The Total solution for NCERT class 6-12
Particulars
Note No.
31st March 2017 (₹)
31st March 2016 (₹)
I) Equity and Liabilities
1. Shareholders’ Funds
a) Share capital
1
4,00,000
2,00,000
b) Reserves and surplus-Surplus
1,00,000
2. Non-current Liabilities
a) Long-term borrowings
2
1,50,000
2,20,000
3. Current Liabilities
a) Short-term borrowings
–
(Bank overdraft)
b) Trade payables
70,000
50,000
c) Short-term provision
30,000
(Provision for taxation)
Total
9,70,000
6,00,000
II) Assets
1. Non-current assets
a) Fixed assets
i) Tangible
7,00,000
2. Current assets
a) Inventories
1,70,000
b) Trade Receivables
c) Cash and cash equivalents
Notes to Accounts
1. Share capital
a) Equity share capital
3,00,000
b) Preference share capital
2. Long term borrowings
Long-term loan
Long-term Rahul
20,000
Cash Flow Statement of Yogeta Ltd.
Amount
₹
A.
Cash Flow from Operating Activities
Profit as per Balance Sheet (2,00,000 –1,00,000)
Proposed Dividend
Provision for Taxation
60,000
Net Profit before Taxation and Extraordinary items
2,10,000
Items to be added:
Depreciation
Operating Profit before Working Capital changes
2,60,000
Add: Increase in Current liabilities
Trade Payable
2,80,000
Less: Increase in Current Assets
Inventories
(70,000)
Trade Receivable
(50,000)
(1,20,000)
Cash Generated from Operating Activities
1,60,000
Less: Income Tax paid
(40,000)
Net Cash from Operations
1,20,000
B.
Cash Flow from Investing Activities
Purchases of Fixed Assets
(3,50,000)
Net Cash used in Investing Activities
C.
Cash Flow from Financing Activities
Issue of Equity Shares
Issue of Preference Shares
Loan from Rahul
1,30,000
Less: Repayment of Loan
(2,00,000)
Dividend Paid
Net Cash from Financing Activities
80,000
D.
Net decrease in Cash and Cash Equivalent (A+B+C)
(1,50,000)
Add: Cash and Cash Equivalents in the beginning
E.
Cash and Cash Equivalents at the end (Bank Overdraft)
(1,00,000)
WorkingNotes:
1.
Provision for Taxation Account
Dr.
Cr.
Date
J.F.
Bank (Balancing figure)
40,000
Balance b/d
Balance c/d
Profit and Loss
90,000
2.
Fixed Assets Account
Bank
3,50,000
7,50,000