Following is the balance sheet of Vinod Ltd., as on 31st March 2018
Answers
Answer:
Explanation:
CASH FLOW STATEMENT
Net loss (27000)
Transfer to general reserve 100000
depreciation 100000
Loss on sale of machinery 20000
Operating profit before w.c change (50000)
Trade payable investment 40000
outstanding exp 10000
Trade receivable increases (40000)
Inventory increases (50000)
cash flow from operating activities 120000
INVESTING ACTIVITIES
Sale of fixes assets 20000
Purchase of fixed assets ( 34000)
sale of Non current investment 60000
cash flow from Investment Activities 260000
FINANCING ACTIVITIES
Proceed from equity shares 20000
Proceed from debentures 20000
Cash flow from financial activity 40000
Cash flow from all the above activity 20000
Opening balance of cash & cash equivalent 20000
Closing balance Of cash & cash equivalent 40000