Cash flow Statement (Question Bank)

 Cash flow Statement

Which activity are the main revenue-generating activities of the enterprises?

1. Cash flow from operating activities
2. Non Cash transactions
3. Cash flow from investment activities
4. Cash flow from management activities

 

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Which of the following transactions will result into Flow of Cash?

1. Deposited ₹ 10,000 into bank.
2. Withdrew cash from bank ₹ 14,500.
3. Sale of Machinery of the book value of ₹ 74,000 at a loss of 9,000.
4. Converted ₹ 2,00,000,9 % Debentures into equity shares.

1. i and ii
2. ii and iii
3. only iii
4. iv and i

[2015]

 

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Purchase of marketable securities will result in ________.

1. No effect on cash and cash equivalents
2. Increase in cash and cash equivalents
3. Decrease in cash and cash equivalents
4. Increase in Investing activities.

 

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While calculating the cash flow statement from investment activities following items should be added except?

1. Cash paid for purchase of Non-current Investment
2. Cash received from sale of fixed assets
3. Cash received from sale of investments
4. Interest received

 

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Which of the following is not included in Cash and Cash Equivalents?

1. Balance with Banks
2. Bank deposits with 100 days of maturity
3. Cheques and Drafts on hand
4. Cash on hand

1. i and ii
2. only ii
3. iii and iv
4. iv and i

 

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How will you deal increase in the balance of Securities Premium Reserve while preparing a Cash Flow Statement?

1. Cash flow from Financing activities
2. Cash flow from operating activities
3. Cash flow from Investing activities
4. Cash Equivalent

 

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Dividend paid by a Trading company is classified under which kind of activity while preparing cash flow statement

1. Cash flow from Financing activities
2. Cash flow from operating activities
3. Cash flow from Investing activities
4. Cash Equivalent

 

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For purpose of preparing a cash flow statement, which of the following is not considered as a cash equivalent?

1. An investment in Bonds
2. Treasury Bills
3. Marketable securities
4. Commercial paper

 

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An investment normally qualifies as cash-equivalent only when from the date of acquisition it has a short maturity period of:

1. One month or less
2. Three months or less
3. Three months or more
4. One year or less

[2020]

 

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Purchase of building results in

1. outflow of cash
2. inflow of cash
3. no flow of cash
4. both inflow and outflow

 

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The various activities operating, investing and financing classified as per ________ related to cash flow statement.

1. AS - 3 (revised)
2. AS - 4 (revised)
3. AS - 5 (revised)
4. AS - 6 (revised)

 

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Mention the net amount of source of cash when a fixed asset (having a book value of Rs. 15,000) is sold at a loss of Rs. 5,000.

1. 10,000
2. 5,000
3. 20,000
4. 15,000

 

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Short - term highly liquid investments which are readily convertible into a known amount of cash and which are subject to an insignificant risk of change in the value are called ________.

1. Cash Equivalents
2. Cash at Bank
3. Non-current Assets
4. Non-current Investment

 

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Conversions of debentures into equity shares will be ________.

1. No Effect
2. Financing Activity
3. Operating Activity
4. Investing Activity

 

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Cash Flow Statement is also known as

1. 'Statement of Changes in Financial Position on Cash basis' and 'Statement accounting for variation in cash' 
2. Statement of Changes in Financial Position on Cash basis
3. Statement accounting for variation in cash
4. None of these

 

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The decrease in the value of Trade Receivable will be ________.

1. Added in operating activities
2. Deducted in operating activities
3. Added in Investing Activities
4. Deducted in Investing activities

 

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Cash Credit is concerned with ________.

1. Financing Activities
2. Investing Activities
3. Operating Activities
4. Cash and Cash Equivalents

 

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Following are the unamortized expenses except ________.

1. Issue of share capital
2. Discount on issue of debentures
3. Loss on issue of debentures
4. Share issue expenses

 

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Increase in Bank Overdraft balance ________.

1. Add in Financing Activities
2. Less in Financing Activities
3. Add in Operating Activities
4. Less in Operating Activities

 

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Vinod Ltd. is carrying on a paper manufacturing business. In the current year, it purchased machinery for Rs.30,00,000; it paid salaries of Rs. 60,000 to its employees; it required funds for expansion and therefore, issued shares of Rs. 20,00,000. It earned a profit of Rs. 9,00,000 for the current year. Find out cash flows from operating activities.

1. 9,00,000
2. 8,60,000
3. 8,00,000
4. 20,00,000

 

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Which of the following is not considered as Cash Equivalents?

1. Investment
2. Short term deposits in bank
3. Commercial papers
4. Treasury bills

 

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The objectives of Cash Flow Statement are

1. Analysis of cash position 
2. Short-term cash planning
3. Evaluation of liquidity
4. Comparison of Operating Performance

1. A, B, C, D
2. Both A and B
3. Both A and C
4. Both B and D

 

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Calculate Purchase on Investment. The information is Opening balance of Investment - ₹ 2,50,000, closing balance Investment - ₹ 5,00,000, Sale - ₹ 1,37,500, Profit on sale - ₹ 12,500.

1. ₹ 3,75,000
2. ₹ 2,75,000
3. ₹ 3,50,000
4. ₹ 2,50,000

 

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Paid ₹ 4,00,000 to acquire shares in R.V. Ltd. and received a dividend of ₹ 40,000 after the acquisition. These transactions will result in:

1. Cash used in investing activities ₹4,00,000
2. Cash generated from financing activities ₹4,40,000
3. Cash used in investing activities ₹3,60,000
4. Cash generated from financing activities ₹ 3,60,000

[2020]

 

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Operating activities is mainly concerned with ________.

1. Current assets and current liabilities
2. Long term assets
3. Long-term liabilities and stockholders’ equity
4. Share and debentures

 

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Increase in the Computer Software (asset) will be ________.

1. Deducted in Investing activities
2. Deducted in Operating Activities
3. Added in Investing activities
4. Added in Operating Activities

 

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Which of the following transactions will result into flow of cash?

1. Cash withdrawn from bank ₹ 20,000.
2. Issued 20,000, 9% Debentures to the vendor of machinery.
3. Received ₹ 19,000 form debtors.
4. Deposited Cheques of ₹ 10,000 into bank.

1. i and ii
2. ii and iii
3. only iii
4. iv and i

 

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Which of the following is shown as an addition to financing activities?

1. Increase in Bank Overdraft
2. Decrease in Bank Overdraft
3. Redemption of Debentures
4. Redemption of Preference Shares

 

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Purchase and Sales of Shares by a manufacturing company comes under ________.

1. Investing activities
2. Financing Activities
3. Operating Activities
4. Not recorded

 

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General Reserves are the part of ________.

1. Operating Activities
2. Financing Activities
3. Investing Activities
4. Not concerned with any activity

Under which type of activity will you classify the sale of shares of another company while preparing cash flow statement?

1. Investing Activity
2. Financing Activity
3. Operating Activity
4. Investing and Financing

 

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An investment normally qualifies as cash-equivalent only when from the date of acquisition it has a short maturity period of:

1. One month or less
2. Three months or less
3. Three months or more
4. One year or less

[2020]

 

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Operating activities is mainly concerned with ________.

1. Current assets and current liabilities
2. Long term assets
3. Long-term liabilities and stockholders’ equity
4. Share and debentures

 

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Loose tools and Stores and spares are the part of

1. Inventory
2. Cash and Cash Equivalents
3. Current Assets
4. Investment

 

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Purchase and Sales of Shares by a manufacturing company comes under ________.

1. Investing activities
2. Financing Activities
3. Operating Activities
4. Not recorded

 

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Vinod Ltd. is carrying on a paper manufacturing business. In the current year, it purchased machinery for Rs.30,00,000; it paid salaries of Rs. 60,000 to its employees; it required funds for expansion and therefore, issued shares of Rs. 20,00,000. It earned a profit of Rs. 9,00,000 for the current year. Find out cash flows from operating activities.

