The following is the Balance Sheet of R.M. Ltd. as at 31st March, 2017. Prepare a Cash Flow Statement:

R.M. Ltd.

Balance Sheet as at 31st March, 2017

Particulars Note No. 31.3.2017
(₹)
31.3.2016
(₹)
I. EQUITY AND LIABILITIES:
1. Shareholder’s Fund:
a. Share Capital 15,00,000 10,00,000
b. Reserve and Surplus 7,50,000 6,00,000
2. Non-Current Liabilities:
Long Term Borrowing 1 1,00,000 2,00,000
3. Current Liabilities:
a. Trade Payables 1,00,000 1,10,000
b. Short term Provisions 2 95,000 80,000
TOTAL 24,45,000 19,90,000
II. ASSETS :
1. Non Current Assets:
a. Fixed Assets:
i. Tangible Assets 3 10,10,000 9,00,000
ii. Intangible Assets 4 2,80,000 2,00,000
b. Non-current Investments 5,00,000 -
2. Current Assets:
a. Inventory 1,80,000 1,00,000
b. Trade Receivable 2,00,000 1,50,000
c. Cash and Cash Equivalents 5 3,75,000 6,40,000
TOTAL 25,45,000 25,45,000

Notes to Accounts

Note Number Particulars 31.3.2018
(₹)
31.3.2017
(₹)
1 Long Term Borrowings
9% Debentures 1,00,000 2,00,000
2 Short-term Provisions
Provision for Tax 95,000 80,000
3 Tangible Assets:
Plant and Machinery 12,10,000 11,40,000
Accumulated depreciation (2,00,000) (2,40,000)
10,10,000 9,00,000
4 Intangible Assets:
Goodwill 2,80,000 2,00,000
5 Cash and Cash Equivalents:
Cash in hand 70,000 3,50,000
Bank Balance 3,05,000 2,90,000
3,75,000 6,40,000

Additional Information:

(i) During the year, a machine costing Rs.  80,000 on which accumulated depreciation was Rs.  50,000 was sold for Rs.  30,000.

(ii) 9% Debentures were released on 31st March, 2017. and its rate using formulas in MS Excel.

Marks-6, CBSE:2018-19/Main/04/Q-23

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