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4.44 Analysis of Financial Statements—CBSE XII
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 60,000 50,000
75,000 60,000
2. Trade Payables
Creditors 45,000 50,000
Bills Payable 25,000 15,000
70,000 65,000
3. Short-term Provisions
Provision for Tax 25,000 15,000
Additional Information:
1. During the year ` 5,000 depreciation was charged on fixed assets.
2. Company has paid ` 12,000 interim dividend during the year.
3. Tax provided during the year ` 20,000.
[Ans.: Cash Flow from Operating Activities = ` 22,000; Cash Used in Investing Activities = ` 10,000;
Cash Flow from Financing Activities = ` 38,000; Net Increase in
Cash and Cash Equivalents = ` 50,000.]
11. From the following Balance Sheet of X Ltd., prepare Cash Flow Statement:
Particulars Note No. 31st March, 31st March,
2024 (`) 2023 (`)
I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
(a) Share Capital 1 2,00,000 1,80,000
(b) Reserves and Surplus 2 6,400 6,000
2. Non-Current Liabilities
Long-term Borrowings:
10% Debentures 14,000 12,000
3. Current Liabilities
(a) Short-term Borrowings (Bank Overdraft) 13,600 25,000
(b) Trade Payables (Creditors) 22,000 24,000
(c) Short-term Provisions 3 8,400 6,000
Total 2,64,400 2,53,000
II. ASSETS
1. Non-Current Assets
Property, Plant and Equipment and Intangible Assets:
Property, Plant and Equipment 4 1,50,000 1,60,000
2. Current Assets
(a) Inventories 59,400 50,600
(b) Trade Receivables 48,000 40,000
(c) Cash and Cash Equivalents 7,000 2,400
Total 2,64,400 2,53,000