1. 9,00,000
2. 8,60,000
3. 8,00,000
4. 20,00,000

 

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Increase in the Computer Software (asset) will be ________.

1. Deducted in Investing activities
2. Deducted in Operating Activities
3. Added in Investing activities
4. Added in Operating Activities

 

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Increase in Bank Overdraft balance ________.

1. Add in Financing Activities
2. Less in Financing Activities
3. Add in Operating Activities
4. Less in Operating Activities

 

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Following are the unamortized expenses except ________.

1. Issue of share capital
2. Discount on issue of debentures
3. Loss on issue of debentures
4. Share issue expenses

 

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________ are highly liquid assets that can be converted into cash shortly.

1. Cash Equivalents
2. Inventories
3. Non-current Investments
4. Loose Tools

 

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Purchase of marketable securities will result in ________.

1. No effect on cash and cash equivalents
2. Increase in cash and cash equivalents
3. Decrease in cash and cash equivalents
4. Increase in Investing activities.

 

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In a statement of cash flows (indirect method) a decrease in inventory should be reported as ________.

1. An addition
2. A deduction
3. Not reported
4. In investing activity

 

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A Ltd engaged in the business retailing of Air-Conditioners, invested Rs. 25, 00,000 in the shares of a manufacturing company. Dividend received on this investment will be:

1. Cash flow from Investing activities
2. Cash flow from operating activities
3. Cash flow from Financing activities
4. Cash Equivalent

 

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Cash Credit is concerned with ________.

1. Financing Activities
2. Investing Activities
3. Operating Activities
4. Cash and Cash Equivalents

 

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Dividend paid by a finance company comes under ________.

1. Operating Activities
2. Manufacturing Activity
3. Financing Activity
4. Investing Activities

 

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Which activity are the main revenue-generating activities of the enterprises?

1. Cash flow from operating activities
2. Non Cash transactions
3. Cash flow from investment activities
4. Cash flow from management activities

 

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Conversions of debentures into equity shares will be ________.

1. No Effect
2. Financing Activity
3. Operating Activity
4. Investing Activity

 

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Cash Flow Statement is based upon

1. Cash basis of accounting
2. Accrual basis of accounting
3. Credit basis of accounting
4. None of these

 

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Value of copyrights was Rs.68,000 in the year 31st March 2015 but after one year on 31st March 2016 value of copyrights was Rs.1,00,000. How it will affect the cash flow statement?

1. Less Rs. 32,000 in investing activities
2. Add Rs. 32,000 in investing activities
3. Less Rs.1,00,000 in investing activities
4. Add Rs. 1,00,000 in investing activities

 

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Increase of decrease in the Bank balance is ________.

1. Operating Activity
2. Investing Activity
3. Financing Activity
4. Cash and Cash Equivalents

 

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The various activities operating, investing and financing classified as per ________ related to cash flow statement.

1. AS - 3 (revised)
2. AS - 4 (revised)
3. AS - 5 (revised)
4. AS - 6 (revised)

 

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Which of the following is not included in Cash and Cash Equivalents?

1. Balance with Banks
2. Bank deposits with 100 days of maturity
3. Cheques and Drafts on hand
4. Cash on hand

1. i and ii
2. only ii
3. iii and iv
4. iv and i

 

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Interest on long term borrowings is an ________ relating to financial activities and shown as ________ of cash.

1. Expense, Outflow
2. Expense, Income
3. Income, Inflow
4. Outflow, Income

 

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The objectives of Cash Flow Statement are

1. Analysis of cash position 
2. Short-term cash planning
3. Evaluation of liquidity
4. Comparison of Operating Performance

1. A, B, C, D
2. Both A and B
3. Both A and C
4. Both B and D

 

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Which of the following transaction is untrue regarding the limitations of the cash flow statement?

1. It is not used for judging the profitability of enterprises
2. To help in short-term financial planning
3. To ascertain the net changes in cash and cash equivalents
4. To ascertain the liquidity of enterprises

 

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Short - term highly liquid investments which are readily convertible into a known amount of cash and which are subject to an insignificant risk of change in the value are called ________.

1. Cash Equivalents
2. Cash at Bank
3. Non-current Assets
4. Non-current Investment

 

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Dividend paid by a Trading company is classified under which kind of activity while preparing cash flow statement

1. Cash flow from Financing activities
2. Cash flow from operating activities
3. Cash flow from Investing activities
4. Cash Equivalent

 

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Payment of dividend is classified as ________.

1. Financial activities
2. Operational activities
3. Investment activities
4. Both Operational activities and Investment activities

 

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General Reserves are the part of ________.

1. Operating Activities
2. Financing Activities
3. Investing Activities
4. Not concerned with any activity

 

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For purpose of preparing a cash flow statement, which of the following is not considered as a cash equivalent?

1. An investment in Bonds
2. Treasury Bills
3. Marketable securities
4. Commercial paper

In cash flow statement, the item of interest is shown in

1. Operating Activities
2. Financing Activities 
3. Investing Activities

1. Both B and C
2. Both A and B
3. Both A and C
4. A, B, C

 

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Interest received will be considered as financing activity when ________.

1. Interest received on calls in arrear
2. Interest received on investments
3. Redemption of debentures takes place
4. Bank overdraft is settled

 

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Interest paid on bank overdraft will come in ________.

1. Financing activities
2. Investment activities
3. Both finance and investing activities
4. Less in operating activities

 

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For purpose of preparing a cash flow statement, which of the following is not considered as a cash equivalent?

1. An investment in Bonds
2. Treasury Bills
3. Marketable securities
4. Commercial paper

 

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Which activity are the main revenue-generating activities of the enterprises?

1. Cash flow from operating activities
2. Non Cash transactions
3. Cash flow from investment activities
4. Cash flow from management activities

 

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The decrease in the value of Trade Receivable will be ________.

1. Added in operating activities
2. Deducted in operating activities
3. Added in Investing Activities
4. Deducted in Investing activities

 

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Which of the following is not included in Cash and Cash Equivalents?

1. Balance with Banks
2. Bank deposits with 100 days of maturity
3. Cheques and Drafts on hand
4. Cash on hand

1. i and ii
2. only ii
3. iii and iv
4. iv and i

 

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As per Accounting Standard-3, Cash Flow is classified into

1. Operating activities, financing activities and investing activities
2. Operating activities and investing activities
3. Investing activities and financing activities
4. Operating activities and financing activities

 

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Buy Back of equity shares is concerned with ________ activities.

1. Financing Activities
2. Investing Activities
3. Operating Activities
4. Both Investing Activities and Operating Activities

 

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Increase in Bank Overdraft balance ________.

1. Add in Financing Activities
2. Less in Financing Activities
3. Add in Operating Activities
4. Less in Operating Activities

 

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Conversions of debentures into equity shares will be ________.

1. No Effect
2. Financing Activity
3. Operating Activity
4. Investing Activity

 

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Purchase of marketable securities will result in ________.

1. No effect on cash and cash equivalents
2. Increase in cash and cash equivalents
3. Decrease in cash and cash equivalents
4. Increase in Investing activities.

 

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Payment of dividend is classified as ________.

1. Financial activities
2. Operational activities
3. Investment activities
4. Both Operational activities and Investment activities

 

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Which of the following items will be added in operating activities?

1. Decrease in stock
2. Increase in creditors
3. Increase in debtors
4. Increase in outstanding expenses

1. A, B, D
2. A, B, C, D
3. A, B, C
4. B, C, D

 

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The statement of ________ may be prepared under the direct or indirect method.

1. Cash Flow
2. Fund flow
3. Balance sheet
4. Income statement

 

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Which of the following is shown as an addition to financing activities?

1. Increase in Bank Overdraft
2. Decrease in Bank Overdraft
3. Redemption of Debentures
4. Redemption of Preference Shares

 

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The various activities operating, investing and financing classified as per ________ related to cash flow statement.

