Amount Amount Date Particulars 1.F. Rs Date Particulars .F. Rs Balance bid Bank 4,00,000 3.50,000 7,50,000 Depreciation Balance c/d 50,000 7,00.000 7,50,000 07: Following is the Financial Statement of Garima Ltd. Prepare Cash flow Statements. 733 Balance Sheet as on 31st Dec. 2006 2005 2006 2005 2006 Rs Rs Assets 2,00,000 3,00,000 Plant and Machinery 80,000 1,40,000 Stock Rs Rs 2,00,000 3,64,000 60,000 1,60,000 Liabilities Equity Share Capital Preference Share Capital Creditors Provision for Taxation Profit & Loss Account 56,000 1.56,000 Debtors 4,000 12,000 Bank 28,000 40,000 Prepaid Expenses 3,68.000 6.48.000 20.000 80.000 80,000 28.000 8,000 16,000 3,68,000 6,48,000 Profit and Loss Account for the Year ended Dec. 31, 2006 Amount Amount Rs Receipts Opening Stock Purchase Gross Profit c/d 5,00.000 1,60,000 Rs Payments 60,000 Sales 4,92,000 Closing Stock 1.08,000 6,60,000 44,000 Gross Profit b/d 32,000 16,000 16,000 1,08,000 6,60,000 1,08,000 Salary Depreciation Provision for Tax Net Profit c/d 1,08,000 Dividend Balance c/d 4.000 Balance b/d 40.000 Net Profit b/d 44,000 28.000 16,000 44.000