From the following Balance Sheet of Jay Ltd. as at 31.3.2022, calculate ‘Cash Flows from Operating Activities’:

Jay Ltd.
Balance Sheet as at 31.3.2022
Particulars Note No. 31.03.2022
31.03.2021
I Equity and Liabilities:
Shareholders’ Funds
(a) Share Capital 1 50,00,000 30,00,000
(b) Reserves and Surplus 2 10,00,000 6,00,000
2. Non-Current Liabilities
Long-term Borrowings 3 8,00,000 4,00,000
3. Current Liabilities
(a) Trade Payables 2,00,000 3,00,000
(b) Other Current Liabilities 4 3,00,000 1,00,000
(c) Short-term Provisions 5 1,50,000 1,00,000
Total 74,50,000 45,00,000
II Assets :
1. Non-Current Assets
(a) Fixed Assets
(i) Tangible Assets 6 60,00,000 40,00,000
(ii) Intangible Assets 7 4,00,000 4,00,000
2. Current Assets
(a) Inventories 7,00,000 40,000
(b) Cash and Cash Equivalents 3,50,000 60,000
Total 74,50,000 45,00,000
Note to Accounts :
Note No. Particulars 31.03.2022
31.03.2021
1 Share Capital:
Equity Share Capital 50,00,000 30,00,000
2 Reserves and Surplus:
Surplus i.e., Balance in the Statement of Profit and Loss
10,00,000

6,00,000
3 Long-term Borrowings:
10% Debentures 8,00,000 4,00,000
4 Other Current Liabilities:
Outstanding Rent 3,00,000 1,00,000
5 Short-term Provisions
Provision for Tax 1,50,000 1,00,000
6 Tangible Assets
Land 60,00,000 40,00,000
7 Intangible Assets
Patents 4,00,000 4,00,000
Additional Information:

4,00,000, 10% debentures were issued on 31.03.2022.

Marks-5, CBSE:2021-22/Term-2/Zone-3/Set-1/Q-12

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