From the following Balance Sheet and information of Sunlite Ltd., fill in the blanks: (Note: Show the working after each answer) 1. Net Profit before Taxation and Extraordinary items = 2. Operating Profit before Working Capital Changes = 3. Net Cash from/(used in) Operating Activities = 4. Net Cash from/(used in) Investing Activities = 5. Net Cash from/(used in) Financing Activities Balance sheet of Sunlite Ltd. as on 31* March, 2019 and 31* March, 2018 are as follows: 31st March, 2019 31st March, Note No. 2018 1 2 450000 255000 500000 100000 200000 100000 3 Particulars 1. EQUITY AND LIABILITIES 1. Shareholder's Funds (a) Share Capital (b) Reserves and Surplus 2. Non-Current Liabilities Long term Borrowings: 10% Debentures 3. Current Liabilities (a) Trade Payables (b) Other Current Liabilities (c) Short-term Provisions (Provisions for Tax) Total II. ASSETS 1. Non-current Assets (a) Fixed-assets (Tangible) (b) 10% Investments 2. Current Assets (a) Current Investments (b)Inventories (c) Trade Receivables (d) Cash and Cash Equivalents Total 133000 5000 12000 1055000 46000 10000 24000 780000 620000 80000 510000 30000 10000 90000 185000 70000 1055000 8000 100000 90000 42000 780000 Notes to accounts 31st March, 2019 31st March, 2018 Particulars 1. Share Capital Equity share capital 12% Preference share capital 350000 100000 300000 200000 500000 450000 2. Reserves and Surplus Securities Premium Reserve Surplus i.e. Balance in Statement of Profit and Loss 5000 250000 255000 100000 100000 3. Other Current Liabilities Premium on Redemption of Preference Shares 5000 10000 4. Trade Receivables Sundry Debtors Less: Provision for doubtful debts 200000 - 15000 185000 100000 -10000 90000 Additional Information. During the year: 1. A machine with a book value of Rs. 40000 was sold for Rs. 25000 2. Depreciation charged during the year was Rs. 70000 3. Preference shares were redeemed on 31st December, 2018 at a premium of 5% 4. An interim Dividend @15% was paid on Equity Shares on 31st Januray, 2019 5. Dividend @ 12% was proposed on Preference Shares for the year ended 31st March, 2019 on Rs. 100000 and for the year ended 31st March, 2018 on Rs. 200000 6. Fresh Equity Shares were issued at a premium of 10% on 31st March, 2019 7. Interest paid on Debentures 8. Interest received on Investments From the following Balance Sheet and information of Sunlite Ltd., fill in the blanks: (Note: Show the working after each answer) 1. Net Profit before Taxation and Extraordinary items = 2. Operating Profit before Working Capital Changes = 3. Net Cash from/(used in) Operating Activities = 4. Net Cash from/(used in) Investing Activities = 5. Net Cash from/(used in) Financing Activities Balance sheet of Sunlite Ltd. as on 31* March, 2019 and 31* March, 2018 are as follows: 31st March, 2019 31st March, Note No. 2018 1 2 450000 255000 500000 100000 200000 100000 3 Particulars 1. EQUITY AND LIABILITIES 1. Shareholder's Funds (a) Share Capital (b) Reserves and Surplus 2. Non-Current Liabilities Long term Borrowings: 10% Debentures 3. Current Liabilities (a) Trade Payables (b) Other Current Liabilities (c) Short-term Provisions (Provisions for Tax) Total II. ASSETS 1. Non-current Assets (a) Fixed-assets (Tangible) (b) 10% Investments 2. Current Assets (a) Current Investments (b)Inventories (c) Trade Receivables (d) Cash and Cash Equivalents Total 133000 5000 12000 1055000 46000 10000 24000 780000 620000 80000 510000 30000 10000 90000 185000 70000 1055000 8000 100000 90000 42000 780000 Notes to accounts 31st March, 2019 31st March, 2018 Particulars 1. Share Capital Equity share capital 12% Preference share capital 350000 100000 300000 200000 500000 450000 2. Reserves and Surplus Securities Premium Reserve Surplus i.e. Balance in Statement of Profit and Loss 5000 250000 255000 100000 100000 3. Other Current Liabilities Premium on Redemption of Preference Shares 5000 10000 4. Trade Receivables Sundry Debtors Less: Provision for doubtful debts 200000 - 15000 185000 100000 -10000 90000 Additional Information. During the year: 1. A machine with a book value of Rs. 40000 was sold for Rs. 25000 2. Depreciation charged during the year was Rs. 70000 3. Preference shares were redeemed on 31st December, 2018 at a premium of 5% 4. An interim Dividend @15% was paid on Equity Shares on 31st Januray, 2019 5. Dividend @ 12% was proposed on Preference Shares for the year ended 31st March, 2019 on Rs. 100000 and for the year ended 31st March, 2018 on Rs. 200000 6. Fresh Equity Shares were issued at a premium of 10% on 31st March, 2019 7. Interest paid on Debentures 8. Interest received on Investments
