From the following information of Hoopla Ltd., you are required to prepare a Cash Flow Statement (as per AS 3) for the year 2021-22.
Particulars (₹) (i) Profit for the year 2021-22, before considering dividend and tax but after taking into account the following items: 15,80,000
(a) Depreciation on Property, Plant & Equipment 5,50,000
(b) Interest Payable on Bank Loan 3,80,000 (c) Profit on sale of investments, the book value of which was ₹2,20,000 1,00,000 (ii) During the year 2021-22:
(a) The company • Paid Tax (which was provided in 2020-21) 4,40,000 • Issued 66,000 equity shares of ₹10 each 6,60,000 • Repaid Bank Loan 15,00,000 • Paid interest on Bank Loan 3,00,000 • Paid Dividend 5,00,000
(b) Trade payables decreased by 10,000
(c) Cash at bank increased from ₹60,000 on 1st April 2021 to ₹7,00,000 on 31st March, 2022
OR
From the foilowing Balance Sheets of Rainbow Ltd., you are required to prepare a Cash Flow Statement (as per AS 3) for the year 2021-22.
Additional information:
During the year 2021-22, the company:
(i) Sold a machine for ₹90,000 at a loss of ₹10, 000. (ii) Issued the 5% Debentures on 31st March, 2022, at a discount of 10%. The discount was written off from General Reserve.
,
,
,
,
,
,