From the following Balance Sheet of Nishant Ltd. as at 31st March, 2023, calculate ‘Cash Flows from Operating Activities’:
Balance Sheet of Nishant Ltd. as at 31st March, 2023
| Particulars | Note No. | 31.3.2023 Rs. | 31.3.2022 Rs. |
|---|---|---|---|
| I - Equity and Liabilities: 1. Shareholders' Funds (a) Share Capital (b) Reserves and Surplus 2. Non-Current Liabilities (a) Long-term Borrowings 3. Current Liabilities (a) Trade Payables (b) Short-term Provisions |
1 2 3 |
6,00,000 1,50,000 1,20,000 89,500 25,000 |
5,50,000 1,00,000 85,000 1,02,000 38,500 |
| Total | 9,84,500 | 8,75,500 | |
| II - Assets: 1. Non-Current Assets (a) Fixed Assets/Property, Plant and Equipment and Intangible Assets (i) Tangible Assets/Property, Plant and Equipment (ii) Intangible Assets |
4 5 |
5,35,000 20,000 |
4,25,000 56,000 |
| 2. Current Assets (a) Current Investments (b) Inventories (c) Trade Receivables (d) Cash and cash equivalents |
1,20,000 64,500 85,000 1,60,000 |
75,000 60,500 71,500 1,87,500 |
|---|---|---|
| Total | 9,84,500 | 8,75,500 |
Note to Accounts :
| Note No. | Particulars | 31.3.2023 Rs. | 31.3.2022 Rs. |
|---|---|---|---|
| 1. |
Reserves and Surplus Surplus i.e. Balance in Statement of Profit and Loss |
1,50,000 |
1,00,000 |
| 1,50,000 | 1,00,000 | ||
| 2. | Long- term Borrowings 10% Debentures |
1,20,000 |
85,000 |
| 1,20,000 | 85,000 |
Additional Information:
Additional Information:
- A piece of machinery costing Rs. 12,000 on which accumulated depreciation was Rs. 8,000 was sold for Rs. 3,000.
- Interest paid on 10% Debentures amounted to Rs. 8,500.
Marks-6, CBSE: 2023-24/Zone-2/Set-1/Q-34
Answer :
