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Lichidities 2010 Ex. 17. Following are the Balance Sheets of Good Luck Limited 2010 2017 Assets ? Erity Share Capital 1,00,000 1.42,000 Land Preference Share

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Lichidities 2010 Ex. 17. Following are the Balance Sheets of Good Luck Limited 2010 2017 Assets ? Erity Share Capital 1,00,000 1.42,000 Land Preference Share Capital 80,000 80,000 Building & Equipment Pit & Loss Account 75.900 81.900 Debtors 1.20.000 1,08,000 Inventory 12.000 24.000 Outstanding Expenses Prepaid Rent 6,000 6,600 Prepaid Insurance 60.000 66.000 Cush 4.53.900 5.OR 500 24,000 1.80,000 34,000 1,32,000 1.800 2.100 Credits 2.100 Provision for taxation Provision for Depreciation S SO 4.53.900 5.74 Cash Flow Slam 2 Additional Information: 1. The company declared and paid dividend of 36,000 during the year 2011. 2. Tax paid during the year 2011 7.000. 3. A truck costing 36,000 and with accumulated depreciation of 24,000 was sold at a proftul 600 Prepare Cash Flow Statement. [Ans. Net cash flows from operating activities 31,55,400 : Net cash used in investing activita *1.55.400 : Net cash flows from financing activities 26,000 : Net increase in cash and cush equivalent 36,000) Blu Sheets of X Co. Ltd as at 31st December 2012 and a member 2017 are Vd De

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