Cash Flow Statement 87

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: … Read more

Cash Flow Statement 84

From the following Balance Sheet of Axe Ltd. as at 31st March, 2018, prepare a Cash Flow Statement: Axe Ltd. Balance Sheet as at 31.3.2018 Particulars Note No. 31.3.2018 (₹) 31.3.2017 (₹) I. EQUITY AND LIABILITIES: 1. Shareholder’s Fund: a. Share Capital 6,30,000 5,60,000 b. Reserve and Surplus 1 3,80,000 1,82,000 2. Current Liabilities: a. … Read more

Cash Flow Statement 82

From the following Balance Sheet of Mayur Ltd. and the additional information as at 31st March, 2018, prepare a Cash Flow Statement: Mayur Ltd. Balance Sheet as at 31st March, 2018 Particulars Note No. 31.3.2018 (₹) 31.3.2017 (₹) I. EQUITY AND LIABILITIES: 1. Shareholder’s Fund: a. Share Capital 30,00,000 20,00,000 b. Reserve and Surplus 1 … Read more

Cash Flow Statement 79

Following is the Balance Sheet of X Ltd. as at 31st March, 2018: X Ltd. Balance Sheet as at 31st March, 2018 Particulars Note No. 31.3.2018 (₹) 31.3.2017 (₹) I. EQUITY AND LIABILITIES: 1. Shareholder’s Fund: a. Share Capital 19,00,000 17,00,000 b. Reserve and Surplus 1 6,00,000 3,00,000 2. Non-Current Liabilities: Long Term Borrowing 2 … Read more

Cash Flow Statement 75

There was ‘Nil’ net cash flow from operating activities of Ashok Ltd. during the year ending 31st March, 2019. From the following Balance Sheet of Ashok Ltd. as at 31st March, 2019, prepare a Cash Flow Statement: Ashok Ltd. Balance Sheet as at 31st March, 2019 Particulars Note No. 31.3.2019 (₹) 31.3.2018 (₹) I. EQUITY … Read more

Cash Flow Statement 77

Cash flow from operating activities of Starline Ltd. for the year ended 31.03.2019 was Rs. 18,000. The Balance Sheet along with notes to accounts of Starline Ltd. as at 31-03-19 is given below: Starline limited Balance Sheet as at 31st March, 2019 Particulars Note no. 31.3.2019 (₹) 31.3.2018 (₹) I – Equity and Liabilities : … Read more

Cash Flow Statement 76

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 : … Read more

Cash Flow Statement 74

Cash flow from the operating activities of Pinnacle Ltd. for the year ended 31st March, 2019 was Rs. 28,000. The Balance Sheet along with notes to accounts of Pinnacle Ltd. as at 31st March, 2019 is given below: Pinnacle Ltd. Balance Sheet as at 31st March, 2019 Particulars Note No. 31.3.2019 (₹) 31.3.2018 (₹) I. … Read more

Cash Flow Statement 73

(i) From the following information of Nova Ltd., calculate the cash flow from investing activities: Particulars Note No. 31.3.2019 (₹) 31.3.2018 (₹) Machinery (At cost) 5,00,000 3,00,000 Accumulated Depreciation on machinery 1,00,000 80,000 Goodwill 1,50,000 1,00,000 Land 70,000 1,00,000 Additional Information: During the year, a machine costing Rs.  50,000 on which the accumulated depreciation was … Read more

Cash Flow Statement 92

Following is the Balance Sheets of Akash Ltd. as at 31-3-2014. Akash Ltd. Balance Sheet Particulars Note No. 31.3.2014 (₹) 31.3.2013 (₹) I. EQUITY AND LIABILITIES: 1. Shareholder’s Fund: a. Share Capital 15,00,000 14,00,000 b. Reserve and Surplus 1 2,50,000 1,10,000 2. Non-Current Liabilities: Long Term Borrowing 2,00,000 1,25,000 3. Current Liabilities: Short Term Borrowings … Read more