From the following Balance sheet of Grow More Ltd as at 31st March, 2019 perpare Cash Flow Statement :
Additional Information:
(i) ) During the year a piece of machinery costing ₹36,000 on which depreciation charged was ₹12,000 was sold for ₹12,000. Depreciation provided Tangible Assets ₹36,000.
(ii) (ii) Income Tax 7 27,000 was provided.
(iii) Additional Debenturs were issued at par on 1st October, 2018 and Bank loan was reparid on the same date.
(iv) The shareholders approved the redemption of 10% Preference Shares of ₹60,000 at premium of 5% at their Annual General Meeting held on 20th September, 2018, although the terms of issue did not provide for redemption at a premium. Accordingly, the shares were redeemed.