1. AS - 3 (revised)
2. AS - 4 (revised)
3. AS - 5 (revised)
4. AS - 6 (revised)

 

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Is payment for the purchase of fixed assets will be classified as an operating activity for both finance and non-finance company?

1. No these are investing activities
2. No these are financing activities
3. Yes these are Operating activities
4. Not to be recorded

 

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Cash Flow Statement is also known as

1. 'Statement of Changes in Financial Position on Cash basis' and 'Statement accounting for variation in cash' 
2. Statement of Changes in Financial Position on Cash basis
3. Statement accounting for variation in cash
4. None of these

 

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Which of the following is not concerned with Financing Activity?

1. Sale of Non-current investment
2. Issue of Equity Shares
3. Increase in Securities Premium
4. Loan taken from bank

 

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While calculating the cash flow statement from investment activities following items should be added except?

1. Cash paid for purchase of Non-current Investment
2. Cash received from sale of fixed assets
3. Cash received from sale of investments
4. Interest received

 

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Purchase of building results in

1. outflow of cash
2. inflow of cash
3. no flow of cash
4. both inflow and outflow

 

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Which of the following transactions will result into flow of cash?

1. Cash withdrawn from bank ₹ 20,000.
2. Issued 20,000, 9% Debentures to the vendor of machinery.
3. Received ₹ 19,000 form debtors.
4. Deposited Cheques of ₹ 10,000 into bank.

1. i and ii
2. ii and iii
3. only iii
4. iv and i

 

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Dividend paid by a Trading company is classified under which kind of activity while preparing cash flow statement

1. Cash flow from Financing activities
2. Cash flow from operating activities
3. Cash flow from Investing activities
4. Cash Equivalent

 

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Purchase and Sales of Shares by a manufacturing company comes under ________.

1. Investing activities
2. Financing Activities
3. Operating Activities
4. Not recorded

 

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Mention the net amount of source of cash when a fixed asset (having a book value of Rs. 15,000) is sold at a loss of Rs. 5,000.

1. 10,000
2. 5,000
3. 20,000
4. 15,000

 

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Increase in the Computer Software (asset) will be ________.

1. Deducted in Investing activities
2. Deducted in Operating Activities
3. Added in Investing activities
4. Added in Operating Activities

 

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Cash Credit is concerned with ________.

1. Financing Activities
2. Investing Activities
3. Operating Activities
4. Cash and Cash Equivalents

 

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What will be the effect of a decrease in Trade receivables on cash Inflow?

1. Add in operating activities
2. Less in operating activities
3. Add in financing activities
4. Less in financing activities

 

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Increase of decrease in the Bank balance is ________.

1. Operating Activity
2. Investing Activity
3. Financing Activity
4. Cash and Cash Equivalent

Cash flow from the operating activities of Pinnacle Ltd. for the year ended 31st March, 2019 was ₹28,000. The Balance Sheet along with notes to accounts of Pinnacle Ltd. as at 31^st March, 2019 is given below:
Pinnacle Ltd. Balance Sheet as at 31st March,

	Particulars	Note No.	31.3.2019 ₹	31.3.2018 ₹
I	Equity and Liabilities:
1	Shareholders Funds:
	(a) Share Capital		9,00,000	5,00,000
	(b) Reserve and Surplus	1	90,000	1,10,000
2	Non-Current Liabilities:
	Long-term Borrowings	2	3,00,000	2,00,000
3	Current Liabilities:
	Trade Payables		60,000	80,000
	Total		13,50,000	8,90,000
II	Assets:
1	Non-Current Assets:
	Fixed Assets:
	(i) Tangible Assets	3	7,46,000	5,24,000
	(ii) Intangible Assets	4	36,000	76,000
2	Current Assets:
	(a) Current Investments		1,30,000	20,000
	(b) Inventories		2,00,000	1,300,000
	(c) Cash and Cash Equivalents		2,28,000	1,40,000
	Total		13,50,000	8,90,000

You are given the following additional information:

1. A machinery of the book value of ₹90,000 (depreciation provided thereon was ₹23,000), was sold at a profit of ₹12,000.
2. 9% debentures were issued on 1^st April, 2018. Prepare the Cash Flow Statement.

Prepare the Cash Flow Statement.

[2020]

 

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Following is the Balance Sheet of RS. Ltd. as at 31st March, 2018:

R, S, Ltd, Balance Sheet as at 31-3-2018

Particulars	Note No.	31-3-2018 ₹	31-3-2017 ₹
I. Equity and Liabilities
(1) Shareholder’s Funds
(a) Share Capital		9,00,000	7,00,000
(b) Reserves and Surplus		2,50,000	1,00,000
(2) Non-current Liabilities
Long-term borrowings (12% Debentures)		4,50,000	3,50,000
(3) Current Liabilities
(a) Short-term borrowings	1	1,50,000	75,000
(b) Trade Payables		2,00,000	1,25,000
TOTAL		19,50,000	13,50,000
II. Assets
(1) Non-current Assets
(a) Fixed Assets
(i) Tangible	2	14,65,000	9,15,000
(ii) Intangible (Goodwill)		1,00,000	1,50,000
(b) Non-current Investments		1,50,000	1,00,000
(2) Current Assets
(a) Current Investments		40,000	70,000
(b) Inventories		1,22,000	72,000
(c) Cash and Bank Balances		73,000	43,000
TOTAL		19,50,000	13,50,000

Notes to Accounts:

Note No.	Particulars	31-3-2018 ₹	31-3-2017 ₹
1.	Short-term borrowings - Bank overdraft	1,50,000	75,000
2.	Tangible Assets
	Machinery	16,75,000	10,55,000
	Accumulated Depreciation	(2,10,000)	(1,40,000)
		14,65,000	9,15,000

Additional Information : 

1.  

Contingent Liability:	31.3.2018 ₹	31.3.2017 ₹
Proposed Dividend	2,00,000	1,25,000

2. ₹ 1,00,000, 12% Debentures were issued on 31-3-2018.
3. During the year a piece of machinery costing ₹ 80,000, on which accumulated depreciation was ₹ 40,000, was sold at a loss of ₹ 10,000.

Prepare a Cash Flow Statement.

 

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Calculate Cash Flow from Operating Activities from the following information:

Particulars	Opening Balances (₹)	Closing Balances (₹)
Surplus, i.e., Balance n Statement of Profit and Loss	30,000	35,000
General Reserve	10,000	15,000
Provision for Depreciation on Plant	30,000	35,000
Outstanding Expenses	5,000	3,000
Goodwill	20,000	10,000
Trade Receivables (Sundry Debtors)	40,000	35,000

An item of plant costing ₹ 20,000 having book value of ₹ 14,000 was sold for ₹ 18,000 during the year.

 

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Following are the Balance Sheets of Sewak Ltd. as at 31.3.2018 and 31.3.2017:

Particulars	Note No.	31 3.2018	31.3.2017
I. EQUITY AND LIABILITIES :
(1) Shareholder’s Funds :
(a) Share Capital		7,00,000	4,00,000
(b) Reserve & Surplus	1	(3,35,000)	(50,000)
(2) Non-Current Liabilities:
(a) Long-term Borrowings	2	4,00,000	2,00,000
(3) Current Liabilities
(a) Short-term Borrowings	3	22,000	30,000
(b) Trade Payables		1,28,000	80,000
(c) Other Current Liabilities	4	20,000	10,000
TOTAL		9,35,000	6,70,000
II. ASSETS:
(1) Non-Current Assets:
(a) Fixed Tangible Assets		5,00,000	3,00,000
(b) Non-Current Investments		1,40,000	2,00,000
(2) Current Assets:
(a) Inventory		1,00,000	50,000
(b) Trade Receivables		1,70,000	1,00,000
(c) Cash & Cash Equivalents		25,000	20,000
TOTAL		9,35,000	6,70,000

Notes:

(1)	Reserve & Surplus:	31.3.2018 (₹)	31.3.2017 (₹)
	Profit & Loss Balance	(3,35,000)	(50,000)
(2)	Long-term Borrowings:
	9% Debentures	4,00,000	2,00,000
(3)	Short-term Borrowings:
	Cash Credit	22,000	30,000
(4)	Other Current Liabilities:
	Outstanding Expenses	20,000	10,000

Additional Information :

1. Included in the fixed assets was a piece of machinery costing ₹ 70,000 on which depreciation charged was ₹ 40,000 and it was sold for ₹ 30,000. During the year ₹ 1,40,000 depreciation was charged on fixed assets.
2. Share Issue Expenses of ₹ 15,000 were incurred and written off from the Statement of Profit & Loss in 2017-18.

