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Cash Flow Statement 4.57
II. ASSETS
1. Non-Current Assets
(a) Property, Plant and Equipment and Intangible Assets:
(i) Property, Plant and Equipment 6 5,20,000 7,00,000
(ii) Intangible Assets 50,000 1,00,000
(b) Non-current Investments (10% Investments) 1,60,000 60,000
2. Current Assets
(a) Inventories 50,000 60,000
(b) Trade Receivables 80,000 40,000
(c) Cash and Cash Equivalents 9,10,000 3,95,000
Total 17,70,000 13,55,000

Notes to Accounts
Particulars 31st March, 31st March,
2024 (`) 2023 (`)
1. Reserves and Surplus
Securities Premium
Opening Balance 75,000 75,000
Less: Share Issue Expenses Written off 40,000 ...
35,000 75,000
Capital Reserve ... 5,000
Surplus, i.e., Balance in Statement of Profit & Loss 3,15,000 1,25,000
3,50,000 2,05,000
2. Short-term Borrowings
Current Maturities of Long-term Debts (10% Debentures) ... 1,00,000
10% Bank Loan 50,000 ...
50,000 1,00,000
3. Trade Payables
Trade Creditors 55,000 50,000
Bills Payable 20,000 50,000
75,000 1,00,000
4. Other Current Liabilities
Unpaid Dividend 20,000 ...
Unpaid Interest on Debentures 10,000 ...
30,000 ...
5. Short-term Provisions
Provision for Tax 65,000 50,000
6. Property, Plant and Equipment
Building 2,50,000 4,00,000
Plant and Machinery 2,70,000 3,00,000
5,20,000 7,00,000
Note: Proposed Dividend for the year ended 31st March, 2023 and 2024 are ` 1,15,000 and ` 1,25,000
respectively.
Additional Information:
1. Interim Dividend of ` 50,000 was paid during the year.
2. Share Issue Expenses of ` 40,000 were incurred and written off during the year 2023–24 from
Securities Premium.
3. Tax of ` 60,000 was paid during the year.
4. Debentures were redeemed at par on 1st April, 2023 and Bank Loan was raised on the same date.