Question

800
61. The balance sheets of Virendra Paper Ltd. as at 31st March, 2017 and 2016 are given below
Particulars
Note No.
31st March
2017 )
31st March
2016)
7,20,000
6,00,000
L
0 B
B
0
4,80,000
3,75,000
2,70,000
4,60,000
F
0
I. EQUITY AND LIABILITIES
1. Shareholder's Funds
(a) Share Capital
(6) Reserves and Surplus : Surplus, i.e.,
Balance in Statement of Profit and Loss
2. Non-Current Liabilities
Long-term Borrowings : 10% Debentures
3. Current Liabilities
Trade Payables
Total
II. ASSETS
1. Non-current Assets
Fixed Assets : Tangible
2. Current Assets
(a) Inventories
(b) Trade Receivables
(c) Cash and Cash Equivalente
Total
1,20,000
15,90,000
90,000
15,16,000
te
1
7,50,000
7,20,000
3,60,000
9,00,000
1,80,000
15,90,000
4,20,000
2,25,000
1,60,000
18.16.000
Yotes to Accounts:
Particulars
31st March,
2017 )
31st March
2018 (
se
1. Fixed Assets (Tangible)
Land
A
2,40,000
3,00.000
ht
rrent
Equiv
Plant and Machinery
Le88 : Accumulated Depreciation
31st March,
2017 ()
7,60,000
(2.40,000)
5,10,000
318t March,
2016 (
6,00,000
(1.80,000)
4,20,000
O
6.10,000
7,60,000
4.2009
7802
IR​

Answer 1

Cash Flow Statement

Explanation:

Cash Flow Statement is a statement that shows the cash flow i.e., inflow and outflow of cash and Cash Equivalents during the accounting period from operating, investing and financial activities.

Cash Flow Statement is prepared according to the Accounting Standard - 3 (Revised), Cash Flow Statement. The accounting standard prescribes that Cash Flow Statement be prepared either by:

• Direct Method or,
• Indirect Method

Showing cash flow under 3 heads, namely:

• Cash Flow from Operating Activities

• Cash Flow from Investing Activities

• Cash Flow from Financing Activities