Question 2 How will you disclose following items while preparing Cash Flow Statement of Gagan Ltd. as per AS-3 for the year ended 31st March, 20x2? (i) 10% Debentures issued: As on 01-04-20X1 1,10,000 As on 31-03-20X2 77,000 (ii) Debentures were redeemed at 5% premium at the end of the year. Premium was charged to the Profit & Loss Account for the year. (iii) Unpaid Interest on Debentures: As on 01-04-20x1 * 275 As on 31-03-20X2