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2015 ) 2016 A008: The summarized Balance sheet of XYZ Limited as at 31st March, 2015 and 2016 are given below. Liabilities 2015 () 2016
2015 ) 2016 A008: The summarized Balance sheet of XYZ Limited as at 31st March, 2015 and 2016 are given below. Liabilities 2015 () 2016 (R) Assets Preference share capital 4,00,000 7.00,000 2,00,000 plant and Machinery Equity share capital 3,20,000 4,00,000 6,60,000 Long term investment Share Premium A/C 40,000 30,000 Goodwill Capital Redemption Reserve 1,00,000 Current Assets General Reserve 50,000 2,00,000 1.20,000 Short term investment (less than months) 1,00,000 P & L A/C 1,30,000 1.75,000 Cash and Bank 40.000 Current Liabilities 6,40,000 9,00,000 Preliminary Expenses Proposed Dividend 1,60,000 2,10,000 Provision for tax 1,50,000 1,80,000 21,20,000 25,75,000 21,20,000 25,75,000 9,10,000 11,4109 840 8005. 2005. Additional Information: During the year 2016 the company: 1. Preference share capital was redeemed at a premium of 10% partly out of proceeds issue of 10,000 equity shares of 10 each issued at 10% premium and partly out of profits otherwise available for dividends. 2. The company purchased plant and machinery for 95,000. It also acquired another company stock 325,000 and plant and machinery 1,05,000 and paid 1,60,000 in Equity share capital for the acquisition. 3. Foreign exchange loss of 1,600 represents loss in value of short term investment. 4. The company paid tax of 1,40,000. You are required to prepare Cash Flow Statement ute of India
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