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M.444 An Aid to Accountancy—CBSE XII

Notes to Accounts

Particulars Amount
`
1. Other Income
Rent 60,000
Profit on Sale of Machinery 10,000
Interest on Debentures held as Investments 8,000
78,000
2. Other Expenses
Manufacturing Expenses 50,000
Selling and Distribution Expenses 24,000
Loss on Sale of Furniture 6,000
80,000

Additional Information:
Particulars 31st March, 31st March,
2018 (`) 2017 (`)
Trade Receivables 1,00,000 80,000
Trade Payables 1,30,000 1,40,000
Inventories 1,60,000 1,00,000
Outstanding Expenses 32,000 20,000
Prepaid Expenses 20,000 14,000

(b) From the following information, calculate Cash Flow from Investing Activities:
Particulars 31st March, 31st March,
2017 (`) 2018 (`)
Plant and Machinery 8,50,000 10,00,000
Non-current Investments 40,000 1,00,000
Land (At Cost) 2,00,000 1,00,000
Additional Information:
(i) Depreciation charged on Plant and Machinery was ` 50,000.
(ii) Plant and Machinery with a book value of ` 60,000 was sold for ` 40,000.
(iii) Land was sold at a gain of ` 60,000. (3 + 3)