The Balance Sheet of Bollywood Ltd as on 31 March 2008 and 31 March 2009 are as follows:
Balance Sheets (Rs. in ’000)
|
Liabilities |
As on 31 |
As on 31 |
Assets |
As on 31 |
As on 31 |
|
Equity Share Capital |
350 |
400 |
Fixed Assets |
210 |
320 |
|
General Reserve |
20 |
– |
Stock |
90 |
140 |
|
Profit & Loss A/c |
40 |
– |
Debtors |
60 |
44 |
|
Secured Loan |
– |
180 |
Bills Receivable |
50 |
75 |
|
Sundry Creditors |
30 |
45 |
Investment |
70 |
40 |
|
Bills Payable |
50 |
25 |
Cash |
30 |
31 |
|
Outstanding Expenses |
10 |
30 |
Profit & Loss A/c |
– |
30 |
|
Unpaid Dividend |
10 |
– |
|||
|
510 |
680 |
510 |
680 |
Accumulated depreciation was Rs. 60,000 on 31 March 2008 and on 31 March 2009, it was Rs. 57,000. Machinery costing Rs. 1,70,000, having a WDV of Rs. 80,000, was sold for Rs. 70,000.
Prepare a Cash Flow Statement for the year that ended on 31 March 2009 as per AS-3.