Following are the Balance Sheet of Young India Ltd.: Additional information: (a) Dividend paid during the year
Question:
Following are the Balance Sheet of Young India Ltd.:
Additional information:
(a) Dividend paid during the year ₹ 4,50,000.
(b) Land was sold for cash at a profit of ₹ 50,000.
(c) Machinery costing ₹ 2,00,000 (W.D.V. ₹ 40,000) was sold for ₹ 30,000. Also machinery costing ₹ 6,00,000 was purchased.
(d) Amount transferred to Provision for Taxation during the year ₹ 1,60,000. Prepare a Cash Flow Statement for the year endd 31.03.2016 as per AS----3.
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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