The Total solution for NCERT class 6-12
Particulars
Note No.
31st March 2015 (₹)
31st March 2014 (₹)
I) Equity and Liabilities
1. Shareholders’ Funds
a) Share capital
7,00,000
5,00,000
b) Reserves and surplus
4,70,000
2,50,000
2. Non-current Liabilities
(8% Debentures)
4,00,000
6,00,000
3. Current Liabilities
a) Trade payables
9,00,000
Total
24,70,000
19,50,000
II) Assets
1. Non-current assets
a) Fixed assets
i) Tangible
ii) Intangible-Goodwill
1,70,000
2. Current assets
a) Inventories
b) Trade Receivables
c) Cash and cash equivalents
3,00,000
Cash Flow Statement
for the year ending March 31, 2015
Details
(₹)
Amount
A.
Cash from Operating Activities
Net Profit
2,20,000
Items to be Added:
Interest on Debentures
48,000
Depreciation on Fixed Assets
80,000
Goodwill Written-off
2,08,000
Operating Profit before Working Capital Adjustments
4,28,000
Add: Increase in Current Liabilities
Creditors
Less: Increase in Current Assets
Inventories
(1,00,000)
Trade Receivables
(2,00,000)
–
Cash Generated from Operations
Less: Tax Paid
Net Cash From Operating Activities
B.
Cash From Investing Activities
Purchase of Fixed Assets (WN)
(2,80,000)
Net Cash From Investing Activities
C.
Cash From Financing Activities
Issue of Share Capital
2,00,000
Redemption of Debentures
Interest Paid on Debentures
(48,000)
Net Cash From Financing Activities (C)
Net Increase in Cash (A + B + C)
1,00,000
Add: Opening Cash and Cash Equivalents
Closing Cash and Cash Equivalents
WorkingNote:
Fixed Assets Account
Dr.
Cr.
J.F.
Balance b/d
Depreciation
Purchases (Balancing Figure)
2,80,000
Balance c/d
7,80,000