Question

From the following Balance sheet of M Ltd. Prepare Cash flow statement: [6]
Particulars Note 31.03.2019 31.03.2018
Share Capital 6,00,000 4,00,000
Reserves & Surplus 4,00,000 3,20,000
Bank Loan 1,60,000 2,00,000
Creditors 2,40,000 2,80,000
Provision for Tax 1,40,000 1,20,000
Total 15,40,000 13,20,000
ASSETS
Fixed Assets 1 10,00,000 6,40,000
Inventories 4,20,000 4,60,000
Current Investments 60,000 40,000
Cash & Cash equivalent 60,000 1,80,000
TOTAL 15,40,000 13,20,000
NOTES
Fixed Assets 12,00,000 8,00,000
-Accumulated depreciation (2,00,000) (1,60,000)
10,00,000 6,40,000
Additional information
1) Machinery costing 1,60,000 on which accumulated depreciation was 1,00,000 was sold for 40,000
2) Interim dividend paid during the year amounted to 6,000

Answer 1

Answer:

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Answer 2

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