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3. From the following Balance sheet of XYZ Ltd. On 31st March 2014 and 2015. You are required to prepare a) A schedule of changes
3. From the following Balance sheet of XYZ Ltd. On 31st March 2014 and 2015. You are required to prepare a) A schedule of changes in working capital. b) A funds flow statement Liabilities Share capital General Reserve P & L Account Sundry creditors Bills payable Provision for taxation Provision for Doubtful debts 2014 100000 14000 16000 8000 1200 16000 400 155600 2015 100000 18000 13000 5400 800 18000 600 155800 Assets Goodwill Building Plant Investments Bills receivable Debtors Cash at Bank Stock 2014 12000 40000 37000 10000 2000 18000 6600 30000 155600 The following additional information has also been given a. Depreciation charged on plant was Rs. 4000 and on Building Rs.4000. b. Provision for taxation of Rs.19000 was made during year 2015. c. Interim divided of Rs. 8000 was paid during year 2015. 2015 12000 36000 36000 11000 3200 19000 15200 23400 155800 ourse co Time: 3 Answ 14200 1. in L 666000
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