From the following Balance Sheet of Gopal Ltd. and the additional information as at 31st March, 2019, prepare a Cash Flow statement when cash flows from financing activities is Rs. 2,32,000.
Gopal Ltd.
Balance Sheet as at 31-3-2019
| Particulars | Note no. | 31.3.2019 (₹) |
31.3.2018 (₹) |
|---|---|---|---|
| I – Equity and Liabilities : | |||
| 1. Shareholders Funds : | |||
| (a) Share Capital | 10,00,000 | 8,00,000 | |
| (b) Reserves and Surplus | 1 | 4,00,000 | (1,00,000) |
| 2. Non-Current Liabilities : | |||
| Long-term Borrowings | 2 | 9,00,000 | 9,00,000 |
| 3. Current Liabilities : | |||
| (a) Short term Borrowings | 3 | 2,40,000 | 1,00,000 |
| (b) Short term Provisions | 4 | 2,00,000 | 1,75,000 |
| Total | 27,40,000 | 18,75,000 | |
| II – Assets : | |||
| 1. Non-Current Assets : | |||
| (a) Fixed Assets : | |||
| Tangible Assets | 5 | 20,00,000 | 14,42,000 |
| (ii) Intangible Assets | 6 | 46,000 | 58,000 |
| (b) Non-current Investments | 1,00,000 | 45,000 | |
| 2. Current Assets : | |||
| (a) Current Investments | 2,00,000 | 1,20,000 | |
| (a) Inventories | 7 | 2,14,000 | 90,000 |
| (b) Cash and Cash Equivalents | 1,80,000 | 1,20,000 | |
| Total | 27,40,000 | 18,75,000 |
Notes to Accounts
| Note Number | Particulars | 31.3.2019 (₹) |
31.3.2018 (₹) |
|---|---|---|---|
| 1 | Reserves and Surplus | ||
| Surplus (Balance in Statement of Profit & Loss) | 4,00,000 | (1,00,000) | |
| 2 | Long-term Borrowings : | ||
| 12% Debentures | 9,00,000 | 9,00,000 | |
| 3 | Short Term Borrowings: | ||
| Bank Overdraft | 2,40,000 | 1,00,000 | |
| 4 | Short Term Provisions: | ||
| Provision for Tax | 2,00,000 | 1,75,000 | |
| 5 | Tangible Assets: | ||
| Machinery | 24,00,000 | 16,42,000 | |
| Less: Accumulated depreciation | (4,00,000) | (2,00,000) | |
| Total | 20,00,000 | 14,42,000 | |
| 6 | Intangible Assets : | ||
| Goodwill | 46,000 | 58,000 | |
| 7 | Inventories | ||
| Stock in trade | 2,14,000 | 90,000 |
Additional Information :
Tax Rs. 1,50,000 was paid during the year.Â
Marks-6, CBSE:2019-20/Main/04/Q-32
