From the following balance Sheet of Axe Ltd. as at 3lst March, 2019, prepare a Cash Flow Statement:
Ae Ltd.
Balance Sheet as at 31.3.2019
Note No.
1
Se. No.
1.
Particulars
-Equity and Liabilities: Shareholder's Funds
(a) Share Capital (bj Reserves and Surplus
Current Liabilities: (a) Trade Payables
(b) Other Current Liabilities
Total
-Assets: Non Current Assets:
(a) Fixed Assets :
0) Tangible Assets Current Assets
(a) Inventories bl Trade Receivables
( Cash and Cash Equivalents Total
Notes to Accounts: Note Particulars
NO
1
Reserves and Surplus
Balance in the Statement of
Profit and Loss General Reserve
: Tangible Assets t
Machinery Cost Accumulated Depreciation
Additional Information :
2
Amounts: as at 311.2019
6,30,000 1,80.000
14,000 12,12.000
3,92,000
1.26.000 6,30,000
84,000 12,12.000
Amount(Rs
as at 31.3.2019
1.80,000 1,80,000
4,50.000
(58.000) 3,92,000
Amount) sat 31.3.2018
5,60.000 1,12.000
L2,000
28,000 9,52.000
280,000
1,82.000 4,20,000
70,000 9.52.000
Amount(Rs
as at 31.1.2018
82,000 1,82,000
3,60,000
(80.0001 2,80.000
An old machinery costing 42.000, on which accumulated depreciation was Rs. 28,000 was sold (6)
Rs.56,000.
for
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Explanation:
Cash Flow Statement of Axe Ltd.
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Answer:
- A cash flow statement, also known as a statement of cash flows, is a financial statement used in financial accounting that breaks down the analysis into operating, investing, and financing activities.
- It illustrates how changes in balance sheet accounts and income affect cash and cash equivalents.
The answer is present in the form of an image below
Reason: The cash flow statement is linked below with all the required accounts i.e. operating, investing, and financing section.
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