Q.4. From the following particulars as at 31st March, prepare cash flow statement as per AS-3 using indirect method: Equity and liabilities: Equity Share Capital 10% Pref. Share Capital General Reserve Assignment Surplus in Statement of Profit & Loss 15% Debentures Creditors Proposed Dividend Provision for Taxation Total Assets: Fixed Assets Less: Accumulated Depreciation Stock Debtors Cash Prepaid Expenses Total 2017 80,000 20,000 7,600 2,400 14,000 22,000 8,000 8,400 1,62,400 80,000 30,000 50,000 70,000 34,400 7,000 1,000 1,62,400 2018 55,000 25,000 4,000 2,000 12,000 24,000 10,000 6,000 1,38,000 82,000 22,000 60,000 60,000 15,000 2,400 600 1,38,000 Additional information: i. Provision for tax made Rs. 9,400. ii. Fixed assets costing Rs. 20,000 (accumulated depreciation till date of sale on then Rs. 6,000) were sold Rs. 10,000. iii. Interim dividend paid during the year Rs. 9,000. Proposed dividend of last year was declared and paid during the year. Ignore corporate dividend tax. iv. New Debentures were issued on 31st March, 2017.