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
Shareholder’s Funds
Share Capital 2,00,000 2,50,000
Reserves and Surplus 1 50,000 70,000
Non-current Liabilities
Long-term Borrowings 2 1,00,000 80,000
Current Liabilities
Trade Payables 3 60,000 1,60,000
Other Current Liabilities 4 25,000 20,000
Total 4,35,000 5,80,000
II Assets
Non-Current Assets
Fixed Assets
Tangible Assets 5 1,50,000 2,00,000
Intangible Assets 6 10,000 2,000
Long-term Loans and Advances 1,00,000 1,30,000
Current Assets
Inventories 70,000 90,000
Trade Receivables 40,000 60,000
Cash and Cash Equivalents 65,000 98,000
Total 4,35,000 5,80,000
Note No. Particulars 31st March, 2019 31st March, 2020
1. Reserves and Surplus
General Reserve 50,000 70,000
2. Long-term Borrowings
12% Debentures 1,00,000 80,000
3. Trade Payables
Creditors 40,000 60,000
Bills Payable 20,000 1,00,000
60,000 1,60,000
4. Other Current Liabilities
Outstanding Expenses 25,000 20,000
5. Tangible Fixed Assets
Machinery 2,00,000 2,60,000
Less: Provision for Depreciation (50,000) (60,000)
1,50,000 2,00,000
6. Intangible Fixed Assets
Goodwill 10,000 2,000

Additional Information: 

  1. 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. 
  2. Debentures were redeemed on 31st March 2020. 

Marks-6, CBSE:2020-21/Sample/Q-32

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