From the following Balance Sheets as on 31 December 2000 and 31 December 2001 and from the additional information of Kalyani Ltd, you are required to prepare a Cash Flow Statement:
|
Liabilities |
As on 31 |
As on 31 |
Assets |
As on 31 |
As on 31 |
|
Share Capital |
1,82,000 |
1,86,000 |
Goodwill |
10,000 |
5,000 |
|
Profit & Loss A/c |
13,040 |
13,560 |
Land |
40,000 |
50,000 |
|
Debentures |
40,030 |
– |
Plant & Machinery |
1,00,000 |
66,000 |
|
Sundry Creditors |
14,360 |
15,840 |
Closing Stock |
69,200 |
62,700 |
|
Provision for Doubtful Debt |
1,000 |
1,100 |
Sundry Debtors |
19,200 |
22,000 |
|
Cash in Hand |
12,000 |
10,800 |
|||
|
2,50,400 |
2,16,500 |
2,50,400 |
2,16,500 |
Additional Information:
- A dividend of Rs. 5,000 was paid.
- Provision for tax made during the year—Rs. 9,000.
- During the year, a machine costing Rs. 20,000 (accumulated depreciation—Rs. 6,000) was sold for Rs. 11,000.
- The provision for depreciation against Plant and Machinery as on 31 December 2000 was Rs. 30,000 and on 31 December 2001 was Rs. 44,000.