Question: Prepare fund flow statement from the following details: Additional information: (i) Investments costing 18,000 were sold during the year 200910 for 18,500. (ii) Provision for

Prepare fund flow statement from the following details:

(A) Sources of Funds Share capital General reserve Profit and loss account Sundry creditors Provision for tax

Additional information:

(i) Investments costing ₹18,000 were sold during the year 2009–10 for  ₹18,500.

(ii) Provision for tax made during the year 2009–10 was  ₹90,000.

(iii) During the year part of the fixed asset costing (book value)  ₹1,00,000 was sold for  ₹1,12,000 and profit included in the profit and loss account.

(iv) Dividend paid during the year 2009–10 was  ₹90,000.

(A) Sources of Funds Share capital General reserve Profit and loss account Sundry creditors Provision for tax Proposed Dividend Particulars (B) Application of Funds Fixed assets Investments Stock Sundry Debtors Bank Comparative Balance Sheet 2009 (*) 3,50,000 3,00,000 56,000 1,68,000 75,000 1,00,000 4,40,000 10,000 2,40,000 2,10,000 1,49,000 2010 (*) 4,50,000 2,10,000 1,68,000 1,34,000 10,000 2,70,000 3,20,000 60,000 2,10,000 4,55,000 1,97,000

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