From the following information, prepare the Cash Flow Statement for the year that ended on 31 March 2009:
Balance Sheets as on____________
|
Liabilities |
31 March |
31 March |
Assets |
31 March |
31 March |
|
Share Capital |
2,00,000 |
3,00,000 |
Land & Building |
1,20,000 |
1,70,000 |
|
Profit & Loss A/c |
40,000 |
90,000 |
Machinery |
1,60,000 |
2,40,000 |
|
Bank Loan |
1,00,000 |
60,000 |
Stock |
60,000 |
40,000 |
|
Creditors |
50,000 |
75,000 |
Debtors |
50,000 |
50,000 |
|
Bills Payable |
40,000 |
25,000 |
Cash |
40,000 |
50,000 |
|
4,30,000 |
5,50,000 |
4,30,000 |
5,50,000 |
Additional Information:
- Net profit for the year 2008–09 amounted to Rs. 50,000.
- During the year 2008–09, a machine costing Rs. 50,000 (accumulated depreciation—Rs. 20,000) was sold for Rs. 25,000. The provision for depreciation against Machinery as on 31 March 2008 was Rs. 30,000 and on 31 March 2009 was Rs. 70,000.