(i) From the following information of Nova Ltd., calculate the cash flow from investing activities:

Particulars Note No. 31.3.2019
(₹)
31.3.2018
(₹)
Machinery (At cost) 5,00,000 3,00,000
Accumulated Depreciation on machinery 1,00,000 80,000
Goodwill 1,50,000 1,00,000
Land 70,000 1,00,000

Additional Information:

During the year, a machine costing Rs.  50,000 on which the accumulated depreciation was Rs.  35,000, was sold for Rs.  12,000.

(ii) The profit of Jova Ltd. for the year ended 31st March, 2019 after appropriation was Rs.  2,50,000.

Additional Information:

S.No. ParticularsAmount Rs.
1. Depreciation of Machinery20,000
2. Goodwill written off9,000
3. Loss on sale of Furniture2,000
4. Transfer to General Reserve22,500

The following was the position of its Current Assets and Current Liabilities as at 31st March, 2018 and 2019.

Particulars Note No. 31.3.2018
(₹)
31.3.2019
(₹)
Income Received in Advance 8,000
Inventory 12,000 8,000

Calculate the Cash flow from operating activities. 

Marks-6, CBSE:2019-20/Main/01/Q-32

Attention Students!!!


banner for app

 

 

 

This will close in 0 seconds

error: Content is protected !!