Solution of cash flow ? (1) Share Holders Funds(2) Non- Current Liabilities(3) Current Liabilities40,00,00025,00,00015,00,00080,00,00010,00,00010,00,00040,00,000TOTAL====== ============II ASSETS:(1) Non- Current Assets(2) Current Assets50,00,00030,00,00080,00,00025,00,00015,00,00040,00,000TOTAL=== ==========32. Prepare a Cash Flow Statement on the basis of the information given in theBalance Sheet of ABC Ltd. As on 31.03.2016 and 2015:ParticularsI EQUITY AND LIABILITIES:1. Shareholders' FundsNote No. 31.3.201631.3.2015(a) Share Capital(b) Reserves and Surplus70,00044,00060,0008,0002. Non-Current Liabilities(a) Long-Term Borrowings3. Current Liabilities(a) Trade Payables50,00050,00025,0009,0001,27,000TОTAL1,89,000II ASSETS:1. Non -Current Assets(a) Fixed AssetsSute (1)(b) Non -Current Investments===== ==98,00016,00084,0006,000Tangible Assets2. Current Assets(a) Current Investments(b) Inventories(c) Cash And Bank balance18;00049,0008,0001,89,00020,00012,0005,0001,27,000TOTALNotes to Accounts:==== ====Particulars1 Reserves & Surplus!===31.3.201631.3.2015heneeesu30,00020,000+ 70008600020009.20002000(300) 32. Prepare a Cash Flow Statement on the basis of the information given in theBalance Sheet of ABC Ltd. As on 31.03.2016 and 2015:ParticularsI EQUITY AND LIABILITIES:1. Shareholders' Funds(a) Share Capital(b) Reserves and SurplusNote No. 31.3.201631.3.201570,00044,00060,0008,0002. Non-Current Liabilities(a) Long-Term Borrowings50,00050,0003. Current Liabilities(a) Trade Payables9,0001,27,00025,000TOTAL1,89,000====II ASSETS:1. Non -Current Assets(a) Fixed AssetsSute (i)(b) Non -Current Investments84,0006,000Tangible Assets98,00016,0002. Current Assets(a) Current Investments(b) Inventories(c) Cash And Bank balance18;00049,0008,0001,89,00020,00012,0005,0001,27,000TOTALNotes to Accounts:Particulars1 Reserves & Surplus31.3.2016heneeesen31.3.201530,00020,0002000860020002000(300)bats

A cash flow statement is a financial statement that summarizes the in and out of cash and cash…

Answered: 32. Prepare a Cash Flow Statement on…

32. Prepare a Cash Flow Statement on the basis of the int Balance Sheet of ABC Ltd. As on 31.03.2016 and 2015: Particulars Note No. 31.3.2016 31.3.2015

