From the following information- prepare cash flow statement- -160-ParticularsNote No-31st March2014-Rs-31st March2013-Rs-I- Equity and Liabilities -160- -160- -160-1- Shareholders- Funds -160- -160- -160-a- Share capital -160-7-00-0005-00-000b- Reserves and surplus -160-4-70-0002-50-0002- Non-current Liabilities -160- -160- -160-8

Cash Flow Statementfor the year ending March 31, 2014 #160;ParticularsDetails(Rs)Amount(Rs)A.Cash from Operating Activities #160; #160; #160;Net Profit ...

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Byju's Answer

Standard XI

Accountancy

Statement of Affairs

From the foll...

Question

From the following information, prepare cash flow statement:

Particulars Note No. 31^st March
2014
(Rs) 31^st March
2013
(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 2014 (Rs)	31^st March 2013 (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

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Solution

Cash Flow Statement
for the year ending March 31, 2014

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

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Similar questions

Following is the Balance Sheet of Raj Oil Mills Limited as at March 31, 2017. Calculate Current Ratio.

Particulars	(Rs)
I. Equity and Liabilities:
1. Shareholders’ funds
a) Share capital	7,90,000
b) Reserves and surplus	35,000
2. Current Liabilities
a) Trade Payables	72,000
Total	8,97,000
II. Assets
1. Non-current Assets
a) Fixed assets
Tangible assets	7,53,000
2. Current Assets
a) Inventories	55,800
b) Trade Receivables	28,800
c) Cash and cash equivalents	59,400
Total	8,97,000

Following are the Balance Sheets of Krish Tech Ltd. for the year ended 31st March, 2012 and 2013 (Revised).
$\begin{matrix} Particulars & Note & Amount (Rs) & Amount (Rs) No. & 2012 - 13 & 2011 - 12 1. Equity and Liabilities (1) Shareholders' Funds (a) Share Capital & 12, 00, 000 & 8, 00, 000 (b) Reserves and Surplus (Profit & Loss Balance) & 3, 50, 000 & 4, 00, 000 (2) Non-current liabilities Long term borrowings & 4, 40, 000 & 3, 50, 000 (3) Current liability : Trade Payables & 60, 000 & 50, 000 Total & 20, 50, 000 & 16, 00, 000 II. Assets (1) Non-current Assets (a) Fixed Assets (i) Tangible Assets & 12, 00, 000 & 9, 00, 000 (2) Current Assets (a) Inventories & 2, 00, 000 & 1, 00, 000 (b) Trade Receivables & 3, 10, 000 & 2, 30, 000 (c) Cash and cash equivalents & 3, 40, 000 & 3, 70, 000 Total & 20, 50, 000 & 16, 00, 000 \end{matrix}$

Prepare a Cash Flow Statement after taking into account the following adjustments.

(a) The company paid interest Rs 36,000 on its long-term borrowing.

(b) Depreciation charged on tangible fixed assets was Rs 1,20,000.

Prepare a Cash Flow Statement from the following Balance Sheet (Revised) :

$\begin{matrix} Particulars & Note & 31 - 03 - 2013 & 31 - 03 - 2012 No. & Amount(Rs) & Amount(Rs) 1. Equity and Liabilities (1) Shareholder's Funds : (a) Share Capital & 6, 30, 000 & 5, 60, 000 (b) Reserves and Surplus & 1 & 3, 08, 000 & 1, 82, 000 (2) Current Liabilities Trade Payables & 2, 80, 000 & 1, 82, 000 Total & 12, 18, 000 & 9, 24, 000 II. Assets (1) Non-current Assets : (a) Fixed Assets : Tangible Assets - Plant & 3, 92, 000 & 2, 80, 000 (2) Current Assets : (a) Inventories & 98, 000 & 1, 40, 000 (b) Trade Receivables & 6, 30, 000 & 4, 20, 000 (c) Cash and Cash Equivalents & 98, 000 & 84, 000 Total & 12, 18, 000 & 9, 24, 000 \end{matrix}$

$\begin{matrix} Particulars & 31 - 03 - 2013 & 31 - 03 - 2012 Amount(Rs) & Amount(Rs) Reserves and Surplus Surplus (Balance in statement of P and L) & 3, 08, 000 & 1, 82, 000 \end{matrix}$

Additional Information : (i) An old machinery having book value of Rs 42,000 was sold for Rs 56,000. (ii) Depreciation provided on machinery during the year was Rs 28,000.

