From the following Balance Sheet of JY Ltd. as at 31st March 2017, prepare a Cash Flow Statement:

Balance Sheet of JY Ltd. as at 31.3.2017

Particulars Note No. 31.3.2017
(₹)
31.3.2016
(₹)
I. EQUITY AND LIABILITIES:
1. Shareholder’s Fund:
a. Share Capital 5,00,000 5,00,000
b. Reserve and Surplus 1 1,00,000 (25,000)
2. Non-Current Liabilities:
Long Term Borrowing 2 2,50,000 1,50,000
3. Current Liabilities:
a. Short term Borrowings 3 1,50,000 1,00,000
b. Short term Provisions 4 2,00,000 1,25,000
TOTAL 12,00,000 8,50,000
II. ASSETS :
1. Non-Current Assets:
a. Fixed Assets:
i. Tangible Assets 5 6,00,000 4,50,000
b. Non-current Investments
2. Current Assets:
a. Trade Receivable 2,75,000 2,25,000
b. Cash and Cash Equivalents 1,25,000 75,000
c. Short term Loans and Advances 2,00,000 1,00,000
TOTAL 12,00,000 8,50,000

Notes to Accounts

Note Number Particulars 31.3.2017
(₹)
31.3.2016
(₹)
1 Reserves and Surplus
Surplus (Balance in Statement of Profit & Loss) 1,00,000 (25,000)
2 Long Term Borrowings
10% Debentures 2,50,000 1,50,000
3 Short-term Borrowings
Bank Overdraft 1,50,000 1,00,000
4 Short-term Provisions
Provision for Expenses 75,000 50,000
Provision for Tax 1,25,000 75,000
2,00,000 1,25,000
5 Tangible Assets:
Machinery 7,37,500 5,25,000
Accumulated depreciation (1,37,500) (75,000)
6,00,000 4,50,000

Additional Information:

Rs.  1,00,000, 10% debentures were issued on 31.3.2017.

Marks-6, CBSE:2017-18/Main/Q-23

error: Content is protected !!