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M.472                                                An Aid to Accountancy—CBSE XII


                      6.  Intangible Assets
                        Goodwill                                                         20,000    30,000
                                                                                         20,000    30,000
                      7.  Inventories
                        Stock- in-Trade                                                 1,07,000   45,000
                                                                                        1,07,000   45,000

                          Additional Information:

                           (i)  12% Debentures were redeemed on 31st March, 2018.
                           (ii)  Tax ` 70,000 was paid during the year.
                          (iii)  A machine costing ` 5,00,000 was purchased and another machine (on which
                              depreciation amounting to ` 30,000 had already been provided) was sold at a
                              profit of ` 4,000.
                          Prepare Cash Flow Statement.                                               (6)
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