The following is the comparative balance sheet of X Ltd:

Additional Information:

(i) Depreciation of 10,000 and 20,000 has been provided on plant and land and building, respectively. 

(ii) An interim dividend of 5,000 was paid during the year and the final dividend for the year was 15,000. 

(iii) Tax paid during the year was 35,000. 

(iv) During the year preference shares were redeemed at 5% premium.

Prepare fund flow statement.

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(A) Sources of Funds Equity Share Capital 8% Preference Share Capital General Reserve P & L Appropriation a/c Creditors Bank Overdraft Particulars Outstanding Expenses (B) Application of Funds Goodwill Land and Building Plant Debtors Stock Bills Receivable Cash in hand Cash at bank Previous Year 3,00,000 4,50,000 40,000 30,000 97,000 20,000 40,000 1,15,000 2,00,000 80,000 1,60,000 2,77,000 20,000 95,000 30,000 Current Year 4,00,000 1,00,000 70,000 48,000 1,33,000 36,000 50,000 1,10,000 1,70,000 2,00,000 2,00,000 1,09,000 30,000 10,000 8,000