Following was the Balance Sheet of Bajaj Ltd. as on 31st March, 2021:

Bajaj Ltd.
Balance Sheet as on 31t March, 2021
Particulars Note No. 31.03.2021
31.03.2020
I Equity and Liabilities:
Shareholders’ Funds
(a) Share Capital 19,00,000 17,00,000
(b) Reserves and Surplus 1 6,00,000 3,00,000
2. Non-Current Liabilities
12% Long-term Borrowings 5,00,000 4,00,000
3. Current Liabilities
(a) Short-term Borrowings 2 1,70,000 1,75,000
(b) Short-term Provisions 3 2,00,000 1,65,000
Total 33,70,000 27,40,000
II Assets :
1. Non-Current Assets
(a) Fixed Assets
(i) Tangible Assets 4 25,00,000 21,00,000
(ii) Intangible Assets 5 4,00,000 3,00,000
2. Current Assets
(a) Current Investments 1,40,000 1,70,000
(b) Inventories 2,60,000 1,30,000
(c) Cash and Cash Equivalents 70,000 40,000
Total 33,70,000 27,40,000
Notes to Accounts:
Note No. Particulars 31.03.2021
31.03.2020
1 Reserves and Surplus (Surplus i.e., Balance in the Statement of Profit and Loss) 6,00,000 3,00,000
2 Short-term Borrowings
Bank Overdraft 1,70,000 1,75,000
3 Short-term Provisions
Provision for Tax 2,00,000 1,65,000
4 Tangible Assets
Machinery 25,00,000 21,00,000
5 Intangible Assets
Goodwill 4,00,000 3,00,000
Additional Information:

(i) A machine of the book value of 40,000 was sold for 50,000. 

(ii) Depreciation charged on machinery during the year was 2,00,000. 

(iii) 1,00,000, 12% long term borrowings were obtained on 31-3-2021. 

Calculate cash flows from investing and financing activities.

 

Marks-5, CBSE:2021-22/Term-2/Zone-1/Set-1/Q-12

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