Problem.No.

Problem.No.8
The following are the summarized balance sheets of A & co. as on 31st March 2020 and 2021.
Liabilities 2020 2021 Assets 2020 2021
Rs. Rs. Rs. Rs.
Share capital 2,00,000 2,50,000 Land & buildings 2,00,000 1,90,000
General reserves 50,000 60,000 Machinery 1,50,000 1,69,000
P&L a/c 30,500 30,600 Stock 1,00,000 74,000
Bank loan(long –term) 70,000 -- Debtors 80,000 64,200
Sundry Creditors 1,50,000 1,35,200 Cash 500 600
Provision for taxation 30,000 35,000 Bank -- 8,000
Goodwill -- 5,000
5,30,500 5,10,800 5,30,500 5,10,800
Additional information:
 Dividend of Rs.23,000 was paid
 Assets of another company were purchased for a consideration of Rs.50,000 payable in shares. The following assets
were purchased stock- Rs.20,000,machinery-Rs.25,000.
 Machinery was further purchased for Rs.8,000
 Depreciation Written off on machine-Rs.12,000; Income Tax provided during the year Rs.33,000
 Loss on sale of machinery Rs.200 was written off to General reserve.
You are required to prepare the cash flow statement. Working notes form part of your answer.

Problem.No.9
The following are the summarized balance sheets of Surya Ltd as on 31st March 2020 and 2021.
Liabilities 2020 2021 Assets 2020 2021
Rs. Rs. Rs. Rs.
Creditors 39,500 41,135 Cash 2,500 2,700
Bills payable 33,780 11,525 Debtors 85,175 72,625
Overdraft 59,510 - Sundry advances 2,315 735
Provision for taxation 40,000 50,000 Stock 1,11,040 97,370
Reserves 50,000 50,000 Land &Building 1,48,500 1,44,250
P&L account 39,690 41,220 Plant and machinery 1,12,950 1,16,200
Share capital 2,00,000 2,60,000 Good will - 20,000
4,62, 480 4,53,880 4,62, 480 4,53,880
During the year ended 31-3-2021 an interim dividend of Rs 26,000 was paid
  The assets of another company were purchased for Rs 60,000 payable in fully paid shares of the company. These
assets consists of stock Rs 21,640, Machinery Rs 18,360 and good will Rs 20,000
 In addition plant were purchased for Rs 5,650
 Income tax paid during the year Rs 25,000
 The net profit for the year before tax was Rs 62,500.
 Prepare cash flow statement

Problem.No.10
The comparative balance sheets of B Ltd. for the two years were as follows:
Liabilities 2020 2021 Assets 2020 2021
Rs. Rs. Rs. Rs.
Loan from SBI -- 20,000 Cash 11,000 15,000
Bills payable 12,000 8,000 Debtors 40,000 35,000
Creditors 25,000 52,000 Stock 25,000 30,000
Bank overdraft 43,000 60,000 Machinery 20,000 14,000
Capital 66,000 34,000 Buildings 50,000 80,000
1,46,000 1,74,000 1,46,000 1,74,000

Additional information:
1. Net loss for the year amounted to Rs.13,000;
2. During the year a machine costing Rs.5,000(accumulated depreciation Rs.2,000) was sold for Rs.2,500.
The provision for depreciation against machinery as on 31-03-20 was Rs.6,000 and on 31-03-21 Rs.7,000.
From the following information prepare cash flow statement.