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 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
(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
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
Following is the Balance Sheet of R.S. Ltd as at 31st March, 2016 : R.S. Ltd. Balance Sheet as at 31-3-2016 Particulars Note No. 31.3.2016(₹) 31.3.2015(₹) I. EQUITY AND LIABILITIES: 1. Shareholder’s Fund: a. Share Capital 9,00,000 7,00,000 b. Reserve and Surplus 1 2,50,000 1,00,000 2. Non-Current Liabilities: Long Term Borrowing 2 4,50,000 3,50,000 3. … Read more
Calculate Cash Flows from Investing Activities from the following information: Particulars Note No. 31.3.2015(₹) 31.3.2014(₹) Investments in shares of Miko Ltd. 18,00,000 8,00,000 12% Long Term Investments 1,50,000 5,00,000 Plant and Machinery 6,00,000 4,00,000 Goodwill 1,20,000 40,000 Additional information: (i) 9% dividend was received from Miko Ltd. (ii) A machine costing Rs. 50,000 (depreciation provided … Read more
Calculate Cash Flows from Investing Activities from the following information: Particulars Note No. 31.3.2015 (₹) 31.3.2014 (₹) Investments in Land 16,00,000 6,00,000 10% Long Term Investments 2,50,000 4,00,000 Plant and Machinery 3,00,000 2,00,000 Goodwill 80,000 15,000 Additional Information: A machine costing Rs. 40,000 (depreciation provided thereon Rs. 12,000) was sold for Rs. 35,000. Depreciation charged … Read more
From the following Balance Sheet of Ajanta Limited as on March 31, 2017, prepare a Cash Flow Statement: Particulars Note No. 31.3.2017 (₹) 31.3.2016 (₹) I. EQUITY AND LIABILITIES: 1. Shareholder’s Fund: a. Share Capital 10,00,000 10,00,000 b. Reserve and Surplus 1 2,40,000 1,20,000 2. Non-Current Liabilities: Long Term Borrowing – 9% Debentures 3,20,000 2,40,000 … Read more
Following is the Balance Sheet of Mevanca Limited as at 31st March, 2017 Mevanca Ltd. Balance Sheet as at 31st March, 2017 Particulars Note No. 31.3.2017 (₹) 31.3.2016 (₹) I. EQUITY AND LIABILITIES: 1. Shareholder’s Fund: a. Share Capital 3,00,000 1,00,000 b. Reserve and Surplus 1 25,000 1,20,000 2. Non-Current Liabilities: Long Term Borrowing 2 … Read more
From the following Balance Sheets of Vishva Ltd., prepare Cash Flow Statement as per AS-3 (revised) for the year ending 31st March, 2018 Particulars Note No. 31.3.2018 (₹) 31.3.2017 (₹) I. EQUITY AND LIABILITIES: 1. Shareholder’s Fund: a. Share Capital 1,02,000 84,000 b. Reserve and Surplus 1 36,000 22,560 2. Non-Current Liabilities: Long Term Borrowing … Read more