Following is the financial statement of Garima Ltd., prepare cash flow statement. Balance Sheet As on 31st December, 2011 Capital and Liabilities2010 (Rs.)2011 (Rs.)Assets2010 (Rs.)2011 (Rs.)Equity Share Capital2,00,0003,00,000Plant and Machinery2,00,0003,64,000Preference Share Capital80,0001,40,000Stock60,0001,60,000Creditors56,0001,56,000Debtors20,00080,000Provision for Taxation4,00012,000Bank80,00028,000Profit & Loss Account28,00040,000Prepaid Expenses8,00016,000¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 3,68,000––––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 6,48,000–––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 3,68,000––––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 6,48,000––––––––––– Profit and Loss Account for the year ended December 31, 2011 ParticularsAmt. (Rs.) ParticularsAmt. (Rs.)Opening Stock60,000Sales5,00,000Purchase4,92,000Closing Stock1,60,000Gross Profit c/d1,08,000¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 6,60,000–––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 6,60,000–––––––––––Salary44,000Gross Profit b/d1,08,000Depreciation32,000Provision for Tax16,000Net Profit c/d16,000¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,08,000–––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,08,000–––––––––––Dividend4,000Balance b/d28,000Balance c/d40,000Net Profit b/d16,000¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 44,000––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 44,000––––––––––

Following is the financial statement of Garima Ltd., prepare cash flow

1.	Following is the financial statement of Garima Ltd., prepare cash flow statement. Balance Sheet As on 31st December, 2011 Capital and Liabilities2010 (Rs.)2011 (Rs.)Assets2010 (Rs.)2011 (Rs.)Equity Share Capital2,00,0003,00,000Plant and Machinery2,00,0003,64,000Preference Share Capital80,0001,40,000Stock60,0001,60,000Creditors56,0001,56,000Debtors20,00080,000Provision for Taxation4,00012,000Bank80,00028,000Profit & Loss Account28,00040,000Prepaid Expenses8,00016,000¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 3,68,000––––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 6,48,000–––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 3,68,000––––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 6,48,000––––––––––– Profit and Loss Account for the year ended December 31, 2011 ParticularsAmt. (Rs.) ParticularsAmt. (Rs.)Opening Stock60,000Sales5,00,000Purchase4,92,000Closing Stock1,60,000Gross Profit c/d1,08,000¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 6,60,000–––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 6,60,000–––––––––––Salary44,000Gross Profit b/d1,08,000Depreciation32,000Provision for Tax16,000Net Profit c/d16,000¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,08,000–––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,08,000–––––––––––Dividend4,000Balance b/d28,000Balance c/d40,000Net Profit b/d16,000¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 44,000––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 44,000––––––––––
Answer» Following is the financial statement of Garima Ltd., prepare cash flow statement. Balance Sheet As on 31st December, 2011 $\begin{matrix} Capital and Liabilities & 2010 (Rs.) & 2011 (Rs.) & Assets & 2010 (Rs.) & 2011 (Rs.) Equity Share Capital & 2, 00, 000 & 3, 00, 000 & Plant and Machinery & 2, 00, 000 & 3, 64, 000 Preference Share Capital & 80, 000 & 1, 40, 000 & Stock & 60, 000 & 1, 60, 000 Creditors & 56, 000 & 1, 56, 000 & Debtors & 20, 000 & 80, 000 Provision for Taxation & 4, 000 & 12, 000 & Bank & 80, 000 & 28, 000 Profit & Loss Account & 28, 000 & 40, 000 & Prepaid Expenses & 8, 000 & 16, 000 ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 3, 68, 000 - ---------- - & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 6, 48, 000 - --------- - & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 3, 68, 000 - ---------- - & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 6, 48, 000 - --------- - \end{matrix}$ Profit and Loss Account for the year ended December 31, 2011 $\begin{matrix} Particulars & Amt. (Rs.) & Particulars & Amt. (Rs.) Opening Stock & 60, 000 & Sales & 5, 00, 000 Purchase & 4, 92, 000 & Closing Stock & 1, 60, 000 Gross Profit c/d & 1, 08, 000 ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 6, 60, 000 - --------- - & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 6, 60, 000 - --------- - Salary & 44, 000 & Gross Profit b/d & 1, 08, 000 Depreciation & 32, 000 Provision for Tax & 16, 000 Net Profit c/d & 16, 000 ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 1, 08, 000 - --------- - & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 1, 08, 000 - --------- - Dividend & 4, 000 & Balance b/d & 28, 000 Balance c/d & 40, 000 & Net Profit b/d & 16, 000 ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 44, 000 - -------- - & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 44, 000 - -------- - \end{matrix}$

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