The following is the Balance Sheet of R.M. Ltd. as at 31st March, 2017. Prepare a Cash Flow Statement:
R.M. Ltd.
Balance Sheet as at 31st March, 2017
| Particulars | Note No. | 31.3.2017 (₹) |
31.3.2016 (₹) |
|---|---|---|---|
| I. EQUITY AND LIABILITIES: | |||
| 1. Shareholder’s Fund: | |||
| a. Share Capital | 15,00,000 | 10,00,000 | |
| b. Reserve and Surplus | 7,50,000 | 6,00,000 | |
| 2. Non-Current Liabilities: | |||
| Long Term Borrowing | 1 | 1,00,000 | 2,00,000 |
| 3. Current Liabilities: | |||
| a. Trade Payables | 1,00,000 | 1,10,000 | |
| b. Short term Provisions | 2 | 95,000 | 80,000 |
| TOTAL | 24,45,000 | 19,90,000 | |
| II. ASSETS : | |||
| 1. Non Current Assets: | |||
| a. Fixed Assets: | |||
| i. Tangible Assets | 3 | 10,10,000 | 9,00,000 |
| ii. Intangible Assets | 4 | 2,80,000 | 2,00,000 |
| b. Non-current Investments | 5,00,000 | - | |
| 2. Current Assets: | |||
| a. Inventory | 1,80,000 | 1,00,000 | |
| b. Trade Receivable | 2,00,000 | 1,50,000 | |
| c. Cash and Cash Equivalents | 5 | 3,75,000 | 6,40,000 |
| TOTAL | 25,45,000 | 25,45,000 |
Notes to Accounts
| Note Number | Particulars | 31.3.2018 (₹) |
31.3.2017 (₹) |
|---|---|---|---|
| 1 | Long Term Borrowings | ||
| 9% Debentures | 1,00,000 | 2,00,000 | |
| 2 | Short-term Provisions | ||
| Provision for Tax | 95,000 | 80,000 | |
| 3 | Tangible Assets: | ||
| Plant and Machinery | 12,10,000 | 11,40,000 | |
| Accumulated depreciation | (2,00,000) | (2,40,000) | |
| 10,10,000 | 9,00,000 | ||
| 4 | Intangible Assets: | ||
| Goodwill | 2,80,000 | 2,00,000 | |
| 5 | Cash and Cash Equivalents: | ||
| Cash in hand | 70,000 | 3,50,000 | |
| Bank Balance | 3,05,000 | 2,90,000 | |
| 3,75,000 | 6,40,000 |
Additional Information:
(i) During the year, a machine costing Rs. 80,000 on which accumulated depreciation was Rs. 50,000 was sold for Rs. 30,000.
(ii) 9% Debentures were released on 31st March, 2017. and its rate using formulas in MS Excel.
Marks-6, CBSE:2018-19/Main/04/Q-23