Calculate Cash Flows from Operating Activities for the year ended 31st March, 2021 from the following Balance Sheet of Raman Ltd. as at 31st March, 2021: Balance Sheet of Raman Ltd. as at 31st March, 2021 Particulars Note No. 31.03.2021 ₹ 31.03.2020 ₹ I Equity and Liabilities: Shareholders’ Funds (a) Share Capital 7,50,000 7,00,000 (b) … Read more
On the basis of information given by Aradhana Ltd., prepare Cash Flow Statement for the year ending 31st March, 2021: Aradhana Ltd. Balance Sheet as on 31st March, 2021 Particulars Note No. 31st March, 2020 31st March, 2021 I. Equity and Liabilities 1. Shareholder’s Funds (a) Share Capital (b) Reserves and Surplus 2. Non-current Liabilities … Read more
Read the following hypothetical text and answer the given questions on the basis of the same: Aashna, an alumnus of CBSE School, initiated her start up Smartpay, in 2015. Smartpay is a service platform that processes payments via UPI and POS, and provides credit or loans to their clients. During the year 2021-22, Smartpay issued … Read more
Following was the Balance Sheet of Bajaj Ltd. as on 31st March, 2021: Bajaj Ltd. Balance Sheet as on 31t March, 2021 Particulars Note No. 31.03.2021 ₹ 31.03.2020 ₹ I Equity and Liabilities: Shareholders’ Funds (a) Share Capital 19,00,000 17,00,000 (b) Reserves and Surplus 1 6,00,000 3,00,000 2. Non-Current Liabilities 12% Long-term Borrowings 5,00,000 4,00,000 … Read more
1) From the following information, calculate cash flow from Investing Activities: Particulars 31.3.2020 ₹ 31.03.2019 ₹ Plant and Machinery 3,00,000 2,00,000 Goodwill 1,20,000 40,000 Additional Information: A machine costing ₹50,000 (depreciation provided thereon ₹15,000) was sold for ₹40,000. Depreciation charged during the year was ₹50,000. Show your working notes clearly. 2) From the following information, … Read more
Prepare a Cash Flow Statement from the following Balance Sheets of Arya Ltd.: Particulars Note No. 31.03.2023 ₹ 31.03.2022 ₹ I Equity and Liabilities: Shareholders’ Funds (a) Share Capital 10,00,000 8,00,000 (b) Reserves and Surplus 1 6,40,000 5,40,000 2. Non-Current Liabilities Long-term Borrowings 2 1,50,000 1,00,000 3. Current Liabilities Trade Payables 30,000 12,000 Short-term Provisions … Read more
Read the following hypothetical text and answer the questions given below on the basis of the same: Aditi, initiated her start-up Fizz Ltd.’ in 2019. Fizz Ltd.’ is an organic juice extracting unit. Its profits are increasing year-after-year because of the increasing awareness towards health. Following information has been extracted from the Balance Sheet of … Read more
Read the following hypothetical text and answer the given question on this basis: Madhav is a young entrepreneur. On 1st April, 2019, he formed a partnership firm with two of his friends, Mohan and Sohan. They started their business of exporting dry fruits. Their business was a successful business. Now they wanted to expand the … Read more
Read the following hypothetical text and answer the given question on this basis: Azad, inspired by Make-in-India mission initiated his start-up in the form of a company Azad Ltd along with six other promoters in 2016. The company has been earning good revenue consistently. The financial position of Azad Ltd. as at 31st March, 2022 … Read more
Read the following hypothetical text and answer the given question on the basis of the same. Sujata started a small enterprise under the “Skill India Scheme’, As the business grew, the revenue started increasing and she decided to form ‘Sujata Ltd.’ to achieve her objectives with 10 other like-minded persons. The financial position of the … Read more