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With examples. Q.No.6 Balance Sheet of Sinaco Limited is given as follows: June 30 Head of Account Year 2018 Cash 70,000 Year 2017 50,000
With examples. Q.No.6 Balance Sheet of Sinaco Limited is given as follows: June 30 Head of Account Year 2018 Cash 70,000 Year 2017 50,000 Other Current Assets 145,000 80,000 Fixed Assets 135,000 170,000 Total 350,000 300,000 Current Liabilities 15,000 20,000 Non-current Liabilities 195,000 180,000 Common Stock 110,000 80,000 Retained Earnings 30,000 20,000 Total 350,000 300,000 B Net income for the year ended June 30, 2018 was Rs. 25,000. Sinaco Limited did not acquire any Fixed Asset during the Financial Year 2018. Requirement: Prepare statement of Cash Flow for the year ended June 30, 2018. 20 20
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