Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Balance sheet of Oedrila Ltd for the year that ended on 3 1 st Mar 2 0 1 9 and 2 0 2 0

The Balance sheet of Oedrila Ltd for the year that ended on 31st Mar 2019 and 2020
are as follows:
Additional Information:
a) Depreciation of Rs.20,000 wascharged on plant and machinery during the year
2019-20.
b) A machinery costing Rs.50,000, on which the total depreciation amounting to
Rs.30,000 was provided, was sold atRs. 25,000 during the year 2019-20.
c) Adividend of Rs.24,000 was paid during the year 2019-20.
Prepare a statement showing the changes in the working capital and a fund flow
statement for the year that ended on 31st Mar 2020.
image text in transcribed

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

Auditing A Risk Analysis Approach

Authors: Larry F. Konrath

5th Edition

032405789X, 9780324057898

More Books

Students also viewed these Accounting questions

Question

Identify who may be responsible for performance appraisal.

Answered: 1 week ago

Question

Explain the performance appraisal period.

Answered: 1 week ago