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Cash Flow Statement 4.23
Illustration 13. From the following Balance Sheet of ABC Ltd., prepare the Cash Flow
Statement:

Particulars Note No. 31st March, 31st March,
2024 (`) 2023 (`)

I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
(a) Share Capital 35,000 30,000
(b) Reserves and Surplus 1 22,000 5,500
2. Non-Current Liabilities
Long-term Borrowings:
10% Debentures 25,000 15,000
3. Current Liabilities
(a) Short-term Borrowings—Cash Credit 5,000 4,000
(b) Trade Payables 2 12,500 8,500
Total 99,500 63,000
II. ASSETS
1. Non-Current Assets
(a) Property, Plant and Equipment and Intangible Assets:
—Property, Plant and Equipment 3 41,000 32,000
(b) Non-current Investments: 10% Investments 8,000 3,000
2. Current Assets
(a) Inventories 10,500 8,000
(b) Trade Receivables 19,000 8,000
(c) Cash and Cash Equivalents 21,000 12,000
Total 99,500 63,000

Notes to Accounts
Particulars 31st March, 31st March,
2024 (`) 2023 (`)

1. Reserves and Surplus
General Reserve 15,000 10,000
Surplus, i.e., Balance in Statement of Profit & Loss 7,000 (4,500)
22,000 5,500
2. Trade Payables
Sundry Creditors 11,000 7,500
Bills Payable 1,500 1,000
12,500 8,500
3. Property, Plant and Equipment
Machinery (Cost) 54,000 41,000
Less: Provision for Depreciation 13,000 9,000
41,000 32,000
Additional Information:
1. Investments costing ` 3,000 were sold for ` 2,800 during the year.
2. A new machine was purchased for ` 13,000.