Question

Form the following Balance Sheets and information of Volvo Ltd., perpare Cash Flow Statement .

Additional Information:

(ii) A machine with a book value of ₹ 20,000 was sold for ₹ 12,500.
(iii) Depreciation charged during the year was ₹ 35,000.
(iv) Perfernce shars were redeemed on 31 st March, 2018 at a permium of 5%.
(v) An interim divided of ₹5,000 was paid on equity shars on 31st March , 2019 out General Reserve,
(vi) Fresh equity shares were issued on 31st March , 2019, and
(vii) Additional investments were purchased on 31st March, 2019.

Answer 1

Correct Answer - Cash Flow fom Operating Activites = ₹ 1,35,000 ; Cash Used in Investing Activites = ₹ 1,21,000; Cash Flow from Financing Financing Activites = ₹ 500; Net Increse in Cash and Cash Equivalents = ₹ 500;