From the following Balance Sheet of Bha...

From the following Balance Sheet of Bharat Steel Ltd as at 31st March, 2019 prepare its Cash Folw Statement:

Additional Information :
(i) Machinery costing ₹ 1,00,000 on which depreciation charged was sold at a profit of 20% on book value. Derprection charged during the year amounted to ₹ 70,000.
(ii) Perference Shares were redeemed at par on 31st March, 2019.
(iii) Equaity Shares were issued on 1st April, 2018 and Debentures were redeemed on 1st January, 2019.
(iv) The company declared and paid interim dividend on Equity Shares @ ₹ 40 per share out of General Reserve. It did not propose final dividend on Equity Shares.
(v) Non-current Investments costing ₹ 60,000 were sold at a profit of 20%.
(vi) Income tax ₹ 45,000 was provided.

Similar Questions

Explore conceptually related problems

From the following Balance Sheet of Mohan Ltd., prepare cash flow Statement: Additional Information: Machine Costing Rs 80,000 on which accumulated depreciation was Rs, 50,000 was sold for Rs 20,000

Form the following Balance Sheets of Samta Ltd as at 31st March, 2019 perpare Cash Flow Statement: Additional Information: (i). During the year a pleac of machinery costing ₹60,000 on which deprection charged was ₹ 20,000 was sold at 50% of its book value. Depreciation provided on tangible Assets ₹ 60,000. (ii) Income tax ₹ 45,000 was provided. (iii) Additional Debenture were issued at par on 1st October, 2018 and Bank Loan was repaid on the same date. (iv) At the edn of the years Perfence Share were redeemed at a premium of 5 %.

From the following Balance Sheet of Mishi Ltd., as at 31st March 2019 perpare Cash flow Statement: Additional Information : (i) During the year, Machinery cositing ₹ 1,40,000 (accumulated deprecitaion provided thereon ₹ 1,10,00) was sold for ₹ 20,000. (ii) during the year, Non-current Investmensts costing ₹ 80,000 were sold at a profit of ₹16,000.

From the following Balance Sheets of Tiger Super Steel Ltd., prepare Cash Flow Statement: Additional Information: Depreciation Charge on Land & Building Rs 20,000, and Plant Rs 10,000 during the year.

Following is the Balance Sheet of Thermal Power Ltd as at 31st March, 2019 Additonal Information : During the year a piece of machinery costing ₹ 24,000 on which accumulated depreciation was ₹ 16,000 was sold for ₹ 6,000. Perpare Cash Flow Statement .

Similar Questions

Recommended Questions