Question
From the following balance sheet of HPL Ltd., prepare a cash flow statement for the year ended March 31, 2021. Liabilities 2020 2021 Assets 2020
| From the following balance sheet of HPL Ltd., prepare a cash flow statement for the year ended March 31, 2021. | |||||
| Liabilities | 2020 | 2021 | Assets | 2020 | 2021 |
| Share Capital | 20,00,000 | 24,00,000 | Land and Building | 15,00,000 | 14,00,000 |
| General Reserve | 4,00,000 | 7,00,000 | Plant and Machinery | 14,00,000 | 13,00,000 |
| P&L Account | 1,78,000 | 1,89,000 | Stock | 5,00,000 | 4,20,000 |
| Bank Loan | 5,60,000 | -- | Sundry Debtors | 7,00,000 | 6,10,000 |
| Sundry Creditors | 9,00,000 | 8,50,000 | Cash | 1,38,000 | 97,000 |
| Provision for Taxation | 2,00,000 | 3,10,000 | Bank | -- | 1,70,000 |
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| Goodwill | -- | 4,52,000 |
| Total | 42,38,000 | 44,49,000 | Total | 42,38,000 | 44,49,000 |
| Additional Information: | |||||
| a. Depreciation written off on building and machinery were Rs. 100,000 and Rs. 90,000, respectively | |||||
| b. Income tax paid during the year was Rs. 1,10,000 | |||||
| c. Dividend paid during the year was Rs. 145,000 | |||||
| d. Goodwill acquired during the year 2021 | |||||
| e. Machinery purchased during the year was Rs. 1,26,500 | |||||
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Advanced Financial Reporting And Analysis
Authors: John Dunn, Margaret Stewart
1st Edition
0470973609, 9780470973608
