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
Answer - 21 : -
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
31st March 2017 (₹)
31st March 2016 (₹)
1
b) Reserves and surplus-Surplus
a) Long-term borrowings
2
1,50,000
a) Short-term borrowings
(Bank overdraft)
b) Trade payables
70,000
50,000
c) Short-term provision
30,000
(Provision for taxation)
9,70,000
Notes to Accounts
1. Share capital
a) Equity share capital
b) Preference share capital
2. Long term borrowings
Long-term loan
Long-term Rahul
20,000
Answer - 22 : -
Cash Flow Statement of Yogeta Ltd.
₹
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:
Operating Profit before Working Capital changes
2,60,000
Add: Increase in Current liabilities
Trade Payable
(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
Cash Flow from Investing Activities
Purchases of Fixed Assets
(3,50,000)
Net Cash used in Investing Activities
Cash Flow from Financing Activities
Issue of Equity Shares
Issue of Preference Shares
Loan from Rahul
1,30,000
Less: Repayment of Loan
Dividend Paid
Net Cash from Financing Activities
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)
WorkingNotes:
1.
Provision for Taxation Account
Date
Bank (Balancing figure)
40,000
Profit and Loss
90,000
2.
Bank
3,50,000
7,50,000
4,40,000
b) Reserve and surplus-Surplus
28,000
2. Current Liabilities
1,56,000
56,000
c) Short-term provisions
12,000
4,000
6,48,000
3,68,000
3,64,000
b) Trade receivables
d) Other current assets
16,000
8,000
1,40,000
2. Reserve and surplus
Surplus in statement of profit and loss at the beginning of the year
Add: Profit of the year
Less: Dividend
Profit at the end of the year
Answer - 23 : -
Cash Flow Statement (Indirect Method)
Profit as per Balance Sheet (40,000 – 28,000)
Interest paid on Debentures
600
32,000
32,600
60,600
Trade Payables
Other Current Assets
(8,000)
(60,000)
(68,000)
Cash generated from Operating Activities
(7,400)
(4,000)
Net Cash used in Operating Activities
(11,400)
Purchase of Fixed Assets
(1,96,000)
Less: Interest Paid on Debentures
(600)
Less: Dividend Paid
1,55,400
Net decrease in cash and cash equivalent (A+B+C)
(52,000)
Cash and Cash Equivalents at the end
Working Notes:
Plant and Machinery Account
Bank (Purchases- Balancing fig.)
1,96,000
3,96,000
(₹ in ‘000)
3,700
3,000
2. Non-Current Liabilities
10% Debentures
6,500
6,000
6,800
12,500
11,000
3
10,000
88,000
81,500
4
25,000
35,000
24,000
c) Cash and cash equivalents-cash
3,500
1,200
d) Other current assets-prepaid exp.
500
300
31st March
2017
31st March2016
Reserve and surplus
(i) Balance in statement of profit and loss
1,000
(ii) General reserve
2,500
2,000
Short-term borrowings
Bank Overdraft
3.
Short-term provisions
(i) Provision for taxation
4,200
(ii) Proposed dividend
5,800
5,000
4.
Fixed Assets:
Fixed Assets
41,000
Less: Accumulated Depreciation
(15,000)
(11,000)
Answer - 24 : -
Cash Flow Statement of Computer India Ltd.
(‘00,000)
Profit as per Balance Sheet (1,200 – 1,000)
200
General Reserve
Net Profit before Tax and Extraordinary items
10,700
Items to be added
Provision for Depreciation
4,600
15,300
Adjustments
Less:
Increase in Current Assets
(5,000)
Prepaid Expenses
(200)
(9,200)
6,100
Decrease in Current Liabilities
Trade Creditors
(1,000)
5,100
Income Tax Paid
(3,000)
Net Cash from Operation
2,100
Sale of Fixed Assets
Net Cash from Investing Activities
Issue of 10% Debentures
Dividend paid
Interest paid
4,900
Net Increase in Cash and Cash Equivalent (A+B+C)
Add:
Cash and Cash Equivalent in the beginning
Cash
Bank overdraft
(12,500)
(11,300)
(6,800)
(3,300)