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Cash Flow Statement 4.35
Working Note: `
Balance—Statement of Profit & Loss as on 31st March, 2024 3,50,000
Less: Balance—Statement of Profit & Loss as on 31st March, 2023 2,00,000
1,50,000
Add: Appropriations:
Interim Dividend Paid 50,000
Provision for Tax (Current Year) 65,000
Net Profit before Tax and Extraordinary Items 2,65,000
Illustration 20. From the following Balance Sheet of A Ltd., prepare Cash Flow Statement
as per AS-3 (Revised), as at 31st March, 2024:
BALANCE SHEET as at 31st March, 2024
Particulars Note No. 31st March, 31st March,
2024 (`) 2023 (`)
I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
(a) Share Capital: Equity Share Capital 2,00,000 2,00,000
(b) Reserves and Surplus:
Surplus, i.e., Balance in Statement of Profit & Loss 90,000 50,000
2. Current Liabilities
(a) Short-term Borrowings: Cash Credit ... 10,000
(b) Trade Payables 20,000 15,000
(c) Other Current Liabilities 1 5,000 5,000
(d) Short-term Provisions: Provision for Tax 25,000 20,000
Total 3,40,000 3,00,000
II. ASSETS
1. Non-Current Assets
Property, Plant and Equipment and Intangible Assets:
—Property, Plant and Equipment 2,75,000 2,35,000
2. Current Assets
(a) Inventories 15,000 25,000
(b) Trade Receivables 20,000 10,000
(c) Cash and Cash Equivalents 2 30,000 30,000
Total 3,40,000 3,00,000

Notes to Accounts
Particulars 31st March, 31st March,
2024 (`) 2023 (`)
1. Other Current Liabilities
Outstanding Expenses 1,000 5,000
Unclaimed Dividend 4,000 ...
5,000 5,000
2. Cash and Cash Equivalents
Cash 10,000 8,000
Bank 20,000 22,000
30,000 30,000

Additional Information:
Net Profit for the year after providing ` 20,000 for depreciation was ` 60,000. During the
year, the company declared the interim dividend @ 10% and paid ` 15,000 as income tax.