10. From the following balance sheet of X Ltd. as on 1st Jan 2002 and 1St Jan 2003, you are required to prepare: a) A schedule of changes in working capital. b) A fund flow statement. (sources & applications of funds) Liability 2002 2003 Assets 2002 2003 Share capital 250000 300000 Land and 2,25,000 2,15,000 building General reserve 55,000 65000 Plant 1,75,000 1,99,000 Profit and loss 31,000 31500 stock 1,10,000 79,000 account Bank loan- 80000 Debtors 90,000 69,900 short term Sundry 160000 140200 Cash 6000 800 creditors Provision for 30,000 35,000 Bank 8000 taxation Total 6,06,000 5,71,700 6,06,000 5,71,700 Adjustments: a) Depreciation was written off plant Rs. 15,000 in 2003 b) Dividend of Rs.22,000 was paid during 2003 c) Income tax provision made during the year was Rs.30,000 d) A piece of land was sold during the year at cost