You are required to prepare a Cash Flow Statement.

 

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From the following prepare cash flow statement as per AS - 3

Liabilities	2010	2011	Assets	2010	2011
Share Capital	2,88,000	3,20,000	Fixed Assets	2,40,000	4,00,000
Reserves And Surpluses	64,000	80,000	Less: Accumulated Depreciation	64,000	1,20,000
Bank Loan	80,000	60,000		1,76,000	2,80,000
creditors	2,48,000	2,40,000	Goodwill	64,000	56,000
bills payable	------	4,000	Investment	72,000	88,000
Proposed Dividend	36,000	48,000	Stock	1,60,000	1,80,000
Income Tax Payable	20,000	24,000	Debtors	1,60,000	1,52,000
	.....	.....	Bank	1,04,000	20,000
	7,36,000	7,76,000		7,36,000	7,76,000

Additional information:

1. During the year a part of the machinery costing Rs. 40,000 was sold for Rs. 20,000.
2. Depreciation provided during the year Rs. 80,000.
3. Interim Dividend paid during the year Rs. 20,000.

 

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From the following balance sheet of JY Ltd as at 31st March, 2017, prepare a cash flow.

Particulars		Note No.	31st March, 2017	31st March, 2016
			₹	₹
I EQUITY AND LIABILITIES
(1) Shareholder's Funds
(a) Share Capital			5,00,000	5,00,000
(b) Reserves and Surplus		1	1,00,000	(25,000)
(2) Non-current Liabilitites
Long-term Borrowings		2	2,50,000	1,50,000
(3) Current Liabilities
(a) Short-term Borrowings		3	1,50,000	1,00,000
(b) Short-term Borrowings		4		1,25,000
	Total		11,25,000	8,00,000
II ASSETS
(1) Non-current Assets
(a) Fixed AssetsTangible		5	6,00,000	4,50,000
(2) Current Assets
Table Receivables			2,75,000	2,25,000
Cash and Cash Equivalents			1,25,000	75,000
Short-term Loans and Advances			2,00,000	1,00,000
	Total		11,25,000	8,00,000

Note to Accounts

Note No.	Particulars	31st March, 2017	31st March 2016
		₹	₹
1.	Reserves and Surplus
	(Surplus, i.e., Balance in the statement of Profit and Loss)	1,00,000	(25,000)
		1,00,000	(25,000)
2.	Long-term Borrowings
	10% Debentures	2,50,000	1,50,000
		2,50,000	1,50,000
3.	Short-term Borrowings
	Bank Overdraft	1,50,000	1,00,000
		1,50,000	1,00,000
4.	Short-term Provisions
	(i) Proposed Dividend	75,000	50,000
	(ii) Provision for Tax	1,25,000	75,000
		2,00,000	1,25,000
5.	Tangible Assets
	Machinery	7,37,500	5,25,000
	Accumulated Description	(1,37,500)	(75,000)
		6,00,000	4,50,000

Additional Information: ₹ 1,00,000, 10% debentures were issued on 31st March, 2017.

[2018]

 

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From the following Balance Sheet of Young India Ltd., prepare Cash Flow Statement:

Particulars	Note No.	31.3.2019	31.3.2018
		₹	₹
I. Equity and Liabilities:
1. Shareholders Funds:
(a) Share Capital		2,50,000	2,00,000
(b) Reserve and Surplus: Surplus, i.e., Balance in Statement of Profit and Loss		1,83,000	82,000
2. Non-Current Liabilities:
Long-term Borrowings
15% Debentures		80,000	50,000
3. Current Liabilities:
(a) Trade Payables		1,50,000	1,10,000
(b) Other Current Liabilities		12,000	20,000
Total		6,75,000	4,62,000
II. Assets:
1. Non-Current Assets:
(a) Fixed Assets (Tangible)		2,74,000	1,17,000
(b) Non-Current Investments		68,000	55,000
2. Current Assets:
(a) Investments		2,06,000	1,50,000
(b) Trade Receivables		32,000	70,000
(c) Cash and Cash Equivalents		95,000	70,000
Total		6,75,000	4,62,000

 

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From the following Balance Sheets of Ranjan Ltd. prepare Cash Flow Statement:

Liabilities	2001	2002	Assets	2001	2002
Equity Share Capital	1,50,000	2,00,000	Goodwill	36,000	20,000
12% Pre. Share Capital	75,000	50,000	Building	80,000	60,000
General Reserve	20,000	35,000	Plant	40,000	1,00,000
Profit and Loss A/c	15,000	24,000	Debtors	1,19,000	1,54,500
Creditors	37,500	49,500	Stock	10,000	15,000
	...	Cash	12,500	9,000	...
	2,97,500	2,58,500		2,97,500	3,58,500

Depreciation charged on plant was Rs. 10000 and building Rs. 60000.

 

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From the following balance sheet of BCR Ltd as at 31st March, 2010 and 2011. Prepare a cash flow statement.

Particulars	Note No.	31st March, 2010 Amt (Rs)	31st March, 2011 Amt (Rs)
I.EQUITY AND LIABILITIES
1.Shareholders' Funds
(a)Equity Share Capital		5,00,000	7,00,000
(b)Reserves and Surplus(Balance in statement of profit and loss)		2,00,000	3,50,000
2.Current Liabilities
(a)Short-term Borrowings (Bank loan)		1,00,000	50,000
(b)Trade Payable (Creditors)		55,000	52,000
(c)Short-term Provisions	1	80,000	1,20,000
Total		9,35,000	12,72,000
II.ASSETS
1.Non-current Assets
(a)Fixed Assets	2	6,00,000	5,95,000
(b)Non-current Investment		-	1,00,000
2.Current Assets
(a)Trade Receivables (Debtors)		80,000	1,47,000
(b)Inventories (Stock)		55,000	1,30,000
(c) Cash and Cash Equivalents (Bank)		2,00,000	3,00,000
Total		9,35,000	12,72,000

Notes to Accounts

Particulars	31st March, 2010 (Rs)	31st March, 2011(Rs)
1.Short-term Provisions
Provision for Tax	30,000	50,000
Proposed Dividend	50,000	70,000
	80,000	1,20,000
2.Fixed Assets
Tangible (Equipment)	5,00,000	5,00,000
Intangible (Patents)	1,00,000	95,000
	6,00,000	5,95,000

Additional Information
During the year equipment costing Rs.1,00,000 was purchased. Loss on sale of equipment amounted to Rs.12.000. Rs.18,000 depreciation was charged on equipment. 

[2012]

 

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Following is the balance sheet of Thermal Power Ltd as at 31st March, 2014.

