Saved Bookmarks
| 1. |
From the following information, prepare Cash Flow Statement for Pioneer Ltd. |
Answer» Solution :  WORKING Notes:  (2) PATENTS of Rs 5,000 (i.e., Rs 1,00,000 – Rs 95,000) were written-off during the year, and depreciation on furniture Rs 30,000. (Rs 3,00,000 – Rs 2,70,000) (3) It is ASSUMED that dividend of Rs 50,000 and tax of Rs 30,000 provided in 2015 - 2016 has been paid during the year 2016-17. Hence, proposed dividend and provision for tax during the year amounts to Rs 70,000 and Rs 50,000 respectively. 
|
|