Question

Form the following Balance Sheets of Samta Ltd as at 31st March, 2019 perpare Cash Flow Statement:


Additional Information:
(i). During the year a pleac of machinery costing ₹60,000 on which deprection charged was ₹ 20,000 was sold at 50% of its book value. Depreciation provided on tangible Assets ₹ 60,000.
(ii) Income tax ₹ 45,000 was provided.
(iii) Additional Debenture were issued at par on 1st October, 2018 and Bank Loan was repaid on the same date.
(iv) At the edn of the years Perfence Share were redeemed at a premium of 5 %.

Answer 1

Correct Answer - Net Cash Flol from Operating Activites = ₹ 3,75,000; Net Cash Used in Investing Activities = ₹ 3,65,000; Net Cash Flow form Financing Activities = ₹ 85,000; Net Increase in Cash and Cash Equivalents = ₹ 95,000.