Balance Sheet as at 31st March,2014
Particulars	Note No.	2013-14	2012-13
		₹	₹
I.EQUITY AND LIABILITIES
1.Shareholders' Funds
(a) Share Capital		12,00,000	11,00,000
(b) Reserves and Surplus	1	3,00,000	2,00,000
2.Non-current Liabilities
Long-term Borrowings		2,40,000	1,70,000
3.Current Liabilities
(a)Trade Payables		1,79,000	2,04,000
(b)Short-term Provisions		50,000	77,000
Total		19,69,000	17,51,000
II. ASSETS
1.Non-current Assets
(a)Fixed Assets
(i)Tanglible	2	10,70,000	8,50,000
(ii)Intangible	3	40,000	1,12,000
2.Current Assets
(a) Current Investments		1,29,000	1,43,000
(b) Inventories		2,40,000	1,50,000
(c) Trade Receivables		1,70,000	1,21,000
(d) Cash and Cash Equivalents		3,20,000	3,75,000
Total		19,69,000	17,51,000

Notes to Accounts

Particulars	2013-14	2012-13
	₹	₹
1.Reserves and Surplus
Surplus (Balance in Statement of Profit and Loss)	3,00,000	2,00,000
2.Tangible Assets
Machinery	12,70,000	10,00,000
(-)Accumulated Depreciation	(2,00,000)	(1,50,000)
	10,70,000	8,50,000
3.Intangible Assets
Goodwill	40,000	1,12,000

Additional Information
During the year a piece of machinery, costing ₹ 24,000 on which accumulated depreciation was ₹16,000, was sold for ₹ 6,000.
Prepare cash flow statement.

[2015]

 

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From the following particulars, calculate Cash Flow from Investing Activities:

Particulars	31st March, 2020	31st March, 2019
	₹	₹
Investments in Land	3,00,000	3,00,000
Shares in Damodar Ltd.	1,50,000	1,50,000
12% Long-term Investments	80,000	50,000
Plant and Machinery	7,50,000	6,00,000
Patents	70,000	1,00,000
Goodwill	1,50,000	1,00,000

Additional Information:

1. A piece of land was purchased as an Investment out of surplus. It was let out for commercial purpose and the rent received was ₹ 20,000.
2. Dividend received from Damodar Ltd. @ 12%
3. Patents written off to the extent of ₹ 20,000. Some patents were sold at a profit of ₹ 10,000.
4. A machine costing ₹ 80,000 (depreciation provided thereon ₹ 30,000) was sold for ₹ 35,000. Depreciation charged during the year was ₹ 70,000.
5. During the year 12% investments were purchased for ₹ 1,00,000 and some investments were sold at a profit of ₹ 10,000. Interest on investments for the year was duly received.

 

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You are required to prepare a Cash-Flow Statement (as per AS-3) for the year 2017-18 from the following Balance Sheets:

Balance Sheets of Janaki India Ltd.
as at 31st March, 2018 and 31st March, 2017

Particulars	Note No.	31.03.2018 ₹	31.03.2017 ₹
I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
(a) Share Capital (Equity Share Capital)		3,00,000	2,00,000
(b) Reserves and Surplus (Statement of P/L)		1,20,000	70,000
2. Non-Current Liabilities
{a) Long Term Borrowings (8% Debentures)		1,50,000	1,20,000
3. Current Liabilities
(a) Short Term Borrowings (Bank Overdraft)		19,000	5,000
(b) Trade Payables (Creditors)		81,000	80,000
(c) Short Term Provisions	1	82,000	61,600
TOTAL		7,52,000	5,36,600
II. ASSETS
1. Non-Current Assets
(a) Fixed Assets
Tangible	2	2,04,200	1,83,000
(b) Non-Current Investments		1,30,000	1,20,000
2. Current Assets
(a) Inventories		1,41,500	1,25,000
(b) Trade Receivables		64,600	64,500
(c) Cash and Bank Balances		2,11,700	44,100
TOTAL		7,52,000	5,36,600

Notes to Accounts :

Particulars	31.03.2018 ₹	31.03.2017 ₹
1. Short term Provisions
Provision for Taxation	80,000	60,000
Provision for Doubtful Debts	2,000	1,600
	82,000	61,600
2. Fixed Assets (Tangible)
Plant and Machinery	2,43,000	2,23,000
Less : Accumulated Depreciation	(38,800)	(40,000)
	2,04,200	1,83,000

Additional Information:
During the year 2017-18:

1. A part of the machine was sold for ₹ 21,000 at a profit of ₹ 4,000.
2. The company charged ₹ 3,000 as depreciation on its Plant and Machinery.
3. New Debentures were issued on 31st March, 2018, at a discount of 10%.
4. Interest of ₹ 9,600 was paid on Debentures.
5.  

Contingent Liability :	31.3.2018	31.3.2017
Proposed Dividend	25%	30%

 

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From the following Balance Sheet of Fine products Ltd. as at 31st March, 2019:

Particulars	Note No.	31.3.2019	31.3.2018
		₹	₹
I. Equity and Liabilities:
1. Shareholders Funds:
(a) Share Capital: Equity Share Captial		3,50,000	3,00,000
(b) Reserve and Surplus	1	57,000	38,000
2. Current Liabilities:
(a) Trade Payables		53,000	35,000
(b) Other Current Liabilities		6,000	8,000
(c) Short-term Provisions	2	32,000	28,000
Total		4,98,000	4,09,000
II. Assets:
1. Non-Current Assets:
(a) Fixed Assets:
(i) Tangible Assets	3	2,48,000	2,00,000
(ii) Intangible Assets (Goodwill)		40,000	50,000
(b) Non-Current Investments		35,000	10,000
2. Current Assets:
(a) Investments		39,000	57,000
(b) Trade Receivables		1,08,000	75,000
(c) Cash and Cash Equivalents		28,000	17,000
Total		4,98,000	4,09,000

Notes to Accounts

Particulars	Note No.	31.3.2019	31.3.2018
		₹	₹
1. Reserves and Surplus
General Reserve		30,000	20,000
Surplus, i.e., Balance in Statement of Profit and Loss		27,000	18,000
		57,000	38,000
2. Short-term Provisions
Provision for Tax		32,000	28,000
3. Tangible Fixed Assets
Land and Building		57,000	1,10,000
Plant and Machinery		1,91,000	90,00
		2,48,000	2,00,000

Note: Proposed dividend on equity for the years ended 31st March, 2018 and 2019 are ₹ 39,000 and ₹ 45,000 respectively.
You are required to prepare Cash Flow Statement for the year ended 31st March, 2019.

 

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From the following Balance Sheet Himmat Ltd., prepare Cash Flow statement.

Particulars	Note No.	31st March, 2020	31st March, 2019
		₹	₹
1. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Share Capital		15,00,000	10,00,000
(b) Reserves and Surplus (Surplus, i.e., Balance in Statement of Profit and Loss)		7,50,000	6,00,000
2. Non-Current Liabilities
Long-term Borrowings	1	1,00,000	2,00,000
3. Current Liabilities
(a) Trade Payables		1,00,000	1,10,000
(b) Short-term Borrowings	2	95,000	80,000
Total		25,45,000	19,90,000
II.ASSETS
1. Non-Current Assets
(a) Fixed Assets
(i) Tangible Assets	3	10,10,000	12,00,000
(ii) Intangible Assets: Goodwill		1,80,000	2,00,000
(b) Non-Current Investments		6,00,000	-
2. Current Assets
(a) Inventories		1,80,000	1,00,000
(b) Trade Receivables		2,00,000	1,50,000
(c) Cash and Cash Equivalents		3,75,000	3,40,000
Total		25,45,000	19,90,000

Notes to Accounts

Particulars	31st March, 2020	31st March, 2019
	₹	₹
1. Long-term Borrowings
2,000, 10% Debentures of ₹ 100 each	-	2,00,000
Bank Loan	1,00,000
	1,00,000	2,00,000
2. Short-term Provisions
Provision for Tax	95,000	80,000
3. Tangible Assets
Land and Building	6,50,000	8,00,000
Plant and Machinery	3,60,000	4,00,000
	10,10,000	12,00,000
4. Cash and Cash Equivalents
Cash in Hand	70,000	50,000
Bank Balance	3,05,000	2,90,000
	3,75,000	3,40,000

Additional Information:

1.  

Contingent Liabilitiy:	31st March, 2020	31st March, 2019
Proposed Dividend	20%	15%

2. Income tax paid during the yaear includes ₹ 15,000 paid towards Dividend Distribution Tax.
3. Land and Building of book value ₹ 1,50,000 was sold at a profit of 10%
4. The rate of depreciation on Plant and Machinery is 10%.

