80,000 Illustration 23 From the following Balance Sheets and information, prepare Cash Flow Statement of Rayan Ltd. for the year ended 31st March, 2018 Balance Sheets of Rayan Ltd. as at 31st March, 2018 and 2017 Note 31.03.2018 31.03.2017 Particulars No (1) (2) (3) 14 1. EQUITY AND LIABILITIES (1) Shareholders' Funds (a) Share Capital (1) 6,00.000 7,00.000 (b) Reserves and Surplus (2) 3,60,000 2,75,000 (2) Share Application Money Pending Allotment: (3) Non-current Liabilities: (al Long-term Borrowings -9% Debentures 2,00,000 (4) Current Liabilities (a) Trade Payables (3) 1,15,000 1.10.000 (b) Other Current Liabilities - Outstanding Expenses 30.000 20.000 (c) Short-term Provisions (4) 1.85.000 1,20.000 TOTAL 14.90.000 12,25,000 II. ASSETS (1) Non-current Assets (a) Fixed Assets ( Tangible Assets (5) 9,15,000 7,00.000 (b) Non-Current Investments 50,000 (2) Current Assets : (a) Inventories 95,000 90,000 (b) Trade Receivables (6) 2,40,000 2,00,000 (c) Cash and Cash Equivalents 65,000 90,000 (d) Voluntary Separation Payments 1.25.000 65.000 TOTAL 14,90,000 12,25,000 Notes to Accounts: Particulars 31.03.2018 31.03.2017