Cash Flow Statement — Accountancy STD 12 Commerce — Question

The motto of Yash Ltd., an advertising company is 'Service with Dignity'. Its management and work force is hard working, honest and motivated. The net profit of the Company doubled during the year ended 31st. March, 2014. Encouraged by its performance company decided to give one month extra salary to all its employees.

Following is the Comparative Statement of Profit and Loss of The company for the years ended 31st March, 2013 and 2014.

1. Calculate Net Profit Ratio for the year ending 31st March, 2013 and 2014.
   1. Identify any two value which Yash Ltd, is typing to propagate.

From the following Balance Sheets of Vijaya Ltd. as on 31-3-2009 and 31-3-2010 prepare a Cash Flow Statement.Additional Information:

1. Depreciation on Fixed Assets for the year 2009-2010 was ₹ 14,700.
2. An interim dividend ₹ 7,000 has been paid to the shareholders during the year.

From the following Balance Sheets of XLtd., you are required to prepare Cash Flow Statement. Notes:

1.	Short-term Borrowings:	31.3.2018	31.3.2017
	Bank Overdraft	88,000	66,000
2.	Short-term Provision
	Taxation Provision	34,000	26,000
3	Tangible Assets:
	Land	1,50,000	2,00,000
	Plant	2,25,000	3,00,000
		3,75,000	5,00,000

Additional Information:

1. Interim Dividend paid during the year ₹ 60,000
2. Land was sold at a profit of ₹ 30,000
3. Plant costing ₹ 20,000 was sold during the year at a loss of ₹ 8,000.

Assuming that the Debt to Equity Ratio is 2 : 1, state giving reasons, which of the following transactions would (i) Increase; (ii) Decrease; (iii) Not alter Debt to Equity Ratio:

1. Issue of new shares for cash.
2. Conversion of debentures into equity shares.
3. Sale of a fixed asset at profit.
4. Purchase of a fixed asset on long-term deferred payment basis.
5. Payment to creditors.

Give a format of Common Size Statement of Profit & Loss for two years.

Under what heads will you classify the following items on the equity and liability side of the Balance Sheet of a limited company:

1. Unclaimed Dividend.
2. Proposed Dividend.
3. Securities Premium Reserve.
4. Share Forfeited Account.
5. Public Deposits.
6. Debentures.
7. Bills discounted but not matured.

Mohit Glass Ltd. issued 20,000 shares of ₹ 100 each at ₹ 110 per share, payable ₹ 30 on application, ₹ 40 on allotment (including Premium), ₹ 20 on first call and ₹ 20 on final call. The applications were received for 24,000 shares and allotted 20,000 shares and reject 4,000 shares and amount returned thereon. The money was duly received.

From the following Balance sheet of Depth Ltd as at 31 march, 2018, prepare comparative Balance sheet:

Balancesheet of blue bell Ltd. as at 31st march, 2018 is given below:

From the following information, calculate Net Cash Flow from Operating Activities and Financing Activities:
Additional Information:

1. During the year additional debentures were issued at par on 1st October and Bank Loan was repaid on the same date.
2. Dividend on Equity Shares @ 8% was paid on Opening Balance.
3. Income tax ₹ 1,12,500 has been provided during the year.
4. Preference shares were redeemed at par at the end of the year.