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8. Following are the summarized balance sheets of K Ltd; as on 31st March 2020 and 2021. Uther information: During the year ended 31st March
8. Following are the summarized balance sheets of K Ltd; as on 31st March 2020 and 2021. Uther information: During the year ended 31st March 2021. a) Dividends paid Rs 64,000 b) Assets of another company were purchased for consideration of Rs 1,50,000 payable in shares. The following assets were purchased: stock - Rs 60,000; Machinery - Rs 75,000; \& goodwill - Rs 15,000. c) Machinery was further purchased for Rs 24,000 d) Depreciation written off on machinery Rs36,000 e) Loss on sale of machinery Rs 600 was written off to general reserve f) Income tax provided during the year Rs 1,00,000. Prepare the cash flow statement
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