,000 was sold for ₹ 50,000;
(iii) Depreciation charged during the year ₹ 60,000;
(iv) Debentures were issued on 1st April, 2018;
(v) Investments were purchased on 31st March, 2019;
(vi) Preference shares were redeemed on 31st December,2018;
(vii) An interim dividend @ 15% was paid on equity shares on 31st December, 2018;
(viii) Fresh equity shares were issued at a premium of 5% on 31st March, 2019.

From the following Balance Sheet and information of Volvo Ltd., prepare Cash Flow Statement:

Particulars ulars	Note No.	31st March, 2019 (₹)	31st March, 2018 (₹)
I. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Share Capital	1	2,25,000	2,50,000
(b) Reserves and Surplus	2	1,27,500	50,000
2. Non-Current Liabilities
Long-term Borrowings: 10% Debentures		1,00,000	50,000
3. Current Liabilities
(a) Trade Payables		72,500	35,000
(b) Other Current Liabilities−Premium on Redemption of Preference Shares		2,500	5,000
Total Total Expenses		5,27,500	3,90,000
II. ASSETS
1, Non-Current Assets
(a) Fixed Assets−Tangible		3,10,000	2,55,000
(b) Non-Current Investments (10% Investments)		40,000	15,000
2. Current Assets
(a) Current Investments		5,000	4,000
(b) Inventories		45,000	50,000
(c) Trade Receivables	3	92,500	45,000
(d) Cash and Cash Equivalents	4	35,000	21,000
Total		5,27,500	3,90,000

Notes to Accounts

Particulars	31st March, 2019 (₹)	31st March, 2018 (₹)
1. Share Capital
Equity Share Capital	1,75,000	1,50,000
12% Preference Share Capital	50,000	1,00,000
	2,25,000	2,50,000
2. Reserves and Surplus
General Reserve	10,000	15,000
Surplus, i.e., Balance in Statement of Profit and Loss	1,17,500	35,000
	1,27,500	50,000
3. Trade Receivables
Sundry Debtors	1,00,000	50,000
Less: Provision for Doubtful Debts	7,500	5,000
	92,500	45,000
4. Cash and Cash Equivalents
Cash in Hand	12,500	6,000
Cash in Bank	22,500	15,000
	35,000	21,000

Additional Information :
(i) You are informed during the year:

Proposed Dividend	31st March, 2019 (₹)	31st March, 2018 (₹)
Equity Share Capital	NIL	NIL
Preference Share Capital	12%	12%

(ii) A machine with a book value of ₹20,000 was sold for ₹12,500;
(iii) Depreciation charged during the year was ₹35,000;
(iv) Preference shares were redeemed on 31st March, 2018 at a premium of 5%;
(v) An Interim dividend of ₹5,000 was paid on equity shares on 31st March, 2019 out of General Reserve;
(vi) Fresh equity shares were Issued on 31st March, 2019; and
(vii) Additional Investments were purchased on 31st March, 2019.

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Fixed Assets Account
Dr.						Cr.
Particulars	J.F.	Amount (Rs)	Particulars	J.F.	Amount (Rs)
Balance b/d		5,00,000	Depreciation		80,000
Purchases (Balancing Figure)		2,80,000	Balance c/d		7,00,000

		7,80,000			7,80,000

Cash Flow Statement for the year ending March 31, 2015
	Particulars	Details (Rs)	Amount (Rs)
A.	Cash from Operating Activities
	Net Profit		2,20,000
	Items to be Added:
	Interest on Debentures	48,000
	Depreciation on Fixed Assets	80,000
	Goodwill Written-off	80,000	2,08,000
	Operating Profit before Working Capital Adjustments		4,28,000
	Add: Increase in Current Liabilities
	Creditors	3,00,000
	Less: Increase in Current Assets
	Inventories	(1,00,000)
	Trade Receivables	(2,00,000)	-
	Cash Generated from Operations		4,28,000
	Less: Tax Paid		-
	Net Cash From Operating Activities		4,28,000

B.	Cash From Investing Activities
	Purchase of Fixed Assets (WN)	(2,80,000)
	Net Cash From Investing Activities		(2,80,000)

C.	Cash From Financing Activities
	Issue of Share Capital	2,00,000
	Redemption of Debentures	(2,00,000)
	Interest Paid on Debentures	(48,000)	(48,000)
	Net Cash From Financing Activities (C)		(48,000)
	Net Increase in Cash (A + B + C)		1,00,000
	Add: Opening Cash and Cash Equivalents		3,00,000
	Closing Cash and Cash Equivalents		4,00,000