Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

sir solve in pakistan format - Question No. 2 The following is the two years balance sheet of AGR Company. You are required to prepare

image text in transcribed

sir solve in pakistan format

- Question No. 2 The following is the two years balance sheet of AGR Company. You are required to prepare Cash Flow Statement from the data. From the following information, prepare cash flow statement: Balance Sheet Llabilitles 1-1-2012 31-12-2012 Assets 1-1-2012 31-12-2012 Share Capital 2,00,000 2,00,000 Cash 8,000 10,000 Profit & Loss 50,000 90,000 Bank 22,000 20,000 Bank Loan 10,000 Debtors 10,000 20,000 Outstanding 5,000 1,000 Stock 25,000 15,000 Expenses Creditors 15,000 20,000 Non-current 2,35,000 2,75,000 asset Provision for tax 20,000 25,000 Unclaimed Dividend 4,000 3,00,000 3,40,000 3,00,000 3,40,000 Net profit for the year 2012 after providing Rs.20,000 as depreciation was Rs. 60,000. During 2012, company declared equity dividend @ 10% and paid Rs. 15,000 as Income. tax

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

11.5 Develop a central idea for a speech.

Answered: 1 week ago