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Q47. From the following Balance Sheet of Gopal Ltd. and the additional information as at 31st March, 2019, Prepare a Cash Flow Statement when Cash Flow from Financing Activities is ₹ 2,32,000:
| Particulars | 31st March, 2019 (₹) | 31st March, 2018 (₹) |
| I. EQUITY AND LIABILITIES | ||
| Shareholder’s Funds (a) Share Capital (b) Reserves and Surplus | 10,00,000 4,00,000 | 8,00,000 (1,00,000) |
| Non-Current Liabilities Long-term Borrowings | 9,00,000 | 9,00,000 |
| Current Liabilities (a) Short-term Borrowings (b) Short-term Provisions | 2,40,000 2,00,000 | 1,00,000 1,75,000 |
| Total | 27,40,000 | 18,75,000 |
| II. Assets | ||
| Non-Current Assets (a) Property, Plant and Equipment and Intangible Assets: (i) Property, Plant and Equipment (ii) Intangible Assets (b) Non-Current Investments | 20,00,000 46,000 1,00,000 | 14,42,000 58,000 45,000 |
| Current Assets (a) Current Investments (b) Inventories (c) Cash and Cash Equivalents | 2,00,000 2,14,000 1,80,000 | 1,20,000 90,000 1,20,000 |
| Total | 27,40,000 | 18,75,000 |
| Particulars | 31st March, 2019 (₹) | 31st March, 2018 (₹) |
| Reserves and Surplus Surplus, i.e., Balance in Statement of Profit & Loss | 4,00,000 | (1,00,000) |
| Long-term Borrowings 12% Debentures | 9,00,000 | 9,00,000 |
| Short-term Borrowings Bank Overdraft | 2,40,000 | 1,00,000 |
| 2,40,000 | 1,00,000 | |
| Short-term Provisions Provision for Tax | 2,00,000 | 1,75,000 |
| 2,00,000 | 1,75,000 | |
| Property, Plant and Equipment Machinery Less: Accumulated Depreciation | 24,00,000 (4,00,000) | 16,42,000 (2,00,000) |
| 20,00,000 | 14,42,000 | |
| Intangible Assets Goodwill | 46,000 | 58,000 |
| 46,000 | 58,000 | |
| Inventories Stock-in-Trade | 2,14,000 | 90,000 |
| 2,14,000 | 90,000 |
Additional Information: Tax ₹ 1,50,000 was paid during the year.
SOLUTION:
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