|
Liabilities |
Year 1999 |
Year 2000 |
Assets |
Year 1999 |
Year 2000 |
|
Current Liabilities |
2,40,000 |
2,80,000 |
Cash |
30,000 |
20,000 |
|
Loan from Bhaskar |
– |
1,20,000 |
Debtors |
2,50,000 |
2,70,000 |
|
Bank Loan |
3,20,000 |
2,90,000 |
Stock |
1,90,000 |
1,60,000 |
|
Capital |
9,60,000 |
10,00,000 |
Land |
2,00,000 |
2,50,000 |
|
Building |
3,70,000 |
4,40,000 |
|||
|
Machinery |
4,80,000 |
5,50,000 |
|||
|
15,20,000 |
16,90,000 |
15,20,000 |
16,90,000 |
Balance Sheets of Bhaskar & Soumya Co. are given as follows:
During the year 2000, Bhaskar & Soumya introduced an additional capital of Rs. 20,000 and drew Rs. 60,000.
Provision for depreciation on machinery: Opening Balance—Rs. 2,00,000 and Closing Balance—Rs. 2,20,000. No depreciation was provided on other assets. The value of building was increased by Rs. 25,000 and the same was adjusted with the capital account.
Prepare the Cash Flow Statement of Bhaskar & Soumya Co. for the year 2000.