Question

Garged during
36. From the following information calculate Cash Flow from Operating Activities and investings
31st March, 2019 10 31st Mac
Surplusie Balance in Statement of Profit and Loss
Trade Payables
0 000
Current Assets (Trade Receivables and inventones
11.50.000 30
Fixed Assets (Tangible)
21.25 000
Accumulated Depreciation
10.62.500
Additional information:
1. A machine having book value of 1,00.000 (Depreciation provided thereon 1,62.500
at a loss of 20.000.
2 Tax paid during the year 75,000​

Answer 1

53. On 1.1.20 X Ltd. purchased fixed assets worth 2,50,000 for a consideration of * 2,30,000 payable by the

issue of 20,000 fully paid equity shares of 10 each at a premium of 15%. After 6 months X Ltd. sold the

above fixed assets for * 3,20,000.