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From the following information, prepare cash flow statement: Balance-Sheet 31-12-2012 Liabilities Share Capital Profit & Loss Bank Loan Outstanding Expenses Creditors Provision for tax
From the following information, prepare cash flow statement: Balance-Sheet 31-12-2012 Liabilities Share Capital Profit & Loss Bank Loan Outstanding Expenses Creditors Provision for tax Unclaimed Dividend 1-1-2012 2,00,000 50,000 10,000 5,000 15,000 20,000 Assets 2,00,000 Cash 90,000 Bank Debtors 1,000 Stock 25,000 4,000 3,40,000 20,000 Non-current asset 1-1-2012 31-12-2012 8,000 22,000 10,000 25,000 2,35,000 10,000 20,000 20,000 15,000 2,75,000 3,00,000 3,00,000 Net profit for the year 2012 after providing Rs.20,000 as depreciation was Rs. 60,000. During 2012, company declared equity dividend @ 10% and paid Rs. 15,000 as Income- tax. 3,40,000
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