Prepare a Cash Flow Statement from the following Balance Sheets of Arya Ltd.:
|I Equity and Liabilities:|
|(a) Share Capital||10,00,000||8,00,000|
|(b) Reserves and Surplus||1||6,40,000||5,40,000|
|2. Non-Current Liabilities|
|3. Current Liabilities|
|II Assets :|
|1. Non-Current Assets|
|(a) Property, Plant and equipment and intangible assets:|
|Property, Plant and Equipment||4||7,75,000||4,90,000|
|(b) Non-current Investments||90,000||50,000|
|2. Current Assets|
|(b) Trade Receivables||3,20,000||4,94,000|
|(c) Cash & Cash Equivalents||45,000||33,000|
Notes to Accounts:
|1||Reserves and Surplus|
|Surplus i.e., Balance in the
Statement of Profit and Loss
|Provision for Tax||30,000||28,000|
|Plant and Machinery||7,75,000||4,90,000|
- Tax provided during the year is ₹17,000.
- Depreciation charged on plant and Machinery during the year amounted to ₹1,20,000.
- Non-current Investments costing ₹30,000 were sold for ₹40,000 during the year. Gain on sale of Investments was credited to Capital Reserve.
- Additional Debentures were issued on 31.03.2023.