Q.32) Prepare Cash Flow Statement for the year ended 31st March 2019 from following Balance Sheets Particulars Note no. 31st March 2020(`) 31st March 2019(`) EQUITY AND LIABILITIES 1. Shareholders’ Funds a) Share Capital b) Reserves and Surplus 2. Non-Current Liabilities a) Long-Term Borrowings (10% Debentures) 3. Current Liabilities a) Short-term Borrowings (Bank Overdraft) b) Trade Payables c) Short term Provisions ASSETS 1. Non-Current Assets a) Tangible Assets b) Intangible Assets (Goodwill) c) Non-Current Investments 2. Current Assets a) Current Investments b) Inventories c) Trade Receivables d) Cash and Cash Equivalents 1 2 3 4 10,00,000 (20,000) 8,00,000 5,00,000 70,000 70,000 24,20,000 8,20,000 70,000 13,20,000 40,000 60,000 80,000 30,000 24,20,000 6,00,000 (1,50,000) 10,00,000 3,00,000 50,000 50,000 18,50,000 10,40,000 50,000 5,00,000 50,000 80,000 90,000 40,000 18,50,000 Notes to Accounts Particulars 31st March 2020(`) 31st March 2019(`) Additional Information: 1) Tax provided during the year ` 65,000. 2) 10% Debentures were redeemed on 1st oct.2019 3) During the year Machinery costing ` 70,000( Accumulated Depreciation ` 20,000) was sold at gain of 10% of book value. (6) Note no. 1 Share Capital Equity Share Capital Preference Share Capital Note No. 2 Reserves and Surplus Balance is Statement of Profit and Loss General Reserve Note No. 3 Short- term Provisions Provision for Tax Note No.4 Tangible Assets Land and Buildings Plant and Machinery Less: Accumulated Depreciation 5,00,000 5,00,000 (1,00,000) 80,000 70,000 5,00,000 4,00,000 (80,000) 3,20,000 3,00,000 3,00,000 (2,00,000) 50,000 50,000 8,00,000 3,00,000 (60,000) 2,40,000