From the following information, prepare Cash Flow Statement for Pioneer Ltd.

Explanation

Working Notes:

(2) Patents of Rs 5,000 (i.e., Rs 1,00,000 – Rs 95,000) were written-off during the year, and depreciation on furniture Rs 30,000. (Rs 3,00,000 – Rs 2,70,000)
(3) It is assumed that dividend of Rs 50,000 and tax of Rs 30,000 provided in 2015 -
2016 has been paid during the year 2016-17. Hence, proposed dividend and provision
for tax during the year amounts to Rs 70,000 and Rs 50,000 respectively.