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Only Do Financing Activity......... And please provide an appropriate answer otherwise I give you unlike.... From the following Balance Sheets and information, prepare Cash Flow
Only Do Financing Activity......... And please provide an appropriate answer otherwise I give you unlike....
From the following Balance Sheets and information, prepare Cash Flow Statement of Rvan Ltd. bv Indirect methnd for tha /ar andad 21 et A1nmh inva. Notes to accounts Additional Information: (i) A piece of land has been sold out for 1,50,000 (Cost 1,20,000 ) and the balance land was revalued. Capital Reserve consisted of profit on revaluation of land. Additional Information: (i) A piece of land has been sold out for 1,50,000 (Cost - 1,20,000) and the balance land was revalued. Capital Reserve consisted of profit on revaluation of land. (ii) On 1st April, 200 a plant was sold for 90,000 (Original Cost - 70,000 and W.D.V. - 50,000 ) and Debentures worth 1 lakh were issued at par as part consideration for plant of 4.5 lakhs acquired. (c) The Institute of Chartered Accountants of India 4.122 ACCOUNTING (iii) Part of the investments (Cost - 50,000) was sold for 70,000. (iv) Pre-acquisition dividend received 5,000 was adjusted against cost of investment. (v) Interim dividend was declared and paid @ 15% during the current year. (c) The Institute of Chartered Accountants of India 4.122 ACCOUNTING (iii) Part of the investments (Cost - 50,000) was sold for 70,000. (iv) Pre-acquisition dividend received 5,000 was adjusted against cost of investment. (v) Interim dividend was declared and paid @ 15\% during the current year. (vi) Income-tax liability for the current year was estimated at 1,35,000. (vii) Depreciation @ 15\% has been charged on Plant and Machinery but no depreciation has been charged on BuildingStep by Step Solution
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