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CASH FLOW STATEMENT- Full Fledged Question Part - 7 Class 12th Accounts Session 2024-25
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CASH FLOW STATEMENT- Full Fledged Question Part - 7 Class 12th Accounts Session 2024-25
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43. Following is the Balance Sheet of Fine Products Ltd. as at 31st March, 2023:
Particulars
1. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Share Capital: Equity Share Capital
(b) Reserves and Surplus
2. Current Liabilities
(a) Trade Payables.
(b) Other Current Liabilities
(c) Short-term Provisions
Total
II. ASSETS
1. Non-Current Assets
(a) Property, Plant and Equipment and Intangible Assets:
(i) Property, Plant and Equipment
(ii) Intangible Assets (Goodwill)
(b) Non-Current Investments
2. Current Assets
(a) Inventories.
(b) Trade Receivables
Note No.
31st March, 2023 (2)
31st March, 2022 (₹)
2
3
3,50,000
57,000
38,000
53,000
35,000
6,000 8,000
32,000
28,000
4,98,000
4,09,000
2,48,000 2,00,000
40,000
50,000
35,000 10,000
39,000 57,000
1,08,000 75,000
28,000
17,000
4,98,000
4,09,000
(c) Cash and Bank Balances
Total
Notes to Accounts
Particulars
31st March, 2023 (₹)
31st March, 2022 (₹)
1. Reserves and Surplus
General Reserve
30,000
20,000
Surplus, i.e., Balance in Statement of Profit & Loss
27,000
18,000
57,000
38,000
2. Short-term Provisions
Provision for Tax
32,000
28,000
3. Property, Plant and Equipment
Land and Building
57,000
1,10,000
Plant and Machinery
1,91,000
90,000
2,48,000
2,00,000
Note: Proposed dividend on equity for the years ended 31st March, 2022 and 2023 are 39,000 and 45,000 respectively.
You are required to prepare Cash Flow Statement for the year ended 31st March, 2023.
[Ans.: Cash Flow from Operating Activities=73,000; Cash Used in Investing Activities = 73,000;
#msacademyaccounts
#cashflowstatement
#accounts
#accounting
Instagram Link :
43. Following is the Balance Sheet of Fine Products Ltd. as at 31st March, 2023:
Particulars
1. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Share Capital: Equity Share Capital
(b) Reserves and Surplus
2. Current Liabilities
(a) Trade Payables.
(b) Other Current Liabilities
(c) Short-term Provisions
Total
II. ASSETS
1. Non-Current Assets
(a) Property, Plant and Equipment and Intangible Assets:
(i) Property, Plant and Equipment
(ii) Intangible Assets (Goodwill)
(b) Non-Current Investments
2. Current Assets
(a) Inventories.
(b) Trade Receivables
Note No.
31st March, 2023 (2)
31st March, 2022 (₹)
2
3
3,50,000
57,000
38,000
53,000
35,000
6,000 8,000
32,000
28,000
4,98,000
4,09,000
2,48,000 2,00,000
40,000
50,000
35,000 10,000
39,000 57,000
1,08,000 75,000
28,000
17,000
4,98,000
4,09,000
(c) Cash and Bank Balances
Total
Notes to Accounts
Particulars
31st March, 2023 (₹)
31st March, 2022 (₹)
1. Reserves and Surplus
General Reserve
30,000
20,000
Surplus, i.e., Balance in Statement of Profit & Loss
27,000
18,000
57,000
38,000
2. Short-term Provisions
Provision for Tax
32,000
28,000
3. Property, Plant and Equipment
Land and Building
57,000
1,10,000
Plant and Machinery
1,91,000
90,000
2,48,000
2,00,000
Note: Proposed dividend on equity for the years ended 31st March, 2022 and 2023 are 39,000 and 45,000 respectively.
You are required to prepare Cash Flow Statement for the year ended 31st March, 2023.
[Ans.: Cash Flow from Operating Activities=73,000; Cash Used in Investing Activities = 73,000;
#msacademyaccounts
#cashflowstatement
#accounts
#accounting
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