Скачать или смотреть Q4. From following Balance Sheet of Sunlight Ltd. and additional information prepare aCash Flow

Q4. From following Balance Sheet of Sunlight Ltd. and additional information prepare a
Cash Flow Statement for the year ended 31st March 2020, as per AS­3.
Particulars Notes 01.04.2020

31.03.2019

I. EQUITY AND LIABILITIES
(1) Shareholders’ Funds:
(a) Share Capital 1 20,25,000 18,75,000
(b) Reserves and Surplus 2 46,67,500 43,03,750
(2) Long term Borrowings ( 15% Debentures) 3,75,000 7,50,000
(3) Current Liabilities:
(a) Trade Payables 3 10,12,500 9,37,500
(b) Short­term Provisions 4 547500 371250
(c) Other Current Liabilities 5
73,750

92,500
Total 87,01,250 83,30,000
II ASSETS
(1) Non­current Assets:
(a) Fixed Assets (Tangible) 6 44,43,750 37,87,500
(b) Intangible assets (Patents) 37,500 22,500
(b) Non­current Investments 5,23,750 9,17,500
(2) Current Assets:
(a) Inventories 17,32,500 17,02,500
(b) Trade receivables 7 14,57,500 15,25
(c) Cash and Cash Equivalents 5,06,250 3,75,000
TOTAL 87,01,250 83,30,000
Notes to Accounts:
Particulars () ()
1.Share Capital:
Equity Shares of 10 each

20,25,000

18,75,000
2.Reserves and Surplus
(i)Securities Premium
5,57,500

5,42,500
(iii) Surplus (Profit and Loss)
41,10,000

37,61,250
46,67,500 43,03,750
3.Trade Payables
Creditors
8,25,000

6,75,000
Bills Payables
1,87,500

2,62,500

10,12,500

9,37,500
4.Short Term Provisions
Provision for Taxation 547500 371250
5. Other Current Liabilities
Expenses Due

73,750

92,500
6.Fixed Assets
(i) Land
5,62,500

5,62,500
(ii) Building 30,93,750 26,81,250
Less Accumulated (9,37,500) (8,62,500)
Depreciation

21,56,250

18,18,750
(ii) Plant 20,62,500 16,87,500
Less Accumulated (3,37,500) (2,81,250)
Depreciation

17,25,000

14,06,250

44,43,750

37,87,500
7.Trade Receivables
Debtors 15,00,000 15,93,750
Less: Provision for (75,000) (93,750)
doubtful debts

14,25,000

15,00,000
Bills Receivables
32,500 25,