S. No. Particulars 31st March 2020 31st March 2019

1 Revenue from Operation 76,22,677 69,02,789

2 Cash & Cash Equivalent 28,912 23,952

3 Accounts Receivable 7,56,152 6,87,325

4 Selling, general and administrative expenses 13,28,107 10,25,800

5 Prepaid Expenses 76,140 77,167

6 Investments 11,16,534 10,58,637

7 Accounts Payable 2,71,452 2,38,377

8 Retained Earnings 20,21,265 20,24,474

9 Inventories (Opening) 12,25,402 11,22,679

10 Property, Plant & Equipment (At Cost) 15,66,268 13,66,719

11 Treasury Stock (At Cost) 1,10,948 1,02,705

12 Common Stock (At Par) 3,22,834 1,61,417

13 Convertible preferred stock 33,828 42,611

14 Excise taxes on goods sold 28,87,616 25,98,343

15 Accumulated Depreciation 7,23,442 6,45,734

16 Employees Benefit Expenses 2,74,558 2,65,790

17 Short-term Debts 4,30,776 3,51,112

18 Goodwill 6,45,210 5,77,606

19 Accrued Expenses Payable 9,22,990 7,28,262

20 Additional Paid - in Capital 53,641 57,072

21 Other Non-Current Assets 1,15,826 62,374

22 Long-term Liabilities 880,674 9,32,828

For the year ended 31st March 2020, Financial Statements of PTC Ltd. reflects the following transactions (Amount in Thousands): Depreciation and amortisation expenses was Rs.1,15,974. Closing Inventory as on 31st March 2020 is Rs.12,44,912 Net income included a loss of Rs.66,046 resulting from the write-off of some obsolete equipment. The equipment has not yet disposed of. Net income included Rs.59,610 from PTCs investment in a subsidiary; none of the income had been received in cash. New property, plant and equipment purchases totalled Rs.2,60,075, all paid for with cash. Disposal of fixed assets generated Rs.33,162 cash proceeds (Cost of asset sold is Rs. 92,217). Cash dividend were paid in the amount of Rs.2,16,158. The firm spent Rs.30,609 to purchase treasury stock on the open market. Some of the shares so acquired were reissued to certain employees as bonus. The firm increased its short-term debt as indicated on the balance sheet above. Long-term borrowings decreased by Rs.34,606. Required: (2 x 10 = 20 Marks) Show the final output i.e., a vertical format balance sheet in your report having all the required notes and working shown neatly Management further wants your opinion on cash position of the company with a special reference to the cash from Investing & financing activities

S. Particulars No. 1 2 3 4 31st March 2020 76,22,677 28,912 7,56,152 13,28,107 31st March 2019 69,02,789 23,952 6,87,325 10,25,800 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Revenue from Operation Cash & Cash Equivalent Accounts Receivable Selling, general and administrative expenses Prepaid Expenses Investments Accounts Payable Retained Earnings Inventories (Opening) Property, Plant & Equipment (At Cost) Treasury Stock (At Cost) Common Stock (At Par Convertible preferred stock Excise taxes on goods sold Accumulated Depreciation Employees Benefit Expenses Short-term Debts Goodwill Accrued Expenses Payable Additional Paid - in Capital Other Non-Current Assets Long-term Liabilities 76,140 11,16,534 2,71,452 20,21,265 12,25,402 15,66,268 1,10,948 3,22,834 33,828 28,87,616 7,23,442 2,74,558 4,30,776 6,45,210 9,22,990 53,641 1,15,826 880,674 77,167 10,58,637 2,38,377 20,24,474 11,22,679 13,66,719 1,02,705 1,61,417 42,611 25,98,343 6,45,734 2,65,790 3,51,112 5,77,606 7,28,262 57,072 62,374 9,32,828 For the year ended 31st March 2020, Financial Statements of PTC Ltd. reflects the following transactions (Amount in Thousands): 1. Depreciation and amortisation expenses was Rs.1,15,974. 2. Closing Inventory as on 31st March 2020 is Rs. 12,44,912 3. Net income included a loss of Rs.66,046 resulting from the write-off of some obsolete equipment. The equipment has not yet disposed of. 4. Net income included Rs.59,610 from PTC's investment in a subsidiary; none of the income had been received in cash. 5. New property, plant and equipment purchases totalled Rs.2,60,075, all paid for with cash. Disposal of fixed assets generated Rs.33,162 cash proceeds (Cost of asset sold is Rs. 92,217). 6. Cash dividend were paid in the amount of Rs. 2,16,158. 7. The firm spent Rs.30,609 to purchase treasury stock on the open market. Some of the shares so acquired were reissued to certain employees as bonus. 8. The firm increased its short-term debt as indicated on the balance sheet above. Long-term borrowings decreased by Rs.34,606. Required: (2 x 10 = 20 Marks) 1. Show the final output i.e., a vertical format balance sheet in your report having all the required notes and working shown neatly 2. Management further wants your opinion on cash position of the company with a special reference to the cash from Investing & financing activities