Prepare cash flow statement for the following Balance sheet as on 31st March

Finance ManagementAccountingAcademic Content

Liabilities20042005Assets20042005
Share capital100000110000Land and building6000060000
Profit and loss a/c Loans2000023000Plant and machinery3500045000
Loans-1000stock2000025000
Creditors1500018000Debtors1800028000
Bills payable50004000Bills receivable20001000



Cash50006000

140000165000
5000165000

SOLUTION

The solution is as follows −

InflowRs.OutflowRs.
Balance b/d5000Purchase of plant10000
Issued share capital10000Increase current Assets
Loan10000Stock
Cash opening profit3000Decrease in bills payable5000
Decrease in bills1000Balance c/d10000
Receivable3000
1000
Increase in creditors

6000

32000
32000
raja
Published on 11-Aug-2020 11:28:43
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