Question

Following was the Balance Sheet of M.M Ltd., as at 31st March 2015:

Additional Infromation :
1. 12% Debenture were redeemed on 31st March , 2015.
2. Tax ₹ 70,000 was paid during the year.
Prepare Cash Flow Statement.

Answer 1

Correct Answer - Cash Flow from operating Activities = ₹ 3,37,000;
Cash Used in Investing Activities = ₹ 4,07,000;
Cash Flow form Financing Activities = ₹ 90,000;
Net Increase in Cash and Cash Equivalents = ₹ 20,000.