Accountancy

From the following information, calculate Cash Flow from Investing Activities:

Particular31st March, 2019Amount (Rs.)31st March, 2018Amount (Rs.)Plant and Machinery10,00,0008,50,000Investment (Long-term)1,00,00040,000Land (At Cost)1,00,0002,00,000 Additional Information:1. Depreciation charged on Plant and Machinery Rs. 50,000.2. Plant and Machinery with a Book Value of Rs. 60,000…

Continue ReadingFrom the following information, calculate Cash Flow from Investing Activities:

From the following Balance Sheet of Combi last Ltd. for the year ended 31st March, 2019 and additional information, calculate Cash Flow from Investing Activities:

ParticularsNote No.31st March, 2019Amount (Rs.)31st March, 2018Amount (Rs.)I. EQUITY AND LIABILITIES1. Shareholders' Funds(a) Share Capital7,50,0005,00,000(b) Reserves and Surplus10,00,0008,50,0002. Current Liabilities4,50,0003,50,000Total22,00,00017,00,000II. ASSETS1. Non-Current Assets(a) Fixed Assets−Tangible Assets112,00,00012,00,000(b) Non-Current Investments5,00,0003,00,0002. Current Assets(a)…

Continue ReadingFrom the following Balance Sheet of Combi last Ltd. for the year ended 31st March, 2019 and additional information, calculate Cash Flow from Investing Activities:

From the following information, calculate Cash Flow from Investing Activities:

ParticularsAmount(Rs.)ParticularsAmount(Rs.)Purchase of Machine2,50,000Purchase of Investments1,60,000Purchase of Goodwill1,00,000Sale of Patents40,000Sale of Machine35,000Interest and Dividend Received10,000Sale of Investment50,000 A building was purchased as investment out of surplus which was let out for…

Continue ReadingFrom the following information, calculate Cash Flow from Investing Activities:

From the following details. Calculate Cash Flow from Investing Activities

ParticularsClosing AmountOpening AmountMachinery (At Cost)10,00,0009,50,000Accumulated Depreciation1,50,0001,10,000Patents2,00,0003,00,000 Additional Information:(1.) During the year, machine costing Rs. 90,000 with accumulated depreciation of Rs. 60,000 was sold for Rs. 50,000. (2.) Patents written off were Rs.…

Continue ReadingFrom the following details. Calculate Cash Flow from Investing Activities

Mars Ltd. has Plant and Machinery whose written down value on 1st April, 2017 was Rs. 9,60,000 and on 31st March, 2018 was Rs. 10,50,000. Depreciation for the year was Rs. 35,000. In the beginning of the year, a part of plant was sold for Rs. 45,000 which had a written down value of Rs. 30,000. Calculate Cash Flow from Investing Activities

SOLUTION

Continue ReadingMars Ltd. has Plant and Machinery whose written down value on 1st April, 2017 was Rs. 9,60,000 and on 31st March, 2018 was Rs. 10,50,000. Depreciation for the year was Rs. 35,000. In the beginning of the year, a part of plant was sold for Rs. 45,000 which had a written down value of Rs. 30,000. Calculate Cash Flow from Investing Activities

Calculate Cash Flow from Operating Activities from the following information: INCOME STATEMENT (STATEMENT OF PROFIT AND LOSS) for the year ended 31st March, 2019.

ParticularsNote No.Amount(Rs.)I. Revenue from Operations (Sales)5,98,000II. Other Income119,500III. Total Revenue (I + II)6,17,500IV. Expenses;Cost of Materials Consumed4,00,000Change in Inventories of Finished Goods and Work-in-Progress215,000Employee Benefit Expenses1,05,000Depreciation and Amortisation Expenses15,000Other Expenses320,000Total…

Continue ReadingCalculate Cash Flow from Operating Activities from the following information: INCOME STATEMENT (STATEMENT OF PROFIT AND LOSS) for the year ended 31st March, 2019.

Compute Cash Flow from Operating Activities from the following: (i) Profit for the year ended 31st March, 2019 is Rs. 10,000 after providing for depreciation of Rs. 2,000. (ii) Current Assets and Current Liabilities of the business for the year ended 31st March, 2018 and 2019 are as follows:

Particular31st March 2018Amount (Rs.)31st March 2019Amount (Rs.)Trade Receivables14,00015,000Provision for Doubtful Debts1,0001,200Trade Payables13,00015,000Inventories5,0008,000Other Current Assets10,00012,000Expenses Payables1,0001,500Prepaid Expenses2,0001,000Accrued Income3,0004,000Income Received in Advance2,0001,000 SOLUTION

Continue ReadingCompute Cash Flow from Operating Activities from the following: (i) Profit for the year ended 31st March, 2019 is Rs. 10,000 after providing for depreciation of Rs. 2,000. (ii) Current Assets and Current Liabilities of the business for the year ended 31st March, 2018 and 2019 are as follows:

Charles Ltd. earned a profit of Rs. 1,00,000 after charging depreciation of 20,000 on assets and a transfer to General Reserve of Rs. 30,000. Goodwill amortised was Rs. 7,000, and gain on sale of machinery was Rs. 3,000. Other information available is (changes in the value of Current Assets and Current Liabilities): trade receivables showed an increase of Rs. 3,000; trade payables an increase of Rs. 6,000; Prepaid expenses an increase of Rs. 200; and outstanding expenses a decrease of Rs. 2,000. Ascertain Cash Flow from Operating Activities.

SOLUTION

Continue ReadingCharles Ltd. earned a profit of Rs. 1,00,000 after charging depreciation of 20,000 on assets and a transfer to General Reserve of Rs. 30,000. Goodwill amortised was Rs. 7,000, and gain on sale of machinery was Rs. 3,000. Other information available is (changes in the value of Current Assets and Current Liabilities): trade receivables showed an increase of Rs. 3,000; trade payables an increase of Rs. 6,000; Prepaid expenses an increase of Rs. 200; and outstanding expenses a decrease of Rs. 2,000. Ascertain Cash Flow from Operating Activities.