4. Digital World Ltd. supplies you the following balance on March 31, 2015, and 2016. Liabilities March 31 Assets March 31 5 Reserves Provisions for debts Bills Payable Debentures Share Capital 2015 20,080 1,400 20,720 24,000 1,40,000 2016 21,120 23,680 Additional Information: (a) Dividends amounting to (b) Land was purchased for 20,000. 1,600 Land 12,000 1,48,000 2,06,200 2,06,400 Goodwill Stock Debtors Cash at Bank 7,000 were paid during the year 2016. (c) * 10,000 were written off on goodwill during the year. (d) Bonds of 12,000 were paid during the year. 4 You are required to prepare a cash flow statement. Discuss the proceduro 2015 20,000 40,000 98,400 29,800 18,000 2,06,200 2016 10,000 60,000 85,400 35,400 15,600 2,06,400

Additional Information: (a) Dividends amounting to 7,000 were paid during the year 2016 . (b) Land was purchased for 20,000. (c) 10,000 were written off on goodwill during the year. (d) Bonds of 12,000 were paid during the year. You are required to prepare a cash flow statement