 

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Prepare Cash Flow Statement from the following:

STATEMENT OF PROFIT AND LOSS
for the year ended 31 st March, 2019

Particulars	Note No.	₹
I. Revenue from Operations (Net Sales)		36,00,000
II. Expenses:
Purchases of Stock-in-Trade		28,16,000
Change in Inventories of Stock-in-Trade		(65,000)
Finance Costs		15,000
Depreciation and Amortisation Expenses		80,000
Other Expenses		5,34,000
Total		33,80,000
III. Profit before Tax (I - II)		2,20,000
IV. Less: Provision for Tax		40,000
V. Profit after Tax (III - IV)		1,80,000

BALANCE SHEET
as at 31st March, 2019

Particulars	Note No.	31st March, 2019	31st March, 2018
		₹	₹
I. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Share Capital		6,00,000	5,00,000
(b) Reserves and Surplus	1	3,00,000	1,20,000
2. Non-Current Liabilities
Long-term Loan		1,20,000	1,50,000
3. Current Liabilities
(a) Short-term Borrowing: Bank Overdraft		13,000	-
(b) Trade Payables (Creditors)		2,85,000	2,38,000
(c) Short-term Provisions: Provision for Tax		44,000	30,000
Total		13,62,000	10,38,000
II. ASSETS
1. Non-Current Assets
(a) Fixed Assets		6,20,000	4,00,000
2. Current Assets
(a) Short-term Investments (Marketable Securities)		34,000	20,000
(b) Inventories		3,28,000	2,63,000
(c) Trade Receivables		3,48,000	3,10,000
(d) Cash and Cash Equivalents	2	32,000	45,000
Total		13,62,000	10,38,000

Note to Accounts

Particulars	31st March, 2019	31st March, 2018
	₹	₹
1. Reserves and Surplus
Surplus, i.e., Balance in Statement of Profit and Loss	3,00,000	1,20,000
2. Cash and Cash Equivalents
Cash in Hand	32,000	17,000
Cash at Bank	-	28,000
	32,000	45,000

 

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Following are the Balance Sheets of Krishna Ltd. as on 31st March 2014 and 2013 :

Balance Sheets of Krishna Ltd.
as at 31st March 2014 and 2013

Particulars	31st March 2007(Rs.)	31st March 2006(Rs.)
I. EQUITY AND LIABILITIES
1. Shareholders Funds
(a) Share Capital	14,00,000	10,00,000
(b) Reserves and Surplus	5,00,000	4,00,000
2. Non - Current Liabilities
Long - term Borrowings	5,00,000	1,40,000
3. Current Liabilities
(a) Trade Payables(Creditors)	1,00,000	60,000
(b) Short - term Provisions	1,00,000	60,000
	25,80,000	16,60,000
II. ASSETS
1. Non - Current Assets
(a) Fixed Assets
(i) Tangible Assets	16,00,000	9,00,000
(ii) Intangible Assets	1,40,000	2,00,000
2. Current Assets
(a) Inventories(Stock)	2,50,000	2,00,000
(b)Trade Receivables	5,00,000	3,00,000
(b) Cash and Cash Equivalents : Bank	90,000	60,000
	25,80,000	16,60,000

Notes to Accounts

Particulars	31st March 2014(Rs.)	31st March 2013(Rs.)
1. Reserves and Surplus
Surplus, i.e. Balance in Statement of Profit and Loss	5,00,000	4,00,000
2. Short-term Provisions
Provision for Tax	80,000	60,000
3. Tangible Assets
Machinery	17,60,000	10,00,000
Less: Accumulated Depreciation	(1,60,000)	(1,00,000)
	16,00,000	9,00,000
4. Intangible Assets
Goodwill	1,40,000	2,00,000

Prepare Cash Flow Statement after taking into account the following adjustment:
Tax paid during the year amounted to Rs. 70,000.

 

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From the following Balance Sheets of X Ltd., you are required to prepare a Cash Flow Statement:

Particulars	Note No.	31.3.2018 ₹	31.3.2017 ₹
I. EQUITY AND LIABILITIES:
(1) Shareholder’s Funds:
(a) Share Capital		2,00,000	2,00,000
(,b) Reserve and Surplus		1,55,000	80,000
(2) Current Liabilities:
(a) Trade Payables		1,28,000	1,45,000
(b) Short term Provision	1	45,000	35,000
TOTAL		5,28,000	4,60,000
II. ASSETS:
(1) Non-Current Assets:
(a) Fixed Assets:
(i) Tangible Assets	2	2,00,000	1,50,000
(ii) Intangible Assets	3	33,000	40,000
(2) Current Assets:
(a) Current Investments	4	15,000	12,000
(b) Inventory		2,15,000	1,80,000
(c) Trade Receivables		50,000	60,000
(d) Cash & Bank		10,000	8,000
(e) Other Current Assets	5	5,000	10,000
TOTAL		5,28,000	4,60,000

Notes:

(1)	Short term Provision:	31.3.2018 ₹	31.3.2017 ₹
	Provision for Taxation	45,000	35,000
(2)	Tangible Assets:
	Machinery	2,00,000	1,50,000
(3)	Intangible Assets:
	Goodwill	33,000	40,000
(4)	Current Investments:
	Marketable Securities	15,000	12,000
(5)	Other Current Assets:
	Prepaid Expenses	5,000	10,000

Additional Information :

1. Machinery whose original cost was ₹ 50,000 was sold for ₹ 10,000 during the year. Accumulated depreciation on this machinery was ₹ 26,000.
2. Depreciation on Machinery charged during the year ₹ 20,000.
3. An Interim Dividend was paid during the year @ 10% on Equity share Capital.

 

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Following is the Balance Sheet of a company. Prepare Cash Flow Statement.

Particulars	Note No.	31st March, 2010 Amt (Rs)	31st March,2011 Amt (Rs)
I. EQUITY AND LIABILITIES
1.Shareholders' Funds
(a)Equity Share Capital		2,50,000	3,50,000
(b)Reserves and Surplus		40,000	5,000
2.Non-current Liabilities
Long-term Borrowings ((12% debentures)		60,000	1,00,000
3.Current Liabilities
Trade Payable		1,50,000	1,25,000
Total		5,00,000	5,80,000
II.ASSETS
1.Non-current Assets
(a)Fixed Assets		2,00,000	2,80,000
(b)Non-current Investments		1,00,000	1,00,000
2.Current Assets
(a)Trade Receivables		1,50,000	1,60,000
(b)Cash and Cash Equivalents		30,000	40,000
(c)Other Current Assets (Prepaid expenses)		20,000	-
Total		5,00,000	5,80,000

Notes to Accounts :

Particulars	31st March, 2011(Rs.)	31st March, 2012 (Rs.)
1.Reserves and Surplus
Surplus, i.e. Balance in Statement of Profit and Loss	40,000	(20,000)
Securities Premium	-	25,000
	40,000	5,000

Additional Information :

1. Debentures were issued on 1st April, 2011.
2. During the year a machine included in fixed assets costing Rs.1,20,000 was purchased and another machine of the book value of Rs.30,000 was sold at a loss of Rs. 2,000.