From the following Balance Sheets of X Ltd. as at 31st March, 2016 and 2015, prepare a common size Balance Sheet.
$\begin{matrix} Particulars & Note & Amount (Rs) & Amount (Rs) No. & 31 - 3 - 2016 & 31 - 3 - 2015 1. Equity and Liabilities (1) Shareholders' Funds (a) Share Capital & 80, 00, 000 & 60, 00, 000 (b) Reserves and Surplus & 12, 00, 000 & 8, 00, 000 (2) Non-current liabilities Long term borrowings & 24, 00, 000 & 20, 00, 000 (3) Current liability : Trade Payables & 4, 00, 000 & 12, 00, 000 Total & 1, 20, 00, 000 & 1, 00, 00, 000 II. Assets (1) Non-current Assets Fixed Assets (a) Tangible & 80, 00, 000 & 60, 00, 000 (b) Intangible & 4, 00, 000 & 12, 00, 000 (2) Current Assets (a) Inventories & 24, 00, 000 & 20, 00, 000 (b) Cash and cash equivalents & 12, 00, 000 & 8, 00, 000 Total & 1, 20, 00, 000 & 1, 00, 00, 000 \end{matrix}$

Following is the Balance Sheet of Future Retail Mart and from the additional information as on 31-03-2017. Prepare Cash Flow Statement.

$\begin{matrix} Particulars & Note & 31 - 03 - 2017 & 31 - 03 - 2016 No. & (Rs) & (Rs) I. EQUITY AND LIABILITIES (1) Shareholder's Funds: (a) Share Capital & 5, 50, 000 & 4, 75, 000 (b) Reserves and Surplus & 1 & 1, 75, 000 & 50, 000 (2) Non-current Liabilities: Long-term Borrowings & 2 & 2, 25, 000 & 50, 000 (3) Current Liabilities: (a) Short-term Borrowings & 3 & 75, 000 & 37, 500 (b) Short-term Provisions & 4 & 1, 00, 000 & 62, 500 Total & 11, 25, 000 & 6, 75, 000 II. ASSETS (1) Non-current Assets: (i) Fixed Assets (a) Tangible & 5 & 8, 07, 500 & 4, 52, 500 (b) Intangible & 6 & 50, 000 & 75, 000 (ii) Non-current Investment & 1, 50, 000 & 50, 000 (2) Current Assets: (a) Current Investments & 20, 000 & 35, 000 (b) Inventories & 7 & 61, 000 & 36, 000 (c) Cash and Cash Equivalents & 36, 500 & 26, 500 Total & 11, 25, 000 & 6, 75, 000 \end{matrix}$

Notes to Accounts :

$\begin{matrix} Note & Particulars & 31 - 03 - 2017 & 31 - 03 - 2016 No. & (Rs) & (Rs) 1 & Reserves and Surplus: Balance in Profit and Loss & 1, 25, 000 & 50, 000 General Reserve & 50, 000 & - 2 & Long-term Borrowings : 10 % Debentures & 2, 25, 000 & 50, 000 3 & Short-term Borrowings : Bank Overdraft & 75, 000 & 37, 500 4 & Short-term Provisions : Proposed Dividend & 1, 00, 000 & 62, 500 5 & Tangible Assets: Machinery & 9, 12, 500 & 5, 22, 500 (-) Accumulated Depreciation & (1, 05, 000) & (70, 000) 8, 07, 500 & 4, 52, 500 6 & Intangible Assets: Goodwill & 50, 000 & 75, 000 7 & Inventories: Stock in Trade & 61, 000 & 36, 000 \end{matrix}$

Additional Information:

(i) During the year a piece of Machinery Costing Rs 80,000 on which accumulated depreciation was Rs 55,000 was sold for Rs 15,000.

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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, 2014
	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