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cash floe Prepare Cash Flow Statement of Light Ltd. for the year ended 31 March, 2020, in accordance with AS 3 (Revised) from the following
cash floe
Prepare Cash Flow Statement of Light Ltd. for the year ended 31 March, 2020, in accordance with AS 3 (Revised) from the following Summary Cash Account: Summary Cash Account in '000 in '000 Balance as on 01.04.2019 315 Receipts from Customers 24,894 Sale of Investments (Cost 1,35,000) 153 Issue of Shares 2,700 Sale of Fixed Assets 1,152 29,214 Payment to Suppliers 18,306 Purchase of Investments 117 Purchase of Fixed Assets 2,070 Wages & Salaries Selling & Administration Expenses 1,035 Payment of Income Tax 2,187 Payment of Dividends 720 Repayment of Bank Loan 2,250 Interest paid on Bank Loan 450 (27.756) Balance as on 31.03.2020 1,458 621Step by Step Solution
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