Click here for a practice quiz on Balance Sheets. EQUITY AND LIABILITIES : 1. Prepare a Comparative Balance Sheet and study the financial position of the company. Comments (i) Decrease in current Liabilities is more than decrease in current assets which indicates that the current ratio has improved. Note: Proposed Dividend Treatment is as per AS-4. Showing your workings clearly [4] … 32 From the following Balance Sheet of Dreams Converge Ltd as at 31 3 2018 and 31 3 2017; Calculate Cash from operating activities Showing your workings clearly Particulars Note No 31 3 2018 ( ) 31 3 2017 ( ) I EQUITY AND LIABILITY : 1 - Accountancy - Cash Flow Statement Profit as per statement of Profit and Loss on 31st March 2017, Less: Profit as per statement of Profit and Loss on 31st March 2016 (Loss), Net Profit Before Taxation and Extra-ordinary items, Depreciation Expenses (1,37,500 – 75,000), Operating Profit Before Working Capital Changes, Less: Decreases in Current Liabilities and Increases in Current Assets, Increases in Trade Receivables (2,75,000 – 2,25,000), Increases in Short-term Loans & Advance (2,00,000 – 1,00,000), Purchase of Machinery (7,37,500 – 5,25,000), Proceeds from Issue of 10% Debentures (2,50,000 – 1,50,000), Increase in Bank Overdraft (1,50,000 – 1,00,000), Dividend Paid i.e. From the following Balance Sheet of Gopal Ltd. and the additional information as at 31 st March, 2019, prepare a Cash Flow statement when cash flows from financing activities is ` 2,32,000. information as at 31 st March, 2019, prepare a Cash Flow statement when cash flows from financing activities is … (ii) During the year a piece of machinery costing Rs. Learn and improve your skills for free at AccountingCoach. 40,000 on which accumulated depreciation was Rs. An example might show ABC Computers – Balance Sheet as at 30 th June 2019.. Assets – Fixed Assets, Current Assets, intangible assets, stock, cash, money owed from customers (accounts receivable ledger) and prepayments.. From the following Balance Sheets of Tiger Super Steel Ltd., prepare Cash Flow Statement: Balance Sheet of Tiger Super Steel Ltd. as at 31st March 2014 and 31st March 2017 From the following Balance Sheet of JY Ltd. as at 31st March 2017, prepare a Cash Flow Statement: Proposed Dividend for the years ended 31st March, 2016 and 2017 are ₹ 50,000 and ₹ 75,000 respectively. Khanduja Ltd., on 31st March and the additional information provided, you are required to calculate: (i) Cash Flow from Operating Activities. Solution for From the following balance sheet of Sohel & Co Ltd as at 31st March 2013 and also comment on the ratios. From the following Balance sheet of Exe Ltd. As at 31st March, 2019,prepare Comparitive Balance sheet: From the following Balance Sheet of Dreams Converge Ltd as at 31.3.2018 and 31.3.2017; Calculate Cash from operating activities. Balance sheet, Financial statement that describes the resources under a company’s control on a specified date and indicates where they have come from. Credit Rs. From the following Balance Sheet of JY Ltd. as at 31st March 2017, prepare a Cash Flow Statement : (Surplus i.e. From the following Balance Sheet of Kiero Ltd. and the additional information as on 31-3-2018, prepare a Cash Flow Statement: Kiero Ltd. Balance Sheet as at 31-03-2018 31.3.2010 31.3.2011 Rs. From The Following Balance Sheet Of Sohel & Co Ltd As At 31 March 2013 And Also Comment On The Ratios. (ii) Cash Flow from Financing Activities. 2,50,000. Ltd Balance Sheet as at 31-3-2015 You May Use Online Sources To Write About The Ratios. Particular. From the following data, Particulars Share Capital Reserves and Surplus Trade Payables Fixed Tangible Assets prepare Common-size Balance Sheet of Mint Ltd.: 31 st March, 30,000 20,000 31 st March, 30,000 40,000 (ISC 2015) Solution: Particulars COMMON-SIZE BALANCE SHEET of MINT LTD… From the following balance sheet of global Ltd, you are required to calculate return on investment for the year 2018-19: From the following Balance Sheet of JY Ltd. as at 31st March 2017, prepare a Cash Flow Statement:BALANCE SHEET as at 31st March, 2017, Surplus, i.e., Balance in Statement of Profit and Loss. Chapter 4: Cash Flow Statement - Exercise [Page 111], TS Grewal Class 12 Accountancy - Analysis of Financial Statements, CBSE Previous Year Question Paper With Solution for Class 12 Arts, CBSE Previous Year Question Paper With Solution for Class 12 Commerce, CBSE Previous Year Question Paper With Solution for Class 12 Science, CBSE Previous Year Question Paper With Solution for Class 10, Maharashtra State Board Previous Year Question Paper With Solution for Class 12 Arts, Maharashtra State Board Previous Year Question Paper With Solution for Class 12 Commerce, Maharashtra State Board Previous Year Question Paper With Solution for Class 12 Science, Maharashtra State Board Previous Year Question Paper With Solution for Class 10, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 12 Arts, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 12 Commerce, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 12 Science, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 10. From the following balance sheet of Sohel & Co Ltd as at 315 March 2013 and also comment on the ratios. From the following extracts taken from the Balance Sheets of M/s. The Fair Value Of Land Is Reassessed As $2,100,000 And The Fair Value Of Building Is Reassessed As $800,000. Statement of Profit and Loss, Proposed Dividend paid as on 31st March, 2016, Net Profit before tax and extraordinary items, Add: Depreciation charged during the year, Net Profit before Working Capital changes, Net Increase in Cash and Cash Equivalents, Add: Cash and Cash Equivalents at the beginning of the year, Cash and Cash Equivalents at the end of the year. 53.Following is the balance sheet of Krishtec Ltd for the year ended 31st March, 2011 and 2012. Balance in Statement of Profit and Loss). Question: The Following Balance Sheet From Bob Ltd Relates To Land And Buildings As At 30 June 2020. From the Following Balance Sheet of Jy Ltd. as at 31st March 2017, Prepare a Cash Flow Statement : The heading includes the business name and date. Following was the Balance Sheet of M.M Ltd at on 31.3.2015. Required: (a) Prepare the consolidated balance sheet of E Ltd. on December 31, Year 6, under each of the following: (i) Proprietary theory (ii) Parent company theory (iii) Parent company extension theory (iv) Entity theory The format of the date is: as at date. Course Outline Menu. Balance Sheet Heading. Following is the Balance Sheets of Solar Power Ltd as at 31.3.2014 : During the Year a Piece of Machinery, Costing Rs 48,000 on Which Accumulated Depreciation Was Rs 32,000, Was Sold at Rs 12,000. Statement of Profit and Loss, Less: Opening Balance of Surplus i.e. Additional Information Prepare Cash Flow Statement. Shareholders' Funds (a) Share Capital . M.M. Note No. Shareholders’ funds (a) Share Capital Authorised, Issued subscribed and paid up capital 8% Preference shares of ` 100 each 7,50,000 Equity shares of ` 10 each, fully called up and paid up 10,00,000 17,50,000 (b) Reserve and surplus General reserve 14,00,000 2. From the following Balance Sheet of JY Ltd. as at 31st March 2017, prepare a Cash Flow Statement: BALANCE SHEET as at 31st March, 2017 32. You may use online sources to write about the ratios. Click hereto get an answer to your question ️ From the following Balance Sheet of SRS Ltd. and the additional information as on 31/3/2016, Prepare a Cash flow Statement:Additional information : - (i) Rs. The following are the Balance Sheets of Mohan Ltd., at the end of 2004 and 2005. Liabilities Amount (RO) Assets Amount (RO) Equity shares capital 100,000 Cash in hands 3,000 %Preference share capital 100,000 Cash at bank 9,000 7%Debentures 40,000 Bills Receivable 30,000 8%. From the following Balance Sheet of JY Ltd. as at 31st March 2017, prepare a Cash Flow Statement: BALANCE SHEET as at 31st March, 2017. E Ltd. was identified as the acquirer in the combination. 50,000, 12% debentures were issued on 31/3/2016. Ans. From the following Trial Balance of ZeeP Ltd for the year ended 31 st March 2014, prepare the Income Statement and Balance Sheet. 5.17 From the following account balances of Rosie Pty Ltd as at 30 September 2016, produce a balance sheet in both the T-format and the narrative classified format: Balance sheet in T-format: Rosie Pty Ltd Balance Sheet as at 30 September 2016 Current assets Current liabilities Cash at bank $ 75 000 Loan payable $ 7 500 Accounts receivable (net) 37 500 Tax payable 7 500 Inventory 30 … Note No. Closing Balance of Surplus i.e. 54.From the following balance sheet of JN Ltd as on 31st March, 2010 and 2011, prepare a cash flow statement. You may use online sources to write about… Question 32. Trial Balance as on 31st March 2015 ----- Debit Rs. Rs 1,00,000, 10% Debentures were issued on 31-3-2017. 31st March, 2019 (₹) 31st March, 2018 (₹) I. Note: Proposed Dividend for the years ended 31st March, 2016 and 2017 are ₹ 50,000 and ₹ 75,000 respectively.Additional Information: ₹ 1,00,000, 10% Debentures were issued on 31st March, 2017. Particulars Amt Opening Stock 45,000 Plant and Machinery 85,000 Furniture and fixtures 7,500 Freehold Premises 75,000 Purchases 1,50,00 0 Salaries 14,000 Sundry Debtors 55,000 Manufacturing Wages 30,000 Maintenance Expenses 15,000 Carriage Inwards 2,000 … Following is the balance sheet of Vertical Ltd. as on 31st March, 2013: Amount (`) I EQUITIES AND LIABILITIES 1. Trial Balance as on 31st March 2015 -- -- - Debit Rs that the current ratio has improved -- -..., Less: Opening Balance of Surplus i.e Dividend Treatment is as AS-4. And 31.3.2017 ; Calculate Cash from operating activities Krishtec Ltd for the year ended 31st March, (! 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