Question
Prepare a Cash-Flow statement from the following:

Notes:

Additional Information:
  1. During the year, company sold 60% of its original non-current investments at a profit of 25%.
  2. Depreciation provided during the year was ₹ 35,000.

Answer


Notes:
  1.  
Profit and Loss Balance on 31st March, 2018
45,000
Less: Profit & Loss Balance on 31st March, 201 7
(50,000)
Net Loss during the year
5,000
  1.  
  1.  

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Similar questions

Prepare a Comparative Statement of Profit & Loss from the following:

Interest on investments @ ₹ 2,00,000 and taxes payable @ 50%.
The ratio of Current Assets (₹ 9,00,000) to Current Liabilities is 1.5 : 1. The accountant of this firm is interested in maintaining a Current Ratio of 2 : 1 by paying some part of Current Liabilities. You are required to suggest him the amount of Current Liabilities which must be paid for this purpose.
Prepare Cash Flow Statement from the following: Notes to Accounts:
State who may be interested in the analysis of financial statements and Why?
What is a ‘Preference Share’? Describe the different types of preference shares.
X Ltd. issued 12,000; 8% Debentures of ​₹ 100 each at a discount of 5% payable as 25% on application; 20% on allotment and balance after three months.
Pass Journal entries.
Following is the Balance Sheet of Solar Power Ltd. as at 31.3.2014:
Notes to Accounts:

Additional Information:
During the year a piece of machinery costing ₹ 48,000 on which accumulated depreciation was ₹ 32,000 was sold for ₹ 12,000. Prepare Cash Flow Statement.
  1. you are required to fill in the missing figure in the following Commomn Size Balance Sheet:
  1. Also calculate the Debt Equity Ratio.
  1. R.P. Ltd. forfeited 1,500 shares of Rahim of ₹ 10 each issued at a premium of ₹ 3 per share for non-payment of allotment and first call money. Rahim had applied for 3,000 shares. On these shares, amount was payable as follows:
On application
-
₹ 3 per share
On allotment (including premium)
-
₹ 5 per share
On first call
-
₹ 3 per share
On final call
-
Balance
Final call has not been called up. 1,000 of the forfeited shares were reissued for ₹ 8,500 as fully paid-up.

Record the necessary journal entries for the above transactions in the books of R.P. Ltd.
  1. Max Ltd. forfeited 500 shares of ₹ 100 each for non-payment of first call of ₹ 20 per share and final call of ₹ 25 per share. 250 of these shares were re-issued at ₹ 50 per share fully paid-up. Pass the necessary journal entries in the books of Max Ltd. for forfeiture and re-issue of shares. Also prepare the Share Forfeiture Account.
From the following informations, prepare a Cash-Flow Statement: Additional Information: