Question

Prepare Cash flow statement from the following information:
Balance Sheet
Liabilities
2018-19 2019-20 | Assets
2018-19 2019-20
Amounts Amounts
Amounts Amounts
Creditors
40000 44000 Cash
10000 7000
Mr. A's loan
25000
Debtors
30000 50000
Loan from Bank
40000 50000 Stock
35000 25000
Capital
125000 153000 Machinery
80000 55000
Land
40000 50000
Building
35000 60000
230000 247000
230000 247000
During the year 2019-20, a Machine costing Rs 10000 (Accumulated Depreciation Rs 3000)
was sold for Rs 5000. The provision for depreciation against Machinery in the year 2018-19
and 2019-20 was Rs 25000 and Rs 40000 respectively. Net Profit for the year 2019-20
amounted to Rs 45000.
​

Answer 1

Answer:

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