Question

From the following Balance Sheet of Kumar Ltd., as 31st Marach, 2019, prepare Cash Flow Statement:

Additional Information:
1. During the year, a machinery costing ₹ 20,000 was sold ₹ 6,000.
2. Dividend paid during the years ₹ 50,000.

Answer 1

Correct Answer - Cash Flow from Operating Activities = ₹ 5,58,000; Cash Used in Investing Activities = ₹ 5,14,000; Cash Flow From Financing Activities Activities =₹ 2,56,000; Net Increase in Cash and Cash Equivalents = ₹ 3,00,000.