Question

50. Following is the Balance Sheets of Dhara Ltd. as at 31st March, 2016 and 2017: Particulars Note. 31st March, 31st March, No. 2017 3 2016 3) I. EQUITY AND LIABILITIES 1. Shareholders' Funds (a) Share Capital 30,00.000 28,00,000 (b) Reserves and Surplus 1 5,00,000 2,20,000 2. Non-current Liabilities (a) Long-term Borrowings 4,00.000 2,50,000 3. Current Liabilities (a) Short-term borrowings 24,000 20.000 (b) Trade Payables 30,000 1.66,000 (c) Short-term provisions 3 36,000 22,000 Total 39,90,000 34,78,000 2. II. ASSETS 4 37,20,000 1,00,000 5 32 20,000 60,000 1. Non-current Assets (a) Fixed Assets (0) Tangible assets (i) Intangible assets 2. Current Assets (a) Current Investments (b) Inventories (c) Trade Receivables (d) Cash and Cash Equivalents Total 16,000 74,000 52,000 28,000 39,90,000 10,000 1.18,000 46,000 24,000 34,78,000 - on tal Statements 150 Notes to Accounts: 31st March, | 31st March, 2017 (3) Particulars 201603 1. Reserves and Surplus Surplus, ie, Balance in Statement of Profit and Loss 5,00,000 2.20 000 2. Short-term Borrowings Bank Overdraft 24,000 20.000 3. Short term Povisions Provision for Tax 36,000 22.000 4. Tangible Assets Machinery Accumulated Depreciation 40,00.000 (2.80,000) 37,20,000 34,00 000 1.80000 32.20 000 5. Intangible Assets Patents 1,00 000 20 000 Additional Information: (1) Tax paid during the year amounted to 32,000. (1) Machine with a net book value of +20,000 (Accumulated Depreciation 80.000) was sold for 4,000 Prepare Cash Flow Statement.​

Answer 1

Answer:

Refer the above attachment :)