Read the following hypothetical text and answer the given question on the basis of the same.
Sujata started a small enterprise under the “Skill India Scheme’, As the business grew, the revenue started increasing and she decided to form ‘Sujata Ltd.’ to achieve her objectives with 10 other like-minded persons.
The financial position of the company is given in its Balance Sheet as at 31.3.2022:
Balance Sheet of Sujata Ltd. as at 31st March, 2022
| Particulars | Note No. | 31.03.2022 ₹ |
31.03.2021 ₹ |
|---|---|---|---|
| I Equity and Liabilities: | |||
| Shareholders’ Funds | |||
| (a) Equity Share Capital | 20,00,000 | 17,00,000 | |
| (b) Reserves and Surplus (Statement of Profit and Loss) |
3,00,000 | 4,00,000 | |
| 2. Non-Current Liabilities | |||
| Long-term Borrowings | 3,00,000 | 2,00,000 | |
| 3. Current Liabilities | |||
| Trade Payables | 50,000 | 25,000 | |
| Total | 26,50,000 | 23,25,000 | |
| II Assets : | |||
| 1. Non-Current Assets | |||
| (a) Fixed Assets | |||
| (i) Tangible Assets | 8,00,000 | 9,00,000 | |
| (ii) Intangible Assets | 5,00,000 | 2,00,000 | |
| (b) Non-current Investments | 3,00,000 | 4,00,000 | |
| 2. Current Assets | |||
| (a) Inventories | 4,00,000 | 5,00,000 | |
| (b) Trae Receivables | 1,50,000 | 1,25,000 | |
| (c) Cash and Cash Equivalents | 5,00,000 | 2,00,000 | |
| Total | 26,50,000 | 23,25,000 |
Additional Information:
Depreciation of ₹1,00,000 was charged on Tangible Assets during the year.
On the basis of the above information prepare the Cash Flow Statement’ of Sujata Ltd.
Marks-6, CBSE:2022-23/Zone-2/Set-1/Q-34
Answer :