. a) Vimal Ltd is an IT sector company. You are required to prepare a comparative income statement from the given information: 13 Marks] b) Identify following transactions into operating, investing, financing activity as per the cash flow statement. Also mention whether there will be cash inflow, cash outflow, no flow. [3 Marks] 1. Interest eamed on mutual funds by the financing company. 2. Purchase of fixed asset by financing company. 3. Issue of shares by non-financing company. Particulars Sale of services Dividend earned office rent, rates and other administration expenses Employee benefit expenses Interest on debentures Depreciation and amortization expenses Sales promotion expenses CY(RS) 31.03.2021 70,40,000 30,000 80,000 15,00,000 80,000 1,00,000 25,000 PY(RS) 31.03.2020 60,00,000 20,000 65,000 18,00,000 60,000 1,50,000 40,000 Particulars Sale of services Dividend earned Office rent, rates and other administration expenses Employee benefit expenses Interest on debentures Depreciation and amortization expenses Sales promotion expenses Tax rate 30% CY(Rs) 31.03.2021 70,40,000 30,000 80,000 15,00,000 80,000 1,00,000 25,000 PY (Rs) 31.03.2020 60,00,000 20,000 65,000 18,00,000 60,000 1.50,000 40,000