y8 # 100 (50) Cash Alc Dr 27.2 P&L AC (Loss) Dr 3.0 Accumulated depreciation Alc Dr 46.8 To plant *57.0 (iii) Purchase of plant Plant account To Balance b/ 119.8 By Cash 37.2 To Plant purchased (balancing figure) 47.6 By P&L A/C 3.0 By Accumulated depreciation A/c 46.8 By Balance c/d 110.4 167.4 167.4 (iv) Dividends paid = 31.2 payable of previous year + +16 of current year - 12.2 dividends payable at current year-end - 15 P.5.6 Nandini Ltd. provides the following data: Comparative trial balance (Amount in lakh) Particulars March 31, year 2 March 31, year 1 Increase (decrease) Debit balance Cash 15 5 10 Working capital (other than cash) 2185 195 390 Investments (long-term) 150 Building and equipment 500 400 100 Land 40 50 (10) 840 700 140 Credit balance Accumulated depreciation 160 40 Bonds 50 50 Reserves 340 340 Equity shares 200 150 50 700 140 Income Statement for the period ending March 31. year 2 (Amount in lakh) Sales 31000 Cost of goods sold 500 Selling expenses *50 Administrative expenses 50 100 Operating income 400 Other charges and credits: Gain on sale of building and equipment 25 Loss on sale of investments (10) Interest (6) Taxes (189) (200) Net income after taxes 200 Notes: (a) The depreciation charged for the year was 260 lakh. (b) The book value of the building and equipment disposed off was 10 lakh. Prepare a cash flow statement (based on AS-3). 200 100 840