[2012]

 

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Following are the Balance Sheets of X Ltd. as at 31-03-2018 and 31-03-2017 prepare a Cash Flow statement:

BALANCE SHEET as at

Particulars	Note No.	31.3.2018 ₹	31.3.2017 ₹
I. EQUITY AND LIABILITIES :
(1) Shareholder’s Funds:
(a) Share Capital		4,50,000	4,50,000
(b) Reserve & Surplus	1	4,78,000	3,56,000
(2) Non-Current Liabilities :
Long-term Borrowings	2	1,70,000	—
(3) Current Liabilities:
(a) Trade Payables		1,09,000	2,03,000
(b) Short term Provision	3	35,000	40,000
TOTAL		12,42,000	10,49,000
II. ASSETS :
(1) Non-Current Assets:
Fixed Assets :
(i) Tangible Assets	4	3,20,000	4,00,000
(it) Intangible Assets	5	60,000	50,000
(2) Current Assets :
(a) Current Investments		70,000	78,000
(b) Inventory		1,70,000	2,15,000
(c) Trade Receivables		4,55,000	2,10,000
(d) Cash and Bank		1,67,000	96,000
TOTAL		12,42,000	10,49,000

Notes :

		31.3.2018 ₹	31.3.2017 ₹
(1)	Reserve & Surplus:
	Retained Earnings	4,78,000	3,56,000
(2)	Long-term Borrowings:
	Mortgage Loan	1,70,000	—
(3)	Short term Provision:
	Provision for Taxation	35,000	40,000
(4)	Tangible Assets:
	Land	1,40,000	2,50,000
	Plant & Machinery	1,80,000	1,50,000
		3,20,000	4,00,000
(5)	Intangible Assets:
	Goodwill	60,000	50,000

Additional Information:-

1. Gain on sale of Land ₹ 30,000.
2. Depreciation on Plant & Machinery was provided at 10% on last year’s balance.
3. Interest paid on Mortgage Loan amounted to ₹ 24,300.
4. Provision for income tax made during the year 2017-18 was ₹ 32,000.

 

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Following is the Balance Sheet of K.K. Ltd. as at 31st March, 2015:

BALANCE SHEET as at 31st March, 2015

Particulars	Note No.	31st March, 2015 ₹	31st March, 2014 ₹
I. Equity and Liabilities
1. Shareholders' Funds
(a) Share Capital		10,00,000	8,00,000
(b) Reserve and Surplus	1	4,00,000	(1,00,000)
2. Non-Current Liabilities:
Long-term Borrowings	2	9,00,000	10,00,000
3. Current Liabilities:
(a) Short term Borrowings	3	3,00,000	1,00,000
(b) Short term Provisions	4	1,40,000	1,80,000
Total		27,40,000	19,80,000
II. Assets:
1. Non-Current Assets:
(a) Fixed Assets:
(i) Tangible Assets	5	20,06,000	14,40,000
(ii) Intangible Assets	6	40,000	60,000
(b) Non-Current Investments		2,00,000	1,50,000
2. Current Assets
(a) Current Investments		1,00,000	1,20,000
(b) Inventories	7	2,14,000	90,000
(b) Cash and Cash Equivalents		1,80,000	1,20,000
Total		27,40,000	19,80,000

Notes to Accounts:

Particulars	31 March, 2019 (₹)	31 March, 2018 (₹)
1. Reserve and Surplus
Surplus (Balance in statement of Profit and Loss)	4,00,000	(1,00,000)
2. Long term Borrowings
12% debentures	9,00,000	10,00,000
3. Short term Borrowings
Bank overdraft	3,00,000	1,00,000
4. Short term provisions
Provision for tax	1,40,000	1,80,000
5. Tangible Assets
Machinery	24,06,000	16,42,000
Less : Accumulated Depreciation	(4,00,000)	(2,02,000)
	20,06,000	14,40,000
6. Intangible Assets
Goodwill	40,000	60,000
7. Inventories
Stock in trade	2,14,000	90,000

Additional Information:

1. 12% Debentures were redeemed on 31st March, 2015.
2. Tax ₹ 1,40,000 was paid during the year.

Prepare Cash Flow Statement.

[2016]

 

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From the following balance sheets of Mansi Ltd. as at 31st march 2017 and 31st march 2016 Prepare Cash Flwo statement.

Particulars	Note No.	31st March 2017	31st March 2016
EQUITY AND LIABILITY
Shareholders Fund
Share capital	1	1000000	800000
Reserves and surplus	2	74000	60000
non current liabilities		q
15% Deb		130000	120000q
Current Liabilities
Bank overdraft		136000	250000
Trade Payables		220000	240000
Short term Provisions	3	200000	160000
		1760000	1630000
Assets
Non current Asset
Fixed Asset	4	500000	600000
Current Asset
Inventories		700000	600000
Trade receivabkes		480000	400000
Cash		80000	30000
		1760000	1630000

Notes to accounts

Share capital
Equity Share Capital	900000	800000
12% Preference Share capital	100000	-
	1000000	800000
Reserves & Surplus
General Reserve	50000	40000
Surplus	24000	20000
	74000	60000
Short Term Proviion
Provision fro tax	84000	60000
Proposed Dividend	116000	100000
	200000	160000
Fixed Asset
Tangible Asset	800000	820000
- Dep	300000	220000
	500000	600000

 Additional Information

1. Interest paid on debentures 18000
2. Preference share were issued on march 31st 2017
3. Tax provided during the year 84000.

Prepare cash flow statement.

 

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You are required to prepare a Cash-Flow Statement (as per AS-3) for the year 2016-17 from the following Balance Sheets.

Balance Sheets of Honesty Ltd.
as at 31st March, 2016 and 31st March, 2017

Particulars	Note No.	31-3-2017 ₹	31-3-2016 ₹
I. EQUITY AND LIABILITIES
(1) Shareholders Funds
(a) Share Capital (Equity Share Capital)		14,00,000	10,00,000
(b) Reserves and Surplus (Statement of P&L)		5,00,000	4,00,000
(2) Non-Current Liabilities
Long Term Borrowings (10% Debentures)		5,00,000	1,40,000
(3) Current Liabilities
(a) Short Term Borrowings (Bank Overdraft)		20,000	30,000
(a) Trade Payables (Creditors)		1,00,000	60,000
(b) Short - term Provisions	1	60,000	30,000
TOTAL		25,80,000	16,60,000
II. ASSETS
(1) Non-Current Assets
Fixed Assets
(i) Tangible	2	16,00,000	9,00,000
(ii) Intangible (Goodwill)		1,40,000	2,00,000
(2) Current Assets
(a) Inventory		2,50,000	2,00,000
(b) Trade Receivables		5,00,000	3,00,000
(b) Cash and Cash Equivalents : Bank		90,000	60,000
TOTAL		25,80,000	16,60,000

Notes to Accounts

Particulars	31-3-2016 ₹	31-3-2017 ₹
1. Short-term Provisions:
Provision for taxation	60,000	30,000
2. Fixed Assets (Tangible):
Plant and Machinery	17,60,000	10,00,000
Less: Accumulated Depreciation	(1,60,000)	(1,00,000)
	16,00,000	9,00,000

Additional Information:

During the year 2016-17:

1. A part of the machine, costing ₹ 50,000, accumulated depreciation thereon being ₹ 20,000, was sold for ₹ 18,000.
2. Tax paid ₹ 20,000.
3. Interest paid on Debentures ₹ 50,000.

 

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From the following Balance Sheets of X Y Ltd. as at 31.3.2018 and 31.3.2017 prepare a Cash-Flow Statement:

Particulars	Note No.	31.3.2018	31.3.2017
I. EQUITY AND LIABILITIES:
(1) Shareholder’s Funds:
(a) Share Capital	1	8,50,000	4,60,000
(b) Reserve & Surplus	2	1,70,000	2,40,000
(2) Non-Current Liabilities:
Long-term Borrowings	3	1,80,000	2,00,000
TOTAL		12,00,000	9,00,000
II. ASSETS:
(1) Non-Current Assets:
Fixed Assets		7,00,000	5,00,000
(2) Current Assets:
(a) Inventory		2,50,000	2,10,000
(b) Trade Receivables		1,90,000	1,40,000
(c) Cash & Cash Equivalents		60,000	50,000
TOTAL		12,00,000	9,00,000

Notes :

(1)	Share Capital:	31.3.2018 (₹)	31.3.2017 (₹)
	Equity Share Capital	7,50,000	4,00,000
	8% Preference Share Capital	1,00,000	60,000
		8,50,000	4,60,000
(2)	Reserve & Surplus:
	General Reserve	50,000	70,000
	Profit & Loss Balance	1,20,000	1,70,000
		1,70,000	2,40,000
(3)	Long-term Borrowings:
	10% Debentures	1,80,000	2,00,000

Additional Information :

1. During the year machine of the book value of ₹ 80,000 was sold for ₹ 50,000.
2. Interim Dividend paid on equity share capital ₹ 80,000.

