Class Notes
Class: XII Topic: CASH FLOW STATEMENT
Subject: ACCOUNTANCY
Q. 1 Prepare a Cash-Flow Statement from the following Balance Sheets of Dry Fruits Ltd.
(Q. No. 42-A )
Particulars Note No. Amount Amount
I.EQUITY AND LIABILITIES:
(1) Shareholder’s Funds:
(a) Share Capital 2,00,000 2,00,000
(b) Reserves and Surplus 1 84,000 (8,000)
(2) Non-Current Liabilities:
Long-term Borrowings 2 1,35,000 1,00,000
(3) Current Liabilities:
Trade Payables 68,000 62,000
Total 4,87,000 3,54,000
II.ASSETS:
(1) Non-Current Assets:
Fixed Assets
(i) Tangible Assets 3 1,20,000 1,30,000
(2) Current Assets:
(a) Current Investment(Marketable securities) 22,000 15,000
(b) Inventories 61,000 80,000
(c) Trade Receivables 40,000 29,000
(d) Cash & Cash Equivalents 2,44,000 1,00,000
4,87,000 3,54,000
Notes: 31/03/2018 31/03/2017
(1) Reserves and Surplus:
General Reserve 24,000 --------
Profit and Loss Balance 60,000 (8,000)
(2) Long-term Borrowings:
12% Mortgage Loan 1,35,000 1,00,000
(3) Fixed Assets:
Machinery 1,45,000 1,60,000
Less: Accumulated Depreciation (25,000) ( 30,000)
Additional Information:
(a) Interest paid on Mortgage Loan amounted to Rs. 14,100
(b) Interim Dividend paid during the year Rs. 20,000
(c) Machinery costing Rs. 40,000 (accumulated depreciation thereon being Rs. 18,000) was
sold for Rs. 5,000.
Ans:
Cash Flow From Operating Activities= Rs. 1,70,100
Cash used in Investing Activities = Rs. 20,000
Cash flow from Financing Activities = Rs. 900
(The above content is absolutely prepared at home: MKR)
