URGENT Following are Balance Sheet of a Limited Co. as on 31st Dec.2013 and 2014....
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URGENT Following are Balance Sheet of a Limited Co. as on 31st Dec.2013 and 2014. (15 marks)
Balance Sheet
Liabilities 2013 2014 Assets 2013 2014
Share Capital 61,000 74,000 Plant 45,000 43,000
Reserves 13,000 15,500 Building 50,950 48,000
Creditors 28,000 24,000 Stock 20,500 18,800
Bank O/D 18,000 0 Debtors 20,000 16,200
Prov for Tax 8,000 8,500 Cash 150 180
Profit & Loss 8,600 8,800 Bank 0 2,100
Goodwill 0 2,520
1,36,600 1,30,800 1,36,600 1,30,800
Considering the following information, calculate funds from operations, investment and
financial activities and prepare cashflow statement: -
1) Dividend proposed for Rs. 4,000.2) Provision of Rs.9,000 was made for Income Tax.
3) Rs. 2000 was written off as depreciation on Plant and Rs.2,950 on Building.
4) Profit on Sale of plant Rs. 1,500. Cost of Plant sold was 6000.
URGENT Following are Balance Sheet of a Limited Co. as on 31st Dec.2013 and 2014. (15 marks)
Balance Sheet
Liabilities 2013 2014 Assets 2013 2014
Share Capital 61,000 74,000 Plant 45,000 43,000
Reserves 13,000 15,500 Building 50,950 48,000
Creditors 28,000 24,000 Stock 20,500 18,800
Bank O/D 18,000 0 Debtors 20,000 16,200
Prov for Tax 8,000 8,500 Cash 150 180
Profit & Loss 8,600 8,800 Bank 0 2,100
Goodwill 0 2,520
1,36,600 1,30,800 1,36,600 1,30,800
Considering the following information, calculate funds from operations, investment and
financial activities and prepare cashflow statement: -
1) Dividend proposed for Rs. 4,000.2) Provision of Rs.9,000 was made for Income Tax.
3) Rs. 2000 was written off as depreciation on Plant and Rs.2,950 on Building.
4) Profit on Sale of plant Rs. 1,500. Cost of Plant sold was 6000.
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