Prepare Cash Flow Statement on the basis of information given in the Balance Sheets of Relga Ltd. as at 31st March, 2019 and 31st March, 2020:
|Particulars||Note No.||31st March, 2019||31st March, 2020|
|I||Equity and Liabilities|
|Reserves and Surplus||1||50,000||70,000|
|Other Current Liabilities||4||25,000||20,000|
|Long-term Loans and Advances||1,00,000||1,30,000|
|Cash and Cash Equivalents||65,000||98,000|
|Note No.||Particulars||31st March, 2019||31st March, 2020|
|1.||Reserves and Surplus|
|4.||Other Current Liabilities|
|5.||Tangible Fixed Assets|
|Less: Provision for Depreciation||(50,000)||(60,000)|
|6.||Intangible Fixed Assets|
- During the year a piece of machinery with a book value of ₹30,000; provision for depreciation on it ₹ 10,000 was sold at a loss of 50% on book value.
- Debentures were redeemed on 31st March 2020.