Sundry Debtors Temporary Investment Stock/Inventories Prepaid Expenses Accrued Income Total Current Assets Current Liabilities: Bills Payable Sundry Creditors Outstanding Expenses Bank Overdraft Short- t-term Advances Dividend Payable Proposed Dividend Provision for Taxation Total Current Liabilities Working Capital (CA-CL) Net Increase/Decrease Working Capital * Proposed dividend and Provision for taxation may be considered as current liabilities or long-term liabilities. If they are considered as current liabilities then these will be shown in Schedule of changing in working capital. t20 Assets 2004 Illustration 4.1: Prepare a Statement of change in working capital from the following Balance Sheet of Rohan Steel Co. Balance Sheet of Rohan Steel Ltd. as on 31st Dec. Liabilities 2003 2004 003 Creditors 15,000 18,000 Cash 11,200 8,500 Bills Payable 10,000 7,500 Debtors 21,300 23,500 Loan on Mortgage 40,000 40,000 Stock 35,000 30,600 Capital 50,000 45,000 Sinking Find Investment 16,000 12,000 Sinking Fund 16,000 12,000 Land 10,000 10,000 Profit & Loss a/c 13,950 16,275 Building 60,000 60,000 1,350 1,425 Furniture & Fixture 8,000 7,000 Provision for Doubtful Debts Depreciation Fund 15200 11400 1,61,500 1,51,600 1,61,500 1,51,600