Question

2.1. From the following Balance Sheets of Aishwarya Ltd., prepare a Cash Flow Statement:
31.3.2011
31.3.2012
Particulars
2,00.000
1,52,000
1,28,000
TOIT
45,000
5,25,000
EQUITY AND LIABILITIES
Shareholders Funds :
2,00,000
Equity Share Capital
Reserves and Surplus :
2011
2012
Reserves
1.10,000 1,75,000
Preliminary Expenses
(20,000) (16,000)
Underwriting Commission (10,000)
(7,000)
80,000
1,52,000
80,000
Current Liabilities :
Accounts Payable
1,39,000
6,000
Outstanding Salaries
Provision for tax
35,000
Total
4,60,000
II. ASSETS
Non Current Assets :
Goodwill
40,000
Machinery
1.50,000
Current Assets :
Short-term Investments
12,000
15,000
Stock
1,80,000
2,15,000
Accounts Receivables
60,000 50,000
Prepaid Expenses
10,000
5,000
Bank
8,000 10.000
Total
4,60,000 5,25,000
Additional Information:
(i) Machinery (original cost 350,000; accumulated depreciation 26,000) soldfor 10,000.
(ii) Depreciation on Machinery charged during the year 20,000.
(iii) Dividend paid during the year @ 10% on Equity Share Capital.
​

Answer 1

$\huge \sf \bf {\boxed{\underline {\pink{\underline {✠Aɴʂᴡᴇʀ࿐ :−}}}}}$

0,000

1,52,000

80,000

Current Liabilities :

Accounts Payable

1,39,000

6,000

Outstanding Salaries

Provision for tax

35,000

Total

4,60,000

II. ASSETS

Non Current Assets :

Goodwill

40,000

Machinery

1.50,000

Current Assets :

Short-term Investments

12,000

15,000

Stock

1,80,000

2,15,000

Accounts Receivables

60,000 50,000

Prepaid Expenses

10,000

5,000

Bank

8,000 10.000

Total

4,60,000 5,25,000

Additional Information:

(i) Machinery (original cost 350,000; accumulated depreciation 26,000) soldfor 10,000.

(ii) Depreciation on Machinery charged during the year 20,000.

(iii) Dividend paid during the year @ 10% on Equity Share Capital.

Answer 2

0,000

1,52,000

80,000

Current Liabilities :

Accounts Payable

1,39,000

6,000

Outstanding Salaries

Provision for tax

35,000

Total

4,60,000

II. ASSETS

Non Current Assets :

Goodwill

40,000

Machinery

1.50,000

Current Assets :

Short-term Investments

12,000

15,000

Stock

1,80,000

2,15,000

Accounts Receivables

60,000 50,000

Prepaid Expenses

10,000

5,000

Bank

8,000 10.000

Total

4,60,000 5,25,000

Additional Information:

(i) Machinery (original cost 350,000; accumulated depreciation 26,000) soldfor 10,000.

(ii) Depreciation on Machinery charged during the year 20,000.

(iii) Dividend paid during the year @ 10% on Equity Share Capital.