B
Prepare a Cash Flow Statement on the basis
balance sheet of Mtd as at 31 Mar 2023, 2018
Particulars
1
EQUITY and LIABILITIES
(1) Shareho der's Funds
Share Capital
(b)Reserves and Surplus
(2) Non Current Liabides
Long Term borrowings
(3) Current Liebeties
Trade Payables
5,67.000.000
TOTAL
ASSETS
Non-Current Asses
(e) Fred Asses
Tangible Assets
Non-Current Investments
(2) Current Assets
() Current Investments
(Markeable)
Inventories
Trade Receivables
(i) Cash and Cash Equivas
24 000
Answers
Answer:
From the following Balance Sheet of Kiero Ltd. and the additional information as on 31-3-2018. prepare a Cash Flow Statement:
Kiero Ltd.
Balance Sheet as at 31-3-2018
Particulars Note
No. 31-3-18
(Rs.) 31-3-17
(Rs.)
I. Equity and Liabilities
(1) Shareholders Funds
(a) Share Capital
(b) Reserves and Surplus
(2) Non - Current Liabilities
Long term Borrowings
(3) Current Liabilities
(a) Short term borrowings
(b) Short term Provisions
1
2
3
4
7,90,000
4,60,000
5,00,000
1,15,000
1,18,000
5,80,000
1,20,000
3,00,000
42,000
46,000
Total
19,83,000 10,88,000
II. Assets
(1) Non-Current Assets
Fixed Assets
(i) Tangible Aseets
(ii) Intangible Assets
(2) Current Assets
(a) Current Investments
(b) Trade Recivables
(c) Cash and Cash Equivalents 5
6
9,80,000
2,68,000
1,40,000
4,40,000
1,55,000
6,35,000
1,70,000
70,000
1,50,000
63,000
Total 19,83,000 10,88,000
Notes to Accounts:
Note
No. Particulars 31-3-18
(Rs.) 31-3-17
(Rs.)
1. Reserve and Surplus
Surplus (Balance in statement of Profit & Loss)
General Reserve
3,20,000
1,40,000
60,000
60,000
4,60,000 1,20,000
2. Long-term Borrowing
12% Debentures
5,00,000
3,00,000
5,00,000 3,00,000
3. Short-term Borrowing
Bank Overdraft
1,15,000
42,000
1,15,000 42,000
4. Short-term Provisions
Provision for Tax
1,18,000
46,000
1,18,000 46,000
5. Tangible Assets
Plat and Machinery
Less: Accumulated Depreciation
11,00,000
(1,20,000)
7,50,000
(1,15,000)
9,80,000 6,35,000
6. Intangible Assets
Goodwill
2,68,000
1,70,000
2,68,000 1,70,000
Additional Information:
12% debentures were issued in 1
st