From the following Balance Sheet of Akshya Ltd. as on 31-3-2012 and 31

1.	From the following Balance Sheet of Akshya Ltd. as on 31-3-2012 and 31-3-2013, prepare a Cash Flow Statement. ParticularsNote31−3−201331−3−2012No. (Rs) (Rs) I.Equity and Liabilities(1) Shareholders' Funds (a) Share Capital65,00045,000 (b) Reserve and Surplus142,50024,000(2) Current Liabilities Trade Payables (Creditors)11,0008,700 Total1,18,50077,700II.Assets(1) Non-current Assets (a) Fixed Assets83,00046,700(2) Current Assets (a) Inventories (Stock)13,00011,000 (b) Trade Receivables (Debtors)19,50018,000 (c) Cash and Cash Equivalents (Cash)3,0002,000 Total1,18,50077,700 Notes to Accounts : Note Particulars31st March, 201331st March, 2012No. (Rs) (Rs) 1Reserves and SurplusGeneral Reserves27,50015,000Balance in Statement of Profit and Loss15,00010,000Preliminary Expenses –– (1,000) Total42,50024,000 Additional Information : (i) Depreciation on Fixed Assets for the year 2012-13 was Rs 14,700. (ii) An interim dividend Rs 7,000 has been paid to the shareholders during the year.
Answer» From the following Balance Sheet of Akshya Ltd. as on 31-3-2012 and 31-3-2013, prepare a Cash Flow Statement. $\begin{matrix} Particulars & Note & 31 - 3 - 2013 & 31 - 3 - 2012 No. & (Rs) & (Rs) I. & Equity and Liabilities (1) Shareholders' Funds (a) Share Capital & 65, 000 & 45, 000 (b) Reserve and Surplus & 1 & 42, 500 & 24, 000 (2) Current Liabilities Trade Payables (Creditors) & 11, 000 & 8, 700 Total & 1, 18, 500 & 77, 700 II. & Assets (1) Non-current Assets (a) Fixed Assets & 83, 000 & 46, 700 (2) Current Assets (a) Inventories (Stock) & 13, 000 & 11, 000 (b) Trade Receivables (Debtors) & 19, 500 & 18, 000 (c) Cash and Cash Equivalents (Cash) & 3, 000 & 2, 000 Total & 1, 18, 500 & 77, 700 \end{matrix}$ Notes to Accounts : $\begin{matrix} Note & Particulars & 31st March, 2013 & 31st March, 2012 No. & (Rs) & (Rs) 1 & Reserves and Surplus General Reserves & 27, 500 & 15, 000 Balance in Statement of Profit and Loss & 15, 000 & 10, 000 Preliminary Expenses & - - & (1, 000) Total & 42, 500 & 24, 000 \end{matrix}$ Additional Information : (i) Depreciation on Fixed Assets for the year 2012-13 was Rs 14,700. (ii) An interim dividend Rs 7,000 has been paid to the shareholders during the year.

From the following Balance Sheet of Akshya Ltd. as on 31-3-2012 and 31-3-2013, prepare a Cash Flow Statement. ParticularsNote31−3−201331−3−2012No. (Rs) (Rs) I.Equity and Liabilities(1) Shareholders' Funds (a) Share Capital65,00045,000 (b) Reserve and Surplus142,50024,000(2) Current Liabilities Trade Payables (Creditors)11,0008,700 Total1,18,50077,700II.Assets(1) Non-current Assets (a) Fixed Assets83,00046,700(2) Current Assets (a) Inventories (Stock)13,00011,000 (b) Trade Receivables (Debtors)19,50018,000 (c) Cash and Cash Equivalents (Cash)3,0002,000 Total1,18,50077,700 Notes to Accounts : Note Particulars31st March, 201331st March, 2012No. (Rs) (Rs) 1Reserves and SurplusGeneral Reserves27,50015,000Balance in Statement of Profit and Loss15,00010,000Preliminary Expenses –– (1,000) Total42,50024,000 Additional Information : (i) Depreciation on Fixed Assets for the year 2012-13 was Rs 14,700. (ii) An interim dividend Rs 7,000 has been paid to the shareholders during the year.

Answer»

From the following Balance Sheet of Akshya Ltd. as on 31-3-2012 and 31-3-2013, prepare a Cash Flow Statement.
$\begin{matrix} Particulars & Note & 31 - 3 - 2013 & 31 - 3 - 2012 No. & (Rs) & (Rs) I. & Equity and Liabilities (1) Shareholders' Funds (a) Share Capital & 65, 000 & 45, 000 (b) Reserve and Surplus & 1 & 42, 500 & 24, 000 (2) Current Liabilities Trade Payables (Creditors) & 11, 000 & 8, 700 Total & 1, 18, 500 & 77, 700 II. & Assets (1) Non-current Assets (a) Fixed Assets & 83, 000 & 46, 700 (2) Current Assets (a) Inventories (Stock) & 13, 000 & 11, 000 (b) Trade Receivables (Debtors) & 19, 500 & 18, 000 (c) Cash and Cash Equivalents (Cash) & 3, 000 & 2, 000 Total & 1, 18, 500 & 77, 700 \end{matrix}$

Notes to Accounts :
$\begin{matrix} Note & Particulars & 31st March, 2013 & 31st March, 2012 No. & (Rs) & (Rs) 1 & Reserves and Surplus General Reserves & 27, 500 & 15, 000 Balance in Statement of Profit and Loss & 15, 000 & 10, 000 Preliminary Expenses & - - & (1, 000) Total & 42, 500 & 24, 000 \end{matrix}$

Additional Information :

(i) Depreciation on Fixed Assets for the year 2012-13 was Rs 14,700.

(ii) An interim dividend Rs 7,000 has been paid to the shareholders during the year.

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