Accountancy 3 Marks Question

From the given notes to accounts and cash flow statement of Water Purifier Ltd. complete the missing figures:
Notes to Accounts:

Additional Information:

1. Depreciation charged on plant & Machinery for the year 2017-18 was ₹ 1,75,000. During the year 2017-18, Plant and Machinery of ₹ 7,25,000 was purchased.
2. Interest on Mortgage Loan paid during the year amounted to ₹ 35,000.
3. Interim Divident paid during the year ₹ 44,000.

The following is the Statement of Profit and Loss of Z Ltd. for the year ended March 31, 2018:

Additional Information:

1. Sundry Creditors increased by ₹ 40,000 during the year.
2. Sundry Debtors increased by ₹ 70,000 during the year.
3. Outstanding wages decreased by ₹ 10,000 during the year.
4. Bills Receivable decreased by ₹ 5,000 during the year.
5. Prepaid expenses decreased by ₹ 20,000 during the year.

Compute net Cash from operations by the indirect method.

D.K. Ltd. provides you the following information:

Non-Current Investments as on 31-3-2017	₹ 1,20,000
Non-Current Investments as on 31-3-2018	₹ 40,000

During the year 2018, the company sold 80% of its original investments at a profit of 20% on book value. Calculate sources and uses of cash.

Following is the Profit & Loss Statement of Z Ltd. for the year ended 31st March, 2018:
Notes:

From the following figures, calculate Cash from operating activities:

Calculate 'Cash from operating activities' from the following:

Following is the position of Current Assets and Current Liabilities of X Ltd.:

The company incurred a loss of ₹ 37,000 during the year. Calculate 'Cash from operating activities'.

The following balances appeared in Plant Account and Accumulated Depreciation Account in the books of Bharat Ltd. Additional Information:Plant costing ₹ 1,45,000; accumulated depreciation thereon ₹ 70,000, was sold for ₹ 35,000.
You are required to:

1. Compute the amount of Plant purchased, depreciation charged for the year and loss on sale of plant.
2. Show how each of the items related to the plant will be shown in the cash flow statement.

X Ltd. provides you the following information:

Non-Current Investments as on 31-3-2017	₹ 50,000
Non-Current Investments as on 31-3-2018	₹ 60,000

During the year 2018, X Ltd. purchased investments costing ₹ 25,000 and sold some investments at a loss of 20% on book value. Calculate sources of cash.

State which of the following would result in inflow, outflow or no flow of cash:

1. A long-term loan from a bank.
2. Repayment of long-term loan.
3. Payment of interest on loan.
4. Conversion of debentures into preference shares.
5. Interest received on investments.
6. Interest due on debentures.
7. Receipt of accrued interest.
8. Purchase of securities of a company.
9. Buy-back of Equity Shares.
10. Purchase of Goodwill.
11. Goodwill written off.
12. Patents written off.

From the following information, calculate Cash from operating activities:

From the following particulars, calculate cash flows from investing activities:

Dividend received on shares held as Investments	₹ 10,000
Interest received on debentures held as Investments	₹ 8,000
Dividend paid on equity share capital	₹ 50,000

Following is the position of Current Assets and Current Liabilities of Z Ltd.

The Company incurred a loss of ₹ 30,000 during the year. Calculate Cash from operating activities.

Classify the following transactions as:

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

1. Purchase of Shares.
2. Buy-back of Equity Shares.
3. Payment of Share issue expenses.
4. Discount allowed to Customers.
5. Discount received from Suppliers.
6. Increase in balance of Cash Credit.
7. Repayment of Long-term Loan.
8. Repayment of Short-term Loan.
9. Proceeds from Short-term Borrowings.
10. Dividend paid on Preference Shares.
11. Short-term deposits in Bank.
12. Rent received by a Company whose main business is Real Estate Business.
13. Rent received by a Company whose main business is manufacturing.

Sony Ltd. provides you the following information. Calculate Cash flows from financing activities:

Additional Information:

1. During the year 2017-18, Sony Ltd. issued bonus shares in the ratio of 4 : 1 by capitalising reserve.
2. 10% Debentures were redeemed on 1 Jan., 2018 at a premium of 5%.
3. Preference Dividend paid ₹ 8,000.
4. Dividend received on Investments ₹ 10,000.

Calculate 'Cash from operating activities' from the following balances:

Operating profit before working capital changes was ₹ 1,30,000

Raj Ltd. had a profit of ₹ 17,50,000 for the year ended 31.3.2016 after considering the following:

	₹
Depreciation on building	1,30,000
Depreciation on plant and machinery	40,000
Goodwill written off	25,000
Loss on sale of machinery	9,000

Following was the position of current assets and current liabilities of the company as at 31.3.2015 and 31.3.2016.
Calculate cash flow from operating activities.

From the given notes to accounts and cash flow statement of Ferguson Ltd. complete the missing figures:

X Ltd. has Plant and Machinery whose written down value on 1st April, 2014 was ₹ 15,40,000 and on 31st March, 2015 was ₹ 19,10,000. Depreciation for the year was ₹ 1,50,000. In the beginning of the year, a part of plant was sold for ₹ 2,20,000 which had a written down value of ₹ 3,00,000.
Calculate Cash Flow from Investing Activities.

Calculate 'Cash from operating activities' from the following figures: