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Q48. From the following Balance Sheet of JY Ltd. as at 31st March 2017, Prepare Cash Flow Statement:
| Particulars | 31st March, 2017 (₹) | 31st March, 2016 (₹) |
| I. EQUITY AND LIABILITIES | ||
| Shareholder’s Funds (a) Share Capital (b) Reserves and Surplus | 5,00,000 1,00,000 | 5,00,000 (25,000) |
| Non-Current Liabilities Long-term Borrowings | 2,50,000 | 1,50,000 |
| Current Liabilities (a) Short-term Borrowings (b) Short-term Provisions | 1,50,000 1,25,000 | 1,00,000 75,000 |
| Total | 11,25,000 | 8,00,000 |
| II. Assets | ||
| Non-Current Assets Property, Plant and Equipment and Intangible Assets: -Property, Plant and Equipment | 6,00,000 | 4,50,000 |
| Current Assets (a) Trade Receivables (b) Cash and Cash Equivalents (c) Short-term Loans and Advances | 2,75,000 50,000 2,00,000 | 2,25,000 25,000 1,00,000 |
| Total | 11,25,000 | 8,00,000 |
Notes to Accounts
| Particulars | 31st March, 2017 (₹) | 31st March, 2016 (₹) |
| Reserves and Surplus Surplus, i.e., Balance in Statement of Profit & Loss | 1,00,000 | (25,000) |
| 1,00,000 | (25,000) | |
| Long-term Borrowings 10% Debentures | 2,50,000 | 1,50,000 |
| 2,50,000 | 1,50,000 | |
| Short-term Borrowings Bank Overdraft | 1,50,000 | 1,00,000 |
| 1,50,000 | 1,00,000 | |
| Short-term Provisions Provision for Tax | 1,25,000 | 75,000 |
| 1,25,000 | 75,000 | |
| Property, Plant and Equipment Machinery Accumulated Depreciation | 7,37,500 (1,37,50) | 5,25,000 (75,00) |
| 6,00,000 | 4,50,000 |
Note: Proposed Dividend for the years ended 31st March, 2016 and 2017 are ₹ 50,000 and ₹ 75,000 respectively.
Additional Information: ₹ 1,00,000, 10% Debentures were issued on 31st March, 2017.
SOLUTION:
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