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  • Liabilities 2004 2005 Assets 2004 2005

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    Anand Sudarshan
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    1. The company increased its equity capital and decreased its P&L account balance from 2004 to 2005. It also took on a new mortgage loan liability of Rs. 5000 in 2005. 2. From 2003 to 2002, the company's P&L account balance and long term loans increased while its outstanding wages and income tax payable decreased. Its cash, debtors, and long term investments also increased over this time period.

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    1. The company increased its equity capital and decreased its P&L account balance from 2004 to 2005. It also took on a new mortgage loan liability of Rs. 5000 in 2005. 2. From 2003 to 2002, the company's P&L account balance and long term loans increased while its outstanding wages and income tax payable decreased. Its cash, debtors, and long term investments also increased over this time period.

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    8 views1 page

    Liabilities 2004 2005 Assets 2004 2005

    Uploaded by

    Anand Sudarshan
    1. The company increased its equity capital and decreased its P&L account balance from 2004 to 2005. It also took on a new mortgage loan liability of Rs. 5000 in 2005. 2. From 2003 to 2002, the company's P&L account balance and long term loans increased while its outstanding wages and income tax payable decreased. Its cash, debtors, and long term investments also increased over this time period.

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    © All Rights Reserved
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    of 1

    Problems on funds flow statements

    1. From the following prepare fund flow statements


    Liabilities
    Equity capital
    P&L A/c
    Mortgage loan
    Creditors

    2004
    80000
    14500
    9000

    2005
    85000
    24500
    5000
    5000

    103500

    119500

    Assets
    Land and building
    Plant and machinery
    Stock
    Debtors
    Cash

    2004
    50000
    24000
    9000
    16500
    4000
    103500

    2005
    50000
    34000
    7000
    19500
    9000
    119500

    Additional information:
    a. Depreciation provided on land and building Rs. 5000
    2. Prepare fund flow statement
    Liabilities
    Capital
    P&L A/c
    Long term Loans
    Short term loans
    Creditors
    O/s wages
    Income tax payable

    2003
    10000
    15400
    8000
    2400
    3600
    800
    3400
    43600

    2002
    10000
    5200
    6000
    2400
    3600
    1400
    3800
    32400

    Assets
    Cash
    Debtors
    Stock
    Long term investments
    plant
    Prepaid insurance

    2003
    5400
    6600
    9200
    12000
    9600
    800

    2002
    5600
    3400
    5400
    7000
    10600
    400

    43600

    32400

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