5. From the following two balance sheets as on 31" Dec. 1977 and 1978, you are wired to prepare statements showing flow of funds- December 31st 1978 1977 Assets: Cash Receivables Inventories Land 30,000 120,000 80,000 50,000 280,000 47,000 115,000 90,000 66,000 318,000 Capital and Liabilities: Share Capital Payables Retained Earnings 200,000 70,000 250,000 45,000 00 10,000 280,000 23,000 318,000 6. From the following Balance Sheet of N co, Ltd as on 31" Dec. 1977 and 1978 you are required to prepare a statement showing changes in the Working Capital and statement of Sources and Application of Funds- Comparative Balance Sheets Assets: Dec 31st 1,977 30,000 Cash Accounts Receivable Merchandise Inventory Plant (Net) Goodwill Deferred Charges Dec 31st 1978 20,000 100,000 300,000 120,000 40,000 20.000 600.000 80,000 150,000 100,000 40,000 25.000 425.000 Liabilities and Proprietorship Notes Payable Accounts Payable Bonds Payable Preferred Stock Common Stock Retained Earnings 20,000 60,000 100,000 100,000 80,000 60,000 100,000 200,000 60,000 600,000 200,000 45.000 425.000