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Determine Debt-Equity Ratio, Proprietary Ratio and Funds Proportion Ratios with the help of folowine information: Description Amount ? Equity Capital Profit & Loss A/C(Profit) Reserves & Surplus 10,00,000/- 5,00,000/- 3,00,000/- 2,50,000/- 30,00,000/- 5,00,000/- 15,00,000/- 1,50,000/- 5,00,000/- 45,75,000/- Premium on Issue of Shares & Debentures Debentures Long Term Fixed Deposits Accepted Long Term Bank Loans Provision for Divided & Taxation Short Term Bank Loans Fixed Assets
The summarized balance sheet of WIPRO Itd forthe year ended 31/03/2020 and 31/03/2021 are given below. Prepare funds flow statement. Liabilities Equity share capital General Reserve Pro fit&loss a/c Sundry Creditor Provision for Tax 2020 5,00,000 2,00,000 40,000 1,58,000 45,000 2021 Assets 2020 2021 Land & Building 6,00,000 2,20,000 1,32,000 1,72,000 30,000 1,80,000 Plant and Machinery 2,10,000 80,000 2,00,000 1,70,000 1,03,000 9,43,000 3,00,000 2,76,000 95,000 1,90,000 1,95,000 98,000 11,54,000 Other fixed Assets Stock Debtors Cash at bank Total 9,43,000 The following adjustment the company faces during the year. 11,54,000 Total Dividend Rs. 30,000 was paid during the year. An old machinery costing 1,20.000 was sold for 1,00,000 and the depreciation Rs 50,000.
From the following information of Axis Limited compute the Replacement Cost Value / Net Substantial Value Liabilities Equity Share Capital Preference Share Capital Reserves and Surplus Adjustment Long-term Debt Short-term Debt Creditors Amount (Mn$) 2000 1100 800 1400 800 1700 Assets 1100 Debtors 8,900 Fixed Assets Inventories Cash and Bank Balance Amount (Mn$) 4100 2350 1150 1300 8,900
ASSETS LIABILITIES AND CAPITALa. Current assets b. Investments c. Plant and equipment d. Intangiblese. Other assets f. Current liabilities g. Long-term liabilitiesh. Preferred stock i. Common stock j. Additional paid-in capitalk. Retained earningsl. Items excluded from balance sheetUsing the letters above, classify the following accounts according to the preferred and ordinary balance sheet presentation. _____ 1. Bond sinking fund_____ 2. Common stock distributable_____ 3. Appropriation for plant expansion_____ 4. Bank overdraft_____ 5. Bonds payable (due 2010)_____ 6. Premium on common stock_____ 7. Securities owned by another company which are collateral for that company's note_____ 8. Trading securities_____ 9. Inventory_____ 10. Unamortized discount on bonds payable_____ 11. Patents_____ 12. Unearned revenue
Choose the correct classification for the following accounts: A forfeited shares account; A forfeited shares reserve: 1. Liability Asset2. Income Equity3. Expense Liability5. Asset Income5. Liability Equity a. 1 b. 2 c. 3 d. 4 e. 5
Which of the following constitutes an internal source of funds Oa. Corporate bonds b. Common stock Oc Commercial paper O d. Retained earnings and amortization cash flow
Insight Ltd. has the following capital Structure & after-tax Cost for different sources of funds used: Source of Funds Amount After-tax Cost Debt 15,00,000 5 Pref. Shares 12,00,000 10 Eq. Shares Retained Earnings 18,00,000 12 15,00,000 11 You are required to Calculate Weighted Average COC.
What Statements Do The Following Belong To and Do They Appear On One Or More1) Fund To Retire Bonds2) Retained Earnings3) Trucks4) Cash5) Prepaid Insurance6) Investment in XYZ7) Additional Paid-Capital8) Copyrights9) Machinery10) Merchandise Inventory
The following information relates to Basic Lid. for the year ended 31" December 2021: Net working capital RO. 1.200.000 Fixed assets to proprietor's fund ratio 0.75 Working capital turnover ratio 5 timeg Return on Equity 15% Current liabilities RO. 400.000 Long term Debts 0 You are required to calculate: Proprietor's funds Fixed Assets Current assets Net profit ratio Current ratio
Calculate current ratio from the following:- Particular Total Assets Fixed Assets (Tangible) Shareholder funds Rs. Particular 3,00,000 Non-current Liabilities 1,60,000 Non-current Investments 2,00,000 Rs. 80,000 1,00,000
Category Accounts payable Accounts receivable Accruals Additional paid in capital Cash Common Stock COGS Current portion long-term debt Depreciation expense Interest expense Inventories Long-term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earnings Sales Taxes Prior Year Current Year ??? ??? 320,715 397,400 40,500 33,750 500,000 541,650 17,500 47,500 94,000 105,000 328,500 431,876.00 33,750 35,000 54,000 54,402.00 40,500 42,823.00 279,000 288,000 339,660.00 398,369.00 946,535 999,000 148,500 162,000 126,000 162,881.00 306,000 342,000 639,000 847,928.00 24,750 47,224.00 What is the current year's return on assets (ROA)? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
3. Account classification. ASSETS a. Current assets b. Long-term investments c. Plant and equipment d. Intangibles e. Other assets LIABILITIES AND CAPITAL f. Current liabilities g. Long-term liabilities h. Preferred stock i. Common stock j. Additional paid-in capital k. Retained earnings 1. Items excluded from balance sheet Using the letters above, classify the following accounts according to the preferred and ordinary balance sheet presentation. 1. Bond sinking fund 2. Purchase 3. Accumulated Depreciation 4. Bonds payable (due 12/31/2021) 5. Premium on common stock 6. Trading debt investments 7. Inventory 8. Prepaid Insurance Expense 9. Patents 10. Unearned rent revenue