From the following Balance Sheet of Gopal Ltd. and the additional information as at 31st March, 2019, prepare a Cash Flow statement when cash flows from financing activities is Rs. 2,32,000.

Gopal Ltd.

Balance Sheet as at 31-3-2019

Particulars Note no. 31.3.2019
(₹)
31.3.2018
(₹)
I – Equity and Liabilities :
1. Shareholders Funds :
(a) Share Capital 10,00,000 8,00,000
(b) Reserves and Surplus 1 4,00,000 (1,00,000)
2. Non-Current Liabilities :
Long-term Borrowings 2 9,00,000 9,00,000
3. Current Liabilities :
(a) Short term Borrowings 3 2,40,000 1,00,000
(b) Short term Provisions 4 2,00,000 1,75,000
Total 27,40,000 18,75,000
II – Assets :
1. Non-Current Assets :
(a) Fixed Assets :
Tangible Assets 5 20,00,000 14,42,000
(ii) Intangible Assets 6 46,000 58,000
(b) Non-current Investments 1,00,000 45,000
2. Current Assets :
(a) Current Investments 2,00,000 1,20,000
(a) Inventories 7 2,14,000 90,000
(b) Cash and Cash Equivalents 1,80,000 1,20,000
Total 27,40,000 18,75,000

Notes to Accounts

Note Number Particulars 31.3.2019
(₹)
31.3.2018
(₹)
1 Reserves and Surplus
Surplus (Balance in Statement of Profit & Loss) 4,00,000 (1,00,000)
2 Long-term Borrowings :
12% Debentures 9,00,000 9,00,000
3 Short Term Borrowings:
Bank Overdraft 2,40,000 1,00,000
4 Short Term Provisions:
Provision for Tax 2,00,000 1,75,000
5 Tangible Assets:
Machinery 24,00,000 16,42,000
Less: Accumulated depreciation (4,00,000) (2,00,000)
Total 20,00,000 14,42,000
6 Intangible Assets :
Goodwill 46,000 58,000
7 Inventories
Stock in trade 2,14,000 90,000

Additional Information :

Tax Rs. 1,50,000 was paid during the year. 

Marks-6, CBSE:2019-20/Main/04/Q-32

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