 

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From the following information, Calculate:

1. Cash Flows from Investing Activities, and
2. Cash Flows from Financing Activities.

Particulars	31st March, 2018	31st March, 2017
Plant & Machinery	6,80,000	5,60,000
Accumulated Depreciation on Plant & Machinery	1,70,000	1,48.000
Equity Share Capital	12,00,000	10,00,000
Loan from Bank	2,00,000	1,50,000

Additional Information:

1. During the year a machine costing ₹ 1,20,000 was sold at a profit of ₹ 15,000, Depreciation on Plant & Machinery charged during the year amounted to ₹ 50,000,
2. Interest paid on Bank Loan amounted to ₹ 30,000,
3. Dividend paid ₹ 80,000,

 

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From the following Balance sheets of Vanijya Ltd.as at 31st march 2010 and 2011. Prepare cash flow statement.

Particulars	Note no	31st March 2011	31st March 2010
Equity and Liabilities
Shareholders fund
sahre capital		65000	45000
Reseerve and surplus	1	42500	24000
Current libilities
Trade payables		11000	8700
		118500	77700
Assets
Non Current asset
fixed asset		83000	46700
Current asset
Stock		13000	11000
debtors		19500	18000
Cash		3000	2000
Total		118500	77700

Notes to accounts

Particulars	31 march 2011	Mar 31, 2010
General Reserve	27500	15000
Surplus	15000	9000
	42500	24000

Additional Information

1. Dep on fixed asset for the year was 14700.
2. An interi dividend 7000 has been paid to share holders during the year.

 

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From the following summarised Balance Sheets of a company, calculate the Cash Flow from operating activities:

Particulars	Note No.	31-3-2018 ₹	31-3-2017 ₹
I. EQUITY AND LIABILITIES:
(1) Shareholder’s Funds:
(a) Share Capital		50,000	50,000
(b) Reserve and Surplus		60,000	30,000
(2) Non-Current Liabilities
Long-term Borrowings	1	80,000	60,000
(3) Current Liabilities
(a) Trade Payables		35,000	48,000
(b) Short term Provision	2	40,000	32,000
TOTAL		2,65,000	2,20,000
II. ASSETS :
(1) Non-Current Assets :
(a) Fixed Assets		1,40,000	1,00,000
(b) Investments		30,000	40,000
(2) Current Assets :
(a) Inventory		45,000	30,000
(b) Trade Receivables		40,000	30,000
(c) Cash & Cash Equivalents		10,000	20,000
TOTAL		2,65,000	2,20,000

Note:-

(1)	Long-term Borrowings:	31.3.2018 (₹)	31.3.2017 (₹)
	6% Debentures	80,000	60,000
(2)	Short term Provision:
	Provision for Tax	40,000	32,000

 

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From the following particulars, calculate Cash from Investing Activities:

Particulars	Opening Balances	Closing Balances
Plant & Machinery (at cost)	3,00,000	3,20,000
Accumulated Depreciation	90,000	1,00,000
Patents	2,60,000	1,40,000
Goodwill	80,000	1,00,000

Additional Information:

During the year:

1. Depreciation charged on Plant and Machinery ₹ 36,000.
2. A machine having a book value of ₹ 20,000 was sold for ₹ 16,000.
3. Patents having a book value of ₹ 80,000 was sold for ₹ 1,10,000.

 

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Prepare a Cash Flow Statement on the basis of the information given in the balance sheet of ABC Ltd., as at 31.03.2018 & 2017.

Particulars	Note No.	31.3.2018 ₹	31.3.2017 ₹
I. EQUITY AND LIABILITIES:
(1) Shareholder’s Funds
(a) Share Capital		70,000	60,000
(b) Reserves and Surplus	1	44,000	8,000
(2) Non-Current Liabilities
(a) Long-term Borrowings		50,000	50,000
(3) Current Liabilities
(a) Trade Payables	2	25,000	9,000
TOTAL		1,89,000	1,27,000
II. ASSETS:
(1) Non-Current Assets
(a) Fixed Assets
(i) Tangible Assets		98,000	84,000
(b) Non-Current Investments		16,000	6,000
(2) Current Assets
(a) Current investments		18,000	20,000
(b) Inventories		49,000	12,000
(c) Cash and Bank Balances		8,000	5,000
TOTAL		1,89,000	1,27,000

Notes to Accounts:

1.	Reserve & Surplus:	31.03.2018 ₹	31.03.2017 ₹
	General Reserve	30,000	20,000
	Surplus i.e. Balance in Statement of Profit and Loss	14,000	(12,000)
		44,000	8,000
2.	Trade Payables:
	Sundry Creditors	23,500	6,500
	Bills Payable	1,500	2,500
		25,000	9,000

Additional Information :

1. Depreciation provided on tangible assets (Machinery) during the year ₹ 8,000.
2. Interest paid on debentures ₹ 5,000.

 

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From the following Balance Sheets of Sonal Ltd. as at 31st March 2010 and 31st March 2011, prepare a Cash Flow Statement:

Particulars	Note No.	31st March 2011(Rs.)	31st March 2010(Rs.)
I. EQUITY AND LIABILITIES
1. Shareholders Funds
(a) Share Capital	1	1,50,000	1,00,000
(b) Reserves and Surplus	2	50,000	25,000
2. Non - Current Liabilities
Long - term borrowings	3	25,000	50,000
3. Current Liabilities
(a) Trade Payables		11,250	15,000
(b) Short - term Provisions	4	32,500	30,000
		2,68,750	2,20,000
II. ASSETS
1. Non - Current Assets
(a) Fixed Assets
(i) Tangible Assets	5	1,50,000	1,50,000
(ii) Intangible Assets	6	11,250	12,500
(b) Non - current Investment		18,750	--
2. Current Assets
(a) Inventories		3,750	2,500
(b) Trade Receivables		63,750	50,000
(c) Cash and Cash Equivalents		21,250	5,000
		2,68,750	2,20,000

Note to Accounts:

Particulars	31st March 2011(Rs.)	31st March 2010(Rs.)
1. Share Capital:
Equity Share Capital	1,50,000	1,00,000
2. Reserve and Surplus:
Statements of Profit and Loss	50,000	25,000
3. Long-term Borrowings :
Bank Loan	25,000	50,000
4. Short-term Provisions:
Proposed Dividend	15,000	20,000
Provision for Tax	17,500	10,000
5. Tangible Assets:
Building	1,50,000	1,50,000
6. Intangible Assets:
Patents	11,250	12,500

During the year, Building having book value Rs. 50,000 was sold at a loss of Rs. 2,000 and depreciation charged on Building was Rs. 4,000.

[2012]

 

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From the following Balance Sheet, Prepare a Cash Flow Statement as per AS-3 (Revised).

Particulars	Note No.	31st March,2008 Amt (Rs)	31st March2009 Amt (Rs)
I. EQUITY AND LIABILITIES
1.Shareholders'  Funds
(a)Share Capital		12,000	15,000
(b)Reserves and Surplus ( Surplus, i.e. Balance in Statement of Profit and loss)		5,000	6,000
2.Current Liabilities
Trade Payable (Creditors)		15,000	11,000
Total		32,000	32,000
II.ASSETS
1.Non-current Assets
Fixed Assets		5,000	8,000
2.Current Assets
(a)Inventories (Stock)		6,000	4,000
(b)Trade Receivables (Debtors)		10,000	8,000
(c)Cash and Cash Equivalents (Cash)		11,000	12,000
Total		32,000	32,000

A dividend of Rs.3,000 was paid during